GlobalTranz

JANUARY 4, 2017

When it comes to the logistics industry, whether it's transportation management contracts or warehouse contracts, there are a million moving parts, and as many questions. 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.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

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. Analytics platforms monitor data generated by day-to-day logistics activities. Measure carrier performance for improvements and new opportunities.

Supply Chain Planning Software 70

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

Unleashed

MARCH 31, 2021

For many more, this would be too expensive or their supply chain simply isn’t complex enough to warrant such an investment, so they outsource to third parties. These may be known as logistics service providers (LSPs) or third-party logistics (3PL) providers, depending on the context for which they are needed.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

Talking Logistics

JUNE 22, 2015

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 billion barrels over the lifetime of the vehicles sold under the program.

Vendor Strategies 100

Vendor Strategies Cost Reduction Strategies Price Reduction Procurement Analytics 100

GlobalTranz

OCTOBER 27, 2015

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.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

6 River Systems

OCTOBER 14, 2022

This guide will primarily look at fulfillment through the e-commerce lens and deal mostly with third-party logistics (3PL) fulfillment methodologies. With a documented returns process in place, you can recover the value of returns quickly. Data analysis gives a much better picture of inventory and efficiency metrics.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

The Logistics of Logistics

FEBRUARY 18, 2013

Damaged packaging, small scratches, and loose pieces are all upsetting to the receiver and the end customer so they should be documented and measured, even if there isn’t a freight claim filed. Logistics Key Process Indicators (KPIs). Be sure to measure all damage not just freight claims filed. Insights from Damage Free Shipment KPI.

KPI 100

KPI Freight Third Party Logistics Metrics 100

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. For most companies, it is important that their 3PL partner has a documented continuous improvement program (CIP) in place.

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

The Logistics of Logistics

FEBRUARY 22, 2013

Key Process Indicators vs. Metrics. A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). A key process indicator (KPI) is a metric that you have chosen that will give an indication of your performance and can be used as a driver for improvement. Balanced Scorecard.

Cost Reduction Strategies 101

Cost Reduction Strategies KPI Price Reduction Expense Reduction 101

Talking Logistics

JUNE 28, 2017

This is where metrics can get a little fuzzy. However, the reality was that the 4% metric was misleading. Keeping international shipments moving on schedule requires the management of multiple regions, ports, languages, government regulations and numerous documents. Automation.

Supply Chain Design Software 114

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 114

BlueYonder

MAY 16, 2023

With omni-channel fulfillment, automation, labor, and sustainability trends accelerating, we believe that this placement reflects our innovation-driven culture that is inspired by our customers in the manufacturing, retail, and third-party logistics (3PL) industries. This graphic was published by Gartner, Inc.

Gartner 73

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

Unleashed

MARCH 5, 2024

Supply chain management Manage supplier contact information and interactions ; automatically deliver key documents; synchronise systems with external providers; automatically reorder materials when required. This makes them especially practical for companies dealing with vendor-managed inventory (VMI) or third-party logistics providers.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Examples Inventory Management Software 52

ShipBob

JUNE 18, 2023

Understanding both of these metrics allows you to know the cost of producing and selling your products. Because inventory is often the largest asset an ecommerce business has, it is important accurate inventory documentation is important. Your COGS is the amount of products sold in a period of time, minus beginning inventory.

Inventory 98

Inventory Purchasing Skills Manufacturing Procurement How To 98

GlobalTranz

JUNE 28, 2016

The benefits of outsourcing logistics processes to a third-party logistics provider (3PL) are well documented. For example, a 3PL can provide you with plenty of metrics, but if your employees hate a specific process, you need to let the provider know what is happening.

Supply and Demand 152

Supply and Demand Logistics Network Optimization Software Inventory Reduction Resource Reduction 152

Kinaxis

FEBRUARY 22, 2018

The VMI concept is well documented with a real-world example in Michael Hammer’s best-selling book, Reengineering the Corporation. Understand transportation and logistics constraints, and work with third-party logistics suppliers and shippers to gain more visibility into the process. Lower order volatility.

