Talking Logistics

JUNE 2, 2016

Today, shippers face increased regulations, unstable market conditions and capacity concerns that make it near impossible for a newly divested company to achieve all of its goals without the expertise and support of a third-party logistics (3PL) provider. Step 3: Develop a Customer-Centric Supply Chain Model.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

GlobalTranz

APRIL 5, 2016

Although 3PL Logistics Companies or 3PLs were around before the recession, companies realized the short-term savings of outsourcing logistics, transportation, and freight management to 3PLs quickly, and the age of the rise of the logistics provider was born. Client Needs of 3PL Logistics Companies.

Logistics Network Optimization Software 120

Logistics Network Optimization Software 3PL Negotiating Skills Purchasing Skills 120

Supply Chain Matters

JUNE 23, 2023

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 34th Annual State of Logistics Report to organization members and the industry as a whole. Background As our readership is likely aware, this report provides a snapshot of the U.S.

Procurement Analytics 40

Procurement Analytics Report Negotiating Skills Purchasing Skills 40

GlobalTranz

APRIL 25, 2017

Therefore, more companies have partnered with third-party logistics providers ( 3PLs ) to achieve greater supply chain savings and presence in such markets through enhanced transportation management systems ( TMSs ). Greater Supply Chain Savings Thanks to Transportation Management. Why Work With a 3PL?

Cost Reduction Strategies 156

Cost Reduction Strategies Resource Reduction Vendor Strategies Expense Reduction 156

Locus

MAY 20, 2024

BORIS – Buy Online Return In Store BORIS is another omnichannel fulfillment model where consumers can return their previously purchased online orders at nearby physical stores. In a way, this model is a win-win as it saves return logistics costs for retail businesses. How to Improve Fleet Utilization?

Logistics Network Optimization Software 98

Logistics Network Optimization Software Inventory Reduction Cost Reduction Strategies Retail 98

GlobalTranz

MARCH 2, 2015

When it comes to efficient and cost-effective over the road transportation management , it is absolutely crucial that you be working with a trustworthy 3PL. Understanding the potential value of a 3PL early in the process is crucial to saving money and providing great service. What Is A 3PL?

3PL 120

3PL Third Party Logistics Logistics Network Optimization Software Cost Reduction Strategies 120

Logistics Viewpoints

OCTOBER 19, 2023

When the 3PL driver delivered it a few months later he noticed it was damaged and submitted a request for a replacement. The order management system wasn’t effectively connected to the warehouse management system showing tables available or the transportation management system showing the carrier had returned my first table.

Supply Chain Planning Software 254

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 254

3rdwave

AUGUST 7, 2019

There are 4 fundamental areas where global transportation is challenged. Three of these challenges are variants on traditional transportation challenges and the last is relatively new but growing in importance. These challenges are: Information Accessibility – visibility, reporting & analysis, communication.

Global Transportation 75

Global Transportation Transportation Management Purchasing Skills Negotiating Skills 75

Supply Chain Game Changer

NOVEMBER 28, 2019

Third-party logistics (or 3PL) providers, are standing on the brink of breakout growth. The global 3PL market, valued at $728.6B While 3PL providers want to adapt to this new market opportunity, their existing logistics operations often have a hard time keeping pace with these growing demands. BILLION by 2025. Project 44.

Logistics Network Optimization Software 83

Logistics Network Optimization Software 3PL Optimal Sourcing Supply Chain Planning Software 83

Talking Logistics

DECEMBER 11, 2014

As the American computer scientist Alan Kay famously said, “The best way to predict the future is to invent it.” So, here is my invented future for 2015, starting with my most audacious prediction: Google will acquire a logistics service provider (3PL) and/or a logistics software vendor. 3PLs Need to Take Broader Perspective.

Predictive Analytics Software 205

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 205

ShipBob

JANUARY 23, 2023

This year over 20% of purchases are expected to take place online , compared to 17.8% Last-mile delivery is a logistics term that is defined as the transportation of a package from a fulfillment center to the package’s final destination, which is usually a personal residence. And now, in 2023, ecommerce sales continue to accelerate.

