Logistics Business Magazine

FEBRUARY 23, 2024

Complexity requires having a data strategy.” Polycrisis logistics When multiple supply chain disruptive events happen concurrently how can they be tackled? The 3PL specialises in service parts logistics for automotive, industrial and tech customers, formerly being Caterpillar Logistics Services. Machine help?

Logistics Network Optimization Software 51

Logistics Network Optimization Software Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 51

Ship Monk

NOVEMBER 14, 2022

An advertising strategy and budget Financial projections Demand forecasting Growth strategy (see our guides to growth and scaling your ecommerce business). For a truly successful ecommerce business strategy, you have to dig a little deeper. Partnering with a 3PL — seriously! Slice of cake. Fruitcake. #2 Ugly sweaters?

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

Kanban Logistics

NOVEMBER 19, 2020

In this article, we’ll look at the ins and outs of pharmaceutical warehousing and tell you what you should look for in a third-party logistics (3PL) provider before entrusting your goods to its warehouse. Most 3PLs will go through a temperature mapping process several times a year and adjust cooling or heating equipment based on the results.

Supply Chain Design Software 52

Supply Chain Design Software Warehousing Supply Chain Design Supply Chains 52

3PL Links

DECEMBER 28, 2023

As the name implies, trend research looks to forecast future events mostly based on consumer behavior, which drives shifts in the needs, wants, and expectations of the market. Businesses can find trends and events that could have an impact on their sector by looking at these six categories.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

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. They got what they paid for; no mystery or misleading turn of events. Instant chat support online 2.)

Inventory Reduction 59

Inventory Reduction Material Savings eCommerce Resource Reduction 59

Logistics Viewpoints

FEBRUARY 8, 2021

Many companies still struggle to achieve segmentation strategies. A segmented strategy reflects the idea that companies should not just have one service level that applies to all customers and products. For example, lead times are critical. Some customers or products are more important and more profitable.

Supply Chain Planning Software 172

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 172

Blue Grace Logistics

NOVEMBER 24, 2020

Seasonal events such as holiday shopping, black swan weather events, geopolitical tensions, and, in the case of 2020, a global pandemic. The health care supply chain is a perfect example. Supply chain disruptions are just a part of doing business. Especially when that disruption has the ability to affect the entire world.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 62

Logistics Business Magazine

OCTOBER 12, 2023

However, it also harbours the potential to disrupt these pivotal strategies if they are not managed appropriately, writes Transporeon CEO Stephan Sieber. In fact, the lack of any meaningful evolution predates events such as the war in Ukraine, the energy crisis, and even the pandemic. So why is it being neglected?

Logistics Network Optimization Software 53

Logistics Network Optimization Software Industry Supply Chain Software Logistics 53

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

MAY 10, 2021

These disruptions are like black swan events which no one can forecast or plan for in advance. For example, according to reports , the 2011 earthquake and Tsunami in Japan had caused grave damage to infrastructure and manufacturing facilities in the country. What can you do to make your supply chain ready to weather disruptions?

Supply Chain Planning Software 62

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

Blue Grace Logistics

JUNE 17, 2020

These disruptions are like black swan events which no one can forecast or plan for in advance. For example, according to reports , the 2011 earthquake and Tsunami in Japan had caused grave damage to infrastructure and manufacturing facilities in the country. What can you do to make your supply chain ready to weather disruptions?

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 71

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

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. Carrier Competition.

Negotiating Skills 49

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 49

GlobalTranz

SEPTEMBER 9, 2015

For example, some problems may be due to poor quality of packaging, receiving incorrect information about the package, difficulties with carrier pricing and agreements, paperwork problems, and incorrect management processes. For example, smaller items may become jostled during transport and broken.

Negotiating Skills 93

Negotiating Skills Collaboration Material Savings Freight 93

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

AUGUST 6, 2015

This is a simplified example of the best practices for Return Merchandise Authorizations. For example, tracking information for merchandise tagged with radio frequency identification (RFID) chips needs to be entered into the system before the item arrives. For example, computer part A arrives due to being the wrong color.

