Talking Logistics

JULY 5, 2023

It depends on whom you ask, of course. I’m sure many carriers, for example, are not celebrating the first half of the year. How would you characterize this year so far, from a supply chain and logistics perspective? Better or worse than expected? Any surprises?

Logistics 126

Logistics Course Supply Chains Examples 126

GlobalTranz

JULY 21, 2015

How will this Impact my Business and 3PL Costs? If you are outsourcing to a 3PL expect a series of potential increases in 3PL costs starting the first of the year, followed by a mid-year increase in 2016 and large annual increases for the next four years. What can you do to mitigate 3PL Costs with the wage increases?

Cost Reduction 94

Cost Reduction 3PL Purchasing Skills Strategy 94

Stord

MAY 15, 2024

For those unfamiliar, dwell time refers to the gap between a 3PL or fulfillment provider’s marking an order as “shipped, ” and the moment a shipping carrier actually scans the package into its system and truly begins to move the package. Bottom line: whom can you trust? Your fulfillment partner or 3PL?

Sourcing Strategies 78

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

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common. Digitize Invoicing to Eliminate Errors and Guard Cash Flow.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 148

3PL Links

FEBRUARY 19, 2024

Let’s examine how the market ended the year, the anticipated course for 2024, and the ever-more-important role that technology plays in this dynamic environment. In the rapidly evolving field of logistics, we at 3PL Links are dedicated to pioneering these developments and making sure our clients are always one step ahead.

Sourcing Strategies 48

Sourcing Strategies Trends Inventory Reduction Logistics Network Optimization Software 48

GlobalTranz

NOVEMBER 16, 2016

Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. As a result, the simplest way of defining a big data strategy must begin with understanding how it will evolve and affect the company. . How to Get Started with Your Big Data Strategy. . Hand-held scanners.

Resource Reduction 91

Resource Reduction Cost Reduction Supply Chain Planning Software Supply Chain Software 91

GlobalTranz

MAY 18, 2015

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.

3PL 93

3PL Logistics Network Optimization Software Outsourcing Cost Reduction 93

10xLogistics

FEBRUARY 6, 2016

I have never seen an industry (except for maybe the airlines) where the supplier's strategy is to essentially go to war with their customer. To help with carrier management and to help shippers navigate this craziness some hire a 3PL. But, what happens when the 3PL is in the tank for the carrier?

3PL 48

3PL Price Reduction Supply Chain Software Course 48

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. But, of course, what those circumstances are is for you to decide. With that in mind, here are some ways to target supply chain service improvements by working with a 3PL.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common. Digitize Invoicing to Eliminate Errors and Guard Cash Flow.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common. Digitize Invoicing to Eliminate Errors and Guard Cash Flow.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

FreightWaves SONAR

FEBRUARY 16, 2021

Of course, that all depends on seeing the activities that are occurring, benchmarking current carrier operations and continuously improving. Freight intelligence tools help management develop a more unified freight strategy. You want to choose a 3PL that can handle your business now and handle it when you’re at full speed.”

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

10xLogistics

JUNE 11, 2013

As I travel and speak to industry leaders I am always asked about strategies for shippers to manage their 3PL relationships. And, of course, there is everything in between. And, of course, there is everything in between. P eople will always act in their own self interest. from the products they are selling.

3PL 54

3PL Outsourcing Sourcing Strategies Cost Reduction 54

Ship Monk

APRIL 4, 2023

Meanwhile, if a shipping label is incorrect (in terms of sender or receiver information), blurred, or even peeled slightly, an order can easily veer off course. Of course (see what we did there?) Here are nine strategies for nipping the negative impact of lost packages in the bud. #1 it’s not always on you.

Packaging 79

Packaging Tips eCommerce Inventory Reduction 79

Ship Monk

JULY 27, 2022

We’re talking, of course, about demand forecasting, or the process of predicting customer demand for a product or service. Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! Is my fulfillment center or 3PL strategically located ? What is Demand Forecasting?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

Ship Monk

AUGUST 3, 2022

Not all of those examples are exactly illustrious, but they do (for the most part) prove that two heads really are better than one. We’ll get into some examples of the different types of “PLs” later, so hang on to your hats! Of course, not all logistics service providers are created equal, which leads us to.

