Wanona Satcher

What a week at Supply Chain Now! If you missed an episode, get a quick summary and listen here. On Monday, we published an excellent episode with Jon Gold, the VP of supply chain and customs policy at the National Retail Federation. Supply Chain Now · “The Voice of Retail: Jon Gold with the National Retail Federation”   On Tuesday, Scott & Greg welcomed two APICS legends to the podcast, Anthony “Z” Zampello & Fred Tolbert, for a lesson in S&OP fundamentals and best practices.   Supply Chain Now · “S&OP Fundamentals & Best Practices: Anthony “Z” Zampello & Fred Tolbert”   On Wednesday, we published this week’s Supply Chain Buzz, with an update on Hurricane Laura from Riskpulse Chief Meteorologist Jon Davis, and then covered the top news in supply chain with Kara Brown and Will Haraway with Lead Coverage.   Supply Chain Now · “The Supply Chain Buzz for August 24th Featuring Jon Davis, Kara Brown, & Will Haraway”   On Thursday, Greg welcomed Flourish CEO Colton Griffin to the TECHquila Sunrise podcast for a great conversation on the ins and outs of founding a tech company, the start-up life, and the cannabis industry.   Supply Chain Now…

Blog Post written by Ohad Azgad, CEO of Cinch Logistics leaders must control costs while maintaining service quality, but hidden freight charges often erode profits due to poor visibility. Cinch analyzed over 7,000 line-item charges from 30+ freight forwarders, brokers, and carriers in FMCG and manufacturing, uncovering three major cost drivers: The Frequency-Impact Paradox Frequent charges like fuel surcharges appear in 14.4% of invoices but contribute just 4.2% of hidden costs. In contrast, customs duties—though present in only 5.8% of invoices—account for 52% of hidden costs. Identifying these patterns helps logistics teams focus on impactful cost reductions. Inconsistent Invoice Terminology Charge names like “Fuel Surcharge” vs. “Bunker Adjustment Factor” vary between carriers, reducing cost visibility and negotiation leverage. Standardizing terminology improves tracking, clarity, and vendor negotiations. Hidden Budget Risks: Customs, Duties & On-Carriage Fees Customs duties account for 46% of hidden costs, while on-carriage fees add 26%, despite appearing in only 4.3% of invoices. These charges are often underestimated during quoting, leading to budget overruns. Proactive management prevents unexpected expenses.   Strategies to Optimize Freight Costs Real-Time Data Analytics: Platforms like Cinch provide charge visibility during quoting, improving cost forecasting and negotiation leverage. Standardized Terminology: Consistent charge names enhance cost…