Supply Chain Game Changer

NOVEMBER 28, 2019

Third-party logistics (or 3PL) providers, are standing on the brink of breakout growth. The shipper ecosystem is burgeoning with more delivery orders, more inventory to be managed, more deliveries and more services than ever before. The global 3PL market, valued at $728.6B 3PLs and Logistics Operations – What’s Changed?

Logistics Network Optimization Software 83

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Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. What’s the difference?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

GlobalTranz

SEPTEMBER 23, 2021

The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing.

Prescriptive Analytics Software 308

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GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. Many logistics service providers will provide their customers with an SLA.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

ShipBob

JANUARY 15, 2024

If you don’t have enough inventory on hand you risk selling out. Too much, and you’ll be stuck with an inventory glut. An inventory glut occurs when a company has surplus inventory and the stock of products far exceeds its demand. What is inventory glut? Inventory glut affects businesses both large and small.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Logistics Viewpoints

OCTOBER 19, 2023

The issue wasn’t poor planning – they had the inventory. When the 3PL driver delivered it a few months later he noticed it was damaged and submitted a request for a replacement. Multiple calls only muddied the waters, but a few things became clear: inventory was in the warehouse, but my order for it was stuck.

Supply Chain Planning Software 225

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GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

ShipBob

NOVEMBER 29, 2023

And two days ago a few units were reported stolen. These physically unaccounted-for units of inventory called ghost inventory, or phantom inventory , are a more common challenge faced by retailers than you think. Often, the items accounted for in the asset register do not reconcile with what is in the inventory.

Purchasing Skills 52

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The Logistics of Logistics

OCTOBER 8, 2012

When you have chosen a 3PL partner, insure that you have an effective Service Level Agreement (SLA) with accompanying Key Performance Indicators (KPIs) to manage the Service Level of the 3PL. This SLA/KPI has to be negotiated and agreed upon by you and your 3PL partner.This negotiation time can take three (3) to Six (6) months.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

ShipBob

JANUARY 23, 2023

Learn More About Last-Mile View Final Mile Carriers How 3PLs Help With Ecommerce Logistics Get a Fulfillment Quote from ShipBob Last-mile logistics has always been a hot topic in the world of fulfillment. This year over 20% of purchases are expected to take place online , compared to 17.8% billion between 2023-2027.

3PL 98

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GlobalTranz

AUGUST 18, 2015

With an ever-increasing pool of third-party logistics (3PL) providers to outsource shipping needs to, understanding how to select the best 3PL is the difference between reaching your existing customers and gaining a new market share. Fortunately, selecting a 3PL for 2015 and beyond can be broken down into six specific questions.

Logistics Network Optimization Software 120

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ShipBob

DECEMBER 20, 2021

Think about your most recent purchase. Regardless of what it was (new tube of toothpaste, dog treats for your pup, or a new filter for your water purification system), logistics is the system behind getting it into your hands. Inventory management. Inventory management. What is a logistics startup? Demand planning.

Logistics Network Optimization Software 97

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ShipBob

SEPTEMBER 29, 2021

These are all forms of retail logistics. From managing inventory flow to ensuring that customers receive shipments on time, retail logistics streamlines the different stages of your ecommerce supply chain to keep your business running smoothly. What are retail logistics? COVID’s impact on retail logistics.

Optimal Sourcing 52

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Vinculum

AUGUST 15, 2021

You can buy land and develop your warehouse, or purchase the right warehouse management for your business. Inbound and outbound logistics may be one of the most complex functions in a functional business environment. Gain insights into warehouse management with 3PL in this blog. 5 advantages of Warehouse management with a 3PL.

Supply Chain Design Software 52

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ShipBob

MARCH 30, 2020

As the ecommerce industry grows, the logistics of getting orders to customers has become more complicated — especially with the novel coronavirus impacting entire supply chains. But the ecommerce logistics infrastructure needed to meet consumers’ demands is not easy to achieve by yourself. What is ecommerce logistics?

Logistics Network Optimization Software 90

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Unleashed

MARCH 31, 2021

However, when people refer to supply chains, they often use the terms ‘supply chain’ and ‘logistics’ interchangeably. The difference between supply chain and logistics. What is logistics? Logistics is a subset of the wider supply chain that controls the movement and storage of goods between nodes in the wider network.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. A Focus on Inventory Control Begets Warehouse Cost Reductions. Too many variations?

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

ShipBob

OCTOBER 16, 2023

How to calculate reorder points ShipBob keeps reorder points simple Reorder point formula FAQs Maintaining proper inventory levels is an elegant dance that must balance consumer demand and supplier reliability. Implementing reorder points allows you to trigger a new order so you don’t get close to running out of inventory.

Forecasting Software 98

Forecasting Software Inventory Management Software Demand Planning Software Supply Chain Planning Software 98

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit. Listen to your people.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

Supply Chain Shaman

DECEMBER 23, 2014

Get Good at Having a Real-time Perpetual Inventory Signal. Foundational for ecommerce is a real-time perpetual inventory (PI) signal. If you are going to be excellent at ecommerce fulfillment, you need to have great perpetual inventory capabilities. No matter where inventory is, put it to work. Don’t fool yourself.

