Supply Chain Collaborator

OCTOBER 17, 2017

The third party logistics (3PL) model, while critical to smaller, low-volume shippers, has never been the best option for organizations shipping moderate-to-high volumes of freight. Purveyors of logistics IT solutions have been warning of the shortcomings of 3PL tech for years. They’re designed mostly to automate tendering processes.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Software Modeling Software Logistics Network Optimization Software 60

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. Your stakeholders can: Align sourcing, purchasing, logistics, and I.T. Sourcing uses P.O.

Pricing Training 145

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 145

Turvo

SEPTEMBER 16, 2021

Seven ways Turvo helps build a more sustainable supply chain for third-party logistics providers (3PLs), shippers of raw materials and finished goods, and their end customers. The Environmental Protection Agency (EPA) reported that carbon emissions from heavy-duty trucks are the fastest-growing contributor to overall emissions in the U.S.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Analytics Software Supply Chain Network Software 70

MAVES

JUNE 24, 2019

Companies that manufacture and distribute goods are relying more and more on the agility of their 3PL partners to provide the appropriate services to keep their supply chain efficient and their customers happy. Advanced Analytics / Metrics. to name a few. Transparency and Data Visibility. Automation of the Supply Chain.

Supply Chain Software 40

Supply Chain Software Supply Chain Planning Software Logistics Network Optimization Software Analytics Software 40

Locus

DECEMBER 16, 2021

Brands such as Kering and Hermes reported sales going up by 46% and 26% respectively in 2021. . According to a McKinsey report, one in every eight businesses suffered supply shortages as a consequence of the pandemic in 2021. A 3PL solution for the fashion supply chain. Sources: [link] [link] [link] [link].

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 52

Supply Chain Movement

MARCH 6, 2013

A substantial 2,342 industry executives provided usable responses to the survey, including users and nonusers of 3PL services as well as 3PL providers. Nearly three in five (58%) shippers are reducing or consolidating the number of 3PLs they use. Many 3PL-shipper relationships are not set up to support innovation.

Third Party Logistics 60

Third Party Logistics Logistics Network Optimization Software Cost Reduction Strategies Inventory Reduction 60

Zipline Logistics

JUNE 15, 2021

As industries evolved to meet the needs of modern consumers, the supply chain has become a reliable source of competitive advantage. It continues, “Some companies must address their inherent mistrust of 3PLs. However, these diminishing on-time metrics did not plague shippers that worked with logistics partners on a strategic level.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Logistics Network Optimization Software Optimal Sourcing 52

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. High stockout costs combined with low OTIF scores can also help to pinpoint the source.

Optimal Sourcing 52

Optimal Sourcing Real-time Visibility Procurement Analytics Supply Chain Planning Software 52

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 132

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 132

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

Zipline Logistics

DECEMBER 1, 2020

According to a report from food consultants Baum and Whiteman , 83 percent of adult Americans are making a concerted effort to add more plant-based foods to their diet. Those cutting-edge technologies are enabling companies to create personalized nutrition plans for users based on biological metrics. Increased Sourcing Transparency .

Food 52

Food Trends Manufacturing Procurement Procurement Analytics 52

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. Source: Statista.com. Planning : Processes are designed to reduce emissions and meet demand with ethical sourcing. Ethical sourcing of goods. While the COVID-19 pandemic brought down CO2 emissions by 5 percent —to 34.81 parts per million. Download Now!

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

ShipBob

AUGUST 5, 2020

Source your products. Before you build an online store, you need to source your products. There are several avenues you can take to source products from working with local stores or suppliers to wholesale distributor options. Last year, Shopify reported 218 million buyers in total made a purchase on a Shopify store.

Purchasing Skills 99

Purchasing Skills Manufacturing Procurement Sourcing Strategies Optimal Sourcing 99

Intelligent Audit

FEBRUARY 3, 2022

Understand data-driven metrics and KPIs within the freight bill auditing services ’ software. For example, Inbound Logistics reported that freight audits resulted in 12-16% savings in 2019. When shipments are not weighed at pick up but simply estimated by the driver or 3PL, there is an increased risk of invoice mistakes.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

IQMS

OCTOBER 18, 2019

Source: Machine Learning – A Giant Leap for Supply Chain Forecasting, Material Handling and Logistics Conference (PDF, 28 pp., Source: Machine Learning & AI in Transport and Logistics, Frank Salliau & Sven Verstrepen Logistics Meets Innovation Vlerick Brussels – Nov. no opt-in). 15th, 2017 (PDF., no opt-in). no opt-in).

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

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 204

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 204

Zipline Logistics

SEPTEMBER 21, 2021

These are report cards that grade suppliers on quality and performance, looking at common metrics like on-time delivery, inventory management, missed shipments, lead time, costs, etc. A good 3PL will work with retail-specialized carriers and warehouses as well as ensure all internal parties are working cohesively to meet OTIF.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction Sourcing Strategies 52

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. What is a lean supply chain? Data-driven decision-making.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Talking Logistics

FEBRUARY 22, 2013

According to the press release: Transplace leverages the CombineNet ASAP® advanced e-sourcing technology as part of its expert solutions, helping customers develop and optimize their carrier strategy for procurement events involving truckload, less-than-truckload (LTL), and intermodal needs.

Optimal Sourcing 100

Optimal Sourcing Logistics Network Optimization Software Manufacturing Procurement Supply Chain Design Software 100

Logistics Bureau

FEBRUARY 13, 2018

My first step was to engage Benchmarking Success (BMS) to understand what the “best” for each business really meant from an independent source. We set our performance targets according to the best-in-class metrics and I ended up helping these three companies successively achieve demonstrable best-in-class supply chain performance.

