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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. Outsourcing accounts for 54% of shippers’ transportation spend and 39% of warehouse operations spend.

6 Best Practices for Third-Party Logistics Companies to Differentiate From Competitors

Turvo

Finding a way to make third-party logistics companies stand apart from their competitors is like finding a needle in a haystack. Fortunately, third-party logistics providers (3PLs) can successfully add to their own value proposition by understanding the challenges in building a unique value proposition, how collaboration empowers 3PLs to stay proactive with customers to provide a better experience, and a few best practices to help 3PLs stand apart from competitors.

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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. FedEx to Increase Shipping Rates for Express, Ground and Freight Services. Final rule for electronic logging devices is pushed back to end of October (Logistics Management). Note: Transplace is a Talking Logistics sponsor.

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

6 River Systems

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. million square feet of warehouse space in Japan and an additional 25.8

Ryder Publishes Corporate Sustainability Report

Supply Chain Network

“As a leading provider of transportation and logistics solutions, our stakeholders expect us to be stewards of real-world efficiency and sustainability,” stated Ryder Chairman and CEO Greg Swienton. – Completing certification as a Third Party Logistics Provider (3PL) in the Customs-Trade Partnership Against Terrorism (C-TPAT) program for logistics operations in Asia. SOURCE: Ryder System, Inc. Ryder System, Inc.,

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

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.

How Collaborative Transportation Management Provides Access to More Freight Capacity

Turvo

Fortunately, shippers, carriers, brokers, and third-party logistics providers (3PLs) that take the time to consider how collaborative transportation management can benefit operations have an opportunity to increase efficiency and available transportation capacity.

Current State of International Transportation Industry – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

Our vision at TRAMES, is to reduce global trade barriers through digitalizing international freight and transportation. The current trade and logistics landscape is plagued with manual processes and siloed actors. TRAMES is all about International Freight Orchestration (IFO).

Logistics Cost Reduction: 6 Focuses to Create More Profit

Cerasis

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. According to the CSCMP's "State of Logistics" Report from 2015, logistics costs now make up over 8% of the GDP. Any percentage less for your business with logistics costs as a percent of your revenue, goes straight to the bottom line. . Logistics Cost Reduction by Focusing on Safety.

7 Freight Costs Considerations That Will Have Shippers Rethinking In-House Transportation Management

Cerasis

Freight costs are eminently controllable, however, efficiently managing this major budget item requires expertise. For the company determined to try, it is critical to maintaining constant guard on cost controls at every turn in every transaction, a daunting proposition for most companies whose competencies are not developed with optimal freight costs control as a core area of focus. The freight manager attempting to operate without this authority cannot be ideally effective.

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!

5 Ways Temperature Controlled Shippers Can Boost Supply Chain Efficiency

CH Robinson Transportfolio

The increased need for adaptability and agility sums up what nearly everyone is feeling these days—this is particularly true for companies shipping temperature sensitive freight when timing is critical. Freight and Transportation Services Temperature controlled Truckload services

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% Efficient warehouse operations.

What is a 3PL? The Ultimate Guide Including Definitions of 1PL, 2PL, and 4PL!

Supply Chain Game Changer

Check out What’s the Difference Between Logistics and Distribution? Most people involved in logistics or supply chain related fields would have heard of the term 3rd Party Logistics or 3PL. I ‘m not sure however if many would be that familiar with the terms 1st Party Logistics, 2nd Party Logistics or 4th Party Logistics let alone even pondered the meanings of 1PL, 2PL or 4PL. 2nd Party Logistics (2PL).

The Top 5 Changes That Occur With AI in Logistics

Cerasis

There’s no other way to describe it: Artificial Intelligence (AI) is revolutionizing the world of logistics. Here are the top five ways in which Artificial Intelligence is transforming the logistics industry as we know it: 1) Predictive Capabilities Skyrocket When AI in Logistics is Implemented The capabilities of AI are seriously ramping up company efficiencies in the areas of predictive demand and network planning. Logistics

What is the Best E-Commerce Order Fulfillment Service for You? Amazon FBA or 3PL?

