Logistics Viewpoints

JULY 22, 2022

And now on to this week’s logistics news. To meet demand, 3PLs increasingly tapped the spot market to source carriers to cover shipments. The post This Week in Logistics News (July 16 – 22) appeared first on Logistics Viewpoints. In the next 40 years, the answer is (most likely) a definitive no. That’s all for this week.

Logistics Network Optimization Software 208

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Logistics Viewpoints

FEBRUARY 2, 2023

How 3PLs Can Gain Visibility and a Competitive Advantage Offering Automated Billing and a Self-Service Interactive Customer Portal It’s hard to imagine a third-party logistics (3PL) business today operating without some form of a warehouse management system ( WMS ) connecting the digital dots.

Supply Chain Planning Software 204

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 204

SCMDOJO

APRIL 15, 2024

The inner workings of logistics at Amazon are a marvel of efficiency, precision, and constant innovation. We’ll explore their logistics empire, from warehouse robots to futuristic visions, and discover how they manage millions of packages daily. Ever wonder how Amazon gets your package to your door so quickly?

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

ShipBob

AUGUST 23, 2023

Inventory is an important asset. And since ecommerce businesses deal with different types of inventory on a daily basis, it’s important that you understand all of them well. In this article, we demystify the main types of inventory, as well as ecommerce-specific inventory.

Inventory Management Software 52

Inventory Management Software Modeling Software Optimization Software Predictive Analytics Software 52

BlueYonder

APRIL 9, 2024

This initiative is central to enhancing the management and efficiency of its logistics operations throughout Europe. Carlsberg has also introduced electric trucks and established a specialized transportation control tower in Poznan, Poland. A prospect to raise a glass to.

Optimal Sourcing 100

Optimal Sourcing Sustainability Material Savings Waste Reduction 100

Talking Logistics

OCTOBER 6, 2014

It’s one of the most common questions I get these days from third-party logistics providers (3PLs), especially this time of the year as they’re finalizing their strategies for 2015 and beyond. For years, shippers have been reporting significant logistics cost reductions from moving operations to Mexico.

Mexico 183

Mexico Third Party Logistics Cost Reduction Strategies Inventory Reduction 183

Logistics Bureau

JULY 10, 2023

As your enterprise grows or market conditions change, it may become evident that your organisation can benefit from partnering with a third-party logistics (3PL) provider. If you’re a leader in a startup, you know that logistics services are likely to be a key requirement.

3PL 44

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 44

Supply Chain Game Changer

JULY 30, 2020

Featuring Our 10 Best Inventory Management Articles! Inventory Shrinkage article and permission to publish here provided by Jake Rheude at redstagfulfillment.com. There are many terms for inventory shrinkage: warehouse shrinkage, product shrinkage, loss of product. The best way to explain inventory shrinkage is an example.

Inventory Reduction 70

Inventory Reduction Inventory Inventory Management Software Third Party Logistics 70

Supply Chain Matters

JUNE 7, 2023

Logistics Managers Index (LMI) that dropped to an all-time low for May 2023. The May report narrative reinforced that “ the negatives seem to outweigh the positives in the logistics industry.” logistics industry continues in a state of recession. Supply Chain Matters highlights this week’s release of the U.S. The post U.S.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. More widespread third-party logistics.

Inventory Management Software 80

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

ShipBob

NOVEMBER 29, 2023

These physically unaccounted-for units of inventory called ghost inventory, or phantom inventory , are a more common challenge faced by retailers than you think. Often, the items accounted for in the asset register do not reconcile with what is in the inventory. What is ghost inventory?

Purchasing Skills 52

Purchasing Skills Inventory Inventory Management Software Forecasting Software 52

GlobalTranz

AUGUST 15, 2018

There’s no other way to describe it: Artificial Intelligence (AI) is revolutionizing the world of logistics. In general, the predictive analytics solutions in logistics and supply chain are on the rise. The most well-known examples are Transmetrics and ClearMetal , which were both mentioned in the latest DHL’s Logistics Trend Radar.

Logistics Network Optimization Software 135

Logistics Network Optimization Software Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing 135

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

USC Consulting Group

OCTOBER 25, 2021

In part 1 of this blog series about logistics, we talked about the state of the industry today. We who work with logistics have seen supply chain disruptions before. The perfect logistics storm. But many in the logistics industry say it solves only part of the problem. What logistics companies can do.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Sourcing Strategies Inventory Reduction Third Party Logistics 40

Supply Chain Shaman

APRIL 30, 2020

The companies are just not good at managing inventories and orchestrating distribution strategies. They are seldom cross-functional to optimize source, make, and deliver together. In this evolution, companies will quickly learn the pitfalls of multi-tier warehouse management and the latency with third-party logistics (3PL) signals.

Supply Chain Design Software 352

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Software 352

ShipBob

FEBRUARY 12, 2024

That’s why many businesses outsource shipping to third-party logistics ( 3PL ) providers like ShipBob. This article is perfect for businesses or individuals looking for information on what transloading is, how it works, and the benefits of using transloading services of logistics companies. What is transloading?

Rail Software 52

Rail Software Logistics Network Optimization Software Shipping Supply Chain Planning Software 52

Supply Chain Game Changer

MARCH 14, 2022

With four core courses and an MBA-level capstone, the Supply Chain Management program provides students with both foundational knowledge and business acumen necessary to succeed in the logistics and operations industry. Supply Chain Logistics. Managing inventory and transportation isn’t a one-size-fits-all activity.

Course 115

Course Supply Chain Planning Software Agile and Lean Supply Chain Vendor Strategies 115

Supply Chain Shaman

SEPTEMBER 27, 2021

Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. Procurement processes–encumbered by a focus on paperless processing, RFPs/RFQs, and efficient procurement–do not embrace the capabilities and requirements of direct material sourcing. Current State of Visibility.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

Supply Chain Game Changer

NOVEMBER 24, 2018

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. Subscribe Here! Email Address. Infographic). ” [link].

Distribution 92

Distribution Logistics Network Optimization Software Logistics Sourcing Strategies 92

SCMDOJO

MARCH 25, 2022

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. What is Logistics and Supply Chain Management?

Supply Chain Planning Software 131

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 131

ShipBob

JULY 18, 2022

As an ecommerce business, maintaining inventory is make or break for your brand. After all, having inventory on hand is important to keep operations running smoothly and to satisfy customers. But there are various considerations to keep in mind: Do I have enough inventory to meet demand? How can I overcome inventory loss?

Risk Management 52

Risk Management Inventory Reduction Inventory Management Software Inventory 52

Turvo

MARCH 1, 2022

Worldwide third-party logistics (3PL) has emerged as a viable option for meeting global distribution demands. It is a new shipper-carrier collaboration approach to enhance supply chain visibility, reducing transit times, and inventory-carrying costs for retailers and suppliers while improving carrier asset utilization levels. .

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Inventory Reduction Expense Reduction 70

Talking Logistics

AUGUST 29, 2016

According to the article: Symphony, which helps companies like Gatorade and Hershey’s manage their web business, is doubling down on its logistics services [emphasis mine], by helping these brands enable faster shipping. Source: Symphony Commerce website. For related commentary, see Do Facebook and Twitter Need a Logistics Strategy?

Supply Chain Network Software 106

Supply Chain Network Software Logistics Network Optimization Software Modeling Software Supply Chain Software 106

Procurement Academy

AUGUST 10, 2021

The Elastic Logistics approach has become an appropriate response recently when Supply Chain Management (SCM) found the challenges of persistently tracking an enormous variety of items and suppliers and the need to fulfill ever-growing client’s personalized demands and expectations. What is elastic logistics?

