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. By doing so, businesses can concentrate on their core competencies while benefiting from the expertise and infrastructure of the 3PL provider.

Logistics Network Optimization Software 90

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The Logistics of Logistics

JUNE 7, 2019

. Understand the 3PL Business Models – Asset based, Non-asset based, Asset light. Asset based 3PLs own physical assets like trucks, planes, warehouses, etc. Pros: Since they own their assets, these 3PLs are able to use their own equipment to service customers. Non-asset based 3PLs use the assets from other logistics companies.

3PL 100

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Unleashed

MARCH 31, 2021

When we refer to the ‘supply chain’, we’re referring to the network of suppliers, manufacturers, producers, shipping companies and more who, when combined, produce, ship and sell products and services to end-users. A lean business looking to build efficiencies would do well to try and improve this metric. What is logistics?

Supply Chain Planning Software 69

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Unleashed

DECEMBER 21, 2023

Inventory management solutions are the systems and processes designed to effectively oversee the entire lifecycle of your business’s inventory, from procurement and storage to distribution and sales. A 3PL provider takes on responsibilities such as warehousing, transportation, and order fulfilment.

Inventory Reduction 52

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ShipBob

FEBRUARY 25, 2022

This involves keeping track of critical distribution metrics such as how many orders were shipped out on time because this is vital to determine how efficient their processes are, how satisfied customers will be, and whether they need to make improvements. The OTIF metric isn’t just for measuring delivery performance.

Optimal Sourcing 52

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ShipBob

MARCH 9, 2022

Order cycle time refers to the average time taken to ship out an order from the time it was placed, excluding the actual shipping time. Order cycle time is a useful metric for measuring the efficiency of your fulfillment process as it also affects other KPIs like on-time shipping rate and order lead time.

Optimal Sourcing 52

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ShipBob

SEPTEMBER 24, 2021

Warehouse key performance indicators (KPIs) are metrics associated with warehouse performance. That’s why it’s essential to track certain ecommerce KPIs that identify how your warehouse operation is influencing the customer experience, such as order accuracy and shipping times. Inventory KPIs.

Optimal Sourcing 52

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Zipline Logistics

JANUARY 10, 2023

Andrew Lynch is President and Co-Founder of Zipline Logistics , an award-winning North American 3PL that specializes exclusively in the transportation of retail consumer goods. I moved to Chicago to work for the world’s largest 3PL and quickly fell in love with the constant opportunity to solve problems. About Andrew Lynch.

Supply Chain Software 52

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ShipBob

OCTOBER 4, 2023

However, good inventory management also requires strategic inventory reduction instead of simply procuring more goods. Inventory reduction may also involve preventing excess inventory in the first place and adjusting procurement strategies to focus on SKUs that are more likely to sell.

Inventory Reduction 52

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The Logistics of Logistics

JUNE 20, 2014

Recently, a shipping manager asked me what selection criteria he should use when selecting a 3PL. As a sales guy for a 3PL I am always anxious to impress shipping managers, so I created the following 9 things to consider when selecting a 3PL. Non-asset based 3PLs use the assets from other logistics companies.

3PL 113

3PL Negotiating Skills Optimal Sourcing Purchasing Training 113

ShipBob

OCTOBER 1, 2021

In this article, we’ll discuss why lean supply chains are gaining popularity, why ecommerce retailers should consider moving to lean supply chains, the best lean supply chain techniques, and how to use the right 3PL partner to help you transition to a leaner supply chain. Evaluate your procurement process. What is a lean supply chain?

Agile and Lean Supply Chain 52

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ShipBob

NOVEMBER 24, 2023

Inventory segmentation ensures that each product is placed and managed according to specific metrics, creating a streamlined path from shelf to shipment. By grouping products based on factors like sales velocity, size, and shipping requirements, warehouses can improve picking rates. Inventory segmentation helps sharpen this path.

Inventory Reduction 52

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The Logistics of Logistics

JUNE 20, 2014

Recently, a shipping manager asked me what selection criteria he should use when selecting a 3PL. As a sales guy for a 3PL I am always anxious to impress shipping managers, so I created the following 9 things to consider when selecting a 3PL. Non-asset based 3PLs use the assets from other logistics companies.

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

Unleashed

JULY 25, 2023

It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Automate purchasing Automated purchasing will maximise efficiencies by speeding up your procurement processes.

Inventory Reduction 52

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Unleashed

JANUARY 16, 2023

When your business is receiving more orders than it’s possible to fulfil in-house, third-party logistics (3PL) can mean the difference between disappointing customers and capitalising on that success. In this guide to third-party logistics: What is 3PL? 3PL providers are experts when it comes to shipping and logistics.

Third Party Logistics 98

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ShipBob

NOVEMBER 6, 2023

Cutoff analysis Cutoff analysis is when you pause operations such as receiving and shipping at the time of the physical count to ensure nothing is being handled and goes unaccounted for. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand.

Inventory Reduction 52

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Talking Logistics

FEBRUARY 22, 2013

CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. FedEx Helps Small Businesses Streamline Shipping with fedex.com Integration Manager. Con-way Truckload and Con-way Multimodal Join Forces to Launch New Intermodal Service for North America. Mexico trade.

Optimal Sourcing 100

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ShipBob

SEPTEMBER 27, 2021

When creating an online marketing strategy for an ecommerce business, there are numerous considerations — including budget, growth trajectory, where you sell (in terms of channels and countries you ship to), the products you sell, and much more. To alleviate issues like these, partnering with the right 3PL company is essential.

