SCMDOJO

JULY 24, 2023

In this blog, we will answer the question: what is Contract Logistics, and explore its definition, solutions, challenges, and opportunities, understanding why Contract Logistics is considered as the hub of logistics today and how it can help businesses thrive in an ever-evolving market.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

GlobalTranz

JANUARY 4, 2017

When it comes to the logistics industry, whether it's transportation management contracts or warehouse contracts, there are a million moving parts, and as many questions. In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

Supply Chain Shaman

MARCH 19, 2014

I believe that companies made progress in projects and drove short-term progress, but that it could not be sustained. I am hearing it again in my interviews for the book Metrics That Matter. More encompassing of metrics beyond the growth, inventory and Return on Assets (ROA) metrics used in the Gartner Top 25.

Gartner 312

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Software 312

Taulia

OCTOBER 20, 2021

In today’s challenging market, companies face multiple challenges, from shortages of crucial components to port congestion, high shipping costs, logistics delays and uneven customer demand. While every company will have different priorities, a number of metrics can be used to measure supply chain efficiency.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

GlobalTranz

JULY 8, 2016

Yet, all metrics and scorecards are not equal, and you need to know what metrics should be included in your carrier scorecard. 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.

Transportation Management 125

Transportation Management Transportation Resource Reduction Cost Reduction Strategies 125

Talking Logistics

JUNE 22, 2015

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 billion barrels over the lifetime of the vehicles sold under the program. Why aren’t more shippers engaged in collaborative shipping?

Vendor Strategies 100

Vendor Strategies Cost Reduction Strategies Price Reduction Procurement Analytics 100

Locus

DECEMBER 16, 2021

The matters are further complicated by an increasing demand for sustainable sourcing, which puts more pressure on the supply chain. There is a need for a plan that sticks; one that is preferably long-term, and this means proper logistics planning, streamlining production and keeping alternative suppliers at the ready.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 52

Talking Logistics

MARCH 2, 2017

Rather, it’s about winning the ongoing competition between shippers and third party logistics (3PLs) providers to secure those assets in order to maintain supply chain velocity. Dedicated virtual fleet services are only sustainable when combined with a TMS and/or outsourced carrier operations.

Capacity 0

Capacity Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 0

Clear Spider

OCTOBER 26, 2022

If you want to drive sustainable growth for your business, you have to achieve the right balance of cost reduction and fulfillment flexibility. As a result, vendors use better demand forecasting to meet inventory goals, while customers focus on improving other metrics like customer service and brand loyalty.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Examples Cost Reduction Strategies 52

Unleashed

MARCH 31, 2021

For many more, this would be too expensive or their supply chain simply isn’t complex enough to warrant such an investment, so they outsource to third parties. These may be known as logistics service providers (LSPs) or third-party logistics (3PL) providers, depending on the context for which they are needed.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

Talking Logistics

JULY 14, 2015

The relationship between a shipper and a logistics provider often starts as a transactional process. The shipper has an immediate need, which leads to a Request for Proposal (RFP) or Request for Quote (RFQ) process then ultimately selects a third-party logistics (3PL) supplier to execute on that need.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Six Sigma Waste Reduction Supply Chain Planning Software 100

ShipBob

JULY 2, 2021

However, in the near future, we will see a lot of progress as there is a growing concern around driver shortage and sustainability concerns, which are key factors that are driving major investments in self-driving transportation. . Warehouse robotics. Manuel de la Cruz, CEO at Boie .

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 98

GlobalTranz

OCTOBER 27, 2015

Today we continue our series on successfully working with a logistics company, often called a third party logistics company by focusing on how to properly understand the success of the engagement by knowing all the key performance indicators that a shipper could put in place.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

Intelligent Audit

FEBRUARY 3, 2022

Understand data-driven metrics and KPIs within the freight bill auditing services ’ software. They can help create plans that will be sustainable in perpetuity. Now, remember that a significant source of freight payment mistakes is improper invoicing and weight declarations by truckers and 3PLs (third-party logistics).

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

Logistics Bureau

NOVEMBER 27, 2016

The answer lies in the company’s commitment to corporate responsibility and sustainability. By way of its sustainability objectives, Unilever is enhancing all the characteristics inherent in best-in-class supply chains. The Sustainability Drive. Sustainable Supply Chain Lessons from Unilever.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

Gravity Supply Chain

MAY 20, 2022

The quantity of goods carried by containers soared from 102 million metric tons in 1980 to about 1.83 billion metric tons as of 2017. Gravity regularly uses the data of third-party logistics (3PLs) providers. In 1956, manually loading a ship cost $5.86 How Gravity Supply Chain solutions uses Spire AIS data.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

Locus

FEBRUARY 3, 2022

It shows that growing home service providers with in-house logistics operations often miss out on fielding incoming customer requests, and often make errors in time slot management. This is where third-party logistics (3PL) providers can make all the difference. Share and Enjoy !

3PL 52

3PL Logistics Network Optimization Software Optimal Sourcing Company 52

BlueYonder

MAY 16, 2023

With omni-channel fulfillment, automation, labor, and sustainability trends accelerating, we believe that this placement reflects our innovation-driven culture that is inspired by our customers in the manufacturing, retail, and third-party logistics (3PL) industries.

Gartner 73

Gartner Supply Chain Planning Software Supply Chain Design Software Analytics Software 73

Unleashed

MARCH 5, 2024

Selecting the right automation solutions at the right time for the business is vital for sustaining a company’s cash flow and profitability. Supply chain and logistics automation Supply chain and logistics solutions enable integration between various links in a supply chain to improve supply visibility, collaboration, and accuracy of costs.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Examples Inventory Management Software 52

Unleashed

JUNE 23, 2021

More widespread third-party logistics. Sustainable supply chains. More widespread third-party logistics. For growing businesses the cost of operating warehouses and owning vehicles can be limiting – so for SMEs in particular third-party logistics (3PL) are an attractive solution.

