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Fueling Growth: Core Areas To Build A Thriving 3PL & Freight Broker Business 

Fueling Growth: Core Areas To Build A Thriving 3PL & Freight Broker Business 

by Eric Krueger | Oct 26, 2023 | Blog, Cash Conversion Cycle, Cash flow, DSO, Freight Audit & Invoicing, Real-Time Analytics

Ask any executive in any industry and one of their primary goals is growth. The same goes for freight brokers and third-party logistics providers (3PLs). Even with all of the turbulence in the logistics industry, the logistics industry is still highly competitive and...
The Importance of DSO for 3PLs and Freight Brokers

The Importance of DSO for 3PLs and Freight Brokers

by Eric Krueger | Aug 30, 2023 | Artificial Intelligence, Blog, Cash Conversion Cycle, DSO, Freight Audit & Invoicing, Real-Time Analytics

“If you can help reduce our days sales outstanding (DSO), that will be a big win.”    This is what I heard recently from the Director of Finance for a freight broker. At the time of our conversation, he had a DSO of more than 47 days and as a...
Four Key Metrics That All 3PLs & Freight Brokers Need To Be Tracking

Four Key Metrics That All 3PLs & Freight Brokers Need To Be Tracking

by Eric Krueger | Aug 22, 2023 | Blog, Cash Conversion Cycle, Freight Audit & Invoicing, Metrics, Real-Time Analytics

Maximizing revenue growth is a top priority for most logistics companies to achieve long-term success. But how can companies ensure that their current operations and strategies are best positioned to achieve those goals? Measuring and tracking specific metrics is the...
AI, Analytics & The Future of Tech: A Q&A With Kevin Ziegler

AI, Analytics & The Future of Tech: A Q&A With Kevin Ziegler

by Eric Krueger | Aug 16, 2023 | Artificial Intelligence, Blog, Freight Audit & Invoicing, Real-Time Analytics, Technology

We recently had the opportunity to sit down with Kevin Ziegler, Chief Technology Officer for Navix. With over 20 years of experience in technology and the leader of our technology and development teams, we wanted to get his perspective on technology, AI and what the...
Knowledge is Power – Leveraging Real-Time Analytics as a Catalyst for Growth

Knowledge is Power – Leveraging Real-Time Analytics as a Catalyst for Growth

by Eric Krueger | Jul 19, 2023 | Blog, Carrier Satisfaction, Real-Time Analytics, Technology

There is no shortage in the amount of data that is available to third-party logistics providers (3PLs) and freight brokers that will help them make decisions. Being a data-driven business can often be a competitive differentiator. However, not all data has the same...

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