GlobalTranz

JANUARY 4, 2017

In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider. This two-part blog series will take you thru the RFP questions along with the answers you'd expect to see from the 3PL. Customer metrics. 3PL Answer 1. The Client Details.

Modeling 261

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 261

Logistics Viewpoints

FEBRUARY 2, 2023

How 3PLs Can Gain Visibility and a Competitive Advantage Offering Automated Billing and a Self-Service Interactive Customer Portal It’s hard to imagine a third-party logistics (3PL) business today operating without some form of a warehouse management system ( WMS ) connecting the digital dots.

Supply Chain Planning Software 273

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 273

GlobalTranz

DECEMBER 22, 2014

Today, we kick off our annual year end series highlighting the top blog posts in each of our 7 main categories: Manufacturing , Supply Chain , Logistics , 3PL , Business , Transportation , Freight. Finally, the top 10 list was rounded out safety and metrics. These will only contain posts written in 2014. Read Full Post.

Manufacturing 325

Manufacturing Czech Republic Logistics Network Optimization Software Mexico 325

ShipBob

JUNE 9, 2025

You’re ready to outsource to a 3PL. This post gives you an in-depth guide to what a 3PL RFP is, why it’s important, and how to write one for your business. What is a 3PL RFP (request for proposal)? Why does the 3PL RFP process matter? Adelina Zotta & Connor Westby, Co-Founders of NutriPaw What is a 3PL RFP used for?

3PL 52

3PL Negotiating Skills Logistics Network Optimization Software Inventory Reduction 52

GlobalTranz

JULY 28, 2021

Additional opportunities can be reached through transportation optimization whether using a 3PL or 4PL. That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance. Defining Transportation Optimization.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

GlobalTranz

JULY 5, 2016

It was also evident that many folks wanted more information around KPIs and Metrics, as our top 5 included two posts from this sub-category. e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs. This model, I like to call an "embedded 3PL relationship."

Logistics Network Optimization Software 209

Logistics Network Optimization Software Logistics Supply Chain Design Software Modeling Software 209

GlobalTranz

DECEMBER 30, 2014

Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible? To add insult to injury, they also rarely have reporting mechanisms to properly monitor those expenses.

Logistics Network Optimization Software 305

Logistics Network Optimization Software Expense Reduction Supply Chain Planning Software Modeling Software 305

4WL Consulting

MARCH 17, 2016

Working with a managed transportation services provider (3PL) is an excellent way for shippers to improve their logistics operation and reduce costs. Qualified providers will establish and report on KPIs based on the service metrics most relevant to your company. What’s the ROI? What level of service can we expect?

3PL 100

3PL Negotiating Skills Logistics Network Optimization Software Eliminating Excel in Purchasing 100

SCMDOJO

JUNE 14, 2023

In today’s competitive market, the successful operation of a business hinges on the smooth integration of various processes and information management systems, especially when it comes to 3PL integration. Thankfully, outsourcing logistics services to a reliable third-party logistics provider (3PL) can make a significant difference.

3PL 105

3PL Supply Chain Design Software Prescriptive Analytics Software Inventory Management Software 105

GlobalTranz

MAY 20, 2015

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. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

GlobalTranz

AUGUST 29, 2016

Much talk about sales, automation and improved processes dominate the conversation when considering outsourcing logistics processes to a transport and logistics providers or using a 3PL-based transportation management system (TMS). In reality, the actual savings and return tend to be closer to 10 percent, reports Inbound Logistics.

Logistics Network Optimization Software 192

Logistics Network Optimization Software Transportation Inventory Management Software Forecasting Software 192

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

Third Party Logistics Logistics Network Optimization Software 3PL Inventory Management Software 98

Talking Logistics

JULY 24, 2017

The market is now at the point where providing real-time visibility to your customers, whether you’re a shipper, freight broker, or 3PL, is now table stakes to be in this industry.”. More stringent customer delivery requirements is certainly one factor, with On-Time In-Full (OTIF) becoming a more critical metric.