Inventory Management Software 80

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

CH Robinson Transportfolio

NOVEMBER 25, 2019

That’s why it’ important to establish sustainable shipping practices for the future, especially for populations living close to ports and coasts. million metric tons annually. It’s also important to work closely with a third party logistics provider (3PL) like C.H. That’s 8.5

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Sourcing Strategies Third Party Logistics 45

GlobalTranz

DECEMBER 30, 2014

Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible? Let’s take a look at these trucking industry trends and what kind of facts they provide. Read the Full Blog Post.

Expense Reduction 232

Expense Reduction Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 232

GlobalTranz

OCTOBER 19, 2015

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. Creating an Effective Transportation Management Program Run by Metrics.

Transportation Management 120

Transportation Management Resource Reduction Cost Reduction Strategies Optimal Sourcing 120

ShipBob

AUGUST 3, 2020

VC spending is rising, but they want sustainable growth now. Ecommerce VCs are becoming increasingly wary of investing in companies that burn through cash so fast and can’t build a profitable and sustainable business model. Sustainable growth. A thorough understanding of metrics that prove out business models.

Trends 105

Trends Purchasing Skills Manufacturing Procurement Modeling Software 105

SCMDOJO

MARCH 19, 2024

Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. The success of the emails can be tracked through metrics such as bounce, click-through, and conversion rates.

Supply Chain Visibility 76

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 76

ShipBob

JUNE 18, 2023

Understanding both of these metrics allows you to know the cost of producing and selling your products. With a tech-enabled third-party logistics (3PL) company like ShipBob, you can log in to your inventory management system and access real-time inventory counts.

Inventory 98

Inventory Purchasing Skills Manufacturing Procurement How To 98

American Global Logistics

NOVEMBER 21, 2023

These partnerships involve sharing sensitive data like contracts, pricing information, and performance metrics. Conclusion While big data presents immense opportunities for shippers and third-party logistics providers, it also poses significant challenges related to data quality, security, and privacy. ISO 27001).

Analytics Software 52

Analytics Software Quality Security Analytics 52

ShipBob

SEPTEMBER 3, 2021

This includes the implementation of the latest logistics innovations , such as automation, data and analytics reporting, robotics, and AI learning. The goal is to create a more efficient supply chain that is fast, resilient, and more sustainable. . Why supply chains are going digital. Siloed supply chain communication.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Inventory Management Software 97

GlobalTranz

DECEMBER 28, 2015

Outsourcing in the supply chain of logistics teams may sound farfetched. Yet in outsourced logistics simply refers to hiring a third-party logistics service, 3PL, to handle the logistics services. The Most Important Distribution Center Metrics to Track and Understand. Read the Full article here. .

Logistics Network Optimization Software 120

Logistics Network Optimization Software Logistics Third Party Logistics 3PL 120

GlobalTranz

AUGUST 9, 2016

Metrics and Key Performance Indicators (KPIs) measure how well the shipper-transportation provider does in daily continuous improvement. The real goal is to negotiate carrier rates that are fair, competitive, and equitable for all parties. Measure Transportation Performance. Collaboration, trust, teamwork and cross-function thinking.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Cost Reduction Strategies Lean 120

ShipBob

AUGUST 30, 2021

From how quickly you can fulfill orders to how cost-efficient your logistics operations are, supply chain efficiency is a crucial part of growing a sustainable online business. This concept applies to many areas of business, and the supply chain is no exception. Supply chain analytics tips and best practices.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

ShipBob

MARCH 3, 2022

It is best to have a relatively low cost per unit, as long as the quality and sustainability standards are maintained. Below is how the relationship between these two metrics affects profitability: Break-even point is attained when cost per unit = price per unit. How to calculate cost per unit? Wondering how to calculate cost per unit?

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

6 River Systems

DECEMBER 11, 2018

Devise a model that supports environmental sustainability. “BSR recommends that companies address climate risks in their supply chains by focusing where they have the greatest impact and greatest influence and taking several steps: Consider a broad range of climate risks and prioritize parts of the supply chain that are most at risk.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

6 River Systems

APRIL 4, 2019

“The logistics industry is one of the biggest industries that will profit most from the digital revolution in 2019…” From quicker deliveries to more sustainable ways of transportation, harmonizing big data and automation efforts will ensure exponential growth in the industry. SupplyPike.

Logistics Network Optimization Software 76

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 76

6 River Systems

JULY 25, 2019

“Although it may not be the biggest challenge, third-party logistics is definitely one of the biggest areas where an issue can arise…” Because of all the moving parts we, at AGT Global Logistics, prefer to not see weather, construction, geography, industry worker shortages, federal mandates or traffic as challenges.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

Talking Logistics

DECEMBER 20, 2017

It is an operationally driven approach to tax planning, putting in place a flexible international structure fully aligned with the new business processes and designed to deliver sustainable, long-term reductions in effective tax rate. Kenco Group (a Talking Logistics sponsor) is a great example. Is Every Company a Technology Company?

Predictive Analytics Software 92

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 92

ShipBob

AUGUST 26, 2020

Over the years, the team has narrowed the questions down to a near science on what pulls through the best metrics and helps you really determine a marketer’s expertise. What are some key metrics to track in any ecommerce model? Pick a few metrics you’re familiar with and have experience measuring. Your possible answer.

Modeling Software 98

Modeling Software Optimization Software Analytics Software Logistics Network Optimization Software 98