Best-in-Class Supply Chains Won't Overlook Freight Payment

摘要

As a shipping professional, you play an important role in your company's physical supply chain. But did you know your role is just as important to your company's financial supply chain? In today's global supply chains, encompassing multiple transportation and financial partners, all stakeholders need visibility into transactions, parameters and results of the financial supply chain. This is particularly germane when looking at logistics, freight and freight spend. By delivering faster end-to-end cash flow and seamless transactions, you can improve your organization's working capital, reduce risk, and enhance margins and efficiencies. Getting a balanced view of overall freight payments can improve two critical supply chain measures: Cash-to-Cash CycleTime and Perfect Order Fulfilment. They demonstrate how well supply chain goals are met, and how freight payment factors into the equation.