Benchmarking 40

Benchmarking Thailand Asia Malaysia 40

Supply Chain Game Changer

NOVEMBER 19, 2018

If you sell on Amazon and want to outsource your fulfillment, here are 7 pitfalls to consider before you choose FBA over an independent 3PL provider. The inventory that’s on the shelves and logged into the system is the inventory your 3PL warehouse can pick, pack and ship to your customers. Amazon FBA Inventory Woes.

Florida 43

Florida Sourcing Strategies Inventory Reduction Material Savings 43

FLEXE

JUNE 14, 2018

Assumptions and intuition don’t drive business decisions, quantifiable metrics do. 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. Hiring a third-party logistics (3PL) provider. Do they want fast shipping?

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

FLEXE

JUNE 14, 2018

Assumptions and intuition don’t drive business decisions, quantifiable metrics do. 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. Hiring a third-party logistics (3PL) provider. Do they want fast shipping?

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

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

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 96

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Company 96

GlobalTranz

AUGUST 25, 2015

Staff may sense that they're at risk of replacement by way of sourcing the business function to a new external team who become, in effect, an appendage of the business. Third-Party Logistics (3PL). To accomplish meaningful freight costs savings, a transportation manager must serve as much more than a metrics monitor (a.k.a.

Negotiating Skills 120

Negotiating Skills Cost Reduction Strategies Transportation Management Resource Reduction 120

ShipBob

SEPTEMBER 3, 2021

This article offers a roadmap in how to move forward with supply chain digital transformation, and how partnering with a 3PL like ShipBob can help. . This includes the implementation of the latest logistics innovations , such as automation, data and analytics reporting, robotics, and AI learning. What is supply chain transformation?

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Inventory Management Software 97

The Lean Supply Chain

JULY 7, 2015

While yard tractors carry out their regular duties, attached GPS-enabled RFID readers recognize trailers by the tags, and report the location data in real time. RTLS also enables management to monitor yard operations’ key performance indicators (KPIs) based on quantifiable productivity metrics measured by the actions of the yard trucks.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Modeling Software Demand Planning Software 40

GlobalTranz

OCTOBER 19, 2015

Additionally, some level of predictability helps in the carrier sourcing aspect of the business too. Too often the 3PL and shipper are not aligned on the expectation of shipment tracking. Does the 3PL have technology for effective transportation management allowing for the ease of communication?

Transportation Management 120

Transportation Management Resource Reduction Cost Reduction Strategies Optimal Sourcing 120

ShipBob

AUGUST 30, 2021

Supply chain analytics software refers to a technology solution that integrates data from different sources and parts of the supply chain, including third-parties. Many times, it provides not just raw data but visualizations that can be easily viewed and interpreted from a single dashboard, as well as custom reporting tools.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

ShipBob

DECEMBER 3, 2021

Logistics Directors are key leaders for day-to-day operations teams, with supply chain managers, supervisors, and employees reporting to them. The Director of Logistics themselves usually reports directly to the executive management levels in an organization. Experience in analyzing metrics and data-driven decisionmaking.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing 52

Turvo

JULY 27, 2021

A report based on a survey by Finances Online found that the most critical inventory management practices for companies were forecasting (61.3%), warehouse management (50%), logistics (46.8%), and back-end technology (32.3%). Transparency into the accounting processes, including carrier and 3PL payments.

Real-time Visibility 90

Real-time Visibility Supply Chain Software Supply Chain Network Software Analytics Software 90

Unleashed

APRIL 12, 2023

Learn more: 12 Warehouse Metrics & KPIs You Should Be Tracking 3. B2B 3PL vs. B2B 4PL services Third-party logistics (3PL) is a service model where manufacturers maintain control of their supply chain and outsource transportation and logistics operations. Fourth-party logistics (4PL) services manage the entire supply chain.

Supply Chain Planning Software 52

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

Talking Logistics

JANUARY 11, 2019

Source: “Competing on Customer Experience: The Driving Force Behind Supply Chain Innovation,” Adelante SCM & BluJay Solutions, 2018. Therefore, it’s not surprising to see the continued investments and developments in this area.

Logistics Network Optimization Software 101

Logistics Network Optimization Software Predictive Analytics Software Supply Chain Software Optimization Software 101

CH Robinson Transportfolio

NOVEMBER 25, 2019

million metric tons annually. Unfortunately, alternative fuel sources are not readily available on a large scale at this time. That said, if a ship cannot obtain compliant fuel oil, they can complete a fuel oil non-availability report (FONAR). That’s 8.5 Several options available for reducing sulphur emissions.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Sourcing Strategies Third Party Logistics 45

Unleashed

JUNE 23, 2021

For growing businesses the cost of operating warehouses and owning vehicles can be limiting – so for SMEs in particular third-party logistics (3PL) are an attractive solution. Technology such as cloud software and IoT has made 3PL a more appealing offer in recent years, leading to strong growth in this sector. Inventory Analytics.

Inventory Management Software 80

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

Intelligent Audit

MAY 19, 2022

This is according to an early 2022 report from Logistics Management. When managing freight costs, shippers need to watch vital metrics and the various granular data points accessible. Consider Working With a 3PL. Carrier standards and metrics are a critical piece of the puzzle known as effective cost management. .

Logistics Network Optimization Software 52

Logistics Network Optimization Software Optimal Sourcing Freight Expense Reduction 52