Packaging 291

Packaging Inventory Reduction Supply Chain Design Software San Francisco 291

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. In this guide, we break down the WooCommerce order fulfilment process and how it works, with actionable tips for optimising your fulfilment strategy to bring costs down and boost productivity.

Inventory Management Software 52

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EazyStock

FEBRUARY 11, 2021

Better Inventory Management for eCommerce. As more and more businesses sell online, they are starting to see the impact that eCommerce has on their inventory management operations. In this post we discuss how eCommerce is affecting inventory management strategies. eCommerce impacts inventory management in many ways.

Inventory Management Software 52

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Locus

OCTOBER 5, 2021

Today, businesses are at the cusp of new changes in the supply chain that includes evolving customer expectations, omnichannel purchasing, and the shipping of unpredictable volumes. With the supply chains of all businesses going through a transformational shift, it is important for them to make tough decisions concerning logistics models.

Modeling 52

Modeling Modeling Software Optimization Modeling Logistics Network Optimization Software 52

Turvo

NOVEMBER 23, 2021

Consumers or business owners create a purchase order. But when it comes to small and medium-sized businesses, they don’t really handle inventory on the same scale as the big players. Utilizing supply chain management tools or 3PL partnerships gives a first-mover advantage to large companies.

Supply Chain Software 86

Supply Chain Software Predictive Analytics Software Analytics Software Optimization Software 86

GlobalTranz

JULY 22, 2016

Logistics technologies are changing how modern retailers operate. 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. What’s Driving Investments in Logistics Technology in E-Commerce?

Logistics Network Optimization Software 120

Logistics Network Optimization Software Modeling Software Analytics Software Optimization Software 120

ShipBob

JULY 28, 2021

Want to know the secret to creating a memorable post-purchase experience? How to Choose a 3PL for Your Ecommerce Business. It’s important to note that order fulfillment and inventory management both play a key role in delivery as it can either speed up or slow down the process. Fast, reliable, and consistent delivery.

Optimal Sourcing 98

Optimal Sourcing Optimization Software Inventory Management Software Supply Chain Planning Software 98

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. 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.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

GlobalTranz

MAY 20, 2015

Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

BR Williams Supply Chain Management

OCTOBER 6, 2022

BR Williams began their trucking division as a logistics company service provider in 1958 and expanded into warehousing/distribution in 1992. including Mobile AL , Piedmont, AL , Tallahassee, FL , Eastaboga, AL , and two facilities in Anniston, AL that provide a variety of customers with quality logistics services. A day in the life.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Logistics Supply Chain Design Software Supply Chain Software 52

ShipBob

SEPTEMBER 20, 2021

The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. In this post, we take a look at how you can improve your end-to-end supply chain operations and create a seamless workflow to enhance visibility and reduce operational costs.

Optimal Sourcing 52

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Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Naturally, the costs of meeting such expectations, especially on the delivery front are also increasing.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

20Cube Logistics

JANUARY 16, 2022

It’s odd to imagine that only three years ago most people made purchases in store. As e-commerce sales soar, there is more responsibility for logistics and supply chains. Consumers want a seamless returns experience, which demands for smarter reverse logistics processes. Between 15%-40% of e-commerce purchases are returned.

Modeling 54

Modeling Demand Planning Software Supply and Demand Logistics Network Optimization Software 54

Ware2Go

OCTOBER 22, 2021

Learn how to mitigate and avoid dead stock through strategic warehousing and inventory management to lower fixed costs, combat supply chain disruptions, and overcome current peak season challenges. Excess inventory is often caused by supply exceeding demand, resulting in slow-moving inventory that can incur expensive holding costs.

Inventory Reduction 98

Inventory Reduction Negotiating Skills Cost Reduction Strategies Inventory Management Software 98

Talking Logistics

DECEMBER 16, 2015

Well, my big audacious prediction for 2015 did not come true. Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. Making supply chain and logistics predictions is like throwing darts at a moving target. What will happen in 2016? Of course, what happens in the U.S.

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. But cost-saving isn’t the only benefit of an optimised fulfilment process. When these processes are aligned, customer satisfaction improves.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Talking Logistics

APRIL 25, 2019

With more and more brands looking to develop their e-commerce capabilities, their needs for moving and handling inventory are shifting as well. As direct-to-consumer orders continue to increase, this trend in purchasing behavior is also driving the push for agility in MHE.

Material Savings 102

Material Savings Modeling Software Supply Chain Planning Software Analytics Software 102

Logistics Viewpoints

OCTOBER 20, 2021

The news is reporting that supply chains are going to be disrupted this holiday season, so more and more consumers are starting early. These retailers are making sure that consumers know what inventory is available so they can shop to match their needs rather than buying something that is simply available. Cross-Border Sales.

Supply Chain Network Software 191

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