BlueYonder

JULY 25, 2017

Over the past 30 years, the 3PL industry has gone through tremendous transformation. The shifts in manufacturing and retail business models, enhanced delivery models, such as last mile and click and collect, along with the innovative advances in technologies, have created significant opportunities for 3PL companies.

Third Party Logistics 40

Third Party Logistics Modeling Modeling Software 3PL 40

GlobalTranz

MAY 26, 2017

In response, more shippers have ditched their practices of working with carriers directly for third-party logistics provider (3PL) partnerships. More retailers have taken notice of increased customer service expectations from consumers. Alight shipping strategy with retail strategy. Fixing issues is not enough.

Cost Reduction Strategies 166

Cost Reduction Strategies Expense Reduction Logistics Network Optimization Software Negotiating Skills 166

GlobalTranz

JUNE 19, 2018

Retailers affected by the year storms are still struggling to reopen, and when that occurs, capacity will shrink even further. Benchmarking progress and use of all transportation modes. Hiring outside experts to help manage both inbound and outbound freight, such as hiring a third-party logistics provider (3PL).

Procurement Solutions 175

Procurement Solutions Procurement Analytics Capacity Procurement 175

NC State SCRC

JUNE 26, 2023

I recently did some work exploring the world of Warehouse Management Systems – which a professional in the 3PL field called “the heartbeat of a DC- you can’t run one without it!”

Supply Chain Design Software 52

Supply Chain Design Software Inventory Management Software Supply Chain Planning Software Optimization Software 52

Tompkins Blog

JANUARY 29, 2015

Blog 3PL Automotive Aftermarket Benchmarking & Best Practices Consumer Products Energy and Resources Industrial Distributors Material Handling INtegration Network Design Pharmaceutical & Healthcare Private Equity Retail Supply Chain Planning'

Pharmaceutical 40

Pharmaceutical Supply Chain Design Supply Chain Planning Supply Chain 40

Tompkins Blog

MARCH 13, 2014

Cosmetic products are also sold in a variety of retail streams, which affects packaging for promotions and medical purposes. 3PL Consortium: Benchmarking for Profitable Growth. More Resources. Video: Fulfillment Centers and E-commerce. 5 Steps to Establish Outsourcing Targets. Photo Credit: Tasselflower.

Resource Reduction 63

Resource Reduction Cost Reduction Strategies Supply Chain Strategy Price Mitigation Strategies 63

Logistics Bureau

AUGUST 10, 2017

If your company is trading in the fast-paced arena of omnichannel retail , this is one buzzword you really need to pay attention to. If so, you’ll need to consider whether you will pass the costs of high-speed delivery on to the customer as shipping charges or absorb them in the retail price of your products. The Human Touch.

Supply Chain Planning Software 44

Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction Price Reduction 44

FLEXE

FEBRUARY 27, 2018

It’s safe to say, and even redundant, that trying to compete with the Walmarts and the Amazons of the world with equivalent business models is out of reach for most retailers. That trifecta is how more retailers can compete with giants. Retailers—of all sizes—are jumping on this trend. Legacy Retailers Are On Board.

Retail 28

Retail Expense Reduction Price Reduction Cost Reduction Strategies 28

Talking Logistics

JULY 19, 2013

As I’ve commented in previous postings, if you are a 3PL or transportation company and you’re not involved in cross-border shipping with Mexico, then you are missing out on a growing business opportunity (see Reuters article from December 2012). ” I wonder if Mr.

Logistics Network Optimization Software 132

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 132

The Network Effect

JANUARY 29, 2015

Well think about these questions: What is the definition of a retailer? As examples consider these questions; Are Wal-Mart, Target, Amazon, Costco, Kroger, and Kohl’s retailers or consumer products firms? Yes, originally they were retailers but when they began selling private label products they also became consumer products firms.

Supply Chain Design 100

Supply Chain Design Supply Chain Modeling Supply and Demand 100

Talking Logistics

FEBRUARY 13, 2015

Chainalytics Introduces FMIQ Monthly Benchmarking Index. Moving on to 3PL news: Last week in my comments about GrubHub’s two acquisitions , I said that we were going to see a lot more activity in the same-day/local delivery space in the weeks and months ahead. 3PL Global Trade Mergers/Acquisitions This Week in News Brazil C.H.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Logistics Supply Chain Planning Software Modeling Software 100

GlobalTranz

JULY 13, 2015

Additionally, the use of metrics fosters positive relationships with coworkers and adherence to rulesets and best practices for the respective third-party logistics provider (3PL). What Distribution Center Metrics Need Tracking? Dock-to-load time refers to the amount of time typically required to load a given shipping container.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

Shipsy

MAY 28, 2021

Brands like Amazon, eBay, and more have set the new benchmarks by providing next-day and even same-day deliveries. In 2021, more businesses would pay attention to their delivery models and last mile operations to avoid getting swallowed up by the big retailers. Faster order fulfillment. Cost reduction using analytics and forecasting.