Cost Reduction 89

Cost Reduction Expense Reduction Inventory Reduction Reverse logistics 89

GlobalTranz

OCTOBER 5, 2015

For many businesses, this means partnering with a third-party logistics service provider (3PL) such as Flash Global that has already integrated evolving technology into its holistic, comprehensive logistics services. equipment uptime. This would ensure no disruption in the production schedule, customer service or revenue stream.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 111

CLX Logistics

APRIL 27, 2016

To an international 3PL in 2016 however, supply chain visibility (SVC) is known as the capability to monitor and register movements through a transportation network. Today, companies have varied interpretations of “visibility,” largely due to evolving business demands and globalization trends. Track, Trace and Collect Data from Key Partners.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 40

Blue Grace Logistics

APRIL 9, 2019

It helps businesses mitigate financial loss arising from unforeseen events that may disrupt their supply chain. Hence, transport or cargo insurance should be an essential part of a shipper’s supply chain risk management strategy. Transporting goods from one location to another is a crucial part of the supply chain.

Supply Chain Planning Software 54

Supply Chain Planning Software Webinar Cost Reduction Sourcing Strategies 54

GlobalTranz

JULY 22, 2016

Home Depot is revamping their distribution center strategy to include a host of regional centers, and logistics providers stand to reap significant profits from increased collaboration in the marketplace. For example, a customer is less likely to make a purchase if the same item can be purchased on Amazon with free shipping.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Modeling Software Optimization Software Supply Chain Software 60

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

JUNE 3, 2021

Such an event has constrained the meat supply chain more than ever, sparking fears of massive food shortages, and it comes mere weeks after the other major cyberattack to strike the US—halting the operation of the Colonial Pipeline. Any one of these events can create a domino effect to capacity challenges and delays.

Supply Chain Planning Software 103

Supply Chain Planning Software Supply Chain Software Supply Chains Vendor Strategies 103

Ship Monk

MAY 19, 2022

Sometimes the vendor can give projections of when the item will be back in stock and shipped, for example: “Won’t Ship Until July,” “Won’t Ship for 10 Business Days,” etc. Additionally, if a 3PL company is fulfilling incomplete orders (i.e.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Logistics Network Optimization Software 52

Blue Grace Logistics

JULY 12, 2018

Compliance, for example, is becoming a big concern. Companies need the ability to change and adopt new strategies quickly, be it a capacity shortage or a bottleneck in materials. Looking back at those legacy systems, they’ve worked for a considerable amount of time, so what’s wrong with them now? Visibility is a Must .

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 48

GlobalTranz

JULY 28, 2015

Additionally, industry experts and third-party logistics shipping providers ( 3PLs ) find themselves in the difficult position of ensuring the flow of merchandise continues as LTL use grows. For example, a business may order a specific number of items, which would be too minute to warrant transport via rail or traditional truckload.

Purchasing Skills 97

Purchasing Skills Manufacturing Procurement Negotiating Skills Cost Reduction 97

GlobalTranz

MAY 21, 2015

Managers should ensure that a firm’s transportation strategy supports its competitive strategy. These events can throw off production schedules even creating idle labor or eventual lost sales. The glue is getting the materials from starting point to destination. The goal is to get this done efficiently and cost effectively.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Cost Reduction Supply Chains 100

GlobalTranz

MARCH 20, 2015

You can find GPS tracking , confirmation apps and delivery logs, but there are even more specific apps that track a number of other options, such as fuel efficiency, for example. Whenever you work with a professional transportation management 3PL , they will look after your interests, as you as a client are the lifeblood of their company.

Tips 98

Tips Freight Logistics Network Optimization Software Optimization Software 98

Trinity Logistics

JULY 22, 2021

There are a few more factors shippers should examine as they adjust their shipping strategies this produce season. For example, this year produce demand may be even higher because of states reopening and reducing restrictions at restaurants and other businesses. What exactly do we mean by that? MEASURE CARRIER PERFORMANCE.

Capacity 110

Capacity Cost Reduction Price Reduction Vendor Strategies 110

GlobalTranz

MARCH 23, 2016

The Flex CEO, and board members are corporate leaders of this competitive event. While Kaizen events and continuous improvement (CI) projects provide breakthrough results, these are often not sustained. They would use STP techniques (Support, Teach, and Promote) to provide daily improvements and momentum towards achieving the strategy.

Manufacturing Procurement 54

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 54

247 Customs Broker

MARCH 12, 2018

In all three examples, technologies that we take for granted today were, in reality, fairly slow to become part of what Jim Rice at MIT calls “the dominant design” – just another tool in the tool kit. In fairness, you could argue that it’s probably been ten years since Kiva first exhibited at one of our trade events.

Tips 28

Tips Vendor Strategies Supply Chain Planning Software Supply Chain Design Software 28

GlobalTranz

JUNE 13, 2016

Yet, contractual parties, such as third party logistics providers ( 3PLs ) are expecting increases in freight of between 2 and 3 percent from 2015. As a result, most carriers, including local and 3PL carriers, are also increasing the size of their fleets. Expansion of the Panama Canal Will Increase Incoming Ocean Freight.

Capacity 49

Capacity Cost Reduction Price Reduction Waste Reduction 49

GlobalTranz

NOVEMBER 25, 2015

In the United States for example, Thanksgiving brings the logistics industry to a screeching halt on Thursday and Friday. Consumers are READY TO BUY This Holiday Season, Lean on a 3PL to Not get Mired in the Muck. If not already outsourcing to a logistics provider , we recommend finding a 3PL that coordinates shipments nationwide.

Price Reduction 51

Price Reduction Resource Reduction Vendor Strategies Waste Reduction 51

The Logistics Academy

JULY 19, 2016

3PLs are in the perfect position to help manufacturers and retailers overcome these hurdles, but a number of factors are critical to their success. It is obvious that 3PL locations should be situated in close proximity to their customer’s businesses markets, in order to achieve the efficiency required in the omni-channel world.

3PL 40

3PL Supply Chain Planning Software Sourcing Strategies Supply Chain Software 40

Ship Monk

AUGUST 28, 2023

Let’s take a look at the different types of ecommerce business models out there, with some examples of each. Since we’re a 3PL fulfillment company that helps ecommerce businesses pack and deliver products to their customers, we’re going to focus mainly on product-based business models, rather than service-based models.

Modeling Software 52

Modeling Software eCommerce Modeling Manufacturing Procurement 52

Logistics Viewpoints

JUNE 22, 2021

Such an event has constrained the meat supply chain more than ever, sparking fears of massive food shortages, and it comes mere weeks after the other major cyberattack to strike the US—halting the operation of the Colonial Pipeline. As a 3PL, our most important goal as a company is defending the flow of goods and keeping the economy moving.

Supply Chain Planning Software 169

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 169

Logistics Viewpoints

APRIL 15, 2021

At our Blue Yonder ICON event later in April this year and 3PL Execution Forum in June, 3PL and 4PL companies will explain how they are leveraging innovations as an advantage. An example is carrier network services for executing a cohesive set of first-, middle- and last-mile operations and optimizing common carriers and fleets.

Supply Chain Planning Software 149

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 149

Ship Monk

FEBRUARY 9, 2024

Look for a tech-first 3PL that understands the importance of real-time transparency and easily accessible data that gives you the big picture as well as the granular details. For example, if you’re introducing a new product and there are no similar products to draw historical data from, qualitative research is a must to reduce risk.

eCommerce 84

eCommerce Inventory Reduction Operations Modeling Software 84