The 3PL Industry is Suffering from Gresham’s Law

Talking Logistics

Earlier this year in Procuring Logistics Services is Not the Same as Buying Paper Clips , I wrote about an issue that continues to negatively affect 3PL-customer relationships: Procurement organizations looking to shift more and more risk on third-party logistics providers — while, of course, also demanding lower costs. Procuring logistics services is not the same as buying paper clips, yet that’s how many procurement organizations approach it.”.

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What if the United States broke in half? Is Your Company Ready in the Event of a Catastrophe?

The Network Effect

The New Madrid Fault Zone stretches across Alabama, Arkansas, Illinois, Indiana, Kansas, Kentucky, Mississippi, Missouri, Oklahoma, Texas, and Tennessee. Logistics Multiparty Network Risk Supply Chain Management The Network Effect disaster logistics networks resilience risk supply chainThe post What if the United States broke in half? Is Your Company Ready in the Event of a Catastrophe? appeared first on The Network Effect.

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4PLs: Collaboration Among Logistics Service Providers Creating More Value for Shippers

Cerasis

Collaboration has always been seen as the stepchild at the logistics dinner table. Collaboration is driving an entire new way in the realm of logistics lending towards the rise of 4PLs. Collaboration is going to be the only way today's logistics service providers can continue to improve their profits and improve efficiency. Value added services are not necessarily reminiscent of logistics service providers. 3PL Collaboration Logistics 4PLs

Looking to Outsource Logistics? A Guide to Go from Pain to Gain

Cerasis

Around the globe, value-added services are becoming an integral part of the logistics market, reports PR Newswire. Meanwhile, the overall value of the global logistics market continues to exceed $4 trillion, and the demand on the industry is only increasing. As a result, more companies and organizations are turning to third-party logistics providers ( 3PLs ) to outsource all or partial logistics operations. Review Available Options to Outsource Logistics.

Logistics Market Stays Flat as May Begins

Zipline Logistics

Currently, we are seeing little fluctuation in the domestic logistics market when compared to the past few weeks. . But the Logistics Manager’s Index skyrocketed from the end of Feb ruary through April. Zipline Regional Logistics Market Updates . Northeast Logistics . Midwest Logistics . Southeast Logistics . Westcoast Logistics . Shippers could face some logistics difficulty in Louisiana. Tennessee .

Vested: How P&G, McDonald’s, and Microsoft are Redefining Winning in Business Relationships

Talking Logistics

In this episode, Kate Vitasek (University of Tennessee) and Karl Manrodt (Georgia Southern University) discuss the current state of Vested Outsourcing and the key findings from their latest book, Vested: How P&G, McDonald’s, and Microsoft are Redefining Winning in Business Relationships. Tweet The post Vested: How P&G, McDonald’s, and Microsoft are Redefining Winning in Business Relationships appeared first on Talking Logistics with Adrian Gonzalez.

This Week in Logistics News (February 18-22, 2013)

Talking Logistics

Labor and management work out deal at Port of LA/Long Beach ( Logistics Management ). As I highlighted in my supply chain and logistics predictions for 2013 , tablets and smartphones are quickly becoming the preferred computing platform for business professionals, which is why technology providers are designing and optimizing their applications for these devices. Robinson, Con-way, and Transplace are Logistics Viewpoints sponsors).

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The Biggest Mistake When Selecting a 3PL

Talking Logistics

One of our most popular Talking Logistics episodes of all time is Important Factors to Consider When Evaluating and Selecting a Third-Party Logistics (3PL) Partne r (6,220 views to date), which we summarized in a follow-up post and also included in our first Talking Logistics YOUniversity course, Fundamentals of Selecting and Working with 3PL Partners. The post The Biggest Mistake When Selecting a 3PL appeared first on Talking Logistics with Adrian Gonzalez.

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Driverless Trucks: Heading Somewhere or Nowhere Quickly?

Talking Logistics

Will there be a future for driverless trucks in logistics? It’s really interesting how [activity around driverless vehicles] has developed fairly rapidly over the last couple of years,” said Jeff Potts, Senior Vice President Business Development at LeanLogistics , in a recent Talking Logistics episode. Then post a comment and share your perspective on if, when, and how driverless trucks will impact logistics in the future!

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

The world of supply chain and logistics is changing every day. Each one is featured as having done something unique to reinvent their supply chain and logistics. Coyote Logistics @CoyoteLogistics Coyote Logistics prides itself on its innovative logistics and supply chain philosophy. Globally, the company ranks 3rd in air and ocean freight, and ranks 5th for international contract logistics.

Insights from Kenco Customer Summit 2015

Talking Logistics

I attend and speak at many supply chain and logistics conferences throughout the year, but among my favorites are those that bring a relatively small group of executives together to discuss timely and important industry topics. The other session leaders were: Brian Devine, SVP at ProLogistix , on trends in logistics labor market. Kristi Montgomery, VP at Kenco Innovation Labs , on logistics innovation trends. Trends in Logistics Labor Market.