Modeling Software 52

Modeling Software Trends Analytics Software Supply Chain Design Software 52

ShipBob

APRIL 15, 2024

In this post, we’ll cover what GMROI is and why it’s important for your retail inventory management. Gross margin return on investment, or GMROI, is a measure of inventory profitability in the retail industry. puts it far behind the competition, as the GMROI benchmark in this industry for 2021 is $3.90. for every dollar spent.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

The Logistics of Logistics

MAY 4, 2021

Andy Lloyd is the Chief Executive Officer of 3PL Central , a company that specializes in cloud-based warehouse management system (WMS) solutions. Andy Lloyd is the Chief Executive Officer of 3PL Central. About 3PL Central. 3PL Central also helps their customers to adopt 3PL fulfillment best practices. 3PL Central.

Logistics Network Optimization Software 218

Logistics Network Optimization Software Supply Chain Network Software Supply Chain Software Third Party Logistics 218

BlueYonder

MARCH 15, 2018

Manufacturers and retailers are transforming their businesses towards digitalization, which means the supply chain will be expected to run much faster, everything is becoming more intelligent and connected, more autonomous devices will be operationalized and much more data will be generated.

Logistics Network Optimization Software 76

Logistics Network Optimization Software Innovation Optimization Software Supply Chain Software 76

GlobalTranz

JUNE 11, 2015

Unlike domestic suppliers, they will respond to quality benchmarks by throwing labor-end-state inspection and rework-at the problem. To mitigate risk and improve quality from its Chinese suppliers, Cequent used IQS’ (Cleveland) global infrastructure to implement a domestic quality and compliance program in China on Unchecked Suppliers.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

GlobalTranz

JUNE 13, 2018

In fact, a third-party logistics provider (3PL) can help shippers take advantage of cloud-based systems when shippers have (IT). A TMS is like a procurement expert, allowing for the continuous benchmarking of shipping activities and giving shippers insights into freight spend.

Cost Reduction Strategies 161

Cost Reduction Strategies Expense Reduction Resource Reduction Price Reduction 161

ShipBob

APRIL 13, 2021

How ShipBob helps retailers track and achieve ecommerce KPIs. According to the American Customer Satisfaction Index , below are industry-standard benchmarks for CSAT score: Apparel: 79. Internet Retail: 80. Specialty Retail Stores: 78. How ShipBob helps retailers track and achieve ecommerce KPIs. Sales KPIs.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95

Supply Chain Network

MAY 11, 2019

Performance benchmarking. Again, I would assert the “Power of Two” is again at work; by having one in-house site and one outsourced is an effective way to benchmark your business, challenging both your own operations folks and the 3PL to perform at peak levels. Flexibility and scalability. The Outlook. Jeff Ashcroft.

Canada 60

Canada Cost Reduction Strategies Modeling Benchmarking 60

GlobalTranz

OCTOBER 29, 2015

We started the series first by " 9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL." We then followed that with the wildly popular " 7 Strategic Performance Business Practices with 3PL KPIs and 4 KPI Problems to Solve " and shared how to use the S.M.A.R.T.

Case Study 120

Case Study KPI Logistics Network Optimization Software Supply Chain Design Software 120

Supply Chain Network

SEPTEMBER 22, 2013

In fact not a week goes by now without my speaking with retailers and etailers that since the dawn of e-commerce have successfully serviced Canada from one fulfillment operation for the country and are currently rethinking this model.

Canada 133

Canada Third Party Logistics Modeling Logistics Network Optimization Software 133

Talking Logistics

NOVEMBER 2, 2015

I shared that perspective more than a year ago in Putting 3PLs and Software Vendors in a Box. This “a la carte” approach — with technology as the centerpiece in many cases — is a departure from how most third-party logistics providers (3PLs) have traditionally gone to market.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Network Optimization Software Supply Chain Design Software Modeling Software 100

6 River Systems

DECEMBER 11, 2018

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Another tactic is when a major retailer that needs to distribute a large amount of product to various stores, but orders the supply in one large bulk.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

FLEXE

DECEMBER 17, 2018

2018 was another year of massive growth and disruption for the retail and supply chain industries. 2018 was packed with retailers seeking out innovative and new ways to meet customers’ rising expectations, and looking to strong logistics solutions in order to implement them. 9 RETAIL & LOGISTICS TRENDS TO WATCH IN 2018.

