Tue.Nov 08, 2022

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Benefits of Outsourcing Logistics | Advantages of 3PL Services

3PL Links

Benefits of Outsourcing Logistics | Advantages of 3PL Services | Image Source: istockphoto.com. What is logistics outsourcing? Utilizing one or more logistics service providers to handle all of your logistics needs, from inventory management through order preparation and delivery, is known as outsourcing logistics. This directly and broadly translates to the organization having more warehouses and fewer personnel, which a fortiori means that your transport and logistics plan will be optimized.

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4 Keys for Unlocking a Successful Logistics Partnership

Talking Logistics

Logistics remains fragmented and broken, and nearly every participant in the ecosystem is struggling. Cross-border freight with Mexico is a $70.3 billion market, but ongoing strains from shipping delays, looming driver shortages, and fluctuating consumer prices have exposed the fragility of our global supply chains – making the need for industry-wide transformation more urgent than.

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2022 Trade Update: Who’s on first?

Logistics Management

Here are a few highlights of the key regulatory changes that took place over the course of 2022 that made an impact on U.S. imports and exports. Our trade compliance specialist sets out to help supply chain and logistics organizations manage each new twist and turn in the ever-changing field of compliance.

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Transforming the Supply Chain Industry With Gender Diversity

Supply Chain Brain

Overcoming significant gender gaps in the supply chain industry will be critical for business success and more agile supply chains.

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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National diesel average rises for fourth time in last five weeks, reports EIA

Logistics Management

Rising 1.6 cents, the national average, for the week of November 7, came in at $5.333 per gallon. This followed a 2.4-cent decline, to $5.317, for the week ending October 31, a 0.002-cent increase, to $5.341, for the week of October 24 and an 11.5-cent increase, to $5.339, for the week of October 17.

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Preliminary October Class 8 orders are solid coming off of record September levels

Logistics Management

FTR reported that preliminary October North American Class 8 net orders—at 42,300 units—were below September’s preliminary record-high tally of 56,500. ACT reported that October preliminary North American Class 8 orders came in at 42,500 units, below September’s 53,700 units, which was also a new monthly high.

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Watch: How Robots Keep Today's Warehouses Running

Supply Chain Brain

Automation is no longer a competitive advantage but a competitive imperative, if warehouse operators and distributors are to succeed, says Al Dekin, chief revenue officer and founder of Locus Robotics.

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Werner announces its acquisition of ReedTMS Logistics

Logistics Management

Omaha, Neb.-based Werner Enterprises, a global freight transportation and logistics services provider and the nation’s seventh-largest truckload carrier, said this week it has acquired Tampa, Fla.-based Reed Transport Services Inc. and RTS-TMS Inc., through the signing of a definitive agreement and closing on the acquisition of 100% of Reed’s stock.

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Navigating Supply Chain Turmoil with Cutting-Edge Planning

Supply Chain Brain

Connecting planning activities increase agility for faster decisions and far-greater resilience than traditional approaches. .

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Artificial Intelligence and the Transportation Industry

Artificial intelligence has quickly become a feature of everyday life: Using face ID to unlock a phone, communicating with online chatbots, and letting “smart” appliances help manage our homes are just a few of the ways that we interact with AI regularly. Forward-looking businesses are also using AI to transform their operations and gain a competitive edge.

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Digital Freight Matching Roundtable: Sky’s the limit

Logistics Management

As the need to secure capacity quickly and efficiently grows, DFM continues to build market share and investor interest—and put increased pressure on traditional brokers.

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Save Money with These Holiday Shipping Tips for Small Businesses

Freightquote

Get ahead of your competition with smart shipping tips that can help small businesses plan for success and avoid costly mistakes during the busiest time of year.

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Maximizing Warehouse Space

3PL Insights

In a time where warehouses are at capacity, it’s wise to review your space utilization. This allows warehouses to make the most of their space and bring on more customers. “Warehouse customers create a revolving door of products coming in and out,” says Rich Huziak, Sr. Operations Manager at Evans. “This is especially true when you’re taking on new customers.

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Open Supply Hub Promotes Supply Chain Data Sharing

Supply Chain Brain

Open Supply Hub, a nonprofit formerly known as the Open Apparel Registry, has debuted as a supply chain mapping data platform for multiple industries. .

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Types of Ecommerce Inventory from Beginning to Ending

Ship Monk

“Inventory” is a tricky word because it means different things to different people. If you are an inventory manager, inventory is the number of units you have on hand at any given time. If you are an accountant, inventory is an asset on a balance sheet tracked by its monetary value. To complicate things further, there are several different types of inventory, and the ones you need to count (or value) depend on who you are and the type of business you run.

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Overproduction, Waste Account for $163 Billion in Annual Inventory Losses

Supply Chain Brain

Nearly 8% of stock perishes or is discarded and, in fact, 4.3% of stock spoils in the supply chain before it even reaches the shelf.

