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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. Today, there are many top 3PL warehousing companies that handle warehousing, fulfillment, logistics and distribution services for companies of all sizes. Møller Mærsk Group.

Overcoming Complacency: How to Drive Even More Supply Chain Metric Success

Talking Logistics

Once you hit your monthly warehouse goals, there can be a pull toward maintaining rather than gaining on your goals. The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. Show the “story” of your metrics with quarterly and yearly growth charts; show how far you’ve come as a team over time. While metrics are powerful tools, they’re only one tool amongst the many a leader can use.

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50 expert warehouse optimization tips and techniques

6 River Systems

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery. Of course, warehouse optimization isn’t something you do just once; it’s an ongoing process, and a complex one at that.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

By contrast, the third-party logistics model is where a manufacturer retains oversight of its supply chain but outsources such processes as warehousing, shipping, packing, and distribution to a 3PL provider. Unloading of local freight and de-stuffing and palletising of international freight.

50 expert tips on improving warehouse efficiency & productivity

6 River Systems

Most warehouses are on an ongoing mission to maximize productivity by optimizing workflows, automating processes and reducing waste (both time and resources). Warehouses are complex operations with many moving parts and functions happening simultaneously, so while there are plenty of areas to improve productivity, it’s not always easy to determine where your efforts will pay off. More than 50% of your warehouse labor is in pick and pack, so start there.

Best Practices & Tips to Maximize Warehouse Space

Veridian Solutions

Your warehouse is everything, and according to recent reports , available warehouse space is on the decline in the US. As companies have expanded to meet the demands of omnichannel consumers, warehouse space has become a commodity which comes at a premium. Warehouse leaders should follow these best practices to truly maximize warehouse space and avoid the costs of new construction entirely. A Guide to the Warehouse Metrics Supply Chain Execs Should Track.

This Week in Logistics News (March 4-8, 2019)

Talking Logistics

Providers of real-time freight visibility solutions. Back in July 2017, I interviewed Bennett Adelson, the former CEO of MacroPoint (which was later acquired by Descartes Systems Group, a Talking Logistics sponsor) about OTIF and how it is driving demand for visibility solutions. Here’s an excerpt from the post I wrote: “The reason real-time freight visibility is a hot topic now is that with today’s technology it’s no longer accepted as a black hole,” said Adelson.

What is LTL Shipping?

SupplyPike

LTL freight carriers normally transport small shipments of freight from many companies. When companies opt for LTL shipping, they are charged for the section of the semi-truck that their freight takes up. Reduce your warehouse costs. LTL shipments can contain one to six pallets, cases, large bundles, or other units for loading that still leaves space for more in the freight carrier’s cargo. LTL shipping functions from terminal groups. Freight Class.

28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively. This initially necessitated the expansion of our warehousing provision, revision of our stock rotation and warehousing policies and associated costs, which we had to bear.

50 expert tips on logistics planning and strategy

6 River Systems

“A centralized group can also help to resolve another common concern: it’s hard for an expert to have credibility across the company when he or she is remote and attached to a particular business unit. “As for your internal systems, real-time inventory management helps you manage your fulfillment warehouses. After all, one of the more difficult aspects of managing warehouses is what to do with excess inventory, so you need to reduce it as much as possible.”

Takeaways from Descartes Evolution 2019

Talking Logistics

One of my first clients back in 1999 was Descartes Systems Group. This was not a trivial transition because the software industry, until relatively recently, was long fixated on measuring its health and success by new license revenue (sales of products) instead of customer-centric metrics, such as realization of ROI and payback objectives. Descartes Systems Group Revenue 2006-2018 (Source: macrotrends).

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

Click the links below to compare this year's innovations to those from previous years: Top 10 Supply Chain Innovations of 2017 : exoskeletons, autonomous forklifts, flying warehouses, last-mile delivery, and more. Top 10 Supply Chain Innovations of 2016 : robot pickers, bridge-inspecting drones, autonomous freight shuttles, and more. Warehouse Automation. Content Summary: Honeywell and Carnegie Mellon Partner to Bring AI to the Warehouse.

Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

I also believe that many of the trends everyone continues to talk about today — Artificial Intelligence and Machine Learning, Blockchain, Internet of Things, Mobile Devices and Applications, Drones and Driverless Trucks, Robots and Warehouse Automation, and Supply Chain Operating Network s — will continue to move forward in 2018, as will many of the predictions I made last year. Kenco Group (a Talking Logistics sponsor) is a great example. Source: Evan, Flikr. “I

Top Logistics Terms to Know—A Supply Chain Glossary

Zipline Logistics

Accessibility — The ability of a carrier to provide service for a freight order. Accessorial Charges — Fees added to a freight bill for additional services that the carrier might provide. Air Freight — Transportation of products via air transportation methods. Audit — In logistics, an audit refers to the process of examining, adjusting, and verifying freight bills for accuracy. Chargeable Weight — A shipment’s weight that is used to determining freight pricing.

