Hot Topics are written by a leading expert, thought leader, and/or researcher and focus on newly emerging research from CSCMP or other organizations; hot trends and emerging industry insights; and/or journal articles that expose a new perspective or finding that has emerged as a critical issues.  Hot Topics provide a quick way to keep up with a changing supply chain management industry and marketplace.  

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  • The (fragile) state of freight invoice processes and audits
    The supply chain is essential to business; it must continue to function despite uncertainty, disruption, and tight budgets. Unfortunately, the freight market – worth roughly $800 billion annually to the U.S. economy – is still reliant on legacy systems and methods of operation. In fact, an overwhelming 80 percent of carrier invoices contain some kind of discrepancy, according to American Shipper. And 15 to 20 percent of the freight invoice inaccuracies were overcharges by the carrier.
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  • Digital Bills of Lading – A Shift Long Overdue
    Paperwork is still the center of all things logistics. And of all the paperwork, the most important piece is the bill of lading (BOL). Why? The BOL is the legal document that includes all of the details about the shipment and the goods being carried and it serves as a receipt, meaning the carrier won’t be paid for the delivery without it. The BOL performs three key functions: • Proof or evidence of contract of carriage. • Proof to receipt of goods. • Document of title Hyland’s transportation and logistics automation solution enables you to instantly capture, identify and digitize transportation and trade documents in any form. With unlimited, configurable workflows and inherent integration capabilities, you can easily connect and automate data transfer between all trade management and transportation systems.
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  • How Every Shipper Can Benefit From Modern Drop-and-Hook
    Shippers and carriers love drop-and-hook freight for its speed and simplicity. In fact, the majority of US Fortune 500 shipments are sent through preloaded drop trailers. The challenge with drop has been one of scale. Traditional drop services are limited to specific lanes and regions, and when demand surges, they can’t flex up to accommodate the additional volume. In 2017, Convoy Go became the first drop-and-hook service that let carriers of all sizes, including owner-operators, haul power-only loads. This unique, modern approach to drop offered shippers flexible, nationwide capacity with the reliability and quality they’d come to expect from asset-based carriers.
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  • Smarter Supply Chain Control Towers: An IBM Point of View
    Supply chains are an essential service to our daily lives, the backbone of the global economy, and a true source of differentiation and innovation for enterprises. When they run smoothly, customers get the products and services they need at the right price, place and time. But pressure to deliver better customer experiences and continuously optimize operations and costs — coupled with unpredictable disruptions to demand, supply and logistics — have exposed the vulnerabilities and fragility of supply chains.
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  • 2021 Small Parcel Outlook
    There is always an air of uncertainty as a new year approaches. However, with so much change during 2020, one wonders what more could 2021 bring? 2020 will likely be regarded as the year in which the small parcel market was turned upside due to the COVID-19 pandemic, driving a significant rise in the e-commerce business, the likes of which we have never seen before.
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