Logistics Network Optimization Software 52

Logistics Network Optimization Software eCommerce Inventory Reduction Resource Reduction 52

Ship Monk

APRIL 5, 2024

Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. For example, evaluate processes including invoicing, payment, tech integrations, communications, timely approvals, and customer service responses. Drop us a line and one of our 3PL fulfillment experts will get back to you shortly.

Negotiate Pricing 82

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 82

Ship Monk

SEPTEMBER 29, 2022

Specifics can vary by industry, of course, but for the most part this takeaway is a good summation. Solution: It’s not that surprising that shipping carriers, certain 3PL partners, and even companies themselves would increase their shipping rates during peak season. Common Challenges & Solutions During Peak Season.

eCommerce 52

eCommerce Purchasing Skills Inventory Reduction Cost Reduction 52

3PL Links

JANUARY 31, 2023

As a result of only investing in an expensive marketing strategy, you immediately miss the point. Track stock Of course, the first thing to consider is whether or not the stock is being monitored. Get started with obsolete inventory Of course, some things sell more slowly than others. In a nutshell, a situation to avoid.

Inventory Reduction 62

Inventory Reduction Inventory Tips Expense Reduction 62

Ship Monk

NOVEMBER 21, 2022

Others take an educated guess and hope for the best, which isn’t a strong strategy either. Using the tea kettle example above, let’s say the maximum number of blue tea kettles you’ve ever sold in one day is 45. Of course, not all systems are created equal. Safety Stock =. units x 50 max.days) – (29 avg. – 870 avg.

How To 52

How To Inventory Reduction Supply Chain Software eCommerce 52

Stord

MAY 30, 2022

Shipping Soulmates - Matthew Hertz (Episode 1) Matthew Hertz, co-founder at Second Marathon , joins Alex to discuss the current obstacles brands face and how they can pick the right 3PL to overcome them. A “what’s next” strategy has made brands more thoughtful towards contingencies and redundancies. Of Course You Do!

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 60

Ship Monk

FEBRUARY 12, 2024

The optimal way to handle them is having a strong 3PL partnership. The best 3PLs, like ShipMonk, take care of the reverse logistics side of things, which helps limit the fallout of these situations. This is just an example of course, but it’s the perfect one to illustrate how impactful a review on a product page can be.

Inventory Reduction 59

Inventory Reduction Material Savings eCommerce Resource Reduction 59

Ship Monk

MARCH 28, 2023

For example, your shipping cost could be $5 for orders within 50 miles of your warehouse or fulfillment center , $10 within 100 miles, and so on. Rules based on any number of factors could form your 2-day shipping standards and practices, thus allowing you to create a personalized shipping strategy that works for your ecommerce business.

Cost Reduction 52

Cost Reduction Inventory Reduction eCommerce Expense Reduction 52

GlobalTranz

JUNE 16, 2015

Throughout the course of business, business owners, who may be in the manufacturing, retail, or in another industry, find themselves focusing on innovation. Obviously, most modern innovations will focus on improving supply chain processes throughout the course of business, not the ancient squeegee example.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

GlobalTranz

JULY 9, 2015

Throughout this time, 3PL transportation management providers have taken advantage of the low-costs of transportation, which further reduced the costs for businesses and manufacturers. Furthermore, you can prepare for the change by understanding what 3PLs can do to help attempt to maintain lower prices of transportation.

Price Reduction 102

Price Reduction Cost Reduction Trucking Resource Reduction 102

Talking Logistics

JANUARY 3, 2018

What also separates the leaders from the laggards is their use of online auction marketplaces, business intelligence and analytics, and lotting strategy to improve their liquidation process and effectiveness. Of course, one company’s problem is another’s opportunity. It’s one of my supply chain and logistics predictions for this year.

