GlobalTranz

MARCH 17, 2022

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. GlobalTranz works with manufacturing shippers every day to move their goods and streamline their logistics strategies. Supply Chain Management and Maintaining Inventory.

Logistics Network Optimization Software 247

Logistics Network Optimization Software Supply Chain Planning Software Inventory Management Software Inventory Reduction 247

The Logistics of Logistics

MAY 4, 2021

Offering a comprehensive warehouse management platform, we make it easy for 3PLs to manage inventory, automate routine tasks, and deliver complete visibility to their customers. Lean More About The Future of 3rd Party Fulfillment. Third-Party Logistics Warehouse Benchmark Report. The Logistics of Logistics Podcast.

Logistics Network Optimization Software 219

Logistics Network Optimization Software Supply Chain Network Software Supply Chain Software Third Party Logistics 219

Supply Chain Insights

SEPTEMBER 2, 2014

Today, 90% of publicly-traded companies are stuck at the intersection of operating margin and inventory turns. Will your UPS store or Third-party Logistics (3PL) provider, through printing on-demand, become the new provider of parts for industrial equipment? It is needed. Digital Printing.

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Design 253

Supply Chain Opz

OCTOBER 3, 2013

The company held $500 million of inventory which was about 2 months coverage, much more than those of the other technology companies. Jobs also run the day-to-day operations, which resulted in the relationship problems with key vendors and third party logistics providers.

Case Study 268

Case Study Supply Chain Software Study Supply Chain 268

Logistics Viewpoints

FEBRUARY 20, 2023

In the supply chain world, contract logistics – where a third-party logistics (3PL) firm runs and manages warehouses on behalf of their clients, is a $200 billion plus market. This model comes from a partnership between GEP and Eliant Inventory Solutions. One critical aspect of a MSCN is its architecture.

Supply Chain Planning Software 248

Supply Chain Planning Software Logistics Network Optimization Software GEP Supply Chain Software 248

GlobalTranz

DECEMBER 18, 2014

Still in all most fabricators have seen steel sales rise and customer demands and inventory requirements increase over the past several years. Use a Third Party Logistics Company : A prominent report supports the rising using of 3PLs as a way for shippers to take a competitive advantage.

Manufacturing Procurement 236

Manufacturing Procurement Manufacturing Purchasing Skills Sourcing Strategies 236

GlobalTranz

JULY 7, 2021

Learning the difference between third party logistics (3PL) and fourth-party logistics (4PL), as well as 1PL and 2PL, and the rise of even fifth-party logistics (5PLs) is becoming increasingly sophisticated and valuable for driving successful supply chain operations.

3PL 210

3PL Third Party Logistics Logistics Network Optimization Software How To 210

Kinaxis

FEBRUARY 22, 2018

Among the many supply chain initiatives taking place today, vendor-managed inventory (VMI) has become an increasingly effective process and business model to help organizations share risk and information between vendors and customers — while benefitting from lower stockouts, reduced uncertainty and lower costs. Lower order volatility.

Vendor Strategies 150

Vendor Strategies Inventory Reduction Beverage Modeling 150

Logistics Viewpoints

OCTOBER 30, 2023

For this project, Solvoyo consultants built a network design model and ran more than 120 scenarios to refine the customer service and inventory mix strategy. However, the project also identified savings from the consolidation of the third-party logistics (3PL) contracts. The project took close to nine months.

Vendor Strategies 269

Vendor Strategies Cost Reduction Strategies Modeling Inventory Reduction 269

The Logistics of Logistics

OCTOBER 29, 2024

He is focused on revolutionizing the 3PL industry by providing innovative solutions that enable third-party logistics providers to increase their profitability and efficiency. is a leading e-commerce logistics provider specializing in premium fulfillment services. About Launch Fulfillment Launch Fulfillment Inc.

Logistics Network Optimization Software 187

Logistics Network Optimization Software United Kingdom Supply Chain Software 3PL 187

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

An option for businesses is to work with a single third-party service provider that has relevant expertise in the local logistics industry and access to pertinent infrastructure. Third-party logistics providers can provide customised solutions to best suit business needs.

Supply Chain Planning Software 49

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 49

Logistics Viewpoints

FEBRUARY 2, 2023

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.

