ModusLink Corporation

MARCH 30, 2023

Unlike the forward view, reverse logistics follow the opposite process. Understanding such processes begins with understanding the facts of the reverse logistics meaning and process, its common mistakes, and a few best practices for maximizing their value. Provide customers with a trackable return shipping option.

Sourcing Strategies 78

Sourcing Strategies Reverse Logistics Inventory Reduction Cost Reduction Strategies 78

The Logistics of Logistics

SEPTEMBER 22, 2021

In the podcast interview, Joe and Marty discuss transportation vs logistics, even though those words are used interchangeably, they mean different things. According to Council of Supply Chain Professionals, a Third Party Logistics (3PL) Provider is “A firm which provides multiple logistics services for use by customers.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Transportation Supply Chain Planning Software Warehousing 130

ShipBob

AUGUST 16, 2021

In order to keep up with the unprecedented volume in such a short time span, it’s important you have the right shipping strategy and fulfillment processes in place. In this article, you will learn about the common challenges DTC brands face during peak shipping season, and how you can prepare your online store for success.

Shipping 98

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Vinculum

APRIL 2, 2020

In fact, by 2020, the 3PL market can be estimated as high as $935 billion, mostly because of ecommerce outsourcing. In industry parlance, third party logistics provider is the service provider to whom logistics requirements are outsourced. Need for Third Party Logistics Outsourcing. Present Retail Trend.

3PL 52

3PL Third Party Logistics Retail Logistics Network Optimization Software 52

Logistics Bureau

JUNE 20, 2016

Without a dedicated management focus, reverse logistics can impact supply chain costs substantially. Many of the costs associated with reverse logistics are hidden, making this a bountiful hunting ground for supply chain cost reductions, for those who dare to go looking. Transport and shipping costs.

Cost Reduction Strategies 40

Cost Reduction Strategies Reverse Logistics Material Savings Supply Chain Software 40

3PL Insights

FEBRUARY 14, 2023

The flow of finished goods in retail logistics is a multi-step process, encompassing inventory management, order fulfillment and shipping, and returns management. These orders can go to storefronts or be shipped direct-to-consumer. Returns Management A simple and easy return policy can make a big difference in retail logistics.

Logistics Network Optimization Software 92

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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

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

Locus

DECEMBER 22, 2021

With last-mile delivery costs contributing to more than 50% of total shipping costs, the rising expectations in home delivery increases the risk of encountering inefficiencies. Many businesses have started to adopt last-mile delivery technologies into their logistics operations and this trend will increase in 2022.

Logistics Network Optimization Software 52

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ModusLink Corporation

MAY 25, 2022

Reverse Logistics and Performance. Reverse Logistics is thus an important element to look out for and should always be considered due to the high brand impact potential. Make sure to review the performance metrics of the Fulfillment service provider on Reverse Logistics in detail to avoid surprises.

Reverse Logistics 78

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SCMDOJO

JULY 24, 2023

In this blog, we will answer the question: what is Contract Logistics, and explore its definition, solutions, challenges, and opportunities, understanding why Contract Logistics is considered as the hub of logistics today and how it can help businesses thrive in an ever-evolving market.

Logistics Network Optimization Software 92

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 92

Freightos

OCTOBER 26, 2020

Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. The Post-2016 Strategy: End-to-end Shipping. Maersk would split into two divisions – a Transport & Logistics division, and an energy division.

Logistics Network Optimization Software 287

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Price Reduction 287

Locus

JUNE 16, 2023

This phase isn’t just a logistical necessity—it swallows up between 40-55% of total shipping costs. Read also: Tackling Vehicle Idling in Last-Mile Logistics 4. Reverse logistics costs: Returns and product replacements significantly impact operational costs.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

GlobalTranz

JULY 14, 2021

From this pool point, orders are shipped via LTL to end customers. Shipping by rail compared to OTR modes can offer double-digits savings. Aggregated together, these orders can ship via a more cost-effective LTL rate. Transit time should not be impacted in this model. per mile, the cost of the shipment is $1,050.

