Third Party Logistics

LeanCor

5 Things You Should Expect From Your Third Party Logistics Provider. The relationship with the third party logistics provider needs to move from transactional to one of long term partnership and commitment. Reduction of inventory levels.

Managing a Third Party Logistics Partnership

The Logistics of Logistics

Chuck specializes in Supply Chain Optimization, Third Party Logistics (3PL) and International Purchasing and Importing Consulting. The post Managing a Third Party Logistics Partnership appeared first on The Logistics of Logistics. When you have chosen a 3PL partner, insure that you have an effective Service Level Agreement (SLA) with accompanying Key Performance Indicators (KPIs) to manage the Service Level of the 3PL.

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5 Third Party Logistics Trends in 2015

PLS Logistics

3PLs work with shippers to implement improved reverse logistics strategies, find capacity and provide fulfillment solutions. These services are typically designed through advanced transportation management systems (TMS) for detailed product tracking, inventory management and historical data analysis. 3PLs enable companies to handle the increase in freight volume with guaranteed capacity, avoiding the worsening driver shortage.

2013 Third-Party Logistics Study

Supply Chain Movement

The success of the third-party logistics industry is evident in the generally high marks given to 3PLs by respondents to a survey as part of the 2013 17th Annual Third Party Logistics Study, which identifies trends and explores how both 3PLs and shippers are using these relationships to improve and enhance their businesses and supply chains.

The 6 Trends Third Party Logistics Service Providers Will Drive to Empower Shipper Success in 2017

Cerasis

2017 will not be a bed of roses for third party logistics service providers, nor will the coming year be filled with thorns in the sides of major supply chain entities. Take a moment to think about how these remaining six trends will impact the shipping and freight industry as a new administration takes control. The Trump administration could be a redeeming feature for the logistics industry, but some of his recent promises could come at a great price.

Realities and Misconceptions of 4PL Relationships

Talking Logistics

The needs and expectations of manufacturers and retailers for their logistics partners have changed significantly over the years, and confusion and misconceptions remain in the marketplace concerning what third-party logistics providers (3PLs) and fourth party logistics providers (4PLs) are and the services they offer. I discussed those questions and more with Matt Lewis, VP of Business Development for Geodis , in a recent episode of Talking Logistics.

This Week in Logistics News (September 14-18, 2015)

Talking Logistics

Lots of supply chain and logistics news this week, so let’s go straight to it… Transplace Acquires M33 Integrated. New Infinea® X from Infinite Peripherals® Expedites Warehouse, Logistics and Supply Chain Operations. Note: Transplace is a Talking Logistics sponsor.

Six Ways You Can Benefit Now From ‘Augmented Fulfillment’

Supply Chain Network

Well today I’m pleased to introduce you to the concept and emerging new logistics reality of ‘Augmented Fulfillment’ (AF) which will allow logistics operators to add and enhance customer experience capabilities.

Discovering the Power of Distributed Logistics

Supply Chain Network

The future of fulfillment is fast approaching and it’s now all about mastering something called Distributed Logistics! What is Distributed Logistics? Interesting you say, but why would anyone want to move to a Distributed Logistics network?

What You Should Know About Black Friday Logistics

Freight Center

The shipping industry is always guaranteed to be kept on its toes when it comes to Black Friday and Cyber Monday logistics. Here’s what you should know about Black Friday logistics to keep you and your shipping team on track. It’s almost impossible for businesses to guarantee accurate inventory levels when it comes to freight shipping for Black Friday. FreightCenter Knows Black Friday Logistics.

Fast is expensive but cheap is slow, until now

Supply Chain Network

Through the use MonarchFx’s highly advanced robotics, proprietary technology, and localized fulfillment network, we are able to amplify inventory availability to service your online customers, wholesale customers, and retail stores faster than ever before with: • No capital investment required. So, what is the cost of distributed logistics? In essence, MonarchFx’s next generation distributed logistics solution is free. Third – The MonarchFx network.

Emerging Options for Omni-Commerce Logistics Strategy

Supply Chain Network

At SCI Logistics in addition to fulfilling millions of e-commerce orders on an annual basis, we also spend a significant amount of time studying the optimal methods of helping our customers serve consumers in Canada.

Emerging Options for Omni-Commerce Logistics Strategy

Supply Chain Network

This is simply a reflection of blunt reality, before any firm can even think of accomplishing a full Matrix Commerce implementation, they and their organizations will have to master and implement the basics of Omni-Commerce logistics. To do this you need to ensure that at ALL locations where stock is held or displayed for retail sale, that ACCURATE and TIMELY inventory information is available. So what is the correct answer when it comes to your omni-commerce logistics strategy?

Third Party Logistics Companies Checklist for Choosing and Qualifying a 3PL

The Lean Supply Chain

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

Kinaxis

What is vendor-managed inventory? VMI is the process whereby a supplier or vendor manages and replenishes inventory at a customer’s location at the levels required by the customer. The benefits of the vendor-managed inventory process include: Enhanced visibility for vendor.

Steps to Controlling Inventory Flow & Driving Warehouse Efficiency

Cerasis

Controlling inventory flow is a top priority among warehouse managers, and gaining control over inventory drives warehouse efficiency. Controlling Inventory Flow Begins With Liquidate Nonessential Products. The first step to controlling inventory flow effectively is liquidation of all non-essential products, explains Paul Trujillo of Business2Community. This will help to prevent the reordering of slow-moving products and ensure optimum inventory levels.

