Ship Monk

OCTOBER 17, 2022

3PL —a simple abbreviation for one of the most complex, integrated, helpful entities operating in the eCommerce landscape. 3PL stands for third-party logistics, and at a glance a 3PL partner provides eCommerce brands with solutions to their fulfillment needs. 3PL vs. 1PL, 2PL, 4PL, and 5PL. Enter the 3PL.

eCommerce 78

eCommerce 3PL Logistics Network Optimization Software Supply Chain Design Software 78

Ship Monk

MAY 26, 2022

Technology (the integration of robotics, automation, and sophisticated software) is a main part of that, as it drives down costs for our clients and makes operations more efficient. Paired with automated sortation processes, Locus bots , and de-stackers, this use of robotics helps warehouses operate more cohesively and efficiently.

3PL 52

3PL Cost Reduction Supply Chain Software Optimization Software 52

Blue Grace Logistics

MARCH 13, 2018

Most shippers don’t spend much time worrying about who is driving the trucks carrying their goods, but choosing a 3PL with the right carrier network makes all the difference when your business is expanding. The first step is to understand your internal requirements – consider what your specific needs are before looking for a 3PL.

Cost Reduction 48

Cost Reduction Price Reduction 3PL Strategy 48

GlobalTranz

JULY 21, 2015

How will this Impact my Business and 3PL Costs? If you operate a warehouse in Southern California -- or any of the other impacted areas -- wages, overtime and related payroll taxes will increase significantly. What can you do to mitigate 3PL Costs with the wage increases? a katz / Shutterstock.com.

Cost Reduction 94

Cost Reduction 3PL Purchasing Skills Strategy 94

Ship Monk

NOVEMBER 28, 2023

These are all qualities at the foundation of ShipMonk’s operation and strategy. ShipMonk took the ecommerce industry by storm when founder Jan Bednar first envisioned a 3PL provider that would disrupt an industry plagued by slow turnaround and inefficiencies. Contact ShipMonk for more information or to join our 3PL family!

eCommerce 64

eCommerce 3PL Groups Course 64

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. And in some cases, for smaller shippers or 3PLs, they may be constrained by pickup schedules.

Sourcing Strategies 78

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

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

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This is both limited and costly: It could involve a procurement company, which a freight broker or 3PL may actually compete with. 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. Businesses that invest in autonomous vehicles will profit from lower operating costs in addition to increased efficiency.

Sourcing Strategies 48

Sourcing Strategies Trends Inventory Reduction Logistics Network Optimization Software 48

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. . His experience includes content marketing in the IT industry and operations management for United Parcel Service.

3PL 93

3PL Logistics Network Optimization Software Outsourcing Cost Reduction 93

Logistics Business Magazine

APRIL 29, 2020

Shipping and freight professionals want to change their supply chain strategies post-Covid, according to a recent survey. Answered by over 300 Shipping and Freight Professionals across the world, the survey brought out some key indicators that will inform the future course of global supply chains. Find more details here.

Resource Reduction 41

Resource Reduction Supply Chain Design Software Survey Supply Chain Design 41

3PL Links

APRIL 23, 2024

In this regard, supply chain management’s intricate operations are becoming more and more optimized through the use of artificial intelligence (AI). You can therefore determine whether maintenance is necessary based on how well the device is operating. Naturally, this directly affects the organization’s ability to operate.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 48

FreightWaves SONAR

FEBRUARY 16, 2021

Knowing how fleets operate day in and day out will help provide a clear picture of efficiencies. 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.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This is both limited and costly: It could involve a procurement company, which a freight broker or 3PL may actually compete with. 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. This is both limited and costly: It could involve a procurement company, which a freight broker or 3PL may actually compete with. 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

Talking Logistics

FEBRUARY 27, 2019

Operational excellence, of course. Vice President of Operations at HNRY Logistics , in a recent episode of Talking Logistics. The post The Role of TMS in a Logistics Partner’s Strategy and Value Proposition appeared first on Talking Logistics with Adrian Gonzalez. What do shipper’s look for in a logistics partner?

Vendor Strategies 60

Vendor Strategies Price Reduction Logistics Network Optimization Software Modeling Software 60

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. The critical point here is the 3PL should not make money on both sides of the transaction.

3PL 54

3PL Outsourcing Sourcing Strategies Cost Reduction 54

Kanban Logistics

JANUARY 12, 2022

In this article, we’ll take a closer look at drop trailers, as well as some additional efficiency-boosting transportation services that 3PL providers can offer. This strategy mitigates two major problems in the current supply chain. This enables your operation to run quickly and eliminate down time. What is a drop trailer?