Transportation Management 156

Transportation Management Modeling Network Optimization Price Mitigation Strategies 156

Enterra Insights

JANUARY 5, 2022

According to the Flat World Global Solutions staff, “Labor deficits, raw material shortages and e-commerce businesses driving up demand are all leading to increased shipping and transportation prices.” One of the inflationary trends driving up 2021 end-of-year prices was the cost of logistics. billion by 2027. Footnotes. [1]

Supply Chain Software 100

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GlobalTranz

AUGUST 18, 2015

With an ever-increasing pool of third-party logistics (3PL) providers to outsource shipping needs to, understanding how to select the best 3PL is the difference between reaching your existing customers and gaining a new market share. This leads one eventual question: what managed IT services are offered by the 3PL?

Logistics Network Optimization Software 120

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3PL Insights

NOVEMBER 7, 2019

Our years of expertise in warehousing, packaging, fulfillment, and small-parcel shipping makes us an excellent partner to a growing online business. High parcel rates due to low bargaining power as a an individual seller Fulfilling through a 3PL, like Evans, as part of a larger packaging and storage agreement. Final Thoughts.

Reverse Logistics 40

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Locus

JUNE 15, 2023

3PLs Will Be Key for SCM A recent study projected that the 3PL market size could expand to $2.3 This growth is primarily driven by retailers, FMCGs, and others who don’t have a dedicated fleet and therefore rely on 3PLs & CEPs for delivery. Shippers must consider reverse logistics to reduce the cost of returns.

Cost Reduction Strategies 52

Cost Reduction Strategies SCM Supply Chain Planning Software Price Mitigation Strategies 52

ShipBob

AUGUST 11, 2023

They handle inventory management , order management , picking , packing, shipping, and even returns. HAZMAT warehouses HAZMAT warehouses are specialized facilities designed for storing and shipping hazardous materials. Reverse logistics warehouses Reverse logistics warehouses are designed to manage returned items.

Warehousing 52

Warehousing Supply Chain Design Software Inventory Reduction Cost Reduction Strategies 52

6 River Systems

AUGUST 23, 2022

It negatively impacts your ability to store, pick, package and ship out customers’ orders accurately and on time. Outsource to competent 3PL operators. One way to avoid dealing with the hassle of fulfillment management is outsourcing your supply chain to a 3PL. Improve reverse logistic operations.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Resource Reduction Supply Chain Software 52

Enterra Insights

SEPTEMBER 12, 2019

Selecting the right shipping method for the right customer situation is essential to omnichannel logistics.” Reverse Logistics. About a third of all products purchased online are returned — making reverse logistics critical for successful omnichannel operations. Implementing 3PL Strategy.

Omnichannel 100

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3PL Insights

JULY 16, 2019

When referring to logistics, value added services are extra actions that a 3PL can provide to make the shipping process easier or more efficient. Depending on what your product is, this could be anything between the 3PL receiving the product, to when it arrives to your customer. Pallet Restacking-. Quality Inspection-.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Cost Reduction Strategies Material Savings 3PL 40

Supply Chain Game Changer

JUNE 3, 2021

Value-added services are services that go above and beyond what your 3PL company already provides. Types of Value-Added Service for Logistics and SCM. The purpose of a third-party logistics (3PL) firm is to provide a completely integrated solution for all logistics and supply chain requirements. – Assembly.

Logistics Network Optimization Software 97

Logistics Network Optimization Software SCM Supply Chain Planning Software Supply Chain Design Software 97

Logistics Bureau

APRIL 3, 2023

But for now, let’s focus on logistics outsourcing. With that in mind, here are some ways to target supply chain service improvements by working with a 3PL. Here too, logistics outsourcing could help. For example, a 3PL can provide real-time tracking and reporting on the status of your inventory, shipments, and deliveries.

Optimal Sourcing 73

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3PL Insights

DECEMBER 13, 2021

Easy and seamless returns process Free return shipping Alternative or convenient drop-off locations Quick refunds Effective communication Status updates throughout the process. Working with a 3PL expert, like Evans Distribution Systems, can help mitigate these issues. Designing a joyful returns management process isn’t always easy.

Supply Chain Design Software 98

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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). Improved centralization of all shipping processes. You might be inclined to say, “Yes.”

