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Is the Package Under your Tree?

Supply Chain Shaman

If you are going to be excellent at ecommerce fulfillment, you need to have great perpetual inventory capabilities. Don’t assume that there is a standard definition, and just because a 3PL signed a contract to deliver it, don’t expect that you are working on the same definition. Don’t fool yourself. Redefine it.

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5 Questions to Ask When Selecting a 3PL

4WL Consulting

Working with a managed transportation services provider (3PL) is an excellent way for shippers to improve their logistics operation and reduce costs. Qualified providers will establish and report on KPIs based on the service metrics most relevant to your company. Do they have the buying power? What’s the ROI?

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Do No Harm…

Supply Chain Shaman

I have learned that supply chain systems are more complex than I originally thought, and that the relationships between supply chain metrics are nonlinear. I would build an expertise system in the Supply Chain Center of Excellence. After three years of research, I have just refined the methodology to start to pull the trends.

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The Trends Shaping Supply Chain and Logistics: Takeaways from Descartes Evolution 2017

Talking Logistics

Logistics Excellence: Now & in the eFuture. getting buy-in from drivers and other stakeholders) and implementing appropriate metrics to measure and drive performance.). If you’re a 3PL, for example, you can monitor markets for opportunities to sell and gain insights on the competitive landscape.

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What is Demand Forecasting? Importance and Benefits of Forecasting Customer Demand

ShipBob

Proper demand forecasting and inventory control can help ensure a business doesn’t buy insufficient or excessive inventory. Demand forecasting can help you spend less money on both inventory purchase orders and warehousing , as the more inventory you carry, the more expensive it is to store. Ryan Casas, COO of iloveplum. Competition.

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Why Reverse Logistics Systems and Transportation Management Should Be Considered Together

GlobalTranz

So, many suppliers utilize outside logistics management to ensure customers remain fully satisfied and continue to repeat purchasing. meaningful and accurate performance metrics. reputation for excellence in reverse logistical results. meaningful and accurate performance metrics. reverse logistic cycle time control.

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16 Cost Reduction Strategies in Inventory Management

Unleashed

Set reorder points for your most frequently purchased items As your business grows, it can be difficult to keep track of the right time and stock level at which to reorder more products. Setting reorder points for the most frequently purchased items can help significantly improve inventory efficiencies and save costs.