This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities.
A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities.
It is beneficial to complement these sources of market information with detailed discussions with those directly involved with day-to-day operating environment. I had the opportunity to speak with Alan Prillaman, SVP of Client Services at Open Sky Group , about the 3PL market. How 3PL’s Operating Challenges Have Evolved.
Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). 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. Develop a Shared Vision Statement with Your 3PL. Time for a New RFP. Collaborate?
Should you implement a technology solution from a third-party logistics provider (3PL) or is it more effective to select a pure-play TMS provider to leverage your data? Many shippers gravitate toward the 3PL supplied technology model for a number of reasons: one throat to choke, one less relationship to manage, etc.
Those who think trucks, trains, ships and planes define the 3PL market may be in for a surprise. The 3PL sector has at least three levels of change to consider and a possible makeover, sooner than some may think. What Market Are 3PLs Really In? Confusing the need with the means has been the undoing of many companies.
Evolving consumer expectations, the impact of tariffs, and new sources of competition are among the many factors driving supply chain complexity. The post The Rise of the Consultative 3PL appeared first on Logistics Viewpoints. It’s no secret that shipper’s needs are changing. Shippers often […].
In a recent study, almost three-quarters (74%) of shippers reported they would switch to 3PL providers based on their AI capabilities. Whether supply chain and logistics teams are looking for new sources of inventory, transportation or warehousing, a full-service logistics software partner can seamlessly connect them with the right partners.
Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Price fluctuations and sourcing issues.
The post Efficient Financing Options Help Enhance Factory Standards in Emerging Markets appeared first on Logistics Viewpoints: A Blog for Logistics, Supply Chain, and 3PL Executives. Procurement/Sourcing Supply Chain Planning Supply Chain Risk Management financial supply chain GT Nexus IFC'
Paul is Co-Founder & CEO of Bulu , a subscription-first, full-service 3PL based in Lincoln, Nebraska. Bulu solves the challenges that arise at the intersection of the ecommerce order page and warehouse logistics, positioning itself as a subscription-first, full-service 3PL. 5000 list of fastest-growing companies in America.
With growing consumer expectations for faster delivery, shippers are expecting value-added logistics services from 3PL operators. This increases the urgency for 3PLs to leverage on the best market trends to increase logistics flexibility. There is certainly high potential for both 3PLs and manufacturers to become more efficient.
How 3PLs Can Gain Visibility and a Competitive Advantage Offering Automated Billing and a Self-Service Interactive Customer Portal It’s hard to imagine a third-party logistics (3PL) business today operating without some form of a warehouse management system ( WMS ) connecting the digital dots.
The best way to avoid disruption is to source and have readily available resources to expand capacity at a moment’s notice. That’s why more companies have chosen to partner with an expert 3PL that has both the technology and people necessary to make it happen. What Can Shippers Do About the Safety Blitz.
A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. To increase resiliency, consider broadening the supplier base and adding local or near-shore sources. Build relationships with your 3PL for capacity and alternative shipping solutions.
As the Coyote stated in the press release , “upon closing of the [AAT] transaction, the combined company will be one of the largest 3PL service providers in North America with run rate revenues of over $2 billion, 17 North American locations, approximately 40,000 contracted carriers and approximately 1,750 employees.”. Source: Adelante SCM.
That’s where automation within 3PL-driven systems can add value. As further noted by Global Trade Magazine , “ Before transitioning into ‘things to consider’ before choosing a 3PL, perhaps the best reason for their existence is technology related.
Recently, they started a series featuring MBAs in the supply chain space , and this post really stood out to us as Cerasis is a 3PL service provider focused on Transportation Management. . 4 questions to ask when determining if a 3PL Service Provider is right for your company. To avoid confusion, let’s call 3PL what it is: outsourcing.
Historically, brokers and 3PL (Third Party Logistics) firms, as a result of their safe relationships with corporate shippers, have intentionally kept pricing and discounts as abstract as possible to maintain a false sense of savings for the end user. Combined, the $4.3 Key Takeaways: The SwanLeap Story.
In today’s competitive market, the successful operation of a business hinges on the smooth integration of various processes and information management systems, especially when it comes to 3PL integration. Thankfully, outsourcing logistics services to a reliable third-party logistics provider (3PL) can make a significant difference.
When your business is receiving more orders than it’s possible to fulfil in-house, third-party logistics (3PL) can mean the difference between disappointing customers and capitalising on that success. In this guide to third-party logistics: What is 3PL? 3PL providers are experts when it comes to shipping and logistics.
Here’s what he said: It starts with sourcing. As much as I think the industry has matured…the places where companies are sourcing from now, and the diversity of sourcing patterns, have created a lot more complexity in the supply chain. Generally speaking, small shippers tend to lack internal expertise (i.e.,
He ran marketing for a large 3PL before launching his own marketing agency, Logistics Marketing Advisors, which focuses exclusively on providing marketing strategy and services to logistics businesses. Jim and his team have done the research to really understand what shippers want from their 3PL.
