Everything You Want to Know about Freight Auditing

Freight auditing, as intimidating as it may seem, is an essential process within any business that deals with the shipment of goods to customers through carrier companies. The process allows your company to clarify its invoices and monitor transportation expenses. While your business may not be completing its freight auditing entirely on its own, it is still important to have a basic understanding of the process. This knowledge will give you a deeper insight into how your company operates as a whole. To get you started, here are some essential points that will give you a better grasp of the auditing process. Bill of Lading vs. Freight Bill A bill of lading is an official contract that provides essential information about a shipment, including details such as its value and weight. This contract is used as evidence of a transaction occurring between the shipper and the carrier. A freight bill—or [...]

By | 2019-01-22T16:39:36+00:00 January 22nd, 2019|Uncategorized|0 Comments

The Benefits of Supply Chain Optimization

Supply chain logistics have always been cost-driven, leading businesses to place a lot of attention on transportation logistics and manufacturing expenses. However, businesses have developed game-changing strategies designed to optimize their supply chain. You may be wondering how you can optimize your supply chain to gain the most out of it. You need to identify, meet, and solve the various challenges the supply chain presents to innovate within your industry. But what are the challenges, and how can you establish a flowing supply chain with maximum ROI? Looking at the Big Picture Pays Off in the Long Run Local optimization within a supply chain is like putting blinders on a horse; a problem in part of the supply chain is fixed, but it causes new issues further down the chain. When it comes to running a business, the “here and now” philosophy doesn’t belong if that business wants long-term [...]

By | 2018-11-29T18:45:14+00:00 October 15th, 2018|Uncategorized|0 Comments

How to Improve Transportation in Your Supply Chain

Is transportation the weakest link in your supply chain? Countries are working on drone delivery to change logistics and add a new facet to the transportation industry. But we’re not there yet. We still have fuel costs, volume density, and other requirements to worry about on trucks, planes, ships, and trains. Depending on your situation, you may need customized solutions, additional funding, or better technology. Since 2014, most supply chain managers have been working towards strengthening the methods of  transportation we use every day with the goal of refining operations and improving their bottom line. Looking for ideas on how improve your transportation methods? Orca is here for you! Invest in Infrastructure Canada’s Trade and Transportation Corridors Initiative (TTCI) declared in 2016 that they would be investing in trade and transportation projects over the course of the next 11 years. Why is this important? Companies rely on a solid [...]

By | 2018-10-23T15:41:27+00:00 October 15th, 2018|Uncategorized|0 Comments