Managing a Third Party Logistics Partnership

The Logistics of Logistics

If you do not want to start at the 3PL as a contact customer with a SLA/KPIs, you can ship your goods and become a public account. Chuck specializes in Supply Chain Optimization, Third Party Logistics (3PL) and International Purchasing and Importing Consulting. The post Managing a Third Party Logistics Partnership appeared first on The Logistics of Logistics.

E-commerce spurring drive for innovation in third-party logistics industry

EFT

With both the rise of e-commerce and the increasing expectations of a consumer-like experience for B2B, 3PLs are experiencing pressure to evolve regardless of their customers says the Third Party Logistics Report. In this dynamic environment, e-commerce and omnichannel strategies have become a must-have for expanding logistics businesses.

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The 6 Trends Third Party Logistics Service Providers Will Drive to Empower Shipper Success in 2017

Cerasis

2017 will not be a bed of roses for third party logistics service providers, nor will the coming year be filled with thorns in the sides of major supply chain entities. Take a moment to think about how these remaining six trends will impact the shipping and freight industry as a new administration takes control. The Trump administration could be a redeeming feature for the logistics industry, but some of his recent promises could come at a great price.

The Most Important Distribution Center Metrics to Track and Understand

Cerasis

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. Additionally, the use of metrics fosters positive relationships with coworkers and adherence to rulesets and best practices for the respective third-party logistics provider (3PL). What Distribution Center Metrics Need Tracking? On-Time Shipping.

This Week in Logistics News (September 7-11, 2015)

Talking Logistics

Remembering 9/11 seems more important to me, even if it doesn’t directly relate to supply chain and logistics. The fact of the matter is that most companies still have a poor understanding of their end-to-end supply chain processes, including shipment flows and the identity of all the parties involved. They also lack process controls and metrics. Moving on to this week’s supply chain and logistics news… XPO Logistics to Acquire Con-way.

3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

Cerasis

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Promise time, lead time, cycle time, transit time, delivery time, unloading time, processing time, queue time, quality assurance time, processing time, turnaround time, receiving time, and shipping time to the customer, (and I bet you could think of more "times" to measure!). 10 Soft Metric Considerations in Measuring Supply Chain Performance.

The Best LTL KPI for Measuring Cost

The Logistics of Logistics

Logistics Key Process Indicators (KPIs). One of the reasons, to use LTL KPIs is to know whether the shipping function is improving. The KPI gives the shipper an objective measure to compare freight rates, different weights, freight class, carriers and shipping locations. In lieu of the KPI, shippers can only compare the prices for the same shipping lane. The cost per pound metric can be used to compare individual shipments, carriers, and even weekly invoices.

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The Best LTL KPI for Measuring Freight Damage

The Logistics of Logistics

With LTL shipping, shippers are more likely to experience freight damage, because the freight is unloaded and loaded more than a dedicated full truck. Logistics Key Process Indicators (KPIs). White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation. Bottom line: Measuring damage free shipments delivered is simple and can provide some great insights into the shipping function.

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The Best LTL KPI for Measuring On Time Performance

The Logistics of Logistics

Logistics Key Process Indicators (KPIs). White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation. Bottom line: Measuring on time performance is simple and can provide some great insights into the shipping function. Armed with the on time performance KPI, shipping folks can drive improvements in the shipping process.

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The Best LTL KPI for Measuring Billing Accuracy

The Logistics of Logistics

With LTL shipping, inaccurate bills are the norm. The next step is to make the appropriate changes with the internal shipping team and or the carriers. The carrier and or the logistics companies involved can help the shipping group identify the correct NMFC and freight class. Logistics Key Process Indicators (KPIs). White Paper: The Essential Guide to LTL Shipping Improvement: Action Plan and Metrics for Rapid Transformation.

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Webinar: Using LTL Key Process Indicators (February 27, 2013)

The Logistics of Logistics

LTL key process indicators (KPIs) for the most important aspects of LTL shipping. The post Webinar: Using LTL Key Process Indicators (February 27, 2013) appeared first on The Logistics of Logistics. In this free webinar, participants will learn a methodology for using LTL key process indicators (KPIs). The LTL key process indicators are used to measure and then improve LTL carrier performance.

