Ship Monk

OCTOBER 13, 2021

Whatever your sitch may be, you likely have a checklist of the ideal 3PL. For example, let’s say you’re an apparel store with a diverse catalog. With the right 3PL by your side, you should be able to confidently drop off your products so that they can be picked, packed, and delivered to your exact specifications ! #3.

3PL 77

3PL Inventory Reduction Resource Reduction Inventory 77

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 80

eCommerce 3PL Logistics Network Optimization Software Supply Chain Design Software 80

Ship Monk

AUGUST 22, 2022

They provide full product info to any retailer, catalog, 3PL fulfillment center, warehouse , and so on that deal with inventory. SKUs provide sellers and the 3PL fulfillment centers that they work with invaluable data about sales and inventory management. We only used four product examples to show four SKUs in the chart above.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. Read Also: 5 Ways to Ace Last-mile Reverse Logistics What are the Order fulfillment strategies, and which is right for your business? So there is no fixed rule for selecting the order fulfillment strategy. Let’s fill in!

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

Kanban Logistics

AUGUST 13, 2020

See, there’s a big difference between handling inbound logistics yourself and outsourcing it to a trusted North Carolina third-party logistics (3PL) provider that knows the manufacturing industry. 3PL inbound logistics services. Third-party procurement services from a 3PL can help. But there may be more to it than you realize.

Manufacturing Procurement 98

Manufacturing Procurement Inbound 3PL Material Savings 98

Ship Monk

MARCH 14, 2024

What if we told you that the right strategy can not only make global order fulfillment affordable, it can also take most of the stress out of it? What does that strategy entail? Here are some of the main considerations that should go into formulating your strategy. At least it has been up until now. Where will you store it?

eCommerce 87

eCommerce Inventory Reduction Cost Reduction Expense Reduction 87

3PL Links

SEPTEMBER 8, 2023

Unlocking Customer Satisfaction: Is Your Fulfilment Strategy Aligned with Expectations? Labor, inventory accuracy, and split shipping are a few examples. Unlocking Customer Satisfaction: Is Your Fulfilment Strategy Aligned with Expectations?

Inventory Reduction 48

Inventory Reduction Sourcing Strategies Cost Reduction Expense Reduction 48

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

Talking Logistics

JULY 5, 2018

Develop a comprehensive truckload strategy so you’re prepared to handle just about anything. Building the right truckload strategy for your business. The key to a great truckload strategy is aligning capacity communities with attribute segments of your freight portfolio. Select the perfect 3PL to augment your truckload strategy.

Price Reduction 60

Price Reduction Expense Reduction Waste Reduction Cost Reduction 60

3PL Insights

JANUARY 17, 2023

With the rise of ecommerce and the need for faster, more transparent delivery processes, 3PL providers that invest in real-time tracking and visibility technologies will be able to provide better service and improve the customer experience. Also, the new technologies will enable 3PL providers to handle more orders. Nearshoring.

Material Savings 88

Material Savings Trends Cost Reduction Logistics Network Optimization Software 88

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

GlobalTranz

SEPTEMBER 16, 2016

In this blog, they discuss everything you need to know about a 3PL business. What is 3PL? There are several definitions of 3PL. Third party logistics (3PL) is a company that provides an all-encompassing service to its customers of outsourced logistics services for a part or all of their supply chain management functions.

3PL 101

3PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software 101

Trinity Logistics

JUNE 23, 2023

 One example is helping you with your routing decisions by matching your freight with the best carriers, lanes, rates, and transit service. It THINK ABOUT ONSHORING Onshoring is a strategy that HVAC contractors and plumbers can use to mitigate supply chain woes and improve competitiveness. Onshoring

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Software Material Savings Supply Chains 94

Kanban Logistics

SEPTEMBER 24, 2020

When it comes to warehousing, many companies eventually outgrow the “do it yourself” model and choose to hand the reins over to a third-party logistics (3PL) professional. What’s important to understand, however, is that many 3PLs are capable of a wide array of warehouse services in addition to the basics. The dedicated 3PL model.

3PL 52

3PL Manufacturing Procurement Logistics Network Optimization Software Material Savings 52

Shipchain

APRIL 25, 2019

Shippers have traditionally turned to third-party logistics providers (3PL) to augment their logistics strategies. The role of the 3PL and successful supply chain management is expanding, and as a result, demand for the latest technology by 3PLs has risen.

Modeling Software 73

Modeling Software Optimization Software Logistics Network Optimization Software Supply Chain Software 73

GlobalTranz

OCTOBER 23, 2015

We continue our series on understanding the 3PL KPIs (Key performance indicators) from 3PL consultant, Chuck Intrieri of The Lean Supply Chain as it relates to the engagement with a 3PL. 7 Strategic Performance Business Practices to Provide the Ability to Manage 3PL KPIs. There must be some of the 3PL KPIs for I.T.

3PL 99

3PL Supply Chain Planning Software Resource Reduction Supply Chain Design Software 99

3PL Links

SEPTEMBER 11, 2020

That’s where a Third Party Logistics (3PL) partner that integrates closely with your organization can be a game-changer. Case in point – 3PL Links focuses on building close personal relationships with its customers. 5 ways a 3PL partner can help you transform your supply chain: 1. That’s where a 3PL can help.

Supply Chain Software 48

Supply Chain Software Inventory Reduction Waste Reduction 3PL 48

Trinity Logistics

JUNE 23, 2023

 One example is helping you with your routing decisions by matching your freight with the best carriers, lanes, rates, and transit service. It THINK ABOUT ONSHORING Onshoring is a strategy that HVAC contractors and plumbers can use to mitigate supply chain woes and improve competitiveness. Onshoring

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Material Savings Supply Chains 62

GlobalTranz

AUGUST 18, 2021

The right 3PL provider partnership will be transparent about their carrier vetting and qualification process. That includes helping shippers manage the final mile procurement process and even offering in-house services that are available within the 3PL. Always Turn to the Data to See Expectations for ROI and Value.

Logistics Network Optimization Software 123

Logistics Network Optimization Software Optimal Sourcing Optimization Software Modeling Software 123

Kanban Logistics

NOVEMBER 30, 2022

When evaluating the 3PL provider in charge of your pharmaceutical distribution warehouse, safety is the name of the game. In this article, we’ve listed several specific questions that you should ask your current or prospective 3PL provider to make sure that your pharmaceutical products are in good hands. tires or coffee).

Distribution 98

Distribution Inventory Reduction 3PL Supply Chain Design Software 98

Ship Monk

FEBRUARY 27, 2024

ShipMonk CEO Josh McCarter highlights how our 3PL “is deeply focused on driving value to our clients and being a true partner, not just a vendor. That facility joined our extended global network in 2021, and was one part of an ongoing strategy to expand our reach worldwide so our clients have the fastest, most affordable shipping possible.

Vendor Strategies 86

Vendor Strategies eCommerce Cost Reduction 3PL 86

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

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. .

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. 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

Ship Monk

SEPTEMBER 6, 2023

For example, if your omnichannel ecommerce business processed 5,000 orders last month for a total of $300,000, the average order value for the month was $60. The metric gives you important insights into customer behavior, which you can use to optimize merchandising, pricing, and marketing strategies.

Inventory Reduction 52

Inventory Reduction Cost Reduction Expense Reduction Price Reduction 52

GlobalTranz

SEPTEMBER 9, 2016

However, when you decide to take the jump to outsourcing, you will have to choose between an asset-based and non-asset-based third-party logistics provider (3PL). Both types of 3PLs have advantages and disadvantages. But, a non-asset-based 3PL provider may offer much more than you realize, including these seven key benefits.

3PL 54

3PL Resource Reduction Cost Reduction Optimization Software 54

3PL Links

FEBRUARY 19, 2024

Supply Chain Challenges: Extreme weather-related interruptions and port bottlenecks are two examples of supply chain difficulties that have brought attention to the need for more resilience and diversification in sourcing strategies. Contact us to learn more about all that we offer.

Sourcing Strategies 48

Sourcing Strategies Trends Inventory Reduction Logistics Network Optimization Software 48

GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. This strategy requires greater investment and inventory carrying costs but enables continued production.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Ship Monk

AUGUST 21, 2023

Our leadership team has successfully been providing best-in-class 3PL fulfillment services to ecommerce brands of all sizes across all verticals for years. From technology , to integrations , to customer service , we’re not short on elements that make us the ecommerce industry’s preferred 3PL fulfillment services provider.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Modeling Software eCommerce Resource Reduction 52

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

3PL Links

OCTOBER 30, 2023

As an example, consider the utilization of micro-fulfillment facilities. The usage of the micro-fulfillment center also allows for a more assertive and efficient implementation of the omnichannel strategy, allowing for consumer benefits such as same-day delivery. How to implement a micro-fulfillment center?

Optimal Sourcing 48

Optimal Sourcing Cost Reduction Sourcing Strategies Supply Chain Software 48

Ship Monk

JULY 5, 2023

If you’re an ecommerce brand, being outmatched by competitors is the last thing you want, which is why the most successful brands across verticals bring in reliable 3PL partners to carry out order fulfillment. Luckily, the fear behind this myth doesn’t apply if you pick the right 3PL partner.

Outsourcing 52

Outsourcing eCommerce 3PL Expense Reduction 52

GlobalTranz

APRIL 5, 2016

Although 3PL Logistics Companies or 3PLs were around before the recession, companies realized the short-term savings of outsourcing logistics, transportation, and freight management to 3PLs quickly, and the age of the rise of the logistics provider was born. Client Needs of 3PL Logistics Companies.

Negotiating Skills 55

Negotiating Skills Logistics Network Optimization Software 3PL Purchasing Skills 55

CLX Logistics

MAY 3, 2024

A resilient and agile supply chain strategy is not just a prudent choice—it’s a necessity, especially within the context of chemical supply chains. Challenges in Supply Chain Strategy Planning Designing a resilient and agile supply chain organization is not without its challenges.

Material Savings 52

Material Savings Resource Reduction Cost Reduction Sourcing Strategies 52

GlobalTranz

MARCH 23, 2017

For example, an act of terrorism may not necessarily qualify shipments for an exclusion. For example, today’s expensive products may cost more than the Carmack Amendment allows within its limits of liability. How Does It Affect 3PLs, and Why Is It a Good Idea to Partner With a 3PL For Managing Freight Liability?

3PL 49

3PL Freight Negotiating Skills Purchasing Skills 49

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

Ship Monk

DECEMBER 12, 2023

Strategy and precision around the holidays are as important to ecommerce store owners as lights and ornaments are to the pivotal pine tree. Is your 3PL providing an extensive, secure network of shipping options? Think ecommerce stores that specialize in clothes, toys, and books for example. A HUGE part of that is shipping.

Procurement Solutions 64

Procurement Solutions eCommerce Purchasing Skills Cost Reduction 64