Matt is the Co-Founder and CEO of popcapacity , which is dedicated to simplifying the process for sourcing warehouse space. Matt and his partner, Derek Loftus started popcapacity in 2021 with the goal of delivering frictionless 3PL warehousing and fulfillment capacity by leveraging marketplace style technology and AI.
The recently-published 2015 Third Party Logistics Study includes a special section on Mexico, and 40 percent of the study respondents said “they have already moved some of their operations to Mexico, citing reduced freight transportation time and closer proximity to sources as the most important factors as the primary drivers of the change.”
Hiring a 3PL service provider could be the best decision for a business today! 3PL services can help you save logistic cost and reduce the supply chain complexity. Hence, out-sourcing these services can reduce the load and make logistics cost-effective. A 3PL has a wide, well established network of transportation.
Electronics Kitting and Assembly with 3PL Solutions. By harnessing the capabilities of a global 3PL partner, companies can unlock new possibilities for efficiency, scalability, and innovation in their electronics assembly processes. Engineer is Holding New HDD Hard Drive.
Fortunately, there is a way for you to solve these supply chain issues, though, and it involves partnering with a 3PL fulfillment agent in China. Here are the three ways a 3PL fulfillment agent in China can keep your e-commerce company competitive. 3PL Fulfillment Agent article and permission to publish here provided by Patrick Otto.
Background Expert opinions appear to be the most important source of information for a trend prediction. 5) Industry is blurring : technology alone is rarely a source of competitive advantage but it''s the combination of technology and the new business model. How can we identify them really?
Today, there are many top 3PL warehousing companies that handle warehousing, fulfillment, logistics and distribution services for companies of all sizes. Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc.
AI/ML algorithms analyze data to provide actionable recommendations, such as increasing production capacity, reallocating inventory, reducing prices, or switching suppliers and 3PL service providers.
So, for a direct response marketer, it’s actually more expensive to not have EDI integration, because without it you’re closed off from potential sources of business. The moment you start shipping with a 3PL as your partner, you already have EDI built in! Myth: It’s Disruptive. Truth: It’s Tried-And-True.
This blog is co-authored by Raj Patel, Senior Director Global Industry Strategy 3PL; Terence Leung, Senior Product Marketing Director; and Nina Seth, Product Marketing Director. Retailers and manufacturers now expect their 3PL partners to deliver better, faster and cheaper services while providing additional value-added services.
While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. Contract manufacturing or 3PL data often will have a 24-hour latency due to batch integration. However, to use these data sources, we must break paradigms and focus on the use of non-relational techniques.
There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Price fluctuations and sourcing issues. Trade disputes and tariffs.
Consider Third-Party Logistics (3PL) 3PL providers bring specialized expertise, advanced technologies, and economies of scale to streamline logistics operations, reduce costs, and free up internal resources. Consider solar panels and other renewable energy sources. This reduces energy consumption and contributes to cost savings.
She also brings extensive 3PL & Shipper Logistics operations experience having spent time as Director of Logistics Services for NFI Interactive Logistics and starting her career in the inbound transportation management function at Staples, Inc and The TJX Companies. Greenscreens.ai Key Takeaways: What is Dynamic Pricing.
She also brings extensive 3PL & Shipper Logistics operations experience having spent time as Director of Logistics Services for NFI Interactive Logistics and starting her career in the inbound transportation management function at Staples, Inc and The TJX Companies. Greenscreens.ai Key Takeaways: What is Dynamic Pricing.
At our Blue Yonder ICON event later in April this year and 3PL Execution Forum in June, 3PL and 4PL companies will explain how they are leveraging innovations as an advantage. Now, logistics providers are accelerating the pace to adopt new technologies to serve customer-first and eCommerce expectations.
Our strategy was to lead with shippers, then onboard their vast networks of carrier, broker and 3PL partners. Diversity of sources (carriers + vendors + customers). When we launched FourKites more than seven years ago, we were maniacally focused on signing up as many of the world’s largest shippers as we possibly could.
It's important to partner and select the right technology partners that can take on the role of many disparate systems - this will ensure a less complex architecture and a source of truth. Both are tied to the growth of the brand, and both will become increasingly complex with a need to hire more resources to manage. The right partner.
Applying Starboard’s rich set of reference costs with Logility’s lane rates and time data structures, users have the ability to quickly analyze options in regions for which they have no prior data and locate the absolute best location for future plants, warehouses or 3PL locations.
Yes, Symphony, a company that started out as a software company enabling the front-end of the e-commerce process, is now a third-party logistics provider (3PL) too. Source: Symphony Commerce website. For related commentary, see Do Facebook and Twitter Need a Logistics Strategy?
Or a personal health situation arises like a batch of peanut butter becoming contaminated with salmonella or children’s toys being contaminated with lead paint, where the regulators have difficulty identifying the source of the problem several tiers upstream in the supply chain.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content