Successful Product Innovation Requires Supply Chain Insight

Material Handling and Logistics

A new study from the University of Tennessee, Knoxville’s Global Supply Chain Institute suggests some of the fault resides in the tendency of organizations to omit supply chain considerations when assessing a new product’s business case. “A Note: This article originally appeared on the University of Tennessee Knoxville website.

Unlearning Supply Chain Management

Talking Logistics

The near-infinite processing power Cloud computing provides (along with other technological innovations) will cause everyone in the supply chain and logistics field to unlearn the way we’ve always done things, everything from the way we design software applications to how we design and manage supply chain processes. The “Great Unlearning Begins” I wrote back in December 2014; it was one of my supply chain and logistics predictions for 2015.

Conversation with Kate Vitasek, Author of “Vested Outsourcing”

Talking Logistics

In this episode, Adrian interviews Kate Vitasek, who is a faculty member at the University of Tennessee’s Center for Executive Education. Tweet The post Conversation with Kate Vitasek, Author of “Vested Outsourcing” appeared first on Talking Logistics with Adrian Gonzalez.

Who Should Be In The Winner’s Circle?

Supply Chain Shaman

The topic of the meeting was the logistics to launch of the AMR Research Top 25. I don’t think so; yet, there is an IBM sponsored whitepaper from the University of Tennessee sharing insights from Mondelez leadership in supply chain management.

What is Supply Chain Compliance and Why is it Important?

AB&R

Tennessee. Asset Management Blog Inventory Management Managed Services Manufacturing RFID Transportation & Logistics asset management barcode verification compliance labeling GS1 harsh environment labeling UDIWhen you hear the word compliance , what’s the first thing that comes to mind? Here is a good question to help you understand what compliance should look like in your organization. What are your customer, partner, regulatory, and vendor expectations?”.

This Week in Logistics News (February 19-23, 2018)

Talking Logistics

But I did manage to keep a pulse on what was happening in the supply chain and logistics industry; here are the items that caught my attention: KFC restaurants could remain closed for ‘remainder of the week’ due to chicken shortage crisis (Independent). Logistics Outsourcing: Another Case of Being “Penny Wise, Pound Foolish”. Still think logistics is just a cost center ? Still don’t see the link between logistics and brand reputation?

The Keys to Developing Successful 3PL-Customer Relationships

Talking Logistics

A research paper published recently by the University of Tennessee’s Haslam College of Business highlights several best practices in selecting and managing a third-party logistics provider. In this episode, Sean Coakley, Senior Vice President at Kenco Logistics (which sponsored the research) shares insights and advice from the paper and his many years experience working with leading companies in the industry. Live Episode: Tuesday, March 1, 2016 at 12:00 pm ET.

Collaboration Key in Creating Competitive Advantages Through Supply Chains

Supply Chain Network

BOSTON, MA, October, 27, 2017 – Research recently published by the University of Tennessee, Knoxville’s Global Supply Chain Institute , and sponsored by Maine Pointe , identifies collaboration as one of six key elements of creating competitive advantages through supply chains. Research confirms cross-functional collaboration and supply chain integration are challenging business goals that many companies deprioritize because the value is difficult to define.

Ryan Cunningham

Saddle Creek Logistic Services

For Ryan Cunningham, a Supervisor at Saddle Creek Logistics Services in Fort Worth, Texas, a supportive work environment was crucial. Ryan joined the MTP program as a recent graduate from the University of Tennessee, Knoxville, with a degree in Supply Chain Management, a collateral in Marketing, and a dual minor in Spanish and Entrepreneurship. Saddle Creek is a growing logistics company where you can experience a dynamic environment, increase your skills and advance your career.

Chris Bolen

Saddle Creek Logistic Services

For over a decade, Chris Bolen has been helping make warehouses more productive and efficient at Saddle Creek Logistics Services. He has spent his career growing his knowledge in logistics and expanding his responsibilities at Saddle Creek. He joined the company’s Management Trainee Program right after graduating in Supply Chain Management from the University of Tennessee. The post Chris Bolen appeared first on Saddle Creek Logistics Services

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. FedEx set out to become a global logistics player as a full-service freight operator.

The Next Transportation Industry Disrupter – Hybrid Semi’s. All Hype or Reality?

Oracle SCM

I was an Air Force brat growing up and when we traveled to our family’s home on holidays to Knoxville Tennessee I was always amazed by all the big rigs on the road. I am very excited about this new technology and when tied to state of the art logistics and transportation optimization solutions like Oracle Transportation Management Cloud the savings potential will be a game changer. The Next Industry Disrupter – Hybrid Semi’s. All Hype or Reality?

