GlobalTranz

SEPTEMBER 9, 2016

However, when you decide to take the jump to outsourcing, you will have to choose between an asset-based and non-asset-based third-party logistics provider (3PL). Both types of 3PLs have advantages and disadvantages. But, a non-asset-based 3PL provider may offer much more than you realize, including these seven key benefits.

3PL 54

3PL Resource Reduction Cost Reduction Optimization Software 54

GlobalTranz

APRIL 5, 2016

Although 3PL Logistics Companies or 3PLs were around before the recession, companies realized the short-term savings of outsourcing logistics, transportation, and freight management to 3PLs quickly, and the age of the rise of the logistics provider was born. Client Needs of 3PL Logistics Companies.

Negotiating Skills 55

Negotiating Skills Logistics Network Optimization Software 3PL Purchasing Skills 55

GlobalTranz

MARCH 9, 2015

The 3PL industry is currently at a juncture where stakeholders are being forced to reconsider the way they do business. The coming few years are likely to be decisive for the future of 3PL. This bodes well for the 3PL industry as a sound economy means higher volumes of shipment. But the picture is not all that bad.

Outsourcing 96

Outsourcing Logistics Network Optimization Software Supply Chain Design Software Optimization Software 96

GlobalTranz

JULY 9, 2015

Throughout this time, 3PL transportation management providers have taken advantage of the low-costs of transportation, which further reduced the costs for businesses and manufacturers. Furthermore, you can prepare for the change by understanding what 3PLs can do to help attempt to maintain lower prices of transportation.

Price Reduction 102

Price Reduction Cost Reduction Trucking Resource Reduction 102

Logistics Business Magazine

JANUARY 30, 2023

Logistics Business has a new Webinar to play on-demand for free, moderated by Editor Peter MacLeod. In the 34 minute Webinar sortation technology for fashionwear distribution centres is discussed, specifically the new GENI-Ant system. Click here to watch now.

Webinar 41

Webinar Sorting Optimization Software Logistics Network Optimization Software 41

GlobalTranz

MARCH 23, 2017

For example, an act of terrorism may not necessarily qualify shipments for an exclusion. For example, today’s expensive products may cost more than the Carmack Amendment allows within its limits of liability. How Does It Affect 3PLs, and Why Is It a Good Idea to Partner With a 3PL For Managing Freight Liability?

3PL 49

3PL Freight Negotiating Skills Purchasing Skills 49

GlobalTranz

JUNE 16, 2015

Obviously, most modern innovations will focus on improving supply chain processes throughout the course of business, not the ancient squeegee example. As a result of your competitor’s innovations, you will need to be more innovative to ensure your business survives.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Price Reduction Supply Chain Design Software 101

GlobalTranz

JUNE 11, 2018

For example, Zipline Logistics denotes these factors affecting freight rates and spend: Origin, destination and lane. Depending on the 3PL, additional services, like invoice auditing and value-added services may be available. As explained by Steven C. Market capacity. Seasonality Attractiveness of freight. Fuel costs.

Negotiating Skills 74

Negotiating Skills Buyer Training White Paper 3PL 74

GlobalTranz

SEPTEMBER 9, 2015

For example, some problems may be due to poor quality of packaging, receiving incorrect information about the package, difficulties with carrier pricing and agreements, paperwork problems, and incorrect management processes. For example, smaller items may become jostled during transport and broken.

Negotiating Skills 93

Negotiating Skills Collaboration Material Savings Freight 93

GlobalTranz

JANUARY 4, 2017

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. This two-part blog series will take you thru the RFP questions along with the answers you'd expect to see from the 3PL. 3PL Answer 1. The Client Details. KPIs Question 1.

Negotiating Skills 77

Negotiating Skills Cost Reduction Scenario Planning Inventory Reduction 77

Logistics Bureau

APRIL 3, 2023

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

GlobalTranz

JULY 20, 2015

Measures such as amount of product to be reclaimed and resold as is, or percentage of material recycled, are examples of such metrics. Advantages of Partnering with 3PL for a Reverse Logistics System. Remanufacture and Refurbishment. Asset Recovery. Negotiation. Financial Management. Outsourcing.

Reverse logistics 105

Reverse logistics Supply Chain Planning Software Optimization Software Modeling Software 105

GlobalTranz

AUGUST 6, 2015

This is a simplified example of the best practices for Return Merchandise Authorizations. For example, tracking information for merchandise tagged with radio frequency identification (RFID) chips needs to be entered into the system before the item arrives. For example, computer part A arrives due to being the wrong color.

Cost Reduction 89

Cost Reduction Expense Reduction Inventory Reduction Reverse logistics 89

GlobalTranz

JANUARY 28, 2015

Yesterday we explained how to calculate dimensional weight covering the parcel examples and the impact on shipping costs , in general. For example, 50 pounds per cubic foot or greater will receive class 50 designation. If you need help in carrier relations, often a 3PL can negotiate this higher DIM factor on your behalf.