Production 61

Production Vendor Strategies Supply Chain Software Logistics Network Optimization Software 61

Logistics Viewpoints

MAY 27, 2021

In my Logistics Viewpoints article in April 2021, Building Profitability with Agility while Digitally Transforming the Supply Chain , I mentioned that we will continue to explore here the concrete steps in the digital journey and examples of determination from the top in addition to logistics operations. and Unnu, Kaan. [2]

eCommerce 138

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 138

Blue Grace Logistics

FEBRUARY 19, 2019

While there are a lot of buzzwords in the logistics industry, it may be surprising to some but “business strategy” is not among them. Successful companies understand that good strategy isn’t about just doing better than the “other guy” but also about not hindering themselves in the process.

Tips 48

Tips Resource Reduction Cost Reduction Expense Reduction 48

GlobalTranz

AUGUST 9, 2017

Parcels are no longer bound by weight or size dimensions, and parcels can easily entail a multi-carrier shipping strategy. This may also when negotiating a contract with a third-party logistics provider (3PL). For example, a carrier’s fuel surcharge may vary from week to the next. Surcharges.

Negotiating Skills 49

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 49

Ship Monk

JUNE 16, 2023

For example, if your ecommerce brand asks for a birthday or birth month under the guise of special annual rewards, a customer will know to expect a free gift with purchase or discount at a specific time of year, which is a great incentive/prompt to shop then. This is just one example of how a tier system can be structured.

eCommerce 52

eCommerce Purchasing Skills Procurement Solutions Purchasing 52

GlobalTranz

JUNE 21, 2018

Considering the 64 potential combinations, when applied to the course of 1000 shipments, it amounts to 64,000 opportunities for error. For example, Cerasis offers the following freight management and value-added services in conjunction with the Cerasis Rater. It is a one-stop platform that manages all existing transportation modes.

How To 48

How To Modeling Software Logistics Network Optimization Software Purchasing Skills 48

Blue Grace Logistics

OCTOBER 2, 2018

For example, pre-crisis supply chain mapping and post-crisis visibility may enable better management of resources. Although the future of disasters may be dynamic and unbounded, research, development, and rehearsal of resilience strategies can help mitigate the black swans to come,” MIT News says. Transportation Breakdown.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 48

GlobalTranz

MAY 24, 2018

For example, if a shipper-business owners that works alone expects to make $30 an hour, that rate can be used to calculate the direct handling cost. Of course, partnering with a 3PL is another effective way to ensure you and your customers get the best deal possible for parcel shipping and handling costs.

Cost Reduction 48

Cost Reduction Handling Expense Reduction Inventory Reduction 48

247 Customs Broker

APRIL 27, 2018

And that is for good reason, considering that e-commerce is the fastest-growing segment within the 3PL market. 3PL market, with the expectation that figure will rise to $20.9 As a 3PL, the question is ‘how can you do this and how can you do this for customers and provide them fulfillment services and still make money as a 3PL?’

Cost Reduction 28

Cost Reduction Purchasing Skills Material Savings Expense Reduction 28

Radius Logistics

MAY 22, 2019

Your supply chain strategy should be considered from the earliest stages of planning and product development. You’ll want to measure cost effectiveness of course, but don’t forget about efficiency and quality as well. Luckily, the experts at Radius have compiled some key elements that are sure to set your systems up for success.

Supply Chain Planning Software 37

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 37

GlobalTranz

SEPTEMBER 11, 2015

For example, a shipper should consider fuel cost forecasts when creating a budget for LTL transport. Freight spend management is not always easy, so if you do not have those resources in-house, you may want to consider outsourcing to a focused 3PL who gets proper budgeting and offers expert freight spend management. .

Material Savings 94

Material Savings Cost Reduction Freight Resource Reduction 94

GlobalTranz

NOVEMBER 9, 2016

Of course, these possibilities are not without potential problems. For example, Link-Labs identified a few issues with the use of Bluetooth tracking of products. Additional technologies embedded in delivery vans or trucks is reducing fuel waste and improving driver efficiency.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Software Supply Chains Logistics Network Optimization Software 98