Real-time Visibility 0

Real-time Visibility Demand Planning Software Freight Supply and Demand 0

Logistics Viewpoints

OCTOBER 25, 2021

Here “near real-time” is defined as a refresh of key metrics every five minutes. The real-time reporting of work was weaker than expected.”. The customers at the conference included very large food & beverage companies, the largest 3PL in the world, and companies from other industries as well.

Real-time Visibility 257

Real-time Visibility Analytics Software Supply Chain Planning Software Demand Planning Software 257

GlobalTranz

OCTOBER 19, 2015

One of the most overlooked success factors to shipment tracking is simply defining what the expectation is between your own company, the receiver of the goods, a 3PL, and your carrier partners. Too often the 3PL and shipper are not aligned on the expectation of shipment tracking. Do you even first understand your own needs?

Transportation Management 120

Transportation Management Resource Reduction Cost Reduction Strategies Optimal Sourcing 120

Supply Chain Game Changer

MAY 2, 2019

Growing e-commerce fulfillment demands and costs have collided to bring about an uptick in average 3PL fulfillment prices within the outsourced fulfillment industry, as was evidenced by FulfillmentCompanies.net’s annual poll of 500+ warehouses across the US. 3PL Fulfillment Prices & The Cost to do Business are Rising.

Negotiating Skills 67

Negotiating Skills Purchasing Skills 3PL Warehousing 67

Talking Logistics

OCTOBER 29, 2013

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. Understand technology, information, and reporting tools and how to use them in the business.

Pricing Training 166

Pricing Training Purchasing Skills Purchasing Training Supply Chain Planning Software 166

GlobalTranz

MAY 6, 2015

There should be metrics involved to monitor these objectives to ensure success across the supply chain. These metrics should be reviewed frequently to ensure supply chain success. The New Role of the 3PL. Create a Quarterly Business Review (QBR) in concert with your 3PL partner to manage Transportation.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

Talking Logistics

JULY 19, 2013

As I’ve commented in previous postings, if you are a 3PL or transportation company and you’re not involved in cross-border shipping with Mexico, then you are missing out on a growing business opportunity (see Reuters article from December 2012).

Logistics Network Optimization Software 153

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 153

Kanban Logistics

FEBRUARY 27, 2020

While you can build and staff your own warehouse and perform these services yourself, more and more companies see the value in handing warehousing operations off to a third-party logistics (3PL) provider. In this article, we’ll examine all that 3PL warehousing entails, while helping you find a 3PL partner that’s right for your business.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

GlobalTranz

AUGUST 31, 2018

The 2018 State of Logistics Report , sponsored by 3PL Central , indicates warehousing models are evolving at a phenomenal rate. Use metrics and Big Data analytics for performance measurement and improvement, explains Inbound Logistics. Use an automated storage and retrieval system (ASRS).

Supply Chain Design Software 149

Supply Chain Design Software Warehousing Analytics Software Forecasting Software 149

ShipBob

JANUARY 23, 2023

Many brands have turned to a tech-enabled third-party logistics (3PL) company to help reduce costs by tapping into the technology and infrastructure needed to optimize the last-mile delivery phase. 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 Shaman

FEBRUARY 23, 2015

The people on the ground–my contacts in the 3PL, freight forwarding and transportation industry–know that the labor strife is only a part of the larger story. And, most report that the port authorities are sugar-coating the real issues. In my interviews, some say August. It is not trivial. The ships are getting larger.

Long Beach 150

Long Beach Los Angeles Supply Chain Design Software Supply Chain Design 150

The Logistics of Logistics

AUGUST 29, 2019

At one point while working for a 3PL, I did a lot of work in retail. [04:37] Instead of working with a 3PL, we hired everyone that we needed ourselves. [11:47] 11:47] Up until July of this year, Saudi Aramco was their own 3PL. 13:34] You had to choose a 3PL for the world’s largest company. It’s Saudi Aramco.