Inventory Reduction 59

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Talking Logistics

FEBRUARY 4, 2016

Due to the enhanced visibility of data and metrics across peer groups, sales leads have improved their customer service by walking prospective customers through the operations process and comfortably answering any queries on how success is measured. Overall, MDI provides organizations with key takeaways and measured KPIs.

Six Sigma 100

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ShipBob

SEPTEMBER 27, 2021

When creating an online marketing strategy for an ecommerce business, there are numerous considerations — including budget, growth trajectory, where you sell (in terms of channels and countries you ship to), the products you sell, and much more. To alleviate issues like these, partnering with the right 3PL company is essential.

Inventory Reduction 52

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Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. The latter was so severe that cargo ships had to run at half their usual capacity. In the case of manufacturers, it means procuring green and sustainable raw materials. While the COVID-19 pandemic brought down CO2 emissions by 5 percent —to 34.81 Green packaging.

Negotiating Skills 52

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ShipBob

MARCH 16, 2022

This is why fill rate is an important metric that ecommerce businesses should track. Fill rate, also called order fulfillment rate, is the percentage of orders that you can ship from your available stock without any lost sales, backorders, or stockouts. That means: Fill Rate = (Total Orders Shipped / Total Orders Placed) x 100.

Optimal Sourcing 98

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ShipBob

NOVEMBER 15, 2021

In this article, we will discuss what logistics planning is, why it’s important for ecommerce, tips on how to optimize your logistics plan, and how a 3PL like ShipBob can help facilitate business growth by handling all internal and external logistics processes. What is logistics planning?

Supply Chain Planning Software 98

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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

FLEXE

JUNE 14, 2018

Assumptions and intuition don’t drive business decisions, quantifiable metrics do. Do they want fast shipping? Free shipping? According to a UPS report, 74% of consumers say “free shipping” is the most important delivery option and 44% will choose a slower ship time if it means it’s free.

Procurement Analytics 34

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FLEXE

JUNE 14, 2018

Assumptions and intuition don’t drive business decisions, quantifiable metrics do. Do they want fast shipping? Free shipping? According to a UPS report, 74% of consumers say “free shipping” is the most important delivery option and 44% will choose a slower ship time if it means it’s free.

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. The machine learning algorithms in IBM’s Watson platform were able to determine if a shipping container and.or

Supply Chain Planning Software 73

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ShipBob

APRIL 15, 2024

That’s why you need to closely measure metrics such as gross margin return on investment (GMROI). This metric doesn’t just account for the cost of buying inventory. These two metrics can be calculated using their respective formulae. ShipBob provides a lot of distribution metrics, and everything presented is useful.”

Inventory Reduction 52

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Ware2Go

OCTOBER 28, 2021

Understanding the difference between a 3PL and 4PL is the first step to finding the perfect outsourced logistics partner. What is a 3PL and 4PL? In researching outsourced fulfillment options, you may have come across the terms 3PL (third party logistics) and 4PL (fourth party logistics), sometimes even used interchangeably.

3PL 52

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ShipBob

NOVEMBER 24, 2021

Fulfillment managers oversee all fulfillment -related activities in an ecommerce company, — including order processing and confirmation, inventory tracking and planning, picking, packing, and shipping preparations — to ensure that all orders are received, packaged, and delivered accurately and in a timely manner.

Optimal Sourcing 52

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ShipBob

SEPTEMBER 3, 2021

Though the pandemic isn’t forever, the push towards digital transformation will continue to support retailers as they build supply chain resilience and be prepared for almost anything — a sudden influx in demand, logistics procurement disruption, natural disasters, or a warehouse closure. What is supply chain transformation?

Supply Chain Planning Software 97

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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

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NC State SCRC

APRIL 27, 2016

Will digitization change the way we measure things and monitor metrics? A problem in procurement can impact manufacturing and logistics and planning, but often these dots are never connected, so there never emerges a cross-functional approach to working on them.

Sourcing Strategies 40

Sourcing Strategies Material Savings Cost Reduction Strategies Real-time Visibility 40

FLEXE

DECEMBER 11, 2016

I’m Nerijus Poskus — Director of Pricing and Procurement at Flexport. Basically, responsible for ocean freight carriers, ocean ships that rely on truck companies. So if you operate a warehouse, if you rely on 3PL to operate your warehouse, we are a networked marketplace of, essentially, 3PL services.

Modeling Software 31

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ShipBob

AUGUST 30, 2021

Supply chain analytics refers to the collection of data and information that provide insights into logistics performance, from inventory management to fulfilling and shipping orders. . Supply chain analytics allow you to keep a close eye on supply chain performance, from warehouse receiving to shipping. Optimize your supply chain.

Prescriptive Analytics Software 52

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ShipBob

DECEMBER 3, 2021

While this position goes by several other job titles (such as “Logistics Director”, “Head of Logistics”, and “Director of Supply Chain”), its basic purpose is always the same: to manage every step in the supply chain, including procurement , production, inventory management , fulfillment, and shipping.

Negotiating Skills 52

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Enterra Insights

SEPTEMBER 12, 2019

Lack of Inventory Visibility and Metrics. Selecting the right shipping method for the right customer situation is essential to omnichannel logistics.” Implementing 3PL Strategy. As a result, Legacy staffers note retailers need to partner with trustworthy 3PL providers. They are: 1. Reverse Logistics.

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