This Week in Logistics News (January 7-11, 2019)

Talking Logistics

Robinson, Descartes Systems Group, and MercuryGate. Moving on, here’s the supply chain and logistics news that caught my attention this week: Amazon to invest in French firm’s technology for self-driving forklifts (Reuters) Warehouses Test a New Breed of AI Robots (WSJ – sub. Robots in the Warehouse. Moreover, logistics service providers (LSPs) can give their shipper customers a clear view of the location of their freight.

The 5 Benefits of Hybrid SaaS TMS

Cerasis

To be clear, at Cerasis, our TMS, the Cerasis Rater , is not a pure SaaS TMS offering, only due to the fact that we also offer services that happen outside of the TMS such as carrier relations & rate negotiations, freight accounting services, freight claims, and other services. Each user will benefit because they have access to a better grouping of applicable, accurate information.

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

Logistics technologies such as robotic warehouse systems make automation a reality, while drones improve last-mile delivery capabilities and better tracking with tools like RFID tags improve visibility throughout the supply chain. RFID tags and robotic warehouse systems generate and transmit data that, when combined with other data sources, allow companies to optimize the supply chain and make better predictions and forecasts to improve efficiency and boost the bottom line.

50 expert tips on supply chain management

6 River Systems

Warehouse managers face numerous challenges, as well, such as the need to keep goods flowing in and out of the facility while enabling associates to practice social distancing measures. Forming strategic partnerships with a select group of your best suppliers can allow you to capture a wide variety of benefits—including the potential for scale advantages and priority service.” ” — Customer-Centric Supply Chain Transformation , Boston Consulting Group; Twitter: @BCG 34.

Is Your TMS Technology Ready to Drive Supply Chain Excellence?

CH Robinson Logistics

How to Use Freight Attributes to Your Greatest Shipping Advantage”. ARC Advisory Group and other third party research firms have found that TMS and Managed TMS services are key to lowering transportation spend. Understanding that delivery times are suffering is one piece of the puzzle a TMS can uncover, but with the right tools, it’s possible to see a correlation between one particular warehouse and poor delivery times, which is by far the more actionable piece of information.

What’s the ROI Of Transport and Logistics Providers & A TMS?

Cerasis

According to Supply Chain Digest , a TMS can be leveraged to improve freight consolidation efforts, enable intermodal shipping, improve reverse logistics processes or work to reduce delays and inefficiencies in less-than-truckload (LTL) shipments. Increased freight consolidation opportunities. Meanwhile, a recent report, published by ARC Advisory Group , found similar trends.

Why Inventory Revaluation Is Your Next Important Task

Unleashed

To help you understand the importance of tracking this metric we’ll illustrate several ways the value of your stock can change. A key metric in inventory revaluation is Net Realisable Value. You want to pick the sea freight option as it will be cheaper, but that means your customer — customers at supermarkets — will not see your products on the shelf for a whole month! This way, you can move a high volume of items quickly and get that dead stock out of the warehouse.

How Machine Learning Is Redefining Supply Chain Management

IQMS

Reducing freight costs, improving supplier delivery performance, and minimizing supplier risk are three of the many benefits machine learning is providing in collaborative supply chain networks. Machine learning is gaining adoption in Logistics Control Tower operations to provide new insights into how every aspect of supply chain management, collaboration, logistics and warehouse management can be improved.

Why Inventory Revaluation Is Your Next Important Task

Unleashed

To help you understand the importance of tracking this metric we’ll illustrate several ways the value of your stock can change. A key metric in inventory revaluation is Net Realisable Value. You want to pick the sea freight option as it will be cheaper, but that means your customer — customers at supermarkets — will not see your products on the shelf for a whole month! This way, you can move a high volume of items quickly and get that dead stock out of the warehouse.

Fix Your Retail Supply Chain to Make the Last Mile Count

Logistics Bureau

Read More: Less Frustrating Way to Negotiate Freight Contracts. Similarly, it will pay to look for providers that specialise in the types of freight that your company wishes to ship. If you sell products that take up a lot of space and require the aid of mechanical handling equipment (like tail lifts), a carrier or 3PL specialising in heavy deliveries may be able to offer you more attractive pricing than one which handles a mix of freight. Group Managing Director.

