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Unlocking the Potential of Less Than Truckload (LTL) Freight Shipping: Strategies for Efficiency and Cost Management

Strategy Driven

One effective strategy is to combine smaller shipments destined for similar locations into one LTL shipment, which leads to better freight rates due to economies of scale. However, it is essential to understand the nuances of LTL freight classes and how they influence cost.

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A Refresher on Internal Rate of Return

Harvard Business Review

You’ve got a great idea for a new product that will increase revenue or a new system that will cut the company’s costs. Any time you propose a capital expenditure, you can be sure senior leaders will want to know what the return on investment (ROI) is. What is internal rate of return? How is it calculated?

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Some Thoughts on Investing from My Recent Interview

Curious Cat

We didn’t take the opportunity to address the financial system risks created by the actions of “Too Big to Fail” banks. Third, the broken healthcare system in the USA results in exceedingly high-priced medical care in a very large and rich market. And it seems to me we have left the central banks in a very vulnerable position.

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Walmart Broadens ROI for Green Power

Harvard Business Review

First, 75 percent of Walmart's California stores now have "some kind of renewable energy system." It also recognizes that, in the meantime, operational managers will gain valuable experience and knowledge about how to optimize the new power systems. We worship internal rates of return (IRR) to our detriment.

ROI 13
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How to Give a Robot a Job Review

Harvard Business Review

“This goes to the heart of intelligent systems design,” asserts Jerry Kaplan, author of Humans Need Not Apply. ” Yet Kaplan also acknowledges that customer-facing machine learning systems increasingly integrate emotional affect , not just algorithmic optimization, into their behavior. .”

Review 8
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Most Industries Are Nowhere Close to Realizing the Potential of Analytics

Harvard Business Review

Many companies invested in analytics systems without fully appreciating that turning data into real value requires a profound reshaping of their day-to-day workflow. Merely layering powerful technology systems on top of existing operations is not enough. Embracing data and analytics is not a tactic; it’s a transformation.

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The Most Common Mistake People Make In Calculating ROI

Harvard Business Review

Your company is ready to make a big purchase — a fleet of cars, a piece of manufacturing equipment, a new computer system. But before anyone writes a check, you need to calculate the return on investment (ROI) by comparing the expected benefits with the costs. Determine the minimum return required by your company.

ROI 8