Mastering your freight budget: Accurate forecasting in any market 

Striving for perfect accuracy in freight forecasting is unrealistic given the inherent uncertainties in the shipping industry.

Add in the fact that most businesses still require a 12-month budget forecast, and the job of the ops/supply chain manager doesn’t get any easier.

Fortunately, challenges around accurate budgeting are shared across the industry, and this has spurred a wave of innovation and adaptation, transforming the way shipping companies forecast and manage their freight budgets.

Organisations today can employ a combination of data analysis, predictive ...