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Transport Management System: Making your Logistics Supply Chain Successful

20Cube Logistics

With the constant technology evolution, the supply chain logistics is being introduced to a new and innovative way of shipping consignments. The future of shipping lies the way the technology is conceived and adopted to automate manual processes.

Drop Shipping: A Perfect Fit for Supply Chain Operating Networks

Talking Logistics

As reported last month by Jennifer Smith in the Wall Street Journal , “A growing number of retailers are relying on suppliers to ship online orders directly to customers, a strategy they hope will help them compete with e-commerce rivals without spending more on inventory. The practice, known as drop shipping, lets retailers offer more products for sale on their websites—such as multiple colors of the same sweater—without having to keep those items in stock.

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Supply Chain and Logistics Predictions for 2016

Talking Logistics

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. Making supply chain and logistics predictions is like throwing darts at a moving target. How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Like oil prices, interest rates impact supply chain policies and decisions, especially with regards to inventory. The Case for Competing on Logistics Talent.

Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

Kinaxis

Among the many supply chain initiatives taking place today, vendor-managed inventory (VMI) has become an increasingly effective process and business model to help organizations share risk and information between vendors and customers — while benefitting from lower stockouts, reduced uncertainty and lower costs. What is vendor-managed inventory? The benefits of the vendor-managed inventory process include: Enhanced visibility for vendor. Maintaining optimum inventory levels.

4 Quick Tips for Effective Holiday Shipping

Freight Center

But businesses everywhere face challenges to meet their consumers’ high shipping expectations effectively this time of year. time of the year in logistics. Know holiday shipping dates. Time is of the essence if you want to effectively ship during the holiday season. Everything from pre-packing orders to maintaining the appropriate inventory levels of packaging material pays off more than you think in the long run. Ship Smarter. Blog Freight Shipping

LTL to Intermodal Shipping: How to Find and Eliminate Freight Spend Black Swans

Cerasis

Black swans in the supply chain refer to unexpected, unusual disruptions within the supply chain, reports Melanie Nuce of Inbound Logistics. Shippers need to know why freight black swans are increasing, how using LTL to intermodal shipping options can reduce their incidence, and a few best practices to keep the use of intermodal from becoming a black swan itself. Shippers should work with multiple carriers and tap into the value of both LTL and intermodal shipping too.

Is the “shared economy” changing logistics?

Kinaxis

Granted, it’s not the budget-friendly cross-border air shipping service I dream about for my occasional need to send documents overseas, but I hope it might pave the way for it. The post Is the “shared economy” changing logistics? General News Inventory management capacity management Capacity planning Logistics shared economy by Alvaro Fernandez Did you know it costs approximately $100 to send an envelope from Ottawa, Ontario, Canada, to Caracas, Venezuela?

23 logistics professionals share the #1 way to reduce logistics costs

6 River Systems

According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 trillion on logistics and transportation services in the United States in 2018, an increase of 11.4%

Inbound Logistics

LeanCor

Planning a Lean Inbound Logistics Strategy. At LeanCor, we refer to our inbound logistics solutions as lean logistics engineering. The lean logistics engineering process incorporates several complex factors including volume fluctuations, sourcing changes, and lead, window, and service times to determine transportation modes, sourcing locations, freight consolidation, trailer loads, route combinations, and freight sequences.

Why Reverse Logistics Systems and Transportation Management Should Be Considered Together

Cerasis

Needs for efficient reverse logistics systems continue to increase as e-commerce claims greater market share, and as so many traditionally functioning businesses grow and inevitably incur increasing volume of returns. This presents opportunities for developing new revenue streams, an exciting challenge to logistics professionals. Need For Reverse Logistics Breeds Opportunity. Efficiently managing reverse logistics is a daunting challenge for many businesses.

Why the Right Strategy to Managed Inventory Hinges on Clear, Concise Communications

Turvo

A managed inventory depends heavily on teams and leaders that can communicate with each other to avoid operational issues, overstocking, or worse, running out of inventory when the customer is ready to buy. It all makes communication a vital part of maintaining a managed inventory.

Outsourcing Logistics: Does It Make Sense for Everyone?

Cerasis

The benefits of outsourcing logistics processes to a third-party logistics provider (3PL) are well documented. As the world’s economy has become increasingly complex, it has become impossible for a single entity to control all of the warehousing, transportation and administrative tasks that come with shipping and managing inventory. Basic Facts to Understand Before Outsourcing Logistics. This may include the following: Better inventory management.

