3PL Insights

FEBRUARY 14, 2023

Retail logistics is responsible for delivering products to customers both in physical stores and online. This process starts from the moment a product is sourced from the supplier to the customer. Inventory Management Inventory management is the procurement, storage, and selling of a company’s inventory.

Logistics Network Optimization Software 92

Logistics Network Optimization Software Inventory Management Software Supply Chain Software Retail 92

Logistics Viewpoints

MAY 27, 2021

Extended offerings around value-added services, co-packing, co-manufacturing and even 3D printing will continue to deliver options that allow agility and scale in supply chain operations, with third-party logistics providers coordinating much of this capacity as they morph into super-grid logistics services providers.

Optimal Sourcing 231

Optimal Sourcing Supply Chain Software Logistics Network Optimization Software Modeling 231

SCMDOJO

JUNE 21, 2023

It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers. SCaaS offers a solution by enabling hospitals to engage in strategic procurement, ensuring standardized operations throughout the contract duration.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 94

The Logistics of Logistics

OCTOBER 12, 2012

Chuck Intrieri is currently a operations and management consultant focused on third party logistics (3PL) management. Chuck has significant operational experience having served as the Chief Procurement officer for The Schwinn Bicycle Company, Ping Golf, Troy Built as well as a procurement officer for Maricopa County Arizona.

Manufacturing Procurement 100

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 100

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

As a result, organisations have had to rely on a larger number of suppliers and third-party logistics to meet this demand. Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

GlobalTranz

APRIL 6, 2015

As a transportation management third party logistics company, we know at Cerasis that transportation makes up a large portion of the costs and efficiencies of any supply chain. At the same time, this data may indicate possible issues in the procurement process, regarding product quality and delivery. 3) Risk Management.

Optimal Sourcing 120

Optimal Sourcing Manufacturing Procurement Trends Supply Chain Planning Software 120

Jaggaer

JUNE 23, 2020

From source materials to distribution, the supply network must be carefully streamlined to produce the best results possible. For more on pharmaceutical procurement, register for our upcoming webinar. Sourcing teams can launch a full RFQ to select a provider. RFQ, Contract, and Risk. JAGGAER is here to help. Register now.

Pharmaceutical 72

Pharmaceutical Optimal Sourcing Supply Chain Network Software Network Optimization 72

ShipBob

DECEMBER 25, 2023

It can happen simply due to ineffective planning, risk management, warehouse use, or sourcing strategies. It’s a form of supply chain digitization that ensures every element, from sourcing raw material inventory to product delivery, is coordinated and managed through a centralized platform.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Inventory Management Software 52

Talking Logistics

MARCH 2, 2016

As reported in USA Today : [In a sourcing practice nicknamed “China plus one”], big brands like Rip Curl send their specifications — what they want made and how much they’re willing to pay for it — to sourcing agents, who find factories that agree to fulfill them.

North Korea 100

North Korea Supply Chain Visibility Logistics Network Optimization Software Supply Chain Software 100

Unleashed

OCTOBER 4, 2023

Integration with other supply chain functions: Order fulfilment connects with other aspects of the supply chain – such as procurement, production planning, and demand forecasting – to ensure alignment and smooth operations. Order fulfilment is just one part of the supply chain. This can include warehousing, picking and packing, and shipping.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Supply Chain Matters

APRIL 18, 2022

According to the announcement , Amoretty joined the company’s senior leadership team tasked to develop a production, operations and procurement vision for its supply chain to ensure multi-year growth, product line expansion plans and profitability.

Modeling 52

Modeling Apparel Modeling Software Examples 52

Supply Chain Matters

JULY 15, 2022

Sourcing was both a cost as well as landed cost decision factor. Containers of fitness equipment shipped from Asia were delayed by major port and inland logistics disruptions. The move was communicated as a means to boost market share and to gain access to domestic sources of manufacturing capability.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Supply Chain Matters

JANUARY 25, 2023

Specifically stated: Shipping lines with rather rich cash balances from multiple years of windfall profits will likely continue with their efforts toward horizontal integration of either port, land or air cargo services, or electronic brokerage or third party logistics services.

