article thumbnail

Why Are Companies Turning to LSPs? Technology Leadership

BlueYonder

Increasingly, they’re turning their warehousing and transportation activities over to logistics services providers (LSPs) to optimize these activities and generate a fast return on their logistics investments. The global market for third-party logistics (3PL) is projected to increase from $974.6

article thumbnail

Top 5 Logistics Challenges and Solutions for the Manufacturing Industry

GlobalTranz

With demand forecasting becoming more difficult since the start of the pandemic and many businesses left with a shortage of products, many companies are starting to move from just-in-time to just-in-case inventory management. million jobs could be left unfilled by 2030 due to the manufacturing skills gap. According to U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Workforce Productivity for Third Party Logistics and Wholesale Distribution Can’t Just be an Operational Issue Any Longer – Part 1 of 3

BlueYonder

New practices have been proven by leading distribution and logistics providers that can reduce payroll costs by at least 5 percent, while increasing productivity and improving employee retention (source: JDA Value Engineering). There’s a fierce competition for available skills around the world, yet a big workforce shortage.

article thumbnail

Why Workforce Productivity for Third Party Logistics and Wholesale Distribution Can’t Just be an Operational Issue Any Longer – Part 1 of 3

BlueYonder

New practices have been proven by leading distribution and logistics providers that can reduce payroll costs by at least 5 percent, while increasing productivity and improving employee retention (source: JDA Value Engineering). There’s a fierce competition for available skills around the world, yet a big workforce shortage.

article thumbnail

Bringing Order to Chaos: Last-Mile Delivery Costs and How to Reduce Them

Locus

The question then is: how can companies maneuver this intricate, costly maze successfully? The trend for quicker deliveries and specific delivery time slots increases the risk of failed or delayed deliveries, leading to high refund costs for e-commerce companies. It is no secret that customer expectations are really high these days.

article thumbnail

Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

Demand for last-mile delivery is soaring and is expected to grow by 78% globally by 2030.- As the majority of customers want fast and free shipping, companies are finding it difficult to plan the most expensive and time-consuming part of the delivery process. More Focus on Last-Mile Delivery.

article thumbnail

5 Disruptions Shaping the Digital Transformation in Distribution and Logistics

BlueYonder

Manufacturing and retail transformations, technology disruptions and digitalization of data have redefined the roles of distributors and third party logistics (3PLs). The future of logistics isn’t just about next day/same day delivery, it’s about personalization, options and on-demand. Global Workforce Crisis.