The Top 6 Reasons to Have a Good Inbound Logistics Program

Cerasis

Most transportation costs in a company arise from inbound logistics cost. If other words, the costs associated with transportation of items from vendors make up the biggest portion of will transportation costs, reports Amy Roach Partridge of Inbound Logistics. Part of the problem lies in misconceptions around inbound logistics, including manual, data-intense processes and added stress. Better Visibility Leads to Effective, More Accurate Inventory Management. Logistic

Employing this S.M.A.R.T. Technique with a Logistics Company to Create Total Stakeholder Satisfaction

Cerasis

Today we continue our series on successfully working with a logistics company, often called a third party logistics company by focusing on how to properly understand the success of the engagement by knowing all the key performance indicators that a shipper could put in place. We will then finalize the series on logistics key performance indicator success management with practical techniques to carry through the academic subjects we've covered thus far. .

Inbound logistics requirements for the new automotive supply chain

The Network Effect

In my last four posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , and the all important ASN. Today I want to discuss inbound logistics requirements. Thus similar to EDI, logistics needs to be considered part of the transactional flow, not a separate set of functions to be integrated. All supplier shipments must be accompanied by appropriate documentation. SMMT/Ltd Flickr.

How international shipping can be improved in today’s global automotive supply chain

The Network Effect

In earlier posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , and the all important ASN. Today I want to discuss international shipping management in the context of the new network platforms. . Visibility and timing once again take center stage related to international shipping. providing all necessary paperwork such as export licenses, and documentation.

Top Logistics Terms to Know—A Supply Chain Glossary

Zipline Logistics

Logistics is no exception. There are hundreds of logistics terms that make up the industry’s language. Here is our glossary of top logistics terms to know. Logistics Terms for Pros to Know. These are a la carte, or per service, and outside of standard shipping and receiving. Audit — In logistics, an audit refers to the process of examining, adjusting, and verifying freight bills for accuracy. Consignor — The originator of shipped products.

How Shipping Software Innovation Led a Technology Company Into Freight Management!

Supply Chain Game Changer

Our technology business, Horizon Technology, was being hindered by our shipping processes. We couldn’t make existing shipping software work for our business, at least at a cost we could afford. We seek to simplify all aspects of shipping through enterprise-level tools that are attainable to medium and small businesses. And earlier this year, we were recognized by Logistics Tech Outlook in their Top 10 Transport Management Solution Providers. Subscribe Here!

The Digital Transformation in Logistics: Technologies, Barriers and Predictions!

Supply Chain Game Changer

According to a recent survey conducted by Forbes Insights , 65% of logistics, supply chain and transportation executives acknowledge the necessity to revamp existing models and add flexibility to business operations in order to ensure omnichannel delivery, reduce costs and meet the ever-shifting consumer demand. The path to increased operational efficiency and customer satisfaction lies in the digitalization of logistics workflows. Subscribe Here! Email Address.

How GST (Goods and Services Tax) Has Affected Logistics in India!

Supply Chain Game Changer

Over time it was understood that this was much needed and it actually helped in organizing and setting up different logistics and transport sectors to speed up their overall processes. From the movement of trucks to managing a good economic supply chain, GST affected logistics in a great way. The logistics sector in India is worth $130 million and the number is gradually increasing with a passing day. Right after first party logistics, came second and third party logistics.

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Enabling Cloud Technology for Drop Shipping Success

BluJay Solutions

Implementing a drop shipping model is one of the best ways to solve the dilemma of exposing the business to increased risk and eroding profit margins in an attempt to grow revenues. Drop shipping , also known as direct dispatch or virtual inventory, allows retailers to expand product lines and access new inventory networks to meet customer demand, all the while eliminating the storing and management of physical goods. 2.) Consistent Documentation and Branding.

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A Case Study in Reverse Logistics Optimization!

Supply Chain Game Changer

Check out What Exactly Is Reverse Logistics? The application of advanced forecasting and planning methodologies improve inventory management in a critical, high-volume repair business, dramatically reducing costs and fulfillment cycles while improving customer satisfaction. Difficulties forecasting demand in a high-volume repair environment caused inventory costs to skyrocket. Additionally, the client’s inventory levels were reduced by 52 percent or $2.3

Supply Chain Disruption: How Stronger Collaboration Will Have a Big Impact on the Future of Logistics Management

Cerasis

In this blog, Camcode discusses how collaboration provides supply chain disruption to impact the future of logistics management. Logistics companies today are working with increasingly distributed teams, and that makes tracking critical assets a more challenging proposition. On the tracking side of things , it’s no longer necessary to take meticulous notes and manually document dates, actions, and status information. Logistics Supply Chain

This Week in Logistics News (October 26-30, 2015)

Talking Logistics

Now, on to this week’s supply chain and logistics news… Exclusive: Wal-Mart seeks to test drones for home delivery, pickup ( Reuters ). Wal-Mart Won’t Promote Free-Shipping Deals Over Holidays (WSJ – sub. Some follow-up thoughts based on the comments received: First, from a supply chain and logistics perspective, I believe Walmart continues to innovate and lead the industry in many areas. 25, it will bring back free shipping and returns.