Sourcing Strategies 40

Sourcing Strategies Inventory Reduction Vendor Strategies Expense Reduction 40

Supply Chain Shaman

JUNE 16, 2014

Recently, I spoke to a major European retailer that lost 5% of their grocery revenues to Amazon in the first quarter of 2014. In a similar vein, a major 3PL that I spoke to last week at Eye for Transport is considering discontinuing the traditional storage of spare parts and initiating a new service to do 3D printing of parts on demand.

Supply Chain Design Software 287

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 287

Zipline Logistics

JUNE 30, 2020

Account-Specific Pricing — Customer-specific pricing, or account-specific pricing , refers to an agreement between a vendor moving product and a carrier or 3PL that establishes custom prices. Benchmark — In logistics, benchmarks refer to KPI thresholds set by an organization to measure supply chain performance.

Supply Chain Planning Software 52

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

Tompkins Blog

FEBRUARY 25, 2016

Our whole team here at Tompkins International has recently been recognized by Gartner. The post Tompkins International Awarded Top Supply Chain Consulting Firm appeared first on Tompkins International.

Gartner 49

Gartner Pharmaceutical Supply Chain Design Supply Chain Planning 49

6 River Systems

DECEMBER 5, 2019

In a recent survey, 69% of respondents indicated that they would be less likely to shop with a retailer again if they did not receive their delivery within two days of the promised delivery date. For example, one 3PL doubled its pick rates and improved picking accuracy to 99.9% Increase your operational visibility.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 52

Tompkins Blog

NOVEMBER 1, 2016

Jim Tompkins, CEO, Tompkins International has just released his newest thought leadership video Supply Chain Revolutions: Responding to Digital Disruptions along with The Survival Guide to Digital Disruptions white paper. The post What Digital Components Are Effecting Your Supply Chain appeared first on Tompkins International.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Supply Chain Design 40

Tompkins Blog

OCTOBER 25, 2016

Jim Tompkins, CEO, Tompkins International has just released his newest thought leadership video, Supply Chain Revolutions: Responding to Digital Disruptions along with The Survival Guide to Digital Disruptions white paper. The post How Digital Disruptions are Affecting Supply Chains appeared first on Tompkins International.

Supply Chain Planning 40

Supply Chain Planning Supply Chain Video Scenario Planning 40

Tompkins Blog

MARCH 22, 2016

We are less than six months away from the premium Tompkins International Supply Chain Leadership Forum 2016. The post Connect. Supply Chain Leadership Forum 2016. appeared first on Tompkins International.

Pharmaceutical 40

Pharmaceutical Supply Chain Design Supply Chain Planning Supply Chain 40

Tompkins Blog

FEBRUARY 25, 2016

Our whole team here at Tompkins International has recently been recognized by Gartner. The post Tompkins International Awarded Top Supply Chain Consulting Firm appeared first on Tompkins International.

Gartner 40

Gartner Pharmaceutical Supply Chain Design Supply Chain Planning 40

Tompkins Blog

JULY 14, 2016

We are less than two months away from the premium Tompkins International Supply Chain Leadership Forum 2016 (SCLF).

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Planning 40

Logistics Bureau

MAY 24, 2019

Retail activity is extremely seasonal, with the majority of sales occurring between March and July. Several poor outsourcing decisions had led to excessive 3PL expenses. Findings included the following problems. Fewer than 50% of outlet deliveries were arriving on time.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

6 River Systems

DECEMBER 13, 2019

After implementing Chuck by 6 River Systems , one leading 3PL doubled its pick rates and improved order accuracy to 99.9%. ” – 10 Tips to Improve Your Retail Stockroom , Action Storage; Twitter: @ActionStorage 36. Successful retail companies usually have a level of timeliness of 97% or higher.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

Supply Chain Movement

SEPTEMBER 28, 2016

Fourth release of 3PL Subway Map Europe. Manufacturers and retailers welcome the ongoing consolidation in the fragmented logistics industry. Manufacturers and retailers welcome the ongoing consolidation in the fragmented logistics industry. 3PL Subway Map Europe 2016. By Martijn Lofvers. >>Please Choose country.

Europe 60

Europe Guinea-Bissau 3PL Virgin Islands 60