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Showcase Your Company's Supply Chain Excellence — Three Days to Submit

Supply Chain Brain

Finalists are asked to present their case studies at CSCMP's 2018 EDGE Conference in Nashville, Tennessee. Business Strategy Alignment Education & Professional Development Global Supply Chain Management Global Trade & Economics HR & Labor Management Humanitarian Logistics Quality & Metrics Regulation and Compliance SC Analysis & Consulting Supply Chain Security & Risk Mgmt

7 Pitfalls of Amazon FBA (Fulfillment By Amazon)!

Supply Chain Game Changer

Fulfillment by Amazon or Amazon FBA lets sellers in the Amazon marketplace take advantage of Amazon’s giant logistics operation to ship their orders. Amazon runs an enormous fulfillment and logistics business. If Bob chooses Red Stag as his fulfillment warehouse, his inventory in our Knoxville fulfillment warehouse may trigger an obligation for him to register to collect and remit Tennessee sales tax. Subscribe Here! Email Address. Article provided by Jake Rheude at [link].

Visibility in Transportation Management Leads to Supply Chain Excellence

Talking Logistics

in Labor Savings Per Shipment: Automated booking improves productivity and quality of logistics team’s activities. in Freight Cost Savings Per Shipment: Logistics Sourcing activities improve negotiated rates. in C2C Improvements Per Shipment: Automated shipment confirmations from logistics service providers (LSPs) reduces Days of Inventory by speeding up PGI.

The Truth About Working at a Fulfillment Centre!

Supply Chain Game Changer

Most shockingly, the article also recounted an incident in a Tennessee warehouse where a worker died. I won’t deny that it gets hot in Knoxville, Tennessee, in the summer – it does. Freight and Logistics Guest Blog Post Human Resources Supply Chain Management Distribution Center Distribution Logistics warehouseSubscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Keys to Success in Warehouse Management/Order Fulfillment! Video).

Collaboration in supply chain management is key

Kinaxis

by John Westerveld When scrolling through my news feed Friday, I found this article from SCN : “ Collaboration Key in Creating Competitive Advantages Through Supply Chains “ The article describes research recently published by the University of Tennessee, Knoxville’s Global Supply Chain Institute.

Becoming a High Performing Sense and Respond Enterprise: End-to-End Supply Chain Visibility is Key

Talking Logistics

The flow of supplies, finished goods, and information are widely distributed, presenting significant challenges across a manufacturer’s entire supply chain network of customers, suppliers, and logistics providers. Next-generation business networks, where commerce is digitized and flows across buyers, suppliers and logistics providers, is key to enabling future looking capabilities. As supply chains extend globally, they become more complex.

Three supply chain lessons for businesses coping with COVID-19

CH Robinson Transportfolio

Despite past lessons from 2003’s SARS outbreak and 2011’s Fukushima tsunami about the hidden weaknesses in their supply chains, companies are challenged to manage logistics concerns stemming from sourcing strategies and risk management. Here are three lessons that the logistics industry can take away from the ongoing pandemic: Lesson one: Evaluate your supply chain design.

Three supply chain lessons for businesses coping with COVID-19

CH Robinson Transportfolio

Despite past lessons from 2003’s SARS outbreak and 2011’s Fukushima tsunami about the hidden weaknesses in their supply chains, companies are challenged to manage logistics concerns stemming from sourcing strategies and risk management. Here are three lessons that the logistics industry can take away from the ongoing pandemic: Lesson one: Evaluate your supply chain design.

The Problem with “No Problems”

Talking Logistics

Andy received both a BS Degree in Logistics and Transportation and an MBA from the University of Tennessee. The post The Problem with “No Problems” appeared first on Talking Logistics with Adrian Gonzalez. Warehouse managers might think a report of “no problems” means their warehouse is running in top form — but there is a big problem with a report of “no problem.”.

31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

Cerasis

Reverse logistics (returns, warranties) are more manageable closer to market. Ford returned another 1,800 jobs to Tennessee to make Cadillac SRXs and build engines. Twitter Facebook Google+ LinkedIn The post 31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats appeared first on Freight Logistics Company | Cerasis. This is the first post in a two part series on our update on Reshoring.

Keep Your Cargo Out of Danger: Best Practices for Transportation Risk Management

CH Robinson Transportfolio

According to a paper published by the Global Supply Chain Institute at the University of Tennessee, only 25% of a typical company’s end-to-end supply chain is being assessed in any way for risk. Choose an insurance intermediary with experience or specific training in international logistics and transportation insurance. Work with a logistics provider that has in-house risk management professionals to help uncover potential liabilities in the supply chain.

The Most Overlooked Cloud Opportunity

Talking Logistics

While these benefits are real and significant, there is an even bigger opportunity and value proposition that many software vendors and users still don’t get, especially when it comes to cloud solutions focused on supply chain, logistics, and other cross-enterprise business processes. 3PLs with warehouses in Nevada and Tennessee with Automotive connections. Note: Descartes, Elemica, GT Nexus, and LeanLogistics are Talking Logistics sponsors.

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