3PL 98

3PL Cost Reduction Strategies Inventory Reduction Expense Reduction 98

Unleashed

OCTOBER 6, 2021

Instead, it sends the order directly to a manufacturer or another type of supplier, who then transports the order directly to the customer. Using this process for even some of your products saves on labour costs, fulfilment demands, warehousing space and administrative work. Learn more: Better Dropshipping with Inventory Management 5.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

SCMDOJO

JUNE 28, 2024

Diverse Skill Set Utilization: Multifaceted Role: Supply chain roles often require a blend of analytical, organizational, communication, and problem-solving skills. This can be engaging and fulfilling for those who enjoy using their analytical and strategic thinking skills.

Negotiating Skills 93

Negotiating Skills Optimal Sourcing Purchasing Skills Supply Chain Design Software 93

Talking Logistics

MAY 27, 2015

The company invested $125 million in R&D last year, a level it plans to sustain moving forward, and about 10 percent of that investment is going toward JDA Labs , which is focused on cloud, mobile, machine learning, predictive analytics, wearables, and other customer-guided projects. The value of IT is in how you use it.

3PL 100

3PL Conference Logistics Network Optimization Software Negotiating Skills 100

Stord

MAY 15, 2024

Customer satisfaction hinges on more than just the quality of the products purchased; it's also deeply influenced by the efficiency and reliability of the delivery process. When customers hit 'purchase,' they're not just buying a product; they're buying an experience — one that includes a swift and smooth delivery process.”

Logistics Network Optimization Software 78

Logistics Network Optimization Software Sourcing Strategies Logistics Supply Chain Design Software 78

GlobalTranz

AUGUST 1, 2018

Although it may seem counterintuitive for a third-party logistics provider (3PL), like Cerasis, to trumpet such prospects, the resounding impact will drive greater efficiencies in supply chains. In turn, demand for 3PL services may increase, and even 3PL-based platforms, such as the Cerasis Rater, will grow in usefulness.

Supply Chain Planning Software 121

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Pharmaceutical 121

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.

Optimal Sourcing 88

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 88

Turvo

NOVEMBER 23, 2021

Consumers or business owners create a purchase order. Utilizing supply chain management tools or 3PL partnerships gives a first-mover advantage to large companies. Think of a software program that combines order management, transportation management, and supply chain optimization exclusively for SMEs.

Supply Chain Software 86

Supply Chain Software Predictive Analytics Software Analytics Software Optimization Software 86

The Logistics of Logistics

OCTOBER 8, 2012

When you have chosen a 3PL partner, insure that you have an effective Service Level Agreement (SLA) with accompanying Key Performance Indicators (KPIs) to manage the Service Level of the 3PL. This SLA/KPI has to be negotiated and agreed upon by you and your 3PL partner.This negotiation time can take three (3) to Six (6) months.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

GlobalTranz

APRIL 6, 2016

The transportation management system is undoubtedly one of the buzzwords of the modern logistics industry. Shippers around the globe are realizing why the time has arrived to take advantage of transportation management system benefits. We call this a hybrid managed transportation model. Shippers demand in-house solutions.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Transportation Management Demand Planning Software 120

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

BR Williams Supply Chain Management

DECEMBER 14, 2021

FreightWaves Ratings names BR Williams the best trucking and transportation company in Alabama. A family-owned trucking, third-party logistics (3PL ), and eCommerce fulfillment company , BR Williams was awarded this title through FreightWaves Ratings. On the list, FreightWaves Ratings also reported that Google rated BR Williams 4.6

Alabama 98

Alabama Company Third Party Logistics Logistics Network Optimization Software 98

Intelligent Audit

JANUARY 9, 2023

As the transportation industry waves goodbye (and good riddance) to 2022, innovative logistics professionals are already working hard to make 2023 a banner year for the global transportation industry. FedEx Launches Consolidated Returns Service. 12 statement from FedEx. “ Airfreight Demand Plummets as Shippers Flock to Ocean.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Negotiating Skills Purchasing Skills 52

GlobalTranz

JANUARY 22, 2019

Technology allows shippers to work smarter, faster and with fewer human resources, and new technologies, such as drones and augmented reality, are continuing the process, reports Victoria Kickham of Logistics Brief. Dropshipping refers to manufacturers sending products directly, but products are purchased through a third-party.

