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The Connected Ecosystem with Bill Vitti

The Logistics of Logistics

Bill was also President of Swift Logistics, a leading brokerage and 3PL provider, and head of marketing and strategy for Swift Transportation. Bill has experience working on the carrier, shipper, and broker side, as well as in 3PL and freight software, giving him 360-degrees of visibility of the marketplace. Bill on LinkedIn.

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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. 3PL/Shipper/Customer Rewards. 3PL/SLA Skills/Knowledge.

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What is a 3PL warehouse, and how does it work?

6 River Systems

Commonly known as 3PLs , these are businesses that specialize in providing outsourced logistical support. By taking over the day-to-day management of your logistics needs , 3PLs let you focus on what you do best — growing your business. If you’ve been wondering how 3PL warehouses work, let’s take a closer look at their operations.

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DFB Tech Stack: Invoice Reconciliation

Parade

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This is both limited and costly: It could involve a procurement company, which a freight broker or 3PL may actually compete with. Simple invoice & document setup (e.g.

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KraftHeinz Procurement Bends to 3G Capital’s Policies: How’s it Working Out for You?

NC State SCRC

Several stories came out this week, related to KraftHeinz’s share price, its procurement department, and the fate of its parent company, 3G Capital. I witnessed this personally when working with a large 3PL company, who had worked with KraftHeinz for more than ten years. The company reported $30.9 billion a year earlier.

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Electronic Data Interchange or EDI in Transportation: Breaking Down What it is and How It Works

GlobalTranz

According to Wikipedia and EDI Basics , Electronic Data Interchange (EDI) is the computer-to-computer exchange of business documents in a standard electronic format between business partners. EDI was first developed in the 1960s with the objective of speeding the movement of shipping and transportation documents. EDI In Transportation.

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The Challenges & Steps in Procuring a Full Truckload as a Shipper

GlobalTranz

As a shipper, it can be hard to procure full truckloads, and small and mid-sized shippers suffer from an exacerbated version of this problem. Shippers face tightening capacity, higher rates, and demanding consumers, and procuring a full truckload may be the last thing on their minds. What about payment processing and documentation?