Supply Chain Game Changer

Guest blog by Dona Dimaculangan of 3P Logistics, your end to end UK logistics provider and e-commerce specialist at [link] uk/. A fulfillment service is defined as a third-party company that provides these order fulfillment steps on behalf of another party, such as an online seller. Warehouse Pricing. Third Party Logistics (3PL / TPL). Warehouse Costing. Some 3PLs even offer free warehouse storage for a limited time.

Is a 3PL Service Provider Right for Your Company? 4 Questions to Ask Yourself

Cerasis

Editor’s Note: This is a guest post, republished with permission, from the Fronetics Supply Chain & Logistics blog. Fronetics is an inbound digital marketing agency specializing in the supply chain and logistics verticals. Third-party logistics, or 3PL, is an industry on the rise thanks to the constant innovations in complementary industries like telecommunications, data analytics, and cloud technologies.

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E-Commerce Needs These Supply Chain Systems !

Supply Chain Game Changer

As evidenced by the most recent peak shipping season , the need for effective, high-quality logistics and warehouse management has never been higher. Warehouse Management System. Warehouse Control System. Warehouse Execution System. Subscribe Here! Email Address.

Greater Supply Chain Savings Thanks to Transportation Management

Cerasis

Therefore, more companies have partnered with third-party logistics providers ( 3PLs ) to achieve greater supply chain savings and presence in such markets through enhanced transportation management systems ( TMSs ). Partnerships reduce transportation costs through freight consolidation, appropriate freight classification and selection and increased scrutiny of billing and documentation practices.

Logistics Company

LeanCor

How to Gain More from a Logistics Company Relationship. All companies work with an outsourced logistics company in some way. Whether we are buying small-package delivery, truckload services or warehousing, it is unlikely we can internalize all the required services. To meet our logistics challenges, we develop collaborative relationships with a number of suppliers, from trucking companies to freight forwarders to third-party warehouses.

Logistics KPIs Case Study: Whirlpool’s Supply Chain and Logistics Success Driven by Effective KPI Implementation

Cerasis

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. The Reiterated Importance of Understanding and Managing KPIs in Business and Logistics Management. We hope the following case study shows you the proverbial proof in the pudding of effective Logistics KPIs management. . What core Logistics KPIs would you track?

What’s the Difference Between Logistics and Distribution?

Supply Chain Game Changer

Check out What’s The Difference Between Logistics and Supply Chain Management? What is the difference between Logistics and Distribution? Without consulting a dictionary both Logistics and Distribution suggest imagery involving the movement of goods. Let’s start by considering the common definitions that are used for each of Logistics and Distribution. Logistics. Comparing Logistics and Distribution. Subscribe Here! Email Address.

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. After 12 years as an Air Force logistics officer, Michael got his PhD in a top 5 logistics program, and now teaches supply chain management and marketing.

Supply Chain Management

LeanCor

The 3 Strategic Focus Areas for Logistics Collaboration. The three strategic focus areas for logistics collaboration are: Teamwork. Strategic Sourcing. Increasingly, in logistics and supply chain management, it is well known that more cross-functional teamwork is required. Strategic Sourcing. Moreover, from a logistics point of view, strategic sourcing strategies have significant impact on logistics functions.

The Digital Opportunity for 3PL Logistics Operations!

Supply Chain Game Changer

Third-party logistics (or 3PL) providers, are standing on the brink of breakout growth. While 3PL providers want to adapt to this new market opportunity, their existing logistics operations often have a hard time keeping pace with these growing demands. In this increasingly challenging environment, technology has become an integral part of expanding and maintaining competitive logistics services. 3PLs and Logistics Operations – What’s Changed?

