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ShipMonk Summits Enhance 3PL Mindsets

Ship Monk

And, of course , that the page they’re on is informed, thorough, and forward-thinking. Yes, there are also cute company dogs present, warehouse tours, and the occasional lighthearted team-building exercise, but overall, employees keep their eyes on the prize of enhancing our 3PL’s ability to kick eCommerce butt.

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How to recession-proof your small trucking company: A survival guide for truckers in 2022

Envase Technologies

Without question, the largest cost incurred by any small trucking company is the purchase of fuel. Well managed fuel programs can provide excellent opportunities for savings on fuel purchases. We offer one, and participating companies saved close to 15 percent on their fuel purchases in the first 20 days of July.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed.

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

The answer is to benchmark your freight, of course. Firstly, if you plan to benchmark as a one-off exercise now and again, you might engage a specialist team of consultants to execute a project for you. The Pros and Cons of Procuring a Benchmarking Tool. What Are Your Freight Benchmarking Options?

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Omnichannel Retail and the Cost to Serve Online Customers

Logistics Bureau

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. That’s a strong indicator that improvements are there for the taking, but you need to exercise care in how you go about it.

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

But, of course, what those circumstances are is for you to decide. Similarly, suppose your company needs to purchase materials or goods within a foreign territory, for example. Outsourcing can help you improve supply chain visibility if your partner is a provider that has the tools and technology to track and monitor the processes.

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Use the New GDPR Legislation to Rethink the Way You Market

Logistics Marketing Advisors

Communication is a two-way street, of course. If an honest assessment points more to the latter, now is a good time to course correct. For example, if you regularly share information with your list using a marketing automation tool like HubSpot, you can easily determine who is and isn’t interacting with your content.