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9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL

GlobalTranz

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. All KPIS have metrics to measure. Collaboration.

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3PL Logistics Companies Up Services to Continue to Meet the Needs of Shippers

GlobalTranz

Although 3PL Logistics Companies or 3PLs were around before the recession, companies realized the short-term savings of outsourcing logistics, transportation, and freight management to 3PLs quickly, and the age of the rise of the logistics provider was born. Client Needs of 3PL Logistics Companies.

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Metrics and Issues to Consider in SQM (Supplier Quality Management) By 5 Big Industries

GlobalTranz

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

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13 Key Considerations when Selecting a 3PL & [BONUS INFOGRAPHIC] 3PL vs 4PL

GlobalTranz

When it comes to efficient and cost-effective over the road transportation management , it is absolutely crucial that you be working with a trustworthy 3PL. Understanding the potential value of a 3PL early in the process is crucial to saving money and providing great service. What Is A 3PL?

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What Are the Top Logistics Software Companies in Dubai and UAE?

Locus

Advanced analytical insights: With advanced supply chain analytics from Locus’ offerings, businesses can solve many inefficiencies, complexities, and bottlenecks that make their last-mile delivery expensive. It has saved $275 million in logistics costs and 10m + kgs in Greenhouse gas emissions.

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11 Best Practices to Ship Parcel Like a Pro

GlobalTranz

Those needing to ship parcel in volume should negotiate shipping rates with all applicable carriers, including local and regional carriers, reports David Butcher of ThomasNet. This may include working with a third-party logistics provider (3PL) to secure the best rates, especially if you are already locked into an existing carrier contract.

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Your Expert Guide to Inventory Audits: Best Practices & Tips 

ShipBob

Analytical procedures Doing analytical procedures during inventory audits involves comparing gross margins, inventory turnover ratio , and/or unit costs of inventory with previous years. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand.