GlobalTranz

SEPTEMBER 16, 2016

In this blog, they discuss everything you need to know about a 3PL business. What is 3PL? There are several definitions of 3PL. Third party logistics (3PL) is a company that provides an all-encompassing service to its customers of outsourced logistics services for a part or all of their supply chain management functions.

3PL 120

3PL Third Party Logistics Logistics Network Optimization Software Warehousing 120

Turvo

FEBRUARY 24, 2022

Third-party logistics, or 3PLs, help outsource business operations such as supply chain and logistics. The global demand for 3PL (third-party logistics) services is increasing due to the rapid rise of e-commerce. The worldwide 3PL industry, estimated at roughly $1 trillion in 2020, is predicted to reach $1.75

3PL 87

3PL Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 87

20Cube Logistics

MAY 15, 2022

3PL service providers form important part of supply chain systems. These include warehousing, transportation, freight forwarding, inventory management and packaging. These processes involve resource management that helps 3PL service providers in providing advantage over speed, cost, infrastructure and technology.

Resource Reduction 75

Resource Reduction 3PL Waste Reduction Material Savings 75

Vinculum

AUGUST 16, 2021

You get unified visibility and immediate applicability for warehouse management with 3PL software. You may not be sure if you need 3PL management software, so read on to understand its benefits and features. What is Third Party Logistics (3PL)? 3PLs can identify supply chain gaps and fill them for you.

Warehousing 52

Warehousing 3PL Third Party Logistics Logistics Network Optimization Software 52

Stord

JULY 7, 2023

Atlanta, GA, July 6, 2023 – Stord , a leader in fulfillment services and technology for omnichannel mid-market and enterprise brands, has been recognized by SupplyTech Breakthrough as the 3PL Platform of the Year. For more information visit SupplyTechBreakthrough.com

Supply Chain Planning Software 60

Supply Chain Planning Software Inventory Management Software Analytics Software Modeling Software 60

ModusLink Corporation

FEBRUARY 8, 2023

With the economic benefits of free trade zones now more evident than ever, it’s essential to ask: “is your 3PL taking full advantage of the cost savings that free trade zones can provide?” Various compliance requirements, security protocols, and inventory systems need to remain compliant. Bibliography Forster, James.

Negotiating Skills 78

Negotiating Skills Material Savings 3PL Cost Reduction Strategies 78

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

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

APRIL 25, 2017

Therefore, more companies have partnered with third-party logistics providers ( 3PLs ) to achieve greater supply chain savings and presence in such markets through enhanced transportation management systems ( TMSs ). Greater Supply Chain Savings Thanks to Transportation Management. Why Work With a 3PL?

Cost Reduction Strategies 156

Cost Reduction Strategies Resource Reduction Vendor Strategies Expense Reduction 156

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Logistics Viewpoints

DECEMBER 11, 2023

They have developed a proprietary inventory analysis tool that can not only help companies achieve service level goals with less inventory, but the inventory analysis can also flow into helping design an efficient warehouse layout. They do supply chain strategic consulting and supply chain planning implementations.

Supply Chain Design Software 243

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 243

3rdwave

JULY 20, 2020

Too often – make that almost always – importers and exporters (BCOs – Benefiticcial Cargo Owners) are dependent on their NVOCC, Freight Forwarder or 3PL (3PL) to provide them with visibility into their global supply chains. Advantage 3PL. And, they exploit this advantage to optimize their returns. .

3PL 54

3PL Freight Procurement Analytics Negotiating Skills 54

ShipBob

JULY 27, 2021

How to Choose a 3PL for Your Ecommerce Business. Contract logistics don’t typically ship or manage inventory and fulfillment, but rather help with the management of domestic and international transportation. Contract logistics vs. 3PL: The key differences. Allocate inventory based on demand.

Logistics Network Optimization Software 52

Logistics Network Optimization Software 3PL Inventory Management Software Supply Chain Planning Software 52

GlobalTranz

APRIL 3, 2015

Yet in outsourced logistics simply refers to hiring a third-party logistics service, 3PL, to handle the logistics services. From securing inventory to transporting goods from Point A to Point B, 3PL are taking over as in-house logistics teams fall flat. Meanwhile the experts of a 3PL will handle the distribution.

Logistics Network Optimization Software 120

Logistics Network Optimization Software 3PL Logistics Third Party Logistics 120

GlobalTranz

DECEMBER 11, 2014

Today begins our series about electronic data interchange or EDI in transportation. In this series, we will first talk about how EDI in transportation works and what it is, covering the history of EDI in transportation, the definition, how it works technically, and then some common EDI codes used within the transportation industry.

Electronics 262

Electronics Transportation Data Resource Reduction 262

Logistics Viewpoints

MARCH 25, 2021

Other companies have lost intellectual property or customer information and have not found out until the damage was done. Your transportation consultant can help develop response strategies to ensure your supply chain continues to operate while the problem is addressed. Capacity constraints and transportation delays.

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 309

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. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

Optimal Sourcing 88

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 88

ShipBob

JANUARY 23, 2023

Last-mile delivery is a logistics term that is defined as the transportation of a package from a fulfillment center to the package’s final destination, which is usually a personal residence. For growing brands like Ample Foods, partnering with a 3PL can alleviate the pressures of working directly with carriers.

