The Logistics of Logistics

APRIL 19, 2023

Dusty is the CEO of Red Stag Fulfillment is a third-party logistics (3PL) company based in Knoxville, Tennessee. About Red Stag Fulfillment Red Stag Fulfillment is a rapidly growing third-party logistics company based in Knoxville, Tennessee, founded in 2013 by Ryan Kelly and Eric McCollom.

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Talking Logistics

MAY 6, 2019

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance. And it begins with improving their inventory accuracy. The Inventory Accuracy “Confidence Gap”.

Optimal Sourcing 156

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BR Williams Supply Chain Management

SEPTEMBER 27, 2021

To understand what’s going on with third-party logistics , we had an extensive discussion with four industry thought leaders at BR Williams. How exactly do you develop and deepen client relations when there are inventory delays? The Future of Third-Party Logistics.

Third Party Logistics 95

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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.

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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.

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Supply Chain Shaman

DECEMBER 27, 2022

McKinsey promises improved agility (not defined) with up to a 30% reduction in operational cost and a decrease in inventory of 75%. (I The technology is the easy part, but making a conscious choice on inventory deployment is challenging for companies. It combines robotics, analytics, and the Internet of Things (IoT). Self-driving cars?

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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.

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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.

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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 316

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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.

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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

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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

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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.

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RFgen

DECEMBER 4, 2024

In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times. An efficient procurement process optimizes vendor selection and purchasing decisions to maintain cost-effective inventory levels. For instance, a low inventory turnover rate might signal overstocking, tying up capital unnecessarily.

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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

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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.

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RFgen

DECEMBER 19, 2024

By maximizing space utilization, improving inventory control , and boosting workflow efficiency, you can unlock significant cost savings and elevate your customer service game. Essential technology solutions, including Warehouse Management Systems (WMS), Inventory Management Systems (IMS), and the transformative power of IoT and automation.

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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.

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Logistics Bureau

DECEMBER 31, 2024

A 3PL (Third-Party Logistics provider) is a company that takes care of your logistics operations – everything from warehousing your products to getting them where they need to go. You know how challenging it can be to manage inventory, coordinate shipments, and handle distribution all on your own?

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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 323

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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.

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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

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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.

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SCMDOJO

DECEMBER 29, 2024

12 Useful Websites to Help You Liquidate Inventory and Make Money This blog post is about websites that can help you sell excess inventory and convert it into cash. However, liquidation involves selling excess or unwanted inventory to convert it into cash.

Negotiating Skills 95

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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.

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The Logistics of Logistics

JUNE 14, 2023

Despite a challenging economic environment and less favorable market conditions, the largest third-party logistics companies in North America continued to grow last year. Shippers have replenished their inventories after struggling with supply chain bottlenecks during the recovery from the coronavirus pandemic.

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BlueYonder

MARCH 17, 2025

They must track inventory, orders and returns in real time, at all times. And they need to manage their resources, from inventory and labor to forklifts and robotics, with incredible precision keeping all assets moving productively, while avoiding excess inventory and equipment downtime.

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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.

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Supply Chain Shaman

NOVEMBER 13, 2022

billion inventory write-off in the third quarter, essentially admitting that it too was caught up in the Internet hype that, at its peak, gave the company the highest market capitalization in Wall Street history. Players like Cisco Systems rode the wave selling high-end servers and did not shut down production soon enough.

Supply Chain Planning Software 351

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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.

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Talking Logistics

JUNE 13, 2018

The needs and expectations of manufacturers and retailers for their logistics partners have changed significantly over the years, and confusion and misconceptions remain in the marketplace concerning what third-party logistics providers (3PLs) and fourth party logistics providers (4PLs) are and the services they offer.

Third Party Logistics 143

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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 351

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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.

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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

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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.

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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.

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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.

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