Logistics Network Optimization Software 64

Logistics Network Optimization Software Supply Chain Planning Software Demand Planning Software Supply Chain Software 64

BlueYonder

AUGUST 31, 2021

This creates many challenges for retailers and manufacturers who either fulfill orders themselves or contract with third-party logistics (3PLs) partners to perform these services. Now, these organizations expect 3PLs to manage inventory and help optimize fulfillment. Competitive Edge. Start Your Digital Journey.

3PL 68

3PL Optimal Sourcing Trends Logistics Network Optimization Software 68

Unleashed

NOVEMBER 1, 2021

How is the logistics and supply chain management industry evolving – and what developments do you need to consider? Now they’re within the grasp of many organisations with a logistics or warehouse function. Read more: Supply chain management explained: methods in modern business 1. billion to $5.6 billion in 2021.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Trends 98

GlobalTranz

JANUARY 26, 2016

The global logistics industry generates $9.1 The global Third Party Logistics (3PL) industry generates $750 Billion in revenue as a part of that figure. In the most simple of terms, any product that is produced – or the raw goods used to produce it, are moved through some sort of logistics network.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Inventory Management Software 120

ShipBob

DECEMBER 25, 2023

It can happen simply due to ineffective planning, risk management, warehouse use, or sourcing strategies. 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.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Inventory Management Software Supply Chain Software 52

Unleashed

JUNE 14, 2022

Ecommerce fulfilment is the logistics required in order to get your products to the people who have purchased from you. Returns are also a key part of fulfilment – commonly referred to as reverse logistics. Ensuring adequate, organised storage for your inventory , so it can be easily accessed for quick picking and packing.

Inventory Reduction 98

Inventory Reduction Material Savings Resource Reduction Cost Reduction Strategies 98

GlobalTranz

FEBRUARY 16, 2016

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. Listen to your people.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

Enterra Insights

OCTOBER 3, 2022

As we all know, supply chain snarls disrupted last year’s holiday shopping season — with some inventory arriving well after the holidays ended. As a result, some retailers faced a glut of inventory. Instead of starting their holiday shipping in September or in August, many of them stocked up their inventories in June and July.”

Material Savings 130

Material Savings Inventory Reduction Retail Supply Chain Planning Software 130

3PL Insights

MAY 3, 2021

May 03, 2021— Evans Distribution Systems, a leading provider of third-party logistics and supply chain solutions, launched a new business intelligence tool: evans365. As a logistics service provider, we are always trying to add value to our customers,” says John A. “Our MELVINDALE, Mich., This is only the beginning.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Software Tools Distribution 52

BlueYonder

NOVEMBER 10, 2023

Inventory Processing and Order Management Efficiency Has Become a “Make” or “Break” Issue One of the main challenges WD&M faces is transforming away from legacy approaches to inventory processing and order orchestration, as well as moving toward solutions primed to handle omni-channel. The result? So, what’s the solution?

Manufacturing Procurement 82

Manufacturing Procurement Optimal Sourcing Real-time Visibility Demand Planning Software 82

GlobalTranz

DECEMBER 18, 2014

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. And we have also written a comprehensive guide to why you should outsource to a third party logistics company.

Manufacturing Procurement 236

Manufacturing Procurement Manufacturing Purchasing Skills Sourcing Strategies 236

6 River Systems

OCTOBER 12, 2020

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% Overall, logistics spending in 2018 reached 8% of U.S.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

Unleashed

OCTOBER 4, 2023

Some of the main steps involved in the order fulfilment process include: Inventory management Picking and packing Tracking and communication Shipping and delivery Customer service Returns management Fulfilment costs can represent up to 30% of an eCommerce company’s total operating expenses. It also ensures that resources are used efficiently.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

American Global Logistics

OCTOBER 16, 2023

As a Third-Party Logistics provider (3PL), we are acutely aware of the disruptive effects of geopolitical incidents on the global supply chain. This post aims to discuss critical logistics factors to mitigate the potential negative effects caused by this volatility.

3PL 52

3PL Optimal Sourcing Third Party Logistics 52