GlobalTranz

DECEMBER 15, 2014

Warehouse operations and their efficiency are a key to any company that deals with freight, shipping and inventories. 3PL Pricing Structure: Part 2 In Third Party Logistics Implementation. The manager needs to then continually improve using this data.

Supply Chain Software 329

Supply Chain Software Supply Chain Planning Software Logistics Network Optimization Software Demand Planning Software 329

GlobalTranz

OCTOBER 6, 2021

Rapid Scalability and Leveraging the Collective Buying Power of a Large 3PL . Delays and congestion worsen each year, inventory strains continually affect capacity, and customer needs remain ever-changing. The value gained from rapid scalability and collaboration is critical for the modern supply chain.

Prescriptive Analytics Software 296

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 296

GlobalTranz

OCTOBER 21, 2015

The next step in procurement is then managing vendors and keeping service providers accountable for continued improvement. Here are the 9 key topics to understand in the relationsihp between the shipper and the 3PL. For example: Inventory Record Accuracy has to be 98-100% accurate daily. 3PL/Shipper/Customer Rewards.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

GlobalTranz

JULY 1, 2021

These are some of the top transportation metrics to track for improved performance and continuous improvement. This is where a 3PL like GlobalTranz can further add value by reviewing existing contracts and working directly with shippers to find more carriers and avoid overspend.

Metrics 334

Metrics Transportation Vendor Strategies Logistics Network Optimization Software 334

GlobalTranz

JANUARY 8, 2015

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits.

Inventory Reduction 120

Inventory Reduction Agile and Lean Supply Chain Lean Waste Reduction 120

GlobalTranz

JUNE 2, 2016

Like any outsourced partnership to a service and technology provider, such as in a 3PL relationship, it is vital that all sides are on the same page and speaking the same language in the way of goals, desired outcomes, strategy, and execution for whatever the customer and the outsourced provider are trying to achieve. Who pays for all this?

3PL 120

3PL Manufacturing Procurement Optimal Sourcing Resource Reduction 120

GlobalTranz

OCTOBER 23, 2015

We continue our series on understanding the 3PL KPIs (Key performance indicators) from 3PL consultant, Chuck Intrieri of The Lean Supply Chain as it relates to the engagement with a 3PL. 7 Strategic Performance Business Practices to Provide the Ability to Manage 3PL KPIs. Are we improving? What is lacking?

KPI 120

KPI 3PL Supply Chain Planning Software Resource Reduction 120

GlobalTranz

NOVEMBER 23, 2015

When selecting a transportation mangement 3PL to aid you in a robust and effective transportation management strategy , defining the rules of engagement is critical to success. We've built a deep checklist to understand first before you go about engaging with a 3PL. Do you even first understand your own needs?

Inventory Reduction 120

Inventory Reduction Transportation Management 3PL Price Mitigation Strategies 120

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

GlobalTranz

FEBRUARY 2, 2015

Editor’s Note: Cerasis is a 3PL focused on transportation management. So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. VMI is all about collaboration.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

GlobalTranz

FEBRUARY 17, 2016

Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. These are based on my 40 years working in operations at Schwinn and other companies as well as consulting many companies on how to select the best 3PL for my client's needs. A Focus on Inventory Control Begets Warehouse Cost Reductions.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

ModusLink Corporation

APRIL 22, 2024

Electronics Kitting and Assembly with 3PL Solutions. By harnessing the capabilities of a global 3PL partner, companies can unlock new possibilities for efficiency, scalability, and innovation in their electronics assembly processes. End-to-end management of component procurement, inventory management, and JIT delivery.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

Stord

MAY 8, 2024

The right multichannel order and inventory management system can ensure you’re not underselling or overselling , harming your revenue growth, customer experience, or both! Agile practices optimize inventory management , promoting cost efficiency and lean inventories. ideally all within a single platform.

Optimal Sourcing 158

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 158

GlobalTranz

MAY 6, 2015

o Space—holding places for unnecessary inventory. o Inventory—inactive raw, work-in-process, or finished goods. When you create your Sales, Inventory, Operations and Production Plan (SIOP) monthly, or more frequently, invite your top Suppliers and Customers to the SIOP meeting. Inventory velocity and inventory reduction.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan. What is Reverse Marketing?

Vendor Strategies 120

Vendor Strategies Cost Reduction Strategies Inventory Reduction Waste Reduction 120

The Logistics of Logistics

APRIL 6, 2013

In my opinion, a service level agreement should be used in any customer-3PL engagement. Inventory Record Accuracy via Cycle Counting and Root Cause analysis. Continuous Improvement Initiatives. These KPIs are different for each customer-Service provider agreement. Turnaround time. Cost Reduction agreements over time.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Negotiating Skills KPI Purchasing Skills 100

Kanban Logistics

FEBRUARY 27, 2020

It’s home base for sophisticated eCommerce operations, high-velocity retail distribution, vendor managed inventory, and a variety of other services. In this article, we’ll examine all that 3PL warehousing entails, while helping you find a 3PL partner that’s right for your business. Types of 3PL Warehousing.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

GlobalTranz

JULY 12, 2016

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. Reduce inventory with cross-docking or use Kanban pull systems. Improve processes daily.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

GlobalTranz

OCTOBER 19, 2015

Controlling Inventory Flow & Driving Warehouse Efficiency. One of the most overlooked success factors to shipment tracking is simply defining what the expectation is between your own company, the receiver of the goods, a 3PL, and your carrier partners. Having the mindset to accept changes is critical for any 3PL to deliver value.

