6 River Systems

JULY 29, 2020

Today, there are many top 3PL warehousing companies that handle warehousing, fulfillment, logistics and distribution services for companies of all sizes. Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc.

Warehousing 111

Warehousing 3PL Company Third Party Logistics 111

Supply Chain Game Changer

NOVEMBER 28, 2019

Third-party logistics (or 3PL) providers, are standing on the brink of breakout growth. The global 3PL market, valued at $728.6B While 3PL providers want to adapt to this new market opportunity, their existing logistics operations often have a hard time keeping pace with these growing demands. BILLION by 2025. Project 44.

Logistics Network Optimization Software 83

Logistics Network Optimization Software 3PL Optimal Sourcing Supply Chain Planning Software 83

Supply Chain Shaman

DECEMBER 30, 2021

Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Freight Rates 2019-2021. As a result, companies plug along planning based on historic lead times and freight rates which as you can imagine is doomed for failure.

Supply Chain Design Software 429

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 429

Talking Logistics

DECEMBER 11, 2014

Three years later, he stayed with his $300-a-barrel prediction, but shifted the timeframe to 2020 (see the CBS News article, Another $300 Oil Prediction — and Why This One Matters ). Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). Big Data and Analytics for Oil and Gas Transportation.

Predictive Analytics Software 202

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 202

Unleashed

JUNE 23, 2021

Inventory analytics goes mainstream. Accurately plotting costs based on live data. Improving efficiencies with data analytics. Connect IoT tech to your cloud software to input critical real-time data to analytics and other business systems. This means faster shipping times, and lower transport costs.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.

Optimal Sourcing 88

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 88

Unleashed

APRIL 12, 2023

Here are some more differences between B2B and B2C fulfillment: B2B orders cost more to ship, can take longer to reach their destination, and may require specialized handling equipment for loading onto dedicated freight transporters. Conversely, B2C order fulfillment offers rapid, low-cost, and often free, shipping.

Supply Chain Planning Software 52

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

ModusLink Corporation

NOVEMBER 23, 2022

A new report from the industry association E-commerce Europe found that there was a 15% growth in 2016 and the industry is predicted to be worth €602 billion by the end of 2017. The growth seen within e-commerce and online transportation are indicative of changing market trends and consumer purchasing habits.

Purchasing Skills 78

Purchasing Skills Shipping Logistics Network Optimization Software Supply Chain Planning Software 78

ShipBob

JANUARY 8, 2021

Today, the scenario is quite different as 73% of B2B buyers are millennials who prefer the convenience of purchasing bulk orders online. B2B orders are often purchased less often, sold in bulk, and shipped via freight (or parcel for smaller orders). B2B orders are often repeat purchases done in bulk and ordered less frequently.

Inventory Management Software 96

Inventory Management Software Supply Chain Design Software Optimization Software Logistics Network Optimization Software 96

Talking Logistics

OCTOBER 29, 2013

What is this going to cost? You could answer them with a purchase order (P.O.) Besides providing fast, thorough answers to customers, today’s ERP, cloud-based SaaS, or 3PL-operated systems enable companies to manage the order lifecycle, control information and cargo flows, and reduce the total cost of goods.

Pricing Training 145

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 145

New Horizon Supply Chain Blog

AUGUST 1, 2022

Supply planners routinely plan purchasing, manufacturing, and outbound shipments based on detailed parameters relating to inventory levels, purchasing lead times, and manufacturing capacity. Costs have increased about 60% since before the pandemic. Source: Data from the Federal Reserve Board of St.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning 52

GlobalTranz

APRIL 25, 2017

This involves the combination of data capture, analytic and dashboarding tools to make decisions easier. As a result, companies can realize better control of transportation networks and eliminate redundancies without risking a loss of product availability, while still cutting costs and boosting the bottom line. Why Work With a 3PL?

Cost Reduction Strategies 156

Cost Reduction Strategies Resource Reduction Vendor Strategies Expense Reduction 156

Logistics Viewpoints

OCTOBER 31, 2022

ZF transforms those purchased products into over 2,000 products. MSCN solutions provide supply chain visibility, network-based applications, and network analytics. Goods flow to consolidation centers where their 3PL partners scan the parts into a container. There are also avoided costs.

Agile and Lean Supply Chain 197

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 197

Supply Chain Shaman

DECEMBER 30, 2021

Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Freight Rates 2019-2021. As a result, companies plug along planning based on historic lead times and freight rates which as you can imagine is doomed for failure.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

GlobalTranz

DECEMBER 18, 2014

All metal fabricators realize that they have to do some analyses before the company purchases equipmen t or hires new people, but now there seems to be a new intensity about the process. Use a Third Party Logistics Company : A prominent report supports the rising using of 3PLs as a way for shippers to take a competitive advantage.

Manufacturing Procurement 236

Manufacturing Procurement Manufacturing Purchasing Skills Sourcing Strategies 236

Talking Logistics

JANUARY 13, 2017

November 2016 Freight Transportation Services Index (TSI). A path between the origin and destination may be defined based on any factor, including travel time or cost, and any actual or predicted congestion. Source: Amazon patent filing. If you’re a 3PL stuck in the middle, how do you compete and grow in the years ahead?

