by Wil Kratz | Aug 1, 2023 | Artificial Intelligence, Automation, Blog, Cash Conversion Cycle, Freight Audit & Invoicing
Virtually all freight brokers and third-party logistics providers (3PLs) understand the continual challenge of scaling their business while maintaining profitability. Traditionally, increasing business volume meant hiring more staff leading to higher overhead costs...
by Eric Krueger | Jul 13, 2023 | Artificial Intelligence, Blog, Cash Conversion Cycle, Freight Audit & Invoicing, Technology
As long as there has been a logistics industry, organizations have had the challenge of managing invoicing, auditing, and the cash conversion cycle efficiently. And, it seems as long as there have been these challenges, there have been some widely accepted myths in...
by Eric Krueger | Jul 11, 2023 | Artificial Intelligence, Automation, Blog, Cash Conversion Cycle, Technology
The goal of any third-party logistics provider (3PL) or freight broker is to ensure seamless transportation and delivery of goods for their customers. While there are many other business objectives, this is priority one. Making this happen is not without its...
by Eric Krueger | Jul 6, 2023 | Artificial Intelligence, Automation, Blog, Freight Audit & Invoicing, Technology
In today’s rapidly evolving world, we have seen the logistics and transportation industry embracing innovative technologies to stay ahead of the competition. Artificial Intelligence (AI) and machine learning have emerged as game-changers. We are seeing more and...
by Eric Krueger | Jun 29, 2023 | Artificial Intelligence, Blog, Cash Conversion Cycle, Freight Audit & Invoicing, Technology
I just returned from SMC3 Connections in Orlando. It is always a highlight of my year and I enjoy the many conversations and the insights that the conference affords; this year was no exception. Over the next few weeks, I will be posting our musings based on the...
by Eric Krueger | Jun 23, 2023 | Artificial Intelligence, Automation, Technology
How AI and Automation Are Transforming 3PL & Freight Broker Efficiency The world of logistics and supply chain management is rapidly evolving, with technological advancements driving unprecedented levels of efficiency and cost reduction. Among the most...