Transportation Management 120

Transportation Management Resource Reduction Optimal Sourcing Cost Reduction Strategies 120

GlobalTranz

MARCH 9, 2015

The 3PL industry is currently at a juncture where stakeholders are being forced to reconsider the way they do business. The coming few years are likely to be decisive for the future of 3PL. This bodes well for the 3PL industry as a sound economy means higher volumes of shipment. But the picture is not all that bad.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Design Software Optimization Software Demand Planning Software 120

CH Robinson Transportfolio

OCTOBER 3, 2017

What is a 3PL & How Can They Benefit Your Business? Whatever the reason, if you’re searching for a third party logistics provider (3PL) for the first time, you’ll want to have a keen understanding of what they are and how they work before choosing one to help with your logistics challenges. So what exactly is a 3PL?

3PL 59

3PL Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software 59

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

Kanban Logistics

OCTOBER 31, 2023

If you’re outgrowing your current warehousing partner or are ready to make the leap from DIY to a more robust operation, 3PL outsourcing may be the answer. In this article, we’ll tell you a little about what a 3PL warehousing operation looks like and give you 5 benefits that an outsourced 3PL relationship can have for your business.

Warehousing 52

Warehousing 3PL Supply and Demand Logistics Network Optimization Software 52

Talking Logistics

OCTOBER 25, 2017

In this post, Rafael Granato from PINC Solutions summarizes a video case study we featured recently on Talking Logistics, part of our “Profiles in Yard Management Excellence” series where we highlight companies (in this case, Batory Foods) that are leading the way in driving continuous improvement and innovation in yard management.

Food 113

Food New Zealand Case Study DC 113

BlueYonder

OCTOBER 5, 2023

But LSPs also need to constantly identify continuous improvement opportunities to retain customers and demonstrate that they are delivering value. Roy: LSP and 3PL are very broad terms. The other aspect to this is where we see consolidation in the LSP/3PL market and also diversification.

Logistics Network Optimization Software 128

Logistics Network Optimization Software Logistics Supply Chain Software Inventory Reduction 128

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. The goal is to keep inventory levels at a minimum to meet customer needs. Review Inventory turns and Return on Assets. Other areas to consider measuring as it relates to transportation: Managing inventory.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

GlobalTranz

JANUARY 7, 2016

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection. It was called, “ The Short List ”.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

GlobalTranz

JUNE 2, 2015

As a transportation management 3PL ourselves, we find it very interesting to come across other companies, also referred to as a 3PL, who offer services that require a lot of focus and attention to several moving parts. This can also help you decide how to manage new items that are new to your business or to your inventory.

Big Data 120

Big Data Supply Chain Optimization Supply Chain Planning Software Optimization Software 120

GlobalTranz

JANUARY 6, 2016

Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency. 6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. 5 Engagement Strategies in Managing a Relationship With a Transportation Management 3PL. Strategic Logistics Management: The Importance of Flexibility.

Transportation Management 120

Transportation Management Logistics Network Optimization Software Resource Reduction Cost Reduction Strategies 120

Talking Logistics

NOVEMBER 3, 2014

I have long argued that third party logistics providers (3PLs) should set themselves apart from the competition by fully harnessing the power and value of their customer and employee communities. Inventory (inventory management policies and practices, optimizing inventory flow). Forecasting. Technology. E-Commerce.

Innovation 197

Innovation Supply Chain Design Software Optimal Sourcing Logistics Network Optimization Software 197

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. I use a method I call managing for daily improvement or MDI. How can we Continuously Improve Daily and Sustain a Lean Culture and Behavior? Industry Week, March, 2016).

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Talking Logistics

JULY 24, 2015

billion, which if it happens, would be another large deal in the third-party logistics (3PL) industry since December (see, for example, FedEx acquisition of GENCO and XPO Logistics acquisition of Norbert Dentressangle ). For related commentary, see Is the 3PL Industry Becoming Barbell Shaped? and Convergence is the Word for 3PLs.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software 100

GlobalTranz

AUGUST 9, 2016

The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. Rather, going beyond customer expectations needs to be fully understood, and transportation strategies then developed to meet those expectations with optimal inventory levels.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Lean Cost Reduction Strategies 120

American Global Logistics

DECEMBER 5, 2023

Partnering with a 3PL is not a new concept, and many of the world's most successful companies have long recognized their value as the freight market continues to evolve. That's where a trusted 3PL comes in. During times of uncertainty, nothing provides more value than a partnership between a shipper and a 3PL. Volatility.

3PL 52

3PL Negotiating Skills Resource Reduction Logistics Network Optimization Software 52

GlobalTranz

JANUARY 8, 2016

Chuck Intrieri is a Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection Consultant and you can visit his website at [link] or give him a call at 714-788-0744 or shoot him an email at cmiconsulting93@gmail.com. Part of the Business Plan was Sales and Operations Planning (S and OP) or SIOP adding Inventory Management.

Manufacturing Procurement 120

Manufacturing Procurement Eliminating Excel in Purchasing Supply Chain Planning Software Manufacturing 120

Supply Chain Game Changer

SEPTEMBER 17, 2020

WES functions include supply chain controls to improve performance, including light task management, wave management, limited inventory management, and some picking. The yard management system (YMS) is a useful tool for managing trailers, drivers, and stored inventory in the yard. Yard Management System. Supply Chain Systems.

Inventory Management Software 105

Inventory Management Software Demand Planning Software Supply Chain Software Sourcing Strategies 105

CH Robinson Transportfolio

JULY 16, 2021

What is a 3PL & How Can They Benefit Your Business? A third party logistics provider (3PL) can help you reach your logistics goals and increase the overall efficiency of your organization in the process. So what exactly is a 3PL? So what exactly is a 3PL? 3PL vs. 4PL. 3PL vs. 4PL | Transportfolio.

3PL 44

3PL Supply Chain Design Software Third Party Logistics Logistics Network Optimization Software 44