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Sourcing Strategies Supply Chain Network Software 0

3rdwave

AUGUST 7, 2019

These challenges are: Information Accessibility – visibility, reporting & analysis, communication. Transportation Cost Management. Access to shipment tracking details, from origin to destination, is readily available through carrier and 3PL self-serve websites. Reporting and Analysis. Visibility.

Global Transportation 75

Global Transportation Transportation Management Purchasing Skills Negotiating Skills 75

ShipBob

SEPTEMBER 20, 2021

The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. In this post, we take a look at how you can improve your end-to-end supply chain operations and create a seamless workflow to enhance visibility and reduce operational costs.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 52

3rdwave

AUGUST 8, 2019

Managing global freight is ladened with challenges. A global TMS solution provides an automated and systemic way of addressing the challenges that are the reality for most organizations that source globally. The global TMS functionality necessary to support execution control are: Freight contract management. Invoice Estimating.

Cost Reduction Strategies 74

Cost Reduction Strategies Inventory Reduction Negotiating Skills Global 74

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.

Optimal Sourcing 40

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 40

Locus Robotics

MARCH 9, 2023

Artificial intelligence and machine learning AI and ML offer manufacturers powerful predictive analytics that transform manufacturing supply chain management by improving forecasting accuracy and speed, supporting better decision-making, and reducing operational costs.

Supply Chain Software 52

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 52

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

BR Williams Supply Chain Management

SEPTEMBER 27, 2021

The Financial Times reports a top executive at UPS expects the supply chain crisis created by the pandemic will inflict lasting damage. As a result, there’s increased demand from the shipper community, needing help with sourcing capacity. We made several key hires to increase our sourcing activity.

Third Party Logistics 95

Third Party Logistics Logistics Network Optimization Software Manufacturing Procurement Purchasing Skills 95

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. This can include freight forwarding and documentation management. Order fulfilment is just one part of the supply chain.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Material Handling & Logistics

JANUARY 10, 2018

The Uberization of Freight. People are trying to automate as much of the order-to-cash process as possible - however, there are hurdles that make the fully automated “Uberization of Freight” difficult for both buyer and seller. Predictive analytics will alter the future of the supply chain.

Predictive Analytics Software 96

Predictive Analytics Software Supply Chain Design Software Predictive Analytics Supply Chain Software 96

6 River Systems

JULY 25, 2019

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

GlobalTranz

DECEMBER 17, 2014

So, for a direct response marketer, it’s actually more expensive to not have EDI integration, because without it you’re closed off from potential sources of business. For this reason alone, EDI integration is well worth its initial implementation cost. and a remittance is $12.96. Myth: It’s Disruptive.

Supply Chain Network Software 233

Supply Chain Network Software Supply Chain Software Sourcing Strategies Expense Reduction 233

Logility

SEPTEMBER 16, 2022

Why do we build logistics models? But I ask it because modeling often takes a detour into the land of debilitating detail. And by debilitating, I mean an enormous analytical time sink — think months. I am often asking clients whether they wish to: A) Model the precise general ledger costs for logistics?

Modeling 130

Modeling Modeling Software Optimization Modeling Logistics Network Optimization Software 130

Locus

DECEMBER 22, 2021

The World Economic Forum’s report on the “future of the last-mile ecosystem” states that 85% of delivery mileage from freight delivery are majorly responsible for emissions and congestion driven by commercial vehicles. The growth in e-commerce purchases has increased the demand for returns through the same channel.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Modeling 52

Turvo

MARCH 1, 2022

Worldwide third-party logistics (3PL) has emerged as a viable option for meeting global distribution demands. Because of rising global competition and shrinking profit margins, most multinational companies operate through a worldwide sourcing and a global supply chain (GSC) to maintain market share and increase profitability.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Inventory Reduction Expense Reduction 70

ShipBob

MARCH 3, 2022

For Greg and many other retail businesses, success is heavily reliant on having a profitable cost per unit — and half of that battle is keeping your costs low. . Only when you know how much it costs to produce or procure a single unit of any SKU can you make more informed decisions on how much to sell it for.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

6 River Systems

OCTOBER 12, 2020

According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 Rising costs mean that companies must continue to innovate and implement strategies that can help reduce logistics costs and boost the bottom line.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

Zipline Logistics

JUNE 30, 2020

Accessibility — The ability of a carrier to provide service for a freight order. Accessorial Charges — Fees added to a freight bill for additional services that the carrier might provide. Air Freight — Transportation of products via air transportation methods. ATA — Actual time of arrival. ATD — Actual time of departure.

Supply Chain Planning Software 52

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

ThroughPut

MAY 5, 2020

Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. To this, they add the additional costs incurred before or after the product or service delivery.

Cost Reduction Strategies 64

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 64

Talking Logistics

DECEMBER 16, 2015

Well, my big audacious prediction for 2015 did not come true. Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? TMS for SMB: Breaking Down the Barriers. and L Brands Inc.’s

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

Talking Logistics

FEBRUARY 20, 2015

Mergers and acquisitions are an ongoing trend in the third-party logistics (3PL) industry, and the big deal this week was Kintetsu World Express (KWE) buying APL Logistics (APLL) for $1.2 In other words, the deal was driven by KWE’s desire to expand its solution footprint and geographic reach — the usual factors in most 3PL deals.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Network Software Purchasing Training Supply Chain Planning Software 100