Vendor Strategies 150

Vendor Strategies Inventory Reduction Beverage Modeling 150

Unleashed

JUNE 23, 2021

More widespread third-party logistics. Accessing systems and documents anywhere in the world. More widespread third-party logistics. Read more: The 10 Procurement Metrics that Matter in 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022.

Inventory Management Software 80

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

GlobalTranz

JUNE 2, 2016

If you don’t measure this partnership, you will never know how both parties are doing as to meeting the agreed upon metrics, including cost reduction efforts and continuous improvement. This living document should be reviewed monthly, at first, then perhaps quarterly. What are your thoughts?

3PL 120

3PL Manufacturing Procurement Optimal Sourcing Resource Reduction 120

American Global Logistics

NOVEMBER 21, 2023

Maintain thorough metadata documentation and data lineage maps. These partnerships involve sharing sensitive data like contracts, pricing information, and performance metrics. Leverage master data management (MDM) to maintain consistent reference data across systems. Next, we’ll address Big Data security challenges. ISO 27001).

Analytics Software 52

Analytics Software Quality Security Analytics 52

Zipline Logistics

JUNE 30, 2020

Benchmark — In logistics, benchmarks refer to KPI thresholds set by an organization to measure supply chain performance. Bill of Lading (BOL) — A legally binding document between a shipper and carrier that details all the information needed to process a freight shipment. The metric is used to establish pricing for a transported order.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Strategy 52

Unleashed

APRIL 12, 2023

Fulfilling these high-stake orders often requires longer lead times, considerable planning, and detailed documentation. Learn more: 12 Warehouse Metrics & KPIs You Should Be Tracking 3. Items that need to be picked are listed on a document known as a picking slip or pick list.

Supply Chain Planning Software 52

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

The Logistics of Logistics

JUNE 15, 2013

Oracle’s “Transportation Management” app provides an opportunity for shippers and third party logistics companies to execute all supply stages in every transportation medium. The E-Business Suite offers a series of “Value Chain Execution” applications broad enough to manage and streamline any transportation scenario.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Network Software Modeling Software Optimization Software 100

GlobalTranz

AUGUST 9, 2016

Metrics and Key Performance Indicators (KPIs) measure how well the shipper-transportation provider does in daily continuous improvement. Any detected waste needs to be documented and followed by problem-solving. Measure Transportation Performance. Collaboration, trust, teamwork and cross-function thinking. Problem-solving methods.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Cost Reduction Strategies Lean 120

Talking Logistics

JANUARY 22, 2015

damages); managers to oversee the drivers, hire new ones, and keep documentation up to date (e.g., Prior to Grand Junction, he cofounded Ensenda, a non-asset based third-party logistics provider focused on the last mile, and led its sale to Transforce.

Supply Chain Network Software 100

Supply Chain Network Software Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 100

GlobalTranz

MAY 23, 2016

Moreover, LTL shippers often work with third-party logistics providers (3PLs) to keep operating costs lower, which translates into lower costs for individual shippers. This definition alone shows how an audit can directly lead to the identification of problems in a given shipping process.

Freight 136

Freight Shipping Cost Reduction Strategies Inventory Reduction 136

6 River Systems

JULY 25, 2019

“Although it may not be the biggest challenge, third-party logistics is definitely one of the biggest areas where an issue can arise…” Because of all the moving parts we, at AGT Global Logistics, prefer to not see weather, construction, geography, industry worker shortages, federal mandates or traffic as challenges. .

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

6 River Systems

APRIL 4, 2019

Mobile apps can generate reports and monitor performance metrics. “It’s become the norm to…” Send data and documents to and from the cloud, to use e-mail or public messaging services as well as download and transfer data. As a result, leaders are unaware of changing conditions that impact capacity and access.

Logistics Network Optimization Software 76

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 76

ShipBob

AUGUST 26, 2020

Over the years, the team has narrowed the questions down to a near science on what pulls through the best metrics and helps you really determine a marketer’s expertise. What are some key metrics to track in any ecommerce model? Pick a few metrics you’re familiar with and have experience measuring. Your possible answer.

Modeling Software 98

Modeling Software Optimization Software Analytics Software Logistics Network Optimization Software 98