This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Chuck specializes in Supply Chain Optimization, ThirdPartyLogistics (3PL) and International Purchasing and Importing Consulting. The post Managing a ThirdPartyLogistics Partnership appeared first on The Logistics of Logistics. Never sign a contract without visitation to the 3PL.
Creating a data-driven supply chain tracking important transportation metrics helps shippers respond and adapt as quickly as possible to known and unknown events. Why Monitor Transportation Metrics. Transportation metrics provide visibility that helps drive operative and competitive advantages.
He is focused on revolutionizing the 3PL industry by providing innovative solutions that enable third-partylogistics providers to increase their profitability and efficiency. Data-Driven Insights: Provides valuable insights into shipping costs and performance metrics to optimize operations.
When your business is receiving more orders than it’s possible to fulfil in-house, third-partylogistics (3PL) can mean the difference between disappointing customers and capitalising on that success. In this guide to third-partylogistics: What is 3PL? With all that in mind, 3PLs are not for everyone.
Most of the industry makes most of the visibility solutions from third-partylogistics providers and technologists obsolete. Record shipment times into a dynamic database for lead times (based on actual data) and ground planning models with this new logistics reality. I love the metaphor of watermelon metrics.
We’ll examine the key components of efficient supply chains, explore essential performance metrics, and uncover the fundamental drivers that influence efficiency. Efficient supply chains strengthen collaborative relationships through automated communication systems and shared performance metrics.
Ben is Vice President of Managed Services at Coyote Logistics , a leading global third-partylogistics provider. About Ben Steffes Ben Steffes is Vice President of Managed Services at Coyote Logistics, a leading global third-partylogistics provider.
The success of the third-partylogistics industry is evident in the generally high marks given to 3PLs by respondents to a survey as part of the 2013 17th Annual ThirdPartyLogistics Study, which identifies trends and explores how both 3PLs and shippers are using these relationships to improve and enhance their businesses and supply chains.
3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance. Every company knows customer service is important, but it is seldom well-defined, and even more rarely measured in logistics operations. Read more. .
While most companies have been able to make progress in one of these two critical metrics in the period of 2006-2013, they have not been able to make progress on both together. Will your UPS store or Third-partyLogistics (3PL) provider, through printing on-demand, become the new provider of parts for industrial equipment?
Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.
I am hearing it again in my interviews for the book Metrics That Matter. And, as shown in our prior reports, the variation in contract manufacturing and third-partylogistics providers should be a stay-awake issue for companies worried about corporate risk. It has been a two-year research effort, and we are not done.
Learning the difference between thirdpartylogistics (3PL) and fourth-partylogistics (4PL), as well as 1PL and 2PL, and the rise of even fifth-partylogistics (5PLs) is becoming increasingly sophisticated and valuable for driving successful supply chain operations.
OTIF is a key supply chain metric. Andrew Lynch is President and co-founder of Zipline Logistics , an award-winning North American 3PL that specializes exclusively in the transportation of retail consumer goods. third-party?logistics. About Zipline Logistics. About Andrew Lynch.
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.
Importance of Metrics in Reverse Logistics Management. To monitor progress against its reverse logistics management plan, a company needs metrics that measure the financial impact of returns on the firm and on other members of the supply chain. is used in the reverse logistics process. How much value is recaptured?
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-partylogistics (3PL) business today operating without some form of a warehouse management system ( WMS ) connecting the digital dots.
Why has this become so important for shippers and third-partylogistics providers (3PLs)? We’ve always had systems that allowed you to get visibility within your own four walls,” said Bennett Adelson, CEO of MacroPoint in a recent episode of Talking Logistics. What’s driving this demand?
As bulk of the action in enterprises shifted from within the four walls of the company to outside the company due to increased use of contract manufacturing and thirdpartylogistics (3PL), traditional technologies built on ERP foundation came up short.
This is in part due to the fact that as a thirdpartylogistics company, focused on efficient and strategic transportation management solutions through technology and services, it is vital for us to educate our shipper customers and our team in order to continually improve and always provide value. .
In the Supply Chain Metrics that Matter table, we can clearly see that “operating margin” and “inventory turns” matter to public financial performance. Each faces four years of deterioration on this important supply chain metric. They measured out-of-stocks at the shelf and they made improvements.
In other words, manufacturers need analytics from point-of-sale systems, transportation metrics and more. As a result, manufacturers must be wary of overproduction and focus on providing the products customers want now, not tomorrow. Furthermore, companies must extend the buying cycle to get as much information as possible from consumers.
Unfortunately, we find most companies are moving backwards on the Supply Chain Metrics That Matter™ or making progress on singular metrics versus driving performance improvement on a balanced portfolio of supply chain metrics that correlate to market capitalization. (If The winners and finalists are an elite group.
Meanwhile, more companies are turning to entities outside of the company, like third-partylogistics 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.
OTIF is a key supply chain metric. Andrew Lynch is President and co-founder of Zipline Logistics , an award-winning North American 3PL that specializes exclusively in the transportation of retail consumer goods. third-party?logistics. About Zipline Logistics. About Andrew Lynch.
Approximately 54 percent of companies actively run metrics on inbound freight, but these metrics may be lacking. In other words, the term, “metrics,” can be deceiving. Since a metric is a data point, metrics can include the number of vendors used, the percentage of on-time deliveries or spend-to-carrier ratios.
How are market fluctuations impacting the supply chain and logistics operations of Oil and Gas companies? Which metrics are the most important? What role can third-partylogistics providers play in helping Oil and Gas companies move up the supply chain maturity curve? Kent Stuart, Director of Oil and Gas at at C.H.
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 thirdpartylogistics company with the goal of choosing a warehouse and 3pl provider.
Gaurav mentioned it in reference to JDA’s ongoing efforts to improve the user experience of its solutions, but the phrase sparked a different question for me: What if Simplicity-as-a-Service became the main value proposition software vendors and third-partylogistics providers (3PLs) offered their customers? How do you do it?
Following this, Mr. Welty purchased a WMS company which became the platform upon which he created a different business called Quiet Logistics, a third-partylogistics company focused on picking ecommerce orders with robotic technology. Their metrics just don’t make sense.
This is the first post in an ongoing series on effective KPI management from thirdpartylogistics consultant, Chuck Intrieri, of The Lean Supply Chain. . To be unified is to collaborate and trust the shipper/customer ThirdPartyLogistics Service Provider (3PL) relationship. Collaboration.
This is where metrics can get a little fuzzy. However, the reality was that the 4% metric was misleading. Complicating matters even further are carrier, port, regional, and government variances in how Free Time is measured around the world. How do you account for Free Time across your global supply chain?
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 ThirdPartyLogistics, Warehouse information, Technology, and KPIs. Warehouse Statistics and KPIs Every Logistics & Warehouse Manager Should Know.
Within the report, each risk is assigned a risk score metric to help global supply chain leaders prioritize planning and mitigation efforts this year. Specifically cited are impacts on third-partylogistics providers (3PLs) being disproportionately impacted by ongoing cyber threats compared to transit hubs like cargo ports and airports.
To compete as an integrated supply chain, companies must better understand how to manage their relationships with their supply chain partners, whether they are suppliers or third-partylogistics providers (3PLs). It’s common to hear managers talking about having a strategic partnership with all or most of their suppliers.
A TMS combines the perks of working independently with the benefits of working together, and shippers can combine orders from different channels and of different modes into one environment, reducing unnecessary delays and costs along the way, reports Roberto Michel of Logistics Management. Use Incentives.
As a third-partylogistics 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!), at Cerasis, we know a thing or two about the nuances of LTL procurement. Agree on criteria and measurements for performance evaluation.
Unfortunately, we find most companies are moving backwards on the Supply Chain Metrics That Matter™ or making progress on singular metrics versus driving performance improvement on a balanced portfolio of supply chain metrics that correlate to market capitalization. (If The winners and finalists are an elite group.
Consider Third-PartyLogistics (3PL) 3PL providers bring specialized expertise, advanced technologies, and economies of scale to streamline logistics operations, reduce costs, and free up internal resources. Which warehouse performance metrics should be tracked?
Chuck specializes in Supply Chain Optimization, ThirdPartyLogistics (3PL) and International Purchasing and Importing Consulting. The post Service Level Agreement Defined appeared first on The Logistics of Logistics. About the Author, Chuck Intrieri. Chuck Intrieri is the owner of Charles M.
Third-partylogistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. This compilation is based on the most currently available company revenue data (between 2018 and 2020) without factoring in any other metric.
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-partylogistics (3PL) provider.
Their processes cannot ship and track the EACH and the outsourcing to third-partylogistics is too expensive. At the beginning of the decade, only 5 percent of companies rated their capabilities to ship the EACH as satisfactory resulting in the use of many third-partylogistics solutions to fill the gap.
These metrics would, of course, be aligned and are updated every hour. The metrics are also manual as automatic metric systems cannot retrieve the information at an hourly frequency as these metrics are process inputs and not outputs. Specific metrics: process metrics and outcome metrics.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content