3PL 98

3PL Cost Reduction Strategies Inventory Reduction Expense Reduction 98

Supply Chain Game Changer

NOVEMBER 28, 2019

Third-party logistics (or 3PL) providers, are standing on the brink of breakout growth. The shipper ecosystem is burgeoning with more delivery orders, more inventory to be managed, more deliveries and more services than ever before. The global 3PL market, valued at $728.6B 3PLs and Logistics Operations – What’s Changed?

Logistics Network Optimization Software 83

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

GlobalTranz

OCTOBER 21, 2015

Here are the 9 key topics to understand in the relationsihp between the shipper and the 3PL. To be unified is to collaborate and trust the shipper/customer Third Party Logistics Service Provider (3PL) relationship. 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

3PL Insights

SEPTEMBER 20, 2021

After the shipping delays and supply shortages that were caused by COVID-19, many businesses have opted to keep more inventory on-hand in distribution centers. Inventory Pileup. The shipments are ready, but a widespread transportation capacity issue has created massive freight delays. Partner With a 3PL.

Warehousing 98

Warehousing Inventory Reduction Expense Reduction Supply Chain Planning Software 98

Logistics Viewpoints

OCTOBER 31, 2022

ZF offers product and software solutions for established vehicle manufacturers and newly emerging transport and mobility service providers. According to Mr. Sobeck, the SupplyOn solution means that when you need to “register a supplier or to update their information, you only need to do that once instead of several times.”

Agile and Lean Supply Chain 197

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

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. There must be some of the 3PL KPIs for I.T.

KPI 120

KPI 3PL Supply Chain Planning Software Resource Reduction 120

GlobalTranz

MAY 18, 2015

Recently, they started a series featuring MBAs in the supply chain space , and this post really stood out to us as Cerasis is a 3PL service provider focused on Transportation Management. . 4 questions to ask when determining if a 3PL Service Provider is right for your company. Action step: Identify your core values.

3PL 120

3PL Logistics Network Optimization Software New Hampshire Company 120

3rdwave

AUGUST 7, 2019

There are 4 fundamental areas where global transportation is challenged. Three of these challenges are variants on traditional transportation challenges and the last is relatively new but growing in importance. These challenges are: Information Accessibility – visibility, reporting & analysis, communication.

Global Transportation 75

Global Transportation Transportation Management Purchasing Skills Negotiating Skills 75

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

DELMIA Quintiq

OCTOBER 28, 2014

With growing consumer expectations for faster delivery, shippers are expecting value-added logistics services from 3PL operators. This increases the urgency for 3PLs to leverage on the best market trends to increase logistics flexibility. There is certainly high potential for both 3PLs and manufacturers to become more efficient.

Supply Chain Planning Software 281

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Optimal Sourcing 281

Logistics Viewpoints

OCTOBER 19, 2023

The issue wasn’t poor planning – they had the inventory. When the 3PL driver delivered it a few months later he noticed it was damaged and submitted a request for a replacement. Multiple calls only muddied the waters, but a few things became clear: inventory was in the warehouse, but my order for it was stuck.

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 225

GlobalTranz

SEPTEMBER 23, 2021

Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Pent-up demand of customers and the strong predictions for another above-average peak season has put a unique burden on truckload and parcel transportation. are liable?network

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

BlueYonder

OCTOBER 5, 2023

Brad, can you inform the audience what some of the market opportunities and challenges are for the LSPs that you and your team speak with? How do we provide the right information at the right time to increase productivity? Roy: LSP and 3PL are very broad terms. They are asking: How can we better plan from a labor standpoint?

Logistics Network Optimization Software 112

Logistics Network Optimization Software Logistics Supply Chain Software Inventory Reduction 112

SCMDOJO

JULY 24, 2023

Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company. It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

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

GlobalTranz

SEPTEMBER 2, 2015

Conventional logistics service providers had very few alternatives for reversing the channel; however, as the technology has progressed, companies using robust, proficient reverse logistics management have benefited from: Reduced administrative, transportation and aftermarket support costs. Increased velocity. Increased service market share.

Reverse Logistics 120

Reverse Logistics Logistics Network Optimization Software 3PL Supply Chain Design Software 120

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.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

GlobalTranz

FEBRUARY 23, 2022

Still, the e-commerce boom pushes more freight into trucks as shippers re-think inventory levels to meet omnichannel demands. Carriers and drivers know which shippers respect their time and those who do not and share that information. Consider a Managed Transportation Services Strategy. How to Manage Truckload Macro Trends.

Trends 182

Trends Price Reduction Waste Reduction Inventory Reduction 182

BR Williams Supply Chain Management

DECEMBER 21, 2021

However, you can learn from the mistakes of your predecessors and benefit from our expertise, and to stay competitive, technology should be the top thing you look for when selecting a 3PL partner. Increase Transparency with Online Inventory. We consistently receive over 99% inventory accuracy.

Optimization Software 98

Optimization Software Supply Chain Planning Software Supply Chain Software Analytics Software 98

GlobalTranz

JANUARY 6, 2016

We release our second e-book today by focusing on strategic logistics and transportation management creates a competitive business advantage for shippers. Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost.

Transportation Management 120

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