Third Party Logistics 59

Third Party Logistics Supply Chain Strategy Sourcing Strategies Logistics Network Optimization Software 59

Enterra Insights

NOVEMBER 16, 2021

Sean Thompson ( @seantho ), Executive Vice President of network and ecosystem for SAP Procurement Solutions, insists one of the problems preventing organizations from cutting through the fog of business is the whole notion of a “linear supply chain.” “Survey existing suppliers, third-party logistics providers and customers.

Supply Chain Visibility 130

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 130

SYSPRO Smarter ERP

APRIL 13, 2022

Revisit your sourcing arrangements with suppliers, especially with a view to geographic location. Where possible, lock in transportation and shipping costs by partnering with third-party logistics companies to defray labor, warehousing and transportation costs. Develop business continuity plans with your suppliers.

Supply Chain Planning Software 111

Supply Chain Planning Software Price Reduction Cost Reduction Strategies Material Savings 111

Supply Chain Matters

JUNE 7, 2023

Finally, the logistics industry ongoing operational volume contraction is now being reflected in the ongoing quarterly financial and operational results being reported by major carriers, brokers and third party logistics services providers.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

Supply Chain Matters

AUGUST 15, 2022

According to published reports from both Bloomberg and The Wall Street Journal , the company will now source its hardware customer fulfillment needs to third-party logistics providers in an effort to reduce product delivery costs by up to half. Further announced was an assessment of owned retail operations in the U.S.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

Unleashed

OCTOBER 30, 2023

Procurement and purchasing Before goods can be sold and delivered to customers, they must be produced, acquired, and prepared for sale. Procurement is the process of sourcing the suppliers and service providers that enable you to sell products. This will help to improve supplier relationships.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

Logistics Bureau

APRIL 3, 2023

Access to Economies of Scale By outsourcing manufacturing, logistics, or other supply chain support activities such as procurement , your company may access the economies of scale enjoyed and passed on by specialist service providers. Your organisation may be one of many that a contract partner serves.

Optimal Sourcing 72

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 72

GlobalTranz

FEBRUARY 17, 2016

Source: [link]. Transport : Unnecessary movement of materials from one location to another and not utilizing consolidation or pool point programs to optimize transportation can add to logistics and warehouse costs. Understand Lean Principles and How to Use them to Cut Out "Waste".

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

GlobalTranz

JULY 12, 2016

Labor costs are typically the largest expense in the warehouse, and in many operations, such as third-party logistics providers (3PLs), it can account for up to 50% of a warehouse's total operating costs. 5 Key Areas to Focus on in the Pursuit of Warehouse Cost Savings.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

GlobalTranz

OCTOBER 5, 2015

Current and future applications have the potential to provide new methods of value creation and sources of revenue streams for companies in the digital age. The list of relevant applications of the Internet of Things (IoT) era technology across multiple industries and market segments continues to grow. equipment uptime.

Internet of things 120

Internet of things Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software 120

ShipBob

JULY 18, 2022

That’s why it’s important to plan your procurement accurately and manage your inventory more effectively to mitigate this risk. Getting an accurate prediction of future demand is essential to planning your inventory procurement more effectively. 6 examples of inventory risk and ShipBob’s solutions. billion in the U.S.

Risk Management 52

Risk Management Inventory Reduction Inventory Management Software Inventory 52

GlobalTranz

APRIL 22, 2015

The global logistics industry has grown significantly while logistics has become an important part of the business economic system and major global economic activity in recent years. Logistic activities accelerate economic growth and productivity growth. What is a Logistics Framework? It’s staggering.

Material Savings 120

Material Savings Logistics Network Optimization Software Cost Reduction Strategies Global 120

Procurement Academy

AUGUST 10, 2021

One way to classify the sectors that find Elastic Logistics useful is to say those that are customer-centric. It particularly favours the retail, fashion and pharmaceutical industries due to the infrastructures it uses, such as On-demand warehouse rental and Third Party Logistics to cope with market variabilities.