This Week in Logistics News (June 1-5, 2015)

Talking Logistics

I’m on limited time this morning, so let’s go straight to the supply chain and logistics news that caught my attention this week: enVista Launches New Business Entity, Enspire Commerce®. We founded Enspire Commerce to address gaps in the marketplace for price-competitive solutions that solve the complexities of omni-channel inventory visibility, order routing and fulfillment execution between retailers and their stores, logistics partners and vendors.

This Week in Logistics News (May 4-8, 2015)

Talking Logistics

In this week’s supply chain and logistics news… Pitney Bowes Expands Cross-Border Ecommerce Capabilities with the Acquisition of Borderfree. XPO Logistics Announces First Quarter 2015 Results. Growing Shipping Alliances Are Straining Major U.S. “We are excited to have CloudDDM as a resident on our UPS Supply Chain Solutions Campus,” said Mark Wallace, UPS President of Global Logistics and Distribution. Ever get a song stuck in your head?

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. 2020 Supply Chain and Logistics Trends: What’s Around the Corner? Again, this might include recycling or refurbishing items damaged in storage or transit, or placing undamaged returns back into a sales inventory.

13 Amazing Logistics & Supply Chain Mobile Applications

EazyStock

To stay ahead, tech-smart operations, savvy professionals are using logistics and supply chain mobile applications as must-have tools for operational excellence. These apps help companies achieve every business process from tracking inventory and shipments to booking meetings with clients to tracking tasks and projects. In this blog, the team at EazyStock will be showing you the most exciting logistics and supply chain mobile applications that will make your job even easier.

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

Logistics can be traced all the way back to the Greek and Roman empires , but it’s undergone several major transformations as new technologies provide opportunities to more efficiently manage the movement and storage of goods. In the digital transformation age, logistics is once again undergoing a major shift. These technologies also contribute to a rise in big data and analytics in the logistics field. ” Meet Our Panel of Logistics Pros: Brian Jessup.

The Shipping and Receiving Process Guide! (Infographic)

Supply Chain Game Changer

Shipping and Receiving article and permission to publish here provided by Scott Rehnberg at BR Williams Trucking Inc. We have talked about why choosing proper 3PL logistics services and a trucking company with a modern warehouse management system (WMS) is crucial to any successful supply chain management process. That is, Shipping and Receiving! Inbound Logistics Process (Receiving) Outbound Logistics Process (Shipping). Shipping and Document Generation.

5 More Common Sense, Yet Often Forgotten Basics for Less Than Truckload Shipping

Cerasis

A few months ago we wrote a tongue in cheek post about 5 Upfront Tips you can do to save on less than truckload shipping (a capitalization of Less than truckload). We say “tongue in cheek” because when we have distributed some of the fundamental and basic best practices around tips when shipping LTL, experts in social media, primarily LinkedIn Groups, would state how rudimentary, 101, or basic the tips were. Document. Document. Document.

This Week in Logistics News (July 15-19, 2013)

Talking Logistics

XPO Logistics to Acquire 3PD, the Largest Provider of Heavy Goods, Last-Mile Logistics in North America. 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). Tweet The post This Week in Logistics News (July 15-19, 2013) appeared first on Talking Logistics with Adrian Gonzalez.

What is EDI (Electronic Data Interchange) and ASN (Advanced Shipping Notification)?

3PL Insights

The amount of time and effort saved by using these technologies makes them a must-have when transferring documents to another company. This refers to the electronic interchange of documents between companies. Electronic interchange of documents is far more efficient and less expensive than exchanging paper documents, as EDI costs less than a dollar. Paper documents can also take up to 10 days to transfer, whereas EDI transfers take less than a day.

The Ultimate Global Shipping Guide: Everything You Need to Know

CH Robinson Transportfolio

Succeeding in global shipping can be difficult; you need to navigate transportation options, customs compliance, and ever-changing industry practices. In order to help you remain compliant, keep costs down, ensure efficiency, and stay on top of new trends and technologies, we’ve created this guide to help you conquer all of your global shipping challenges. Developing an optimal global shipping strategy. Global shipping can be difficult to organize, and costs tend to be high.

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The Ultimate Global Shipping Guide: Everything You Need to Know

CH Robinson Transportfolio

Succeeding in global shipping can be difficult; you need to navigate transportation options, customs compliance, and ever-changing industry practices. In order to help you remain compliant, keep costs down, ensure efficiency, and stay on top of new trends and technologies, we’ve created this guide to help you conquer all of your global shipping challenges. Developing an optimal global shipping strategy. Global shipping can be difficult to organize, and costs tend to be high.

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