Negotiating Skills 97

Negotiating Skills Price Reduction Cost Reduction Waste Reduction 97

GlobalTranz

MAY 19, 2015

Third-party logistics providers, or a 3PL service provider , have worked to help encourage efficiency within the shipping process through the use of a Transportation Management System, or TMS. NOTE: Not all 3PLs, like Cerasis, provide a TMS they have built themselves.

Supply Chain Planning Software 94

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Supply Chain Software 94

Blue Grace Logistics

APRIL 7, 2020

Given the importance of the subject, we hosted a webinar on the topic – From Chips to Dips in Service? Source: BlueGrace Logistics Webinar: From Chips to Dips in Service? They also need to identify service providers like transporters, warehouse operators and 3PL service providers who can work with them when needed.

Supply Chain Design 62

Supply Chain Design Supply Chains Negotiating Skills Negotiate Pricing 62

GlobalTranz

AUGUST 3, 2015

You may opt to organize your business into an independent third-party logistics provider (3PL), or you may want to purchase software for tracking, monitoring, and processing all of your needs. That said, our research shows that many ERP systems do offer features for logistics providers such as 3PL billing and value-added services processing.

Supply Chain Design Software 97

Supply Chain Design Software Supply Chain Software Procurement Solutions Logistics Network Optimization Software 97

GlobalTranz

DECEMBER 17, 2014

For example, on average the cost savings from automating a manually processes purchase order is $9.89, for an invoice is $11.58 Since EDI is the lingua franca of carrier, 3PL, and shipper partner communications, being without it means you’re missing opportunities to be involved in standardized and frictionless business conversations.

Supply Chain Software 93

Supply Chain Software Sourcing Strategies Expense Reduction Cost Reduction 93

GlobalTranz

OCTOBER 5, 2015

For many businesses, this means partnering with a third-party logistics service provider (3PL) such as Flash Global that has already integrated evolving technology into its holistic, comprehensive logistics services. equipment uptime. This would ensure no disruption in the production schedule, customer service or revenue stream.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 111

GlobalTranz

DECEMBER 4, 2015

5 Engagement Strategies in Managing a Relationship With a Transportation Management 3PL. After deciding to use a third party logistics provider (3PL), you may be tempted to continue operating as you have previously. This requires a great deal of trust between the 3PL and your organization.

Inventory Reduction 53

Inventory Reduction Waste Reduction Resource Reduction Tips 53

GlobalTranz

JULY 13, 2015

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). For example, shipping during the holiday season tends to increase as more people begin purchasing items online for gifts.

Procurement Analytics 107

Procurement Analytics Distribution Inventory Reduction Resource Reduction 107

GlobalTranz

SEPTEMBER 1, 2015

For example, if your supply chain and transportation vendors are immune to the stress caused by holidays such as Christmas , you should feel comfortable using historical truck carrier rates for budgetary purposes. You Don’t Have To Worry About Seasonality.

Data 92

Data Scenario Planning Trucking Price Reduction 92

GlobalTranz

SEPTEMBER 11, 2015

For example, a shipper should consider fuel cost forecasts when creating a budget for LTL transport. Freight spend management is not always easy, so if you do not have those resources in-house, you may want to consider outsourcing to a focused 3PL who gets proper budgeting and offers expert freight spend management. .

Material Savings 94

Material Savings Cost Reduction Freight Resource Reduction 94

GlobalTranz

SEPTEMBER 3, 2015

Editor's Note: First of all, you may ask yourself, "Why is a 3PL who helps manufacturers with transportation management efficiency be talking about manufacturing efficiency?" For example, your couch is made up of springs, fabric, cushions, nuts, bolts and insulation. Well, I am glad you asked! Assembly Analysis. Manufacturing Analysis.

Cost Reduction 101

Cost Reduction Supply Chain Design Software Supply Chain Design Material Savings 101

GlobalTranz

JULY 28, 2015

Additionally, industry experts and third-party logistics shipping providers ( 3PLs ) find themselves in the difficult position of ensuring the flow of merchandise continues as LTL use grows. For example, a business may order a specific number of items, which would be too minute to warrant transport via rail or traditional truckload.

Purchasing Skills 97

Purchasing Skills Manufacturing Procurement Negotiating Skills Cost Reduction 97

GlobalTranz

NOVEMBER 10, 2015

Recently we read from Software Advice their recent report, the 3PL budgeting guide , which listed how much should a 3PL budget and how to compare a Warehouse Management System. For example, reducing excessive safety stock allows a warehouse to minimize number of reorders, reduce wasted space, and avoid issues in shipping errors.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

GlobalTranz

JANUARY 27, 2015

For example, the domestic DIM factor of DHL is 139 and that of UPS and FedEx is 166, while the international DIM factor of both UPS and FedEx is 139. Here is an example: Let’s say that your package is 15 inches long, 12 inches wide and 10 inches high. Dimensional Weight = (Length x Height x Width) / DIM factor.

Negotiating Skills 107

Negotiating Skills Price Reduction Cost Reduction Freight 107

Blue Grace Logistics

JULY 19, 2018