Efficiency 52

Efficiency Vendor Strategies Waste Reduction Transportation 52

Logistics Bureau

APRIL 3, 2023

But, of course, what those circumstances are is for you to decide. Many logistics service providers, for example, have invested in advanced technologies such as process automation, machine learning, and artificial intelligence, which they use, on behalf of their clients, to streamline warehouse and transportation operations and reduce errors.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

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

Ship Monk

FEBRUARY 12, 2024

Ecommerce bands, even those with amazing reverse logistics operations in place, feel the negative impact of returns. 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.

Inventory Reduction 59

Inventory Reduction Material Savings eCommerce Resource Reduction 59

3PL Links

MARCH 21, 2023

There are many risks in the supply chain because it is a complicated operation. In this kind of situation, your business may experience issues with the actual area where it operates, as well as with deliveries and product output. Of course, it is impossible to totally eliminate this kind of risk.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 62

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

GlobalTranz

JANUARY 5, 2017

All these warehouses are used for storage and distribution of finished goods, the six new warehouses are brand new and involves complex operations (full pallet in and mixed pallet out or case deliveries)while the 25 warehouses have more standard /generic operations (full pallet in and full pallet out). 3PL Answer 1.

Cost Reduction 66

Cost Reduction Price Reduction Warehousing Waste Reduction 66

GlobalTranz

AUGUST 25, 2015

Most businesses ultimately determine that this area of responsibility cannot realistically be merely subsumed under packaging, warehousing, or other operational functions. Optimizing transportation management systems requires development of a comprehensive strategy that treats the business in its entirety. Bottom Line Strategizing.

Negotiating Skills 109

Negotiating Skills Cost Reduction Optimal Sourcing Resource Reduction 109

Blue Grace Logistics

MARCH 21, 2019

Of course, no one likes to pay any more for a service than they have-to, but given the fluctuations that happen within the freight market it’s all part of the game, right? Here is where 3PLs can bridge that gap and help to even out the “revenge” style of marketing. The True Value of a 3PL. A Fairweather Friendship.

Negotiating Skills 48

Negotiating Skills Price Reduction 3PL Supply Chain Software 48

Ship Monk

APRIL 5, 2024

Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. Want to talk more about supply chain management, retail fulfillment , ecommerce operations, or shipping, storing and managing inventory ? 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

GlobalTranz

MAY 4, 2017

Now, consider that volume of data, analyzing it and leveraging it across millions of SKUs and operations in manufacturing. Outsourcing Technology to 3PLs Enables Competition in the Global Market. Another factor in the 3PL Revolution is gaining a competitive advantage in the global market.

Supply Chain Design Software 56

Supply Chain Design Software Optimization Software Supply Chain Software Outsourcing 56

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. Consider warehousing space.

eCommerce 139

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 139

Talking Logistics

APRIL 17, 2017

between supply chain operations, IT, and the executive management team), and external relationships with suppliers, customers, third-party logistics providers (3PLs) and other trading partners. Of course, you can’t talk about relationships without also talking about the importance of communication.

Supply Chain Software 92

Supply Chain Software Supply Chains Price Reduction Logistics Network Optimization Software 92

Blue Grace Logistics

JUNE 28, 2021

3PLs who use predictive analytics to execute prescriptive strategies are agile and able to cover last-minute loads under numerous bandwidth constraints. The modus operandi for shippers and third-party logistics (3PL) providers relies heavily on capacity or transportation managers to select and prioritize shipments for coverage.

Price Reduction 62

Price Reduction Negotiating Skills Cost Reduction Logistics Network Optimization Software 62

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

APRIL 4, 2018

Most shippers and supply chain executives have already experienced effects of the shortage in their business and are now seeking long-term strategies for capacity. However, if you have the capital and competency to do it, it can be a highly viable strategy. 3PL Support. Learn other benefits of 3PL’s capacity support.

Presentation 62

Presentation Capacity Trucking Cost Reduction 62

Stord

MAY 30, 2022

We launched a brand new podcast, aptly titled, “ Supply Chain Therapy ” Each episode, our host and supply chain expert, Alex Kent, interviews different thinkers and operators in the space to provide you with actionable insights to help you make savvy decisions on either the physical or technological infrastructures of your logistics.

Supply Chain Planning Software 60

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

GlobalTranz

SEPTEMBER 19, 2018

Its global nature makes conventional shipping strategies inefficient and utterly unworkable. Why Integration Is Key to Success Since those integrating e-commerce into existing brick-and-mortar operations have experience in physical spaces, such expertise can be leveraged to incorporate new e-commerce shipping strategies.

Supply Chain Planning Software 76

Supply Chain Planning Software Vendor Strategies Inventory Reduction Scenario Planning 76

Blue Grace Logistics

MAY 18, 2021

Of course, shippers still need to move their LTL freight and as a result, they tend to continue operating within the current confines of their contracts or consider moving freight to the spot market. Engage a large 3PL with broad carrier relationships. That’s why it’s critical to have the right transportation management program.

Resource Reduction 62

Resource Reduction Tips Supply Chain Design Scenario Planning 62

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