A Quick Glance Into The Logistics Market - January 2016

EFT

Cass Freight Index: The December shipments index decreased 4.9% Freight Rail: Traffic Originations of carloads in December 2015 totaled 1,219,443, a decrease of 15.6% Source: AAR.org) (Average monthly price for gallons purchased by freight railroads; Includes federal excise taxes, transportation, and handling expenses). . Truckload Freight: The spot market for truckload freight in December increased 15% compared to the previous month, and was 36% lower year-over-year.

A Quick Glance Into The Logistics Market - January 2016

EFT

Cass Freight Index: The December shipments index decreased 4.9% Freight Rail: Traffic Originations of carloads in December 2015 totaled 1,219,443, a decrease of 15.6% Source: AAR.org) (Average monthly price for gallons purchased by freight railroads; Includes federal excise taxes, transportation, and handling expenses). . Truckload Freight: The spot market for truckload freight in December increased 15% compared to the previous month, and was 36% lower year-over-year.

The Top 10 Transportation Management Systems

The Logistics of Logistics

JDA Software Group recently merged with RedPrairie to create one of the most powerful TMS players in the industry. The JDA Transportation Manager offers several powerful applications including Fleet and Freight Order Management to create work plans for private or 3PL fleets as well as inbound shipment collaboration. They recently also included a cloud-based Warehouse Management program. The Top 10 Transportation Management Systems.

How to Select a 3PL with Joe Lynch and Adam Robinson

The Logistics of Logistics

Asset based 3PLs own physical assets like trucks, planes, warehouses, etc. The most important measure is the Paydex metric. 3PLs that specialize in other services like air freight, sea freight, warehousing, etc. Bigger 3PLs will typically have a carrier procurement group and thousands of partner relationships. Metrics / Key Performance Indicators (KPI). The best 3PLs use objective metrics / KPIs to measure performance.

3PL 60

2013 Third-Party Logistics Study

Supply Chain Movement

Outsourcing accounts for 54% of shippers’ transportation spend and 39% of warehouse operations spend. As found in past Annual 3PL Study surveys, transactional, operational, and repetitive activities such as transportation, warehousing, and freight forwarding tend to be the most frequently outsourced. They are tactical rather than strategic, offer insufficient visibility and are limited by metrics, contract terms, and risk mitigation strategies.

Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

In order to compensate a long waiting time, Adidas uses air freight or courier service. On weekly basis, they organize a big group meeting of all work stream team to discuss the coordination issues. Since UK is relatively small when compared with the United States, centralized control of distribution operations and warehouse makes it easier to manage. Another 80% of orders are handled by both warehouse and cross dock system.

Collaboration at the Logistics Sharp End – Can It Work?

Logistics Bureau

Why do some rival firms that battle with each other downstream in retail outlets manage to work well together upstream in their transport and warehousing? Two freight forwarders might work together to achieve better geographical coverage by combing their two fleets and driver workforces. Cost savings or sharing may be imperative for 3PLs or freight brokers to access certain transport resources for their clients. Metrics may be financial, such as profits, revenues, and costs.

3PL 40

Selecting a 3PL – 9 Things Every Shipper Should Know

The Logistics of Logistics

Asset based 3PLs own physical assets like trucks, planes, warehouses, etc. The most important measure is the Paydex metric. 3PLs that specialize in other services like air freight, sea freight, warehousing, etc. Bigger 3PLs will typically have a carrier procurement group and thousands of partner relationships. Metrics / Key Performance Indicators (KPI). The best 3PLs use objective metrics / KPIs to measure performance.

3PL 109

Doing Business in Belgium

QAD

Since most Western European capitals are within 1,000 km of Brussels, Belgium’s capital, it is an ideal location for international groups. The seven registered air freight carriers in Belgium carried 1.4 billion metric tons of goods in 2015. Coupled with its prime location and healthy multimodal freight system, Belgium has the ability to move goods quickly around Europe and the rest of the world.

Selecting a 3PL – 9 Things Every Shipper Should Know

The Logistics of Logistics

Asset based 3PLs own physical assets like trucks, planes, warehouses, etc. The most important measure is the Paydex metric. 3PLs that specialize in other services like air freight, sea freight, warehousing, etc. Bigger 3PLs will typically have a carrier procurement group and thousands of partner relationships. Metrics / Key Performance Indicators (KPI). The best 3PLs use objective metrics / KPIs to measure performance.

3PL 100

Collaboration at the Logistics Sharp End – Can It Work?

Logistics Bureau

Why do some rival firms that battle with each other downstream in retail outlets manage to work well together upstream in their transport and warehousing ? Two freight forwarders might work together to achieve better geographical coverage by combing their two fleets and driver work-forces. Cost savings or sharing may be imperative for 3PLs or freight brokers to access certain transport resources for their clients. Group Managing Director.

3PL 40