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Embracing AI and Machine Learning: A Game-Changer for Logistics Companies 

Embracing AI and Machine Learning: A Game-Changer for Logistics Companies 

by Eric Krueger | Sep 27, 2023 | Artificial Intelligence, Automation, Blog, Cash Conversion Cycle, Cash flow, Machine Learning, Technology

Artificial Intelligence (AI) and Machine Learning (ML) have revolutionized various industries, and the shipping and freight sector is no exception. As freight brokers and third-party logistics providers (3PLs) look to streamline their operations, many are turning to...
How 3PLs and Freight Brokers Can Maximize Profits & Have Sustainable Growth

How 3PLs and Freight Brokers Can Maximize Profits & Have Sustainable Growth

by Eric Krueger | Sep 18, 2023 | Blog, Cash Conversion Cycle, Cash flow, DSO, Technology

When it comes to growing your business, effective financial management can make all the difference. Two critical aspects that all freight brokers and third-party logistics providers (3PLs) should be focused on are optimizing cash flow and the cash conversion process....
The Power of Reducing Days Sales Outstanding (DSO) for Your Business 

The Power of Reducing Days Sales Outstanding (DSO) for Your Business 

by Eric Krueger | Sep 7, 2023 | Blog, Cash Conversion Cycle, DSO, Freight Audit & Invoicing, Technology

In any business, cash flow is king, this is especially true for those in the logistics space. With the economic uncertainty and the impact that it has had on the freight market, it is imperative for every organization to improve their cash position.   One...
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...
The Costly Pitfalls of Inefficient Invoicing Processes  

The Costly Pitfalls of Inefficient Invoicing Processes  

by Eric Krueger | Jul 26, 2023 | Blog, Cash Conversion Cycle, Freight Audit & Invoicing, Technology

One of the things every business owner knows is that little things make the difference and that when you get the small things right, it often leads to positive and impactful outcomes. One of those things that many freight brokers and third-party logistics providers...
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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