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LTL Carrier Scorecard with Key Process Indicators (KPIs)

The Logistics of Logistics

The LTL carrier scorecard becomes a roadmap for driving LTL shipping improvements. The old adage, “you can’t manage something you can’t” measure” definitely applies in logistics. Without measurement, shippers and logistics providers are not able to objectively analyze logistics performance. Key Process Indicators vs. Metrics. A metric is any standard of measurement (number of carriers, inventory turns, average shipment weight, etc.).

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Webinar: How to Measure LTL Carrier Performance and Save Money (November 21, 2012)

The Logistics of Logistics

They will also learn specific actions for reducing LTL carrier shipping costs. Key process indicators (KPI) for the most important aspects of LTL shipping. The post Webinar: How to Measure LTL Carrier Performance and Save Money (November 21, 2012) appeared first on The Logistics of Logistics. In this free webinar, participants will learn a methodology for measuring LTL carrier performance. Webinar topics will include: 1.)

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The Better Goal: More Fuel Efficient Trucks or Using Fewer Trucks?

Talking Logistics

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 Regardless of your point of view on truck fuel efficiency standards, the reality is that it only addresses part of the opportunity available to shippers, carriers, and third-party logistics providers (3PLs) to reduce transportation costs and carbon emissions.

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. The result is expensive; using faster shipping methods to get the part back on the shop floor.

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9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL

Cerasis

This is the first post in an ongoing series on effective KPI management from third party logistics consultant, Chuck Intrieri, of The Lean Supply Chain. . A service-level agreement (SLA) is a contract between a logistics service provider and a customer that specifies, usually in measurable terms, what services the logistics service provider will furnish. Many logistics service providers will provide their customers with an SLA.

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

How Can Supply Chain Leaders Use Big Data as a Tool to Continuously Improve?

Cerasis

Consider the following elements explains John Richardson of Inbound Logistics, that impact business strategy. Raw material suppliers and logistics. Transportation modes used in procurement and shipping. This is actually where the concept of third-party Logistics providers involved. Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly.

[INFOGRAPHIC] Optimize Manufacturing Operations with these 5 Golden Manufacturing Metrics

Cerasis

Editor's Note: As a third party logistics company with a focus on better Less-Than-Truckload (LTL) freight management, we have several shippers who are in the manufacturing industry. In order to optimize manufacturing operations, or really just about anything, you need to have at your fingertips the best and most accurate manufacturing metrics around. The 5 "Golden Metrics" to Know in order to Drastically Improve Manufacturing Operations.

Ultimate guide to warehouse logistics: Enhance organization, movement, and management

6 River Systems

Warehouse logistics is the heart of any supply chain operation, assimilating and dispatching goods to ensure availability and timely delivery. One of the best ways to reduce shipping costs and ensure fast delivery is by optimizing warehouse logistics. What is warehouse logistics?

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50 Most Read Articles of All Time in Manufacturing, Supply Chain, Logistics, Transportation, & Freight

Cerasis

Since today is the last day of the year before we all get ramped up towards a productive 2016 and after finishing out top 10 most read articles in each of our five main categories ( Manufacturing , Supply Chain , Logistics , Transportation , & Freight ) we wanted to give you all a treat and list the top 50 most read articles of all time from the Cerasis blog. INFOGRAPHIC] Top 10 Logistics and Supply Chain Facts of 2014. Layers of Logistics Explained. Happy New Year!

4 Long Term Ways to Save with Less Than Truckload Freight Shipping

Cerasis

So, your organization has decided to explore the benefits and perks of less than truckload freight shipping. Let’s take a look at how the TMS impacts the costs of shipping over the long term in four critical areas. Overall Costs of Less Than Truckload Freight Shipping. For an organization to justify the cost of using Less than truckload freight shipping, the topic of return on investment usually crops up.

Is Seamless OmniChannel Possible? How to Avoid Supply Chain Technology Hiccups

Cerasis

Meanwhile, more companies are turning to entities outside of the company, like third-party logistics or integrators (3PLs and 3PIs) to manage omnichannel supply chains , reports Maarten Baltussen of Supply Chain Digital. In fact, third-party companies already have the first step in the bag, and you need to understand why. If the customer uses online and in-store shopping to make a purchase, shipping and pickup options should include A, B and C.

3 Components to a Complete Lean Transportation Management System

LeanCor

We partner with a third party logistics provider to manage our transportation management. We have formally educated, experienced, and disciplined logistics professionals on our transportation team. After all, logistics processes are labor intensive and hence the importance of people. Although many people are looking for the “magic bullet” from technology, the fact remains that logistics is about processes, and people execute processes.

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10 Tips Shippers Can Use to Reduce Costs in LTL Procurement with Better Request for Pricing Bidding

Cerasis

As a third-party logistics company focused on over the road transportation management, and having an LTL rating engine and web-based TMS for nearly 20 years (web-based even before Google!), Shippers structure a successful RFP when they align themselves with carriers that fit their shipping profile. Snap decisions can be costly to all parties. Routing guides optimize freight lanes and remove excess shipping costs. Logistics LTL ltl procurement

5 Reasons Why Manufacturers Who Focus on Customer Experience Will Win

Cerasis

In addition, customers are continuing to demand lower prices and free shipping. In other words, manufacturers need analytics from point-of-sale systems, transportation metrics and more. In fact, manufacturers can collaborate with third-party logistics providers ( 3PLs ), like Cerasis , to realize the benefits of collaboration and taking advantage of business-to-business (B2B) sales through integration of systems, explains Louis Columbus of Supply Chain 24/7.

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 to Capture Full Divestiture Value with a 3PL

Talking Logistics

Today, shippers face increased regulations, unstable market conditions and capacity concerns that make it near impossible for a newly divested company to achieve all of its goals without the expertise and support of a third-party logistics (3PL) provider. A 3PL provider offers customers with outsourced, or “third party,” logistics services for part or all of their supply chain management functions.

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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. These are a la carte, or per service, and outside of standard shipping and receiving. Audit — In logistics, an audit refers to the process of examining, adjusting, and verifying freight bills for accuracy. Consignor — The originator of shipped products.

The Top Logistics Blogs of 2016 …So Far

Cerasis

We continue our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and Supply Chain ). Today's post will cover the top 5 logistics blogs from 2016 so far. Top Logistics Blogs from the First Half of 2016 So Far. It was clear that the logistics blogs category most top viewed blog posts from the first half of 2016 included many aspects of logistics. From Third Party Logistics, Warehouse information, Technology, and KPIs.

6 Best Practices for eCommerce Warehousing

Cerasis

Graves of Inbound Logistics , accounting for nearly one-half of $1 trillion by 2010. It stands to reason that compliance requirements , such as the EDI 856 Advanced Shipping Notice, will continue to become more important. In other words, shippers need to be prepared to take on the costs of free return shipping, assistance when printing shipping labels and processing returns as they come in. Use Metrics to Track Progress and Order Fulfillment Processes.

Transforming Consumer Value Chains: Navigating The Power Shift to the Shopper

Supply Chain Shaman

Traditional supply chains ship cases, pallets and trucks; but not the EACH. With the dawn of eCommerce, companies must now ship the EACH. We how have the endless aisle with the need to ship the EACH. Their processes cannot ship and track the EACH and the outsourcing to third-party logistics is too expensive. As a result, unit picking, shipping and returns is redefining warehouse management and transportation processes.

The Top 5 Transportation Management Blogs of 2016 …So Far

Cerasis

Today, we wrap up our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and Supply Chain ). From transportation management trends to creating a competitive logistical edge. Maintaining the best possible fleet for your shipping needs requires vigilance and the tracking of specific measures across their performance. The Top 10 Most Common LTL Shipping Mistakes Made by Shippers.

The Importance of Carrier Selection in E-Commerce

Cerasis

While competition is good, it is often forgotten when thinking about shipping. We’ve discussed the importance of using parcel shippers , multi-carrier shipping programs and joint-ventures with Magento Freight Shipping in the past, but the importance of carrier selection is taking center-stage once more. You need to have multiple carrier options available for selection to keep the price point and shipping cost of your products down. More Shipping Lanes and Availability.

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Countdown to Black Friday: It’s the Final Countdown, So Get Your Shipments Up in the Air

CH Robinson Transportfolio

To thoroughly prepare for major logistics events like Black Friday or Cyber Monday, roadmap it out with your third party logistics (3PL) provider. Understand the metrics of air cargo: time and money. consumer holiday shopping season begins—we’re highlighting several areas of logistics that are integral in making Black Friday possible. Global Transportation Air Black Friday Shipping

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