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You and Your Supply Chain Career

Logistics Bureau

Thinking of a career in Supply Chain? Are you suited to it? Watch this episode: ?. Related articles on this topic have appeared throughout our website, check them out: 7 Key Supply Chain Leaders’ Skills and Why You Need Them. Jobs and Career Paths in Supply Chain and Logistics. How to Secure Your First Supply Chain or Logistics Job.

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Ecommerce Logistics: How a TMS Enables Black Friday & Cyber Monday Execution

MercuryGate

Peak season brings ecommerce logistics challenges of food shipping and transportation for an endless array of holiday gifts. Yet, one of the most challenging aspects is Black Friday and Cyber Monday, which now extend beyond these two days. Both shippers and carriers need to plan ahead for Black Friday processes, including what to do now and what kind of work to expect after fulfillment for all the Black Friday sales.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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Modernizing EDI: The Bottom Line Impact for 3PL’s and Logistics

Supply Chain Brain

EDI is the plumbing of today’s supply chain. EDI is used by 3PLs and Logistics providers to send and receive orders, load tenders, acknowledgements, location updates and other business transactions.

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Helthjem automates new parcel terminal

Logistics Business Magazine

BEUMER Group , a leading global supplier of automated material handling systems, has been awarded a contract by Helthjem, a relative newcomer to the Norwegian express parcel delivery business. This is the first time Helthjem introduces automated sortation which has happened in a close partnership with BEUMER to select the right automated technologies and system for Helthjem’s business.

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Global Inflation May be Close to its Peak, IMF Director Says

Supply Chain Brain

However, the head of the Washington-based fund warned that a fragmentation in global manufacturing supply chains could make it harder to push measured inflation rates back down.

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HHLA Sky receives cybersecurity certification for drones

Logistics Business Magazine

HHLA Sky ‘s drone system has been certified by the German technical inspection agency TÜV in accordance with the IEC 62443 cybersecurity industry standard. The entire system was tested, including communication between the drones and the Integrated Control Center. The Integrated Control Center is a scalable IoT platform that enables the active, intelligent and simultaneous monitoring and management of more than 100 automated drones, autonomous mobile robots (AMR) and their tasks.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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Fraudulent Returns: How to Protect Your Small Business

GoShip Blog

Returns are inevitable in e-commerce. Although research proves that a lenient return policy can positively impact buying decisions, it also opens up a business to return fraud. This article discusses how small businesses can protect themselves against fraudulent returns without pushing away honest customers. The Rising Risks of Return Fraud. The rise in e-commerce following the pandemic led to a dramatic increase in return purchases.

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Evans Distribution Systems Welcomes New Warehouse Operations Manager

3PL Insights

MELVINDALE, Mich., November 8, 2022 — Evans Distribution Systems , a full-service third-party logistics provider for warehousing, transportation, fulfillment, value-added, and staffing solutions, welcomes Scott Vanderpool as its newest Warehouse Operations Manager. In his role, Vanderpool will oversee operations for the customer accounts at the Mt. Elliott facility in Detroit.

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How to Increase Job Fill Rates on the Trux Marketplace

Trux

Dump trucks are a vital part of almost any construction project, but nothing grinds operations to a halt like not having enough trucks to get the job done. That's where the Trux Marketplace comes in.

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Union vs. Union Dispute Stalls West Coast Port Labor Talks

Supply Chain Brain

Shipping industry officials are hoping now that midterm elections are over, Labor Secretary Marty Walsh might become more involved.

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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Alaska Service Announcement: Midnight Sun

Odyssey Logistics

Valued Customers, Please view the latest announcement from TOTE: Midnight Sun is currently due for arrival in Anchorage Tuesday. Therefore, work start will be at 1900 in Anchorage on Tuesday, November 8th. Please see below for Anchorage Terminal hours. Anchorage Terminal Tuesday, November 8th Closed 5:00PM TO 7:00PM Open 7:00PM TO 11:30PM If you have any questions, Continue Reading.

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Warehouse Operations Have Gotten More Complex Than Ever. How Technology Enables Operational Agility

Supply Chain Brain

Global supply chain disruption is the new reality now. Having the agility to anticipate change and adapting to it swiftly is the key for business success.

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Alaska Service Announcement: Matson MAC217N – Arrival Delay

Odyssey Logistics

Valued Customers, Please view the latest announcement from Matson: MAC217N is delayed on its northbound voyage to Anchorage due to inclement weather. We plan to start at 1900 on Tuesday, Nov 8th with cargo availability beginning at 2030. The Gate will remain open through dinner. We will update if changes occur. If you have any. Continue Reading. The post Alaska Service Announcement: Matson MAC217N – Arrival Delay appeared first on Odyssey Logistics & Technology.