Logistics Network Optimization Software 182

Logistics Network Optimization Software Analytics Software Demand Planning Software Trends 182

GlobalTranz

AUGUST 18, 2015

With an ever-increasing pool of third-party logistics (3PL) providers to outsource shipping needs to, understanding how to select the best 3PL is the difference between reaching your existing customers and gaining a new market share. Fortunately, selecting a 3PL for 2015 and beyond can be broken down into six specific questions.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Analytics Software Company Predictive Analytics Software 120

Locus

JUNE 24, 2024

Secondly, the advanced analytics and machine learning capabilities of Locus’ software enable businesses to make data-driven decisions, optimize routes , and reduce delivery times and costs. Currently, Descartes is focusing on improving export limitations, adoption of regulations, and search preference settings.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Design Software Analytics Software Optimization Software 52

GlobalTranz

FEBRUARY 7, 2018

Companies Will Levy the Power of 3PL-Based Technologies. The increasing power of Amazon will also be a driving force in the push for supply chain managers to adopt transformative supply chain technologies and take advantage of 3PL resources, asserts Amy Wunderlin of Supply & Demand Chain Executive. Download white paper.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Optimization Software 170

Supply Chain Matters

AUGUST 9, 2024

According to reporting from The Wall Street Journal , the company has been leveraging strong demand for refrigerated warehousing since the Covid-19 pandemic began. a provider of transportation management systems ( TMS ). billion billion in a recent initial public offering (IPO). This column highlighted Lineage’s $1.9

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Optimization Software 59

GlobalTranz

OCTOBER 13, 2017

Among millennials, consumers are willing to pay a premium up to 30-percent more for same-day delivery, reports McKinsey & Company , with an overwhelming majority willing to pay extra for guaranteed delivery, as shown below: Paired with the sudden spike in parcel delivery, last mile delivery will continue to grow 10-percent annually.

Logistics Network Optimization Software 204

Logistics Network Optimization Software Trends Procurement Analytics Logistics 204

Logistics Viewpoints

OCTOBER 31, 2022

ZF offers product and software solutions for established vehicle manufacturers and newly emerging transport and mobility service providers. ZF transforms those purchased products into over 2,000 products. MSCN solutions provide supply chain visibility, network-based applications, and network analytics.

Agile and Lean Supply Chain 215

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 215

GlobalTranz

JUNE 18, 2015

So, many suppliers utilize outside logistics management to ensure customers remain fully satisfied and continue to repeat purchasing. Companies that integrate reverse logistics systems into their logistics systems distinguish themselves from competitors in: effective management of inventory availability and cost. customer satisfaction.

Reverse Logistics 120

Reverse Logistics Optimization Software Demand Planning Software Supply Chain Network Software 120

BlueYonder

JULY 25, 2017

Over the past 30 years, the 3PL industry has gone through tremendous transformation. The shifts in manufacturing and retail business models, enhanced delivery models, such as last mile and click and collect, along with the innovative advances in technologies, have created significant opportunities for 3PL companies.

Third Party Logistics 44

Third Party Logistics Modeling 3PL Modeling Software 44

Unleashed

DECEMBER 21, 2023

Inventory management solutions are the systems and processes designed to effectively oversee the entire lifecycle of your business’s inventory, from procurement and storage to distribution and sales. It ties up precious capital, leads to extra storage costs, and may result in the product becoming outdated before it can be sold.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. What do you mean by last mile delivery costs in logistics? Read also: How to Calculate the Cost of Transport 2.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

6 River Systems

AUGUST 19, 2020

Leverage big bata, analytics and optimization Supply chains were driven by numbers and statistics for a long time. Quantifiable performance indicators were always considered key metrics by supply chain executives. Leveraging a 3PL is a viable strategy to increase the profitability of your retail business.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Analytics Software Sustainability 59

GlobalTranz

APRIL 17, 2018

Those needing to ship parcel in volume should negotiate shipping rates with all applicable carriers, including local and regional carriers, reports David Butcher of ThomasNet. This may include working with a third-party logistics provider (3PL) to secure the best rates, especially if you are already locked into an existing carrier contract.

Material Savings 151

Material Savings Shipping Cost Reduction Strategies Negotiating Skills 151