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A New Kind of Supply Chain Managed Services

Logistics Viewpoints

In the supply chain world, contract logistics – where a third-party logistics (3PL) firm runs and manages warehouses on behalf of their clients, is a $200 billion plus market. For example, in contract logistics, the 3PL makes use of a warehouse management system so that they can do the job efficiently. The right IT is critical.

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Here’s Why Supply Chain Convergence is the Future of Ecommerce

ShipBob

It’s a form of supply chain digitization that ensures every element, from sourcing raw material inventory to product delivery, is coordinated and managed through a centralized platform. The need for more SKUs increases complexities in sourcing, procurement, inventory management, package tracking — the list goes on.

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Global Fulfillment Innovation Centers on ESG in 2023

ModusLink Corporation

That includes increased collaboration to handle load and product information, marketing campaign points, or import and export logistics. As reported by Matt Rickerby of Extensiv , “Inventory analytics are an essential part of any inventory management solution. How to Improve Your Multi-Location Inventory Management.”

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This Week in Logistics News (May 13 – 19)

Logistics Viewpoints

And now on to this week’s logistics news. That assessment comes as a result of 10 months of subdued demand, inventory de-stocking, and high interest rates, the New Jersey-based company said in its “The GEP Global Supply Chain Volatility Index.” That index fell below zero in April to -0.04, from 0.32

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This Week in Logistics News (December 3 – 9)

Logistics Viewpoints

This is leading to an inventory pile-up of processors and memory chips used in PCs. And now on to this week’s logistics news: McDonald’s is testing a new drive-thru concept. Some retailers are learning to love bulked-up inventories. Want to learn more building resiliency without losing the benefits of just-in-time inventory?

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Are Procurement and Logistics Executives Aligned When Faced with Current Supply Chain Challenges?

NC State SCRC

Procurement and supply chain executives are on the “same team” – and in general, a recent study conducted by the SCRC and GEP suggests that there is strong alignment between the two functions when it comes to prioritizing lower risks and reducing uncertainty in supply chains.