Saudi Arabia 113

Saudi Arabia Logistics Network Optimization Software Company Procurement Analytics 113

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. When we talk about global supply chain visibility we are referring to:

3PL 54

3PL Freight Procurement Analytics Negotiating Skills 54

Logistics Bureau

SEPTEMBER 28, 2020

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains. The Differences between 4PL and 3PL. What is 3PL? What is 4PL?

Logistics Network Optimization Software 98

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Company 98

Talking Logistics

MARCH 2, 2017

Next, align your service level expectations by rewarding outstanding performance and standardizing metrics about on-time delivery, invoice accuracy and communication. Last but not least, create efficiencies and offer value to your carriers, shippers and 3PL, such as reducing costs and improving carrier margins, among others.

Capacity 0

Capacity Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 0

ToolsGroup

SEPTEMBER 25, 2019

Digital transformation is not seen as a singular activity but a set of interrelated activities that span across people, process, technology, policy, and metrics,” said George Fowler, group vice president in Spinnaker’s Supply Chain business unit. To access the full report, please visit www.ToolsGroup.com/DT-survey . ###.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Optimal Sourcing 136

Ware2Go

MARCH 25, 2022

Most small to mid-sized merchants looking to outsource their fulfillment start with a 3PL. However, 3PLs are typically regional providers, and in order to establish a nationwide footprint, many small to mid-sized merchants end up cobbling together multiple 3PL’s, complicating their supply chain and fulfillment operations.

Shipping 140

Shipping Supply Chain Network Software How To Warehousing 140

Talking Logistics

JULY 6, 2017

A reporter recently asked me how, in my view, the shipping industry would make money in the coming years. Similarly, a 3PL applies AI to predict with a higher-degree of confidence and accuracy the ETA for door delivery and inland location. In the past, growth came from scale: mega-ships, port infrastructure, and buffer.

Predictive Analytics Software 133

Predictive Analytics Software Logistics Network Optimization Software Forecasting Software Demand Planning Software 133

Talking Logistics

NOVEMBER 17, 2015

Do you have the right metrics? Metrics show how your supply chain is performing – providing they are the right ones to do the job. Inappropriate metrics can give a false or incomplete picture of supply chain performance. Second, what metrics are the best indicators of performance in terms of these goals?

Supply Chain Software 100

Supply Chain Software Supply Chain Optimization Supply Chain Strategy Supply Chain Network Software 100

Material Handling & Logistics

DECEMBER 14, 2018

According to a recent KPMG report, trust levels aren’t high among executives. The global tax and advisory firm surveyed nearly 2,200 senior executives worldwide and found that just over a third (35%) reported a “high level of trust” in their company’s data and analytics usage. Getting There.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

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

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

Logistics Bureau

DECEMBER 29, 2024

There’s a range of different ways you can look at a 3PL audit. We’re going to look at the different elements that may make up part of a 3PL audit so you can get an idea of exactly what one entails, and whether it’s a good idea for you to be considering one for your company. But what kind of process does it follow?

3PL 75

3PL Inventory Management Software Logistics Network Optimization Software Quality 75

Intelligent Audit

JULY 19, 2022

Regardless of whether a load gets delivered on time with clean bills, or if there is an issue, shippers need oversight and can use OSD reports to ensure they get the right information. . What Is an OSD Report ? An Over, Short, and Damaged (OSD) report provides shippers with data that tracks damaged or miscounted loads.

Report 52

Report Supply Chain Planning Software Predictive Analytics Software Supply Chain Software 52

ShipBob

JULY 2, 2021

How to Choose a 3PL for Your Ecommerce Business. So far, 61% of executives reported reduced costs and 53% stated increased revenues after implementing AI into their supply chains. We monitor the ShipBob dashboard on a daily basis, can view our fulfillment metrics at any time, and see if orders are fulfilled accurately.”.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 98