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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. Today, anyone can start an online retailing business from any part of the world and ensure their products are delivered to customers efficiently by using a third-party logistics company. Revenue data is sourced from the companies’ websites and market research platforms such as Macrotrends.

50 expert warehouse optimization tips and techniques

6 River Systems

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. “Warehouse optimization starts with an efficient layout. Optimize your logistics network.

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Last Mile Metrics: 11 Metrics to Measure in Last Mile Logistics

Cerasis

Using technology to improve last mile metrics is essential to driving last mile costs down, but how do shippers know if the technology is helping or hurting? The answer to this question lies in using last mile metrics to track key performance indicators and target levels of service to ensure accountability, visibility and continued reduction of costs in last mile delivery. Essentially, shippers need to track these 11 metrics. On-Time Deliveries Are King of Last Mile Metrics.

Sustainable Logistics: Quantifying Sustainability Measures of Your Logistics

Cerasis

Calculating the carbon footprint of a company’s comprehensive logistics framework is tremendously complex. Creating more sustainable logistics is even more important for the trucking industry. Sustainable Logistics | Quantifying Sustainability Measures of Your Logistics. Robinson and the MIT Center for Transportation and Logistics. From shareholders to consumers, sustainable logistics has created broad value. Logistics

7 Incredible Benefits of Cloud-Based Logistics Management

Cerasis

In the below article I propose to have a look at the main benefits and advantages of the cloud-based logistics management. More findings on the cloud cargo transportation and warehouse management systems you may discover on the web. Each industry has its peculiarities, among the others, in the logistics, manufacturing, and supply. It incorporates your resources from every stage of the logistic process in the real-time. Logistics

Wanted: Supply Chain Architects!

Supply Chain Shaman

So when the warehouse team threatened to unionize, I transferred into a distribution, warehouse environment. I knew nothing about the world of logistics, inventory management and order optimization. Warehouse Management and Transportation Management were in their infancy. Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed.

21 Vendor Metrics Your Supplier Scorecard Might be Missing

Supply Chain Cowboy

But is your scorecard missing key metrics? It includes a free Excel template that you can modify to match exactly what metrics you want to measure. While some of these metrics might not apply to your business model, there’s definitely a few to add if they measure something important to you and your customers. Of course, you’ll want to be courteous and professional with your feedback, but being open and honest with this metric can go a long way to solving problems between you.

This Week in Logistics News (January 7-11, 2019)

Talking Logistics

Then how about joining our Logistics Leaders for T1D Cure cycling team and help us raise money for JDRF in our quest to create a world without type 1 diabetes! If this sounds like it would be a fun and meaningful personal challenge for you (with the added benefits of meeting other supply chain and logistics professionals and raising money for a good cause), then sign up to join our Logistics Leaders for T1D Cure team! Robots in the Warehouse.

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

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

Logistics can be traced all the way back to the Greek and Roman empires , but it’s undergone several major transformations as new technologies provide opportunities to more efficiently manage the movement and storage of goods. In the digital transformation age, logistics is once again undergoing a major shift. These technologies also contribute to a rise in big data and analytics in the logistics field. ” Meet Our Panel of Logistics Pros: Brian Jessup.

3 Initiatives Driving Sustainable Transportation and Logistics Management

Supply Chain Nation

Recent studies have shown that transportation is the single largest source of greenhouse gas emissions in the United States. Department of Energy calculated that CO2 emissions from transportation surpassed two billion metric tons ; it’s hard to imagine what that number looks like today. The realities of today’s complex global marketplace make fulfilling sustainability objectives anything but simple as companies navigate fulfillment, transportation and logistics challenges.

Green Logistics: How to deliver efficiently while minimizing carbon footprint

Abivin

Source The process and involvement of logistics department in every organization have become an essential part to the economic development for a long time now. According to World Bank report, efficient logistics refer to transport, storage and conveyance of products to the ultimate consumers from the companies at minimal costs. How can companies enable Green Logistics? Green logistics has a significant role in the trade process, transport and deliver the goods.

The Logistics Linchpin with Andrew Clark

Aborn and Co.

In this episode, Consulting Logistics host, Kyle MacNaught, will chat with Andrew Clark, founder of Logistics Help. Andrew is passionate about logistics and how getting this element right in business can help elevate them to the next level. That is where he learned his foundation in warehousing and distribution as well as logistics. Following this, he ended up working for a business in Australia called Logistics Bureau. Logistics Help Website.

Top Logistics Terms to Know—A Supply Chain Glossary

Zipline Logistics

Logistics is no exception. There are hundreds of logistics terms that make up the industry’s language. Here is our glossary of top logistics terms to know. Logistics Terms for Pros to Know. Audit — In logistics, an audit refers to the process of examining, adjusting, and verifying freight bills for accuracy. Benchmark — In logistics, benchmarks refer to KPI thresholds set by an organization to measure supply chain performance.

Beyond the Beer Game: Tips for Responsible Logistics Gamification

Logistics Bureau

In fact, here at Logistics Bureau, we’ve been using the Beer Game (a supply chain simulation) for years now, as a way to help companies educate their management teams in supply chain dynamics. But is gamification really a responsible approach to improving logistics performance ?

5 ways TMS transforms Logistics Managers' jobs

Abivin

A survey featured in Logistics Management shows that just 35% of shippers are using TMS in their supply chain. Logistics managers need to realize that adding TMS instead of headcount can be the right way to grow their business. Automate the manual process Source It can be very time-consuming to do the repetitive work manually. Manage data and information in real time Source Thanks to TMS integration, you can perform data management and information management in real time.

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. Shippers report spending an average 12% of revenues on logistics, and an average 39% of that figure is spent on outsourced logistics services.

The Case for Less Silos, More Intelligence in Supply Chain Management

Talking Logistics

Source: “The Case for Less Silos, More Intelligence in Supply Chain Management,” webcast presentation by Adrian Gonzalez, Adelante SCM. Logistics, Manufacturing, Procurement, Sales and Marketing — these functional groups, for the most part, continue to operate independently from each other, each driven by their own objectives and metrics. Break down your supply chain functional silos. This advice is not new.

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The Magic Bullet for Real-Time Supply Chain Collaboration? Cloud Visibility.

synchrono

When it comes to ordering materials and components, managing inventory levels, or organizing the delivery of finished goods to customers, companies are forced continually to chase business partners – mostly suppliers, logistics companies, and retailers – via a messy stream of emails, phone calls, and even faxes. Regional Plant Networks can connect to Warehouse/Distribution Centers to better manage excess inventory and monitor status from Third Party Logistics (3PL) providers.

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Managing Logistics for The World’s Largest Company with Gary Sostack

The Logistics of Logistics

While putting myself through school, I got a part-time job at JFK airport which opened my eyes to logistics. Right out of college, I worked at a logistics company in Atlanta. We found equipment and materials that can’t be sourced locally. As globalization has taken place, more things can be sourced locally. Once we decided that we were going to go out to bid, the logistics team no longer contacted the 3PLs. One of the bidders had a very unorganized warehouse.

5 Ways to Optimize Your Logistics & Transportation with Lean

Arkieva

Are you using lean in your logistics and transportation management? The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. Read Also: 10 Warehouse Productivity Tips for Reducing Downtime Today! Right Source. Using Metrics/Key Performance indicators that measure how well the shippers and transportation providers do promotes daily continuous improvement.

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Logistics Services Providers Make Progress against Green Targets

BluJay Solutions

The recent announcement from Maersk Line the world's largest container shipping company, that it has reached its 2020 target of reducing CO2 emissions by 25% from its benchmark 2007 levels a whole 7 years early, and is increasing the 2020 target to 40%, provides clear evidence that logistics services providers (LSPs) are increasingly taking green issues seriously. Subscribe to our Logistics Newsletter to receive regular industry updates.

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supply chain roles are rapidly being transformed into all-new opportunities. Warehouse Automation. Source ID. Source ID. Source ID.

A Quick Glance Into The Logistics Market - January 2016

EFT

Source: US BEA). . Source: US DOC & Census Bureau) Consumer Confidence The Consumer Confidence Index increased to 96.5 Source: The Conference Board) (The consumer confidence index is based on a monthly survey of 5,000 U.S. Source: US DOL) . . Source: US Census). .

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. This initially necessitated the expansion of our warehousing provision, revision of our stock rotation and warehousing policies and associated costs, which we had to bear.

10 Ways Effective Transportation Management Drives Competitive Advantage

Cerasis

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. Effective transportation management strategy takes into account the availability of materials and order fulfillment requirements, ensuring that those resources are optimally utilized and warehouse capacity.

History Repeats Itself Without Supply Chain Leadership

Supply Chain Shaman

Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. The second step is to align metrics to the strategy.

A Quick Glance Into The Logistics Market - March 2016

EFT

Source: US BEA). Source: US DOC & Census Bureau). Source: The Conference Board) (The consumer confidence index is based on a monthly survey of 5,000 U.S. Source: US DOL) . Source: Conference Board) (The LEI is a composite of 10 economic indicators that together create an analytic system designed to signal peaks and troughs in the business cycle. Source: US Census). Source: US Census). Source: U.S. Source: US Bureau of Labor Statistics.

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A Quick Glance Into The Logistics Market - January 2016

EFT

Source: US BEA). . Source: US DOC & Census Bureau) Consumer Confidence The Consumer Confidence Index increased to 96.5 Source: The Conference Board) (The consumer confidence index is based on a monthly survey of 5,000 U.S. Source: US DOL) . . Source: Conference Board). Source: US Census). . Source: US Census). . Source: US Census). . Source: U.S. Source: US Bureau of Labor Statistics). . Source: US Census). .

Supply Chain Visibility: A Precursor to Insight and Optimization

Talking Logistics

As digitization continues to modify the global supply chain landscape, its unprecedented data sources and solutions will lead to not only the demise of disparate information systems, but to the rise of true, end-to-end, supply chain visibility. The most common goals of supply chain visibility include the following, but as your company completes this exercise, be sure to include quantifiable metrics: Reduce business and supply chain risk.

Customer Experience Driving Innovation for High-Performing Companies

Talking Logistics

The research, produced by Adelante SCM and presented by BluJay Solutions (a Talking Logistics sponsor), was conducted to explore the links between supply chain management innovation, customer experience, technology adoption, and company performance.

25 supply chain experts reveal the best tactics to optimize a supply chain

6 River Systems

From raw materials sourcing to warehouse operations , logistics technology , order fulfillment and beyond, there are dozens of points throughout the supply chain, all of which contribute to overall supply chain efficiency. Implementing warehouse and supply chain automation doesn’t make sense for every type of business; sometimes the human touch is imperative, but accurately assess how technology can improve your operations. Warehousing.

Supply Chain Management Services

LeanCor

When sourcing supply chain management services, think about the provider’s approach to people and processes. Focus on total logistics cost reduction (transportation, warehousing, and inventory). Whether you are looking f or supply chain management services or have had experience with a third party logistics provider (3PL), you may have realized that finding the right partner isn’t easy. 3 Tips in Choosing Supply Chain Management Services.

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Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

Source: Evan, Flikr. “I I will be wrong again,” I stated last year before making my supply chain and logistics predictions for 2017 , and I was right. But I was right with some of my other predictions, especially my prediction that we would see a rise in cyber attacks in 2017, with supply chain and logistics operations becoming new targets. UPS Joins Top Alliance To Create Blockchain Standards For Logistics. SophiaTX Open Source Platform to Integrate SAP, Blockchain.

Using Managed Analytics to Build a Next-Generation Supply Chain

Talking Logistics

The advent of transportation management systems (TMS) in the 1990s introduced near-infinite metrics and data points into the supply chain yet brought with it more questions than answers: How do we centralize the data? In its simplest form, managed analytics combines transportation data, along with several other databases, into a central data warehouse and applies a sophisticated set of analytical tools and algorithms.