Unleashed

JUNE 23, 2021

More widespread third-party logistics. Inventory analytics goes mainstream. Accurately plotting costs based on live data. Improving efficiencies with data analytics. Warehouse and logistics staff can use portable technology to improve efficiency at work, such as scanning and picking.

Inventory Management Software 80

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

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure. Collaboration.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Logistics Bureau

SEPTEMBER 28, 2020

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains. The best example of a 4PL model is Amazon.com.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Company 96

Talking Logistics

JUNE 2, 2016

Today, shippers face increased regulations, unstable market conditions and capacity concerns that make it near impossible for a newly divested company to achieve all of its goals without the expertise and support of a third-party logistics (3PL) provider. Step 2: Leverage a Transitional Service Agreement Wisely.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

Talking Logistics

APRIL 7, 2016

One of my supply chain and logistics predictions for this year was that the transportation management system (TMS) market will become more barbell-shaped ( mirroring what is happening in the third-party logistics industry ). We’re seeing the TMS market move in two opposite directions,” I wrote back in December.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Optimization Software Transportation Management 100

6 River Systems

JULY 29, 2020

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. This compilation is based on the most currently available company revenue data (between 2018 and 2020) without factoring in any other metric.

Warehousing 111

Warehousing 3PL Company Third Party Logistics 111

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

Unleashed

JULY 25, 2023

It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover period The inventory turnover period is the time taken from when you purchase inventory until the time those goods are sold.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

GlobalTranz

AUGUST 4, 2015

Editor's Note: As a third party logistics company with a focus on better Less-Than-Truckload (LTL) freight management, we have several shippers who are in the manufacturing industry. However, effectively measuring, analyzing, and improving upon those manufacturing metrics is more complicated than it may seem.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 120

The Logistics of Logistics

APRIL 6, 2013

Chuck specializes in Supply Chain Optimization, Third Party Logistics (3PL) and International Purchasing and Importing Consulting. He is a guest speaker at the Purchasing Management Association and the University of Wisconsin-Madison. Intrieri Consulting in Orange County, CA. He is certified as a C.P.M.,CPIM,

Logistics Network Optimization Software 100

Logistics Network Optimization Software Negotiating Skills KPI Purchasing Skills 100

GlobalTranz

MAY 6, 2015

There should be metrics involved to monitor these objectives to ensure success across the supply chain. These metrics should be reviewed frequently to ensure supply chain success. Increased supplier performance: reduction in lead times and creating cost reduction as your suppliers are the experts in their respective fields.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

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

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

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 appeared first on Talking Logistics with Adrian Gonzalez. I’ve highlighted other case studies over the years.

Vendor Strategies 100

Vendor Strategies Cost Reduction Strategies Price Reduction Procurement Analytics 100

GlobalTranz

AUGUST 9, 2016

Metrics and Key Performance Indicators (KPIs) measure how well the shipper-transportation provider does in daily continuous improvement. Create daily route designs, complete real time track and trace, generate real-time metrics , and complete daily problem solving. Measure Transportation Performance. Problem-solving methods.

Waste Reduction 120

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

Zipline Logistics

JUNE 30, 2020

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. ATA — Actual time of arrival. ATD — Actual time of departure.

Supply Chain Planning Software 52

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

ShipBob

MARCH 3, 2022

For Greg and many other retail businesses, success is heavily reliant on having a profitable cost per unit — and half of that battle is keeping your costs low. . Only when you know how much it costs to produce or procure a single unit of any SKU can you make more informed decisions on how much to sell it for.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

Gravity Supply Chain

MAY 20, 2022

Developing end-to-end supply chain management software, Gravity optimizes operations, mitigates risk, and controls costs. In 1956, manually loading a ship cost $5.86 per ton; the standardized container cut that cost to just 16 cents a ton … The U.S. billion metric tons as of 2017. One joint solution.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

6 River Systems

JULY 25, 2019

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.

Supply Chain Planning Software 96

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

FLEXE

JUNE 14, 2018

Amazon spent decades building an incomparable eCommerce logistics infrastructure that makes high-volume, free, two-day delivery possible for its millions of Prime members. Now, its two-day promise isn’t even its fastest offer—for many Amazon purchases, next- or same-day delivery is available and free. Do they want fast shipping?

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

FLEXE

JUNE 14, 2018

Amazon spent decades building an incomparable eCommerce logistics infrastructure that makes high-volume, free, two-day delivery possible for its millions of Prime members. Now, its two-day promise isn’t even its fastest offer—for many Amazon purchases, next- or same-day delivery is available and free. Do they want fast shipping?

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

GlobalTranz

MAY 23, 2016

So, your organization has decided to explore the benefits and perks of less than truckload freight shipping. However, the set-up costs and initial implementation of LTL relationships can seem daunting. Let’s take a look at how the TMS impacts the costs of shipping over the long term in four critical areas. Customer Satisfaction.

Freight 136

Freight Shipping Cost Reduction Strategies Inventory Reduction 136

The Logistics of Logistics

FEBRUARY 22, 2013

Perhaps this is why, so many LTL shippers make purchasing decisions based on price alone. Key Process Indicators vs. Metrics. A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.). This means that while all KPIs are metrics, not all metrics are KPIs.

Cost Reduction Strategies 101

Cost Reduction Strategies KPI Price Reduction Expense Reduction 101

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. Other items that are heavy or bulky must be shipped via freight , and that requires access to a whole different network of specialists. The three main types of fulfillment.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

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. Your opinion and input are much appreciated!

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

6 River Systems

DECEMBER 11, 2018

Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. At the very least, they should see a message indicating that the products are out of stock before they make the purchase. This is just good customer service.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Logistics Bureau

SEPTEMBER 3, 2017

The constant change in the marketplace makes business forecasts difficult for third-party logistics service providers (3PLs). The other way is horizontal, in which two enterprises with the same logistical role or requirement work together. Collaboration in logistics will be influenced by the strengths of business needs.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

6 River Systems

APRIL 4, 2019

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. These technologies also contribute to a rise in big data and analytics in the logistics field.

Logistics Network Optimization Software 76

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

Supply Chain Collaborator

MARCH 13, 2017

Shippers opting to use a third party logistics (3PL) provider’s TMS solution as opposed to implementing and managing TMS internally the almost always lose more than they gain. Benjamin Franklin once said, “Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety.”

3PL 60

3PL Network Design Software Procurement Solutions Supply Chain Network Software 60

Logistics Bureau

SEPTEMBER 3, 2017

The constant change in the marketplace makes business forecasts difficult for third-party logistics service providers (3PLs). The other way is horizontal , in which two enterprises with the same logistical role or requirement work together. Collaboration in logistics will be influenced by the strengths of business needs.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Talking Logistics

MAY 26, 2017

Honeywell’s Connected Freight Technology Monitors High-Value And Perishable Goods In Transit, Helping Prevent Damage, Loss And Theft. Software vendors and those involved in the purchasing decision have always viewed “function” as more important than “form.” Simply put, many user interfaces…. I also wrote….

Supply Chain Design Software 20

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software 20

The Lean Supply Chain

JULY 7, 2015

While yard tractors carry out their regular duties, attached GPS-enabled RFID readers recognize trailers by the tags, and report the location data in real time. RTLS also enables management to monitor yard operations’ key performance indicators (KPIs) based on quantifiable productivity metrics measured by the actions of the yard trucks.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Modeling Software Demand Planning Software 40