Logistics Network Optimization Software 64

Logistics Network Optimization Software Supply Chain Planning Software Demand Planning Software Supply Chain Software 64

Talking Logistics

JULY 24, 2015

Bloomberg broke the news this week that UPS is reportedly in talks to buy Coyote Logistics for $1.8 billion, which if it happens, would be another large deal in the third-party logistics (3PL) industry since December (see, for example, FedEx acquisition of GENCO and XPO Logistics acquisition of Norbert Dentressangle ).

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software 100

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. If cost reduction is not the only thing to measuring supply chain performance, that begs the questions: "Maybe we should be measuring other Supply Chain Management activities and what would they be?".

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Material Handling & Logistics

DECEMBER 14, 2018

It arrives from an array of sources, and it is presented in a variety of formats. The potential value of that data is huge for logistics and supply chain operations, but it’s also enormously valuable for other business units, including marketing, sales, production, etc. More data is coming in than ever before.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

Supply Chain View from the Field

APRIL 19, 2013

A friend working at a large third party logistics company noted how demand is very soft. Gerard talks about managing the tail – the stuff you have to do that is the normal procurement stuff that has to get done. Forecasting Strategic Sourcing Supplier Relationship Management Supply Chain Management'

Agile and Lean Supply Chain 74

Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Cost Reduction Strategies 74

6 River Systems

NOVEMBER 8, 2022

Finding the right space, running an effective order fulfillment system and sourcing great talent are just some of the many challenges facing operations managers. That’s where third-party logistics providers come in. Commonly known as 3PLs , these are businesses that specialize in providing outsourced logistical support.

Warehousing 52

Warehousing 3PL Manufacturing Procurement Optimal Sourcing 52

Supply Chain Matters

MAY 10, 2022

Such elevated container shipping rates are especially impactful to small and medium sized businesses that continue to either have to navigate spot rate freight implications are forced to tender freight to third-party logistics services providers which are also financially benefiting from the ongoing transportation disruptions.

Freight 52

Freight Forecasting Russia Logistics Network Optimization Software 52

NC State SCRC

JANUARY 29, 2017

This insight was very surprising to procurement executives we spoke with….few The internal procurement-stakeholder relationship is therefore critical to understand by sales at this stage, and will thus strongly influence the outcome of the business development executives. Is there enough value on the cost of change on their side?

Quality 40

Quality Logistics Network Optimization Software Third Party Logistics Cost Reduction Strategies 40

GlobalTranz

FEBRUARY 16, 2016

Twitter Google+ LinkedIn The post Logistics Cost Reduction: 6 Focuses to Create More Profit appeared first on Transportation Management Company | Cerasis.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

Supply Chain Game Changer

JULY 30, 2019

To varying degrees, logistics management functions include customer service, sourcing and procurement, production planning and scheduling, packaging, and assembly. Logistics management is part of all the levels of planning and execution, including strategic, operational and tactical.

Negotiating Skills 72

Negotiating Skills Optimal Sourcing Freight Logistics Network Optimization Software 72

Supply Chains Rock

JUNE 28, 2011

Honoring excellence and innovation within the supply chain profession, the CHaINA Awards offer organisations across all industries and sectors the opportunity to showcase the best in supply chain, sourcing, procurement and logistics projects, products, applications, services and initiatives in Asia.

Supply Chain 113

Supply Chain Manufacturing Procurement SCM Real Estate 113

Supply Chain Network

SEPTEMBER 20, 2012

Depending on your firm, some of these functions may be segregated under a Chief Procurement Officer or CPO, but my point of view is procurement for products is a key role within the supply chain function. Quality: Think materials sourcing & manufacturing plants (internal/outsourced). © 2012 ACI Ltd. All rights reserved.

Supply Chain Software 122

Supply Chain Software Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Strategy 122

CH Robinson Transportfolio

JULY 30, 2020

As a global third party logistics provider (3PL), we work with the largest, most sophisticated shippers in the world. As Matt Marthinson, chief procurement officer at J.B. This final clip features Jack Scharrett, corporate strategic sourcing manager at Winnebago Industries. 4 Common supply chain priorities.

Sourcing Strategies 34

Sourcing Strategies Supply Chain Software Cost Reduction Strategies Supply Chain Strategy 34