Logistics Network Optimization Software 125

Logistics Network Optimization Software Transportation Inventory Management Software Forecasting Software 125

Unleashed

JUNE 14, 2022

Returns are also a key part of fulfilment – commonly referred to as reverse logistics. Arrangements for shipping after an order is made. The fulfilment process involves a series of steps, only at the end of which are shipping and returns Why is ecommerce fulfilment so important for SMEs?

Inventory Reduction 98

Inventory Reduction Material Savings Resource Reduction Cost Reduction Strategies 98

Freight Center

NOVEMBER 22, 2019

The shipping industry is always guaranteed to be kept on its toes when it comes to Black Friday and Cyber Monday logistics. But just how are companies impacted in the way they set up their shipping departments during the busiest weekend in e-commerce? Black Friday logistics can be a huge challenge for supply chains everywhere.

Logistics Network Optimization Software 43

Logistics Network Optimization Software Material Savings Inventory Reduction Logistics 43

Logistics Bureau

OCTOBER 11, 2021

Raw materials, ingredients and components, and packaging materials can sometimes be challenging to obtain, and production or shipping delays are currently commonplace. 3PL Decision-Making. What’s the right balance of in-house and outsourced logistics? It can be a difficult question to answer.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Material Savings Negotiating Skills Inventory Reduction 52

GlobalTranz

JULY 29, 2015

Consider the many shippers who have outsourced transportation management and other logistics functions to third-party logistics (3PL) providers the past few years. third party logistics industry was at a healthy 4.5 Worldwide, four specific industries will account for much of the upcoming 3pl growth.

Transportation Management 120

Transportation Management Transportation Report Demand Planning Software 120

Locus

JUNE 23, 2023

With an efficient order fulfillment process, businesses can reduce their shipping costs and improve their turnaround times which helps them increase their sales and revenue. It is necessary for warehouse staff to check if items are safely packed and well-protected during transit and meet shipping requirements like weight size or size limits.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Vendor Strategies 52

Locus

MARCH 4, 2024

Carrier network: TMS offers a vast carrier network, however it might not come with pre-loaded carriers and trying to integrate with multiple external 3PL/CEP systems might be risky due to security concerns. Since this is a manual process, shipping errors are inevitable, making the entire process expensive and time consuming.

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Optimization Software Supply Chain Network Software 52

Unleashed

NOVEMBER 1, 2021

Brands such as Amazon are generally capable of meeting these demands (remember that 30-minute delivery we mentioned above), which means smaller logistics companies must be able to keep up or else risk losing business. Learn more: Reverse Logistics: What is it, and Why is it So Important?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Trends 98

20Cube Logistics

JANUARY 16, 2022

E-commerce has seen an increase in consumers demanding two main factors: lower costs and faster shipping times. Retailers are faced with the balancing act of minimizing shipping costs whilst also optimizing shipping speeds. Consumers want a seamless returns experience, which demands for smarter reverse logistics processes.

Modeling 54

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GlobalTranz

SEPTEMBER 14, 2016

This is comparable to the Holy Trinity of Manufacturing and Shipping discussed earlier this year in previous blog posts. However, 48 to 72 hours would be an ideal lead time, reports Steve Raetz of Logistics Viewpoints. This does not mean shipping a product immediately. In other words, a 3PL may have existing agreements with U.S.

Material Savings 120

Material Savings Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 120

ShipBob

OCTOBER 4, 2021

When executed manually, human errors in the warehousing picking , packing and shipping process are likely to creep in. . For example, tech-enabled 3PLs integrate inventory tracking systems with a warehouse inventory management solution. Reduces human errors. Warehousing is a complex and volume-driven process with many moving parts.

Warehousing 52

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Shipsy

MARCH 16, 2021

The processes involved in this type of logistics include: Procuring raw material Generating receipts of goods received Reverse logistics. Outbound logistics. Both these logistics play a pivotal role in streamlining a business logistics and ensuring customer satisfaction.

Optimal Sourcing 52

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ShipBob

JULY 2, 2021

With on-demand logistics on the rise (due to high standards and expectations around accurate, fast, and reliable delivery), technology continues to play a tremendous role in supply chain efficiency. How to Choose a 3PL for Your Ecommerce Business. Automated shipping. Many tech-enabled 3PLs offer automated shipping solutions.

Supply Chain Planning Software 98

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