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50 expert tips on logistics planning and strategy

6 River Systems

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Luckily, the current movers and shakers of the logistics and supply chain world are all too happy to dole out sage advice in the form of blog posts, interviews, podcasts — you name it. Logistics strategies for streamlined fulfillment. Logistics personnel and supplier management pointers. Warehouse Operation

The Top 5 Impacts of Artificial Intelligence (AI) in Logistics!

Supply Chain Game Changer

There’s no other way to describe it: Artificial Intelligence (AI) is revolutionizing the world of logistics. Here are the top five ways in which Artificial Intelligence is transforming the logistics industry as we know it: 1) Predictive Capabilities Skyrocket When AI in Logistics is Implemented. For example, DHL analyzes 58 different parameters of internal data to create a machine learning model for air freight. Subscribe Here! Email Address.

Crowdfunding Fulfillment Solutions!

Supply Chain Game Changer

At the end of every fully funded Kickstarter or Indiegogo campaign, there will be a warehouse full of product that needs to get into the hands of your backers. If you’re like a lot of small business startups, however, you might have forgotten to figure in fulfillment costs, including shipping and warehouse storage fees. A crowdfunding fulfillment provider can track and warehouse your products once they arrive from the manufacturer. Source: Indiegogo. Subscribe Here!

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E-Commerce Supply Chains Need These Supply Chain Tech Systems

Veridian Solutions

As evidenced by the most recent peak shipping season , the need for effective, high-quality logistics and warehouse management has never been higher. Warehouse Management System. The warehouse management system (WMS) is the most recognizable and diverse of the e-commerce supply chains’ system lineup. The warehouse management system serves as the system of record for all in-warehouse and distribution center activities. Warehouse Control System.

Wearable Technology in the Supply Chain: 3 Core Benefits

Cerasis

One of the most surprising parts of the episode showed a warehouse worker using a voice-automated picking system (see video below), and the worker would then scan the product with a scanner on the tip of his finger. Today, wearables are becoming increasingly popular, and these devices have the potential to radicalize the typical supply chain in forward and reverse logistics processes. Warehouses become hot in the summer and near frigid in the winter.

10 Ways Effective Transportation Management Drives Competitive Advantage

Cerasis

Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. This is especially relevant for third-party logistics and transportation management service providers, whose service fee is based on reducing cost and streamlining the shipper’s supply chain. Controlling Inventory Flow & Driving Warehouse Efficiency. Logistics Transportation Management effective transportation management

Top 15 Biggest 3PLs in the US - 2017

Material Handling & Logistics

While the growth in the third-party logistics market has slowed somewhat, 90% of the major companies in the U.S. third-party logistics market has grown to become a $166.8 This points to an ongoing trend, Armstrong notes, "for companies to outsource logistics functions to 3PLs in order to control costs and increase supply chain efficiency." CEVA Logistics (The Americas). CEVA Logistics (The Americas). Source ID. Source ID.

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

Cerasis

Inventory is then put on pallets and shipped as freight. Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model. If you are looking to optimize VMI in regards to transportation management, contact Cerasis today to speak to one of our Account Executives or read our white paper on Inbound Freight Management.

5 Crucial Software Every 3PL Company Needs To Have

Abivin

Introduction Third-party logistics provider (3PL) is a company that provides outsourced logistics services to other organizations. In the past years, activities of logistics have increased and particularly outsourcing services to 3PL providers. Currently, KOSPA Logistics Myanmar is using Abivin vRoute , which includes GPS tracking, visibility providing to manufacturers, trail tracking, routing plans and dispatch, etc.

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What is 4PL and 5PL? – Everything a Wholesaler Should Know

EMERGE App

As a wholesaler or distributor, you might have come across 4PL and 5PL logistics service providers. But how do these new providers differ from the industry’s standard 3PLs, the third-party logistics players? 1PL means first-party logistics. This is where a company does not outsource transport and logistics services to a third party. This means setting up departments for each logistics function and hiring people beneath them.

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