The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI

Cerasis

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story.

Logistics Key Process Indicators (KPIs)

The Logistics of Logistics

If you move freight for a living, you know the importance of logistics key process indicators (KPIs). A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). Selecting the Right Logistics KPIs. Determining the right logistics KPIs for your company will depend on your company. Shipper KPIs will be different than logistics providers. The New Logistics KPI – Measuring Customer Service.

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What’s the Difference Between Freight Management and Logistics Management?

Supply Chain Game Changer

What’s the Difference Between Logistics and Distribution? In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. What is Freight Management? What is Logistics Management?

Wrapping up 2019: Today’s Surface Transportation Market

CH Robinson Transportfolio

The duration and magnitude of these cycles varies based on freight demand and supply injection or contraction (from both the for-hire and private capacity pools). This year, we saw strong North American freight volume. Inventory levels’ influence on demand.

LTL Carrier Scorecard with Key Process Indicators (KPIs)

The Logistics of Logistics

The old adage, “you can’t manage something you can’t” measure” definitely applies in logistics. Without measurement, shippers and logistics providers are not able to objectively analyze logistics performance. A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). Be sure to measure all damage not just freight claims filed.

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Insight on how 3PL handles eCommerce Returns for B2B and B2C Retail Brands

Vinculum

Why Third-party Logistics? However, logistics is one of the areas where complexity arises as one moves from physical retail to e-commerce. What is Third Party Logistics all about? Need for Third Party Logistics Outsourcing.

The Ultimate Guide to a 3PL Business

Cerasis

Third party logistics (3PL) is a company that provides an all-encompassing service to its customers of outsourced logistics services for a part or all of their supply chain management functions. In general, warehousing by a third party provider is more cost efficient.

3PL 336

Use Air Freight to Meet Consumer Demands as Supply Chains Accelerate

CH Robinson Transportfolio

And bringing air freight services into the spotlight. . Reducing or eliminating inventory carrying costs, along with out of stocks using detailed analysis tactics had been the goal for many. That’s where air freight and third party logistics providers (3PLs)—like C.H.

Use Air Freight to Meet Consumer Demands as Supply Chains Accelerate

CH Robinson Transportfolio

And bringing air freight services into the spotlight. . Reducing or eliminating inventory carrying costs, along with out of stocks using detailed analysis tactics had been the goal for many. That’s where air freight and third party logistics providers (3PLs)—like C.H.

Technology Fuels Freight Logistics: Jeff Tucker in Wall Street Journal

DAT Solutions

Jeff Tucker 's guest column in yesterday's Wall Street Journal pointed to the pivotal role of technology, including DAT Load Boards , in freight logistics today. Jeff also highlighted the contribution of freight brokers to the efficient movement of cargo.

The Invaluable Role of a TMS in Managing Full Truckload Shipments

Cerasis

Shippers face more challenges than ever before when it comes to managing freight spend and allocation. While many other questions exist, freight management in today’s world is built on the internet, speed, use of data, and staying attractive to drivers. Yes, your freight must be attractive to drivers to get the best deals, and a TMS provides an invaluable means of creating attractive freight. The Freight & Transportation Management Trends to Know in 2018.

6 Trends Affecting Inbound Freight Management!

Supply Chain Game Changer

Successful inbound freight management depends on a strong logistics management program. Shippers need to have a robust set of controls in place, a high-quality inbound freight routing guide , automated tracking technology, reporting capabilities, and much more. Shippers need to understand the trends throughout the industry affecting inbound freight management and how to plan accordingly. Congress Will Affect Successful Inbound Freight Management. Subscribe Here!

Peak Shipping Season: A Review of Trends from the 2018 Holiday Peak Season

Cerasis

We will delve into what will set third-party logistics providers apart in the coming year, and what to expect as e-commerce continues to merge with brick-and-mortar retail. Meanwhile, inventory levels rose 3.6 How Surface Mode Shippers Can Compete in E-Commerce Logistics.

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Logistics Technology Trends: The Rise of the Machine

Freightos

Earlier this year, we ran a series of articles exploring the future of logistics technology. Technology Trends for the Logistics Industry. The logistics industry is facing a period of intense change. Like technology and logistics? List Of The Top Logistics Startups.

Trends 245

Steel Fabrication and General Manufacturing Tips and Tricks for 2015

Cerasis

Still in all most fabricators have seen steel sales rise and customer demands and inventory requirements increase over the past several years. Now is the Time for Manufacturing to Look at Logistics Efficiency.

In House Logistics vs. Outsourced Logistics: Big & Small Brands Alike are Targeting 3PL Services

Cerasis

Outsourcing in the supply chain of logistics teams may sound farfetched. Yet in outsourced logistics simply refers to hiring a third-party logistics service, 3PL, to handle the logistics services. Rechannels Logistics.

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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.

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LTL Rates, Capacity, and Fuel: The General Outlook for 2017

Cerasis

Rebounding freight volumes and the proximity of the electronic logging device (ELD) mandate are set to change the industry in 2017, reports Sean Kilcarr of FleetOwner. But, additional trailers may cause additional problems with managing routes and dealing with an overstocked inventory. .

Utilizing a 3PL to Apply Transportation Management Best Practices For E-Commerce

Cerasis

E-commerce is expanding to reach $1 trillion by 2025, and demand for more products and services among the world’s shippers is keeping third-party logistics providers, like Cerasis, on their toes. This is regardless of whether freight consolidation was used or not.