Supply Chain Planning Software 235

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 235

GlobalTranz

JULY 1, 2021

Accrual (billed vs. unbilled) – Tracking transportation metrics for billed versus unbilled accruals helps shippers account for differences in carrier billing practices and understand the current flow of inventory through the transportation network. More unbilled shipments may mean greater financial instability in your logistics budget.

Metrics 315

Metrics Transportation Vendor Strategies Logistics Network Optimization Software 315

Supply Chain Shaman

MARCH 19, 2014

Instead, what I observed when I looked at the data, was that most companies that I had worked with (in my role as an industry analyst, I had worked with over 300) were going backwards on margin and inventory turns. Resiliency is the pattern at the intersection of operating margin and inventory turns. “Ugh,” I said.

Gartner 315

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Software 315

Supply Chain Shaman

APRIL 30, 2020

The companies are just not good at managing inventories and orchestrating distribution strategies. In the post-COVID-19 recovery, the recovery requires a perpetual inventory signal update at the speed of business: realt-time allocation and Available-to-Promise capabilities. In the short-term, expect disruption. Recommendation.

Supply Chain Design Software 355

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 355

The Logistics of Logistics

OCTOBER 26, 2020

Key Takeaways: An Introduction to 3rd Party Logistics. According to CSCMP , a Third-Party Logistics Provider (3PL) is a company that provides multiple logistics services for use by customers. Vendor Managed Inventory. Logistics Services. LLP/4th Party Logistics. Inbound Logistics.

Logistics Network Optimization Software 244

Logistics Network Optimization Software 3PL Agile and Lean Supply Chain Colombia 244

Logistics Viewpoints

SEPTEMBER 6, 2024

FedEx Announces Majors Investment in AI Robotics Company “Nimble” to Boost its Supply Chain Business FedEx announced an investment in AI robotics and autonomous technology company Nimble to enhance its Fulfillment unit, which supports small and medium-sized businesses in managing orders and inventory.

Supply Chain Planning Software 276

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software North Carolina 276

DELMIA Quintiq

OCTOBER 28, 2014

I had an interesting conversation about this with Frank Tinschert, Business Unit Director Logistics at Quintiq, and below are his answers. The general situation for third-party logistics providers (3PLs) is that the requests made by their customers have become more challenging. This is the point of view of 3PLs.

Supply Chain Planning Software 281

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Analytics Software 281

GlobalTranz

DECEMBER 15, 2014

Warehouse operations and their efficiency are a key to any company that deals with freight, shipping and inventories. 3PL Pricing Structure: Part 2 In Third Party Logistics Implementation. 3PL Pricing Structure: Part 2 In Third Party Logistics Implementation.

Supply Chain Software 251

Supply Chain Software Supply Chain Planning Software Logistics Network Optimization Software Demand Planning Software 251

Logistics Viewpoints

SEPTEMBER 2, 2024

They have been successful enough with their fulfillment capabilities that they are no longer just a direct-to-consumer retailer; they are also a third-party logistics provider. The company is not just a retailer, they are also a third-party logistics provider. There were a few reasons.

Logistics Network Optimization Software 227

Logistics Network Optimization Software Retail Material Savings Logistics 227

Supply Chain Shaman

DECEMBER 12, 2024

Expect greater variability in lead times and an increase in in-transit inventory. Inventory Management. Tariffs dynamically change the value of inventory, necessitating investment in deeper inventory management solutions. Few are ready to rationalize the differences in the price of inventory on receipt.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 195

Supply Chain Shaman

SEPTEMBER 27, 2021

Survey existing suppliers, third-party logistics providers and customers. Driving manufacturing excellence without a clear definition of supply chain excellence throws the supply chain out of balance, decreasing customer service and increasing inventory and overall cost.

Supply Chain Planning Software 333

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 333

GlobalTranz

FEBRUARY 2, 2015

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story. We never ran out of or had too much inventory.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

GlobalTranz

SEPTEMBER 16, 2016

Third party logistics (3PL) is the function by where the owner of goods outsources numerous components of the supply chain to a 3PL company that can perform the management function of the clients’ customs, inbound freight, distribution, warehousing, order fulfilment and outbound freight to the client’s customers.

3PL 120

3PL Third Party Logistics Logistics Network Optimization Software Warehousing 120

Supply Chain Game Changer

SEPTEMBER 1, 2021

A successful new business model has come to the forefront, and it doesn’t require you to have an inventory. How You Can Manage Your E-Commerce Store With No Inventory. This includes affiliate marketing, print-on-demand, dropshipping, MLM Marketing, and third-party fulfillment. Third-Party Logistics (3PL).

Inventory Reduction 87

Inventory Reduction Inventory Supply Chain Design Software Logistics Network Optimization Software 87

Logistics Viewpoints

MAY 5, 2023

The 11-person startup connects manufacturers, distributors, wholesalers, and retailers, helping each stakeholder share product, pricing, and inventory information. The funding round included participation from Founders’ Co-op, Ascend VC, Fortson VC and San Francisco-based Upside VC.

Logistics Network Optimization Software 227

Logistics Network Optimization Software Connecticut Supply Chain Planning Software Price Reduction 227

Logility

JULY 22, 2024

For example, Reynolds integrated third-party logistics facilities into the supply network while digitizing demand and supply planning with the AI-powered platform. This commitment led to a 20% improvement in forecast accuracy, significantly impacting inventory management and reducing stockouts.

Continuous Improvement 204

Continuous Improvement Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 204

Logistics Viewpoints

JULY 14, 2022

Manufacturers, retailers, and third-party logistics providers can all benefit from digitized logistics. The company is using an advanced TMS to achieve real-time inventory visibility for both warehousing and shipment tracking across its extended carrier network. With nearly $21.3

Logistics Network Optimization Software 286

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Real-time Visibility 286

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Unleashed

SEPTEMBER 30, 2021

Vendor managed inventory (VMI) – when executed well – can be an efficient and cost-effective system for managing the supply of goods. Learn more: What is Inventory Management? Techniques for 2021 What is vendor managed inventory? How does vendor managed inventory work?

Vendor Strategies 98

Vendor Strategies Inventory Reduction Inventory Inventory Management Software 98

The Logistics of Logistics

MAY 8, 2023

Square1 Logistics is a third-party logistics (3PL) provider based in Springfield, Missouri. The company offers a range of logistics services, including transportation, warehousing, and supply chain management. It may be necessary to look for a more experienced and capable provider to meet your growing needs.

3PL 217

3PL Missouri Logistics Network Optimization Software Warehousing 217

PINC

FEBRUARY 7, 2020

Union City, CA – February 7th, 2020 – PINC , the number-one provider of digital yard management and inventory robotics solutions to the world’s leading brands, is honored to be named as one of the four finalists in the New Product Category for the 2020 MHI Innovation Award with PINC AIR. ABOUT PINC.

Innovation 26

Innovation Predictive Analytics Software Supply Chain Network Software Optimization Software 26

Logistics Viewpoints

JUNE 10, 2022

Target expects squeezed profits from aggressive plan to get rid of unwanted inventory. Earlier this week, Target warned investors that its profits will take a short-term hit, as it marks down unwanted items, cancels orders, and takes aggressive steps to get rid of extra inventory. Descartes acquires XPS Technologies.

Logistics Network Optimization Software 248

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software 248

Supply Chain Opz

OCTOBER 16, 2017

Understand customer behavior Many people believe the advantage of Alibaba group is that they don't carry inventory. You can save a lot of cost of capital by not holding inventory but you won't be able to be responsive to customer demand either. Let's check out what we think Alibaba's secret sauce is. We think a coin has two sides.

Supply Chain Strategy 159

Supply Chain Strategy Vendor Strategies Supply Chain Modeling 159

ShipBob

JUNE 18, 2023

If you start out a quarter with more inventory than when you started the previous quarter, is it a good thing or a bad thing? Or, it’s an indication that you have more inventory than you can sell. If you start out with less inventory than the period prior, it could mean you sold a lot of your stock — congratulations!

Inventory 98

Inventory Purchasing Skills Manufacturing Procurement How To 98

ToolsGroup

MAY 12, 2021

CSCMP and ToolsGroup surveyed more than 200 supply chain professionals around the world from manufacturing, retail, consumer packaged goods, aftermarket parts, wholesale distribution, and third-party logistics (3PL) firms, as well as consulting organizations.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 156

Supply Chain Shaman

FEBRUARY 7, 2014

Nine out of Ten Companies are Stuck at the Intersection of Operating Margin and Inventory Turns. I spoke to one client last week that gets 13,000 spreadsheets from one customer that has 72 manufacturing plants with changes two to three times a day. After these discussions, I am amazed that we have made as much progress as we have.

Supply Chain Planning Software 289

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Network Software 289