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[e-Book] The Essential Guide to Third Party Logistics: What is a 3PL, Considerations for Hiring, & How to Select & Implement a 3PL

GlobalTranz

The following definition is one of the most simplistic of all we've found, from TechTarget : A 3PL (third-party logistics) is a provider of outsourced logistics services. After you've made considerations, you then have to make a selection of working with one or perhaps several 3PLs.

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Inventory Optimisation: How Much Stock is Right for Your Company?

Logistics Bureau

After years of focus on just-in-time shipping and inventory minimization, few companies were ready for the chaos that COVID-19 wrought on their supply chains. You can’t rely on it entirely, because it doesn’t account for seasonality , or other peak and quiet periods during your company’s year of sales. inventory turnover days.

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What Are White Glove Services in Transportation Management?

GlobalTranz

By definition, white glove services refer to the handling of care used when moving products in which the movers or shippers literally wear white gloves to protect the product. It’s Service Before, During and After Delivery. It takes the service after the cell concept to a whole new level. What’s Next?

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What is Reverse Logistics?

GlobalTranz

Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics.”. For example, the reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business. Of course, customers may opt to complete a return in-person.

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[INFOGRAPHIC] Supply Chain Mobility & How it is Creating More Efficient Manufacturing Productivity

GlobalTranz

Each of these definitions applies to a manufacturer’s ability to produce a surplus of a product. Imagine if the typical definitions of productive were applied to manufacturing. Preliminary analysis of smartphone sales in the US indicate more than 120 million smartphones will be purchased, sold, or traded in 2016.

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How to Predict if the New Business Idea is Any Good

GlobalTranz

You would probably want to start your business right after graduation when you have all the necessary information about management, marketing, and finance. Now this type of method can cost you a bit, but the results are definitely worth it.

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The 5 Steps Towards Digital Supply Chain Management

GlobalTranz

In its definition, a real or true digital supply chain management goes beyond the conventional hybrid system and makes use of connectivity, system integration and the information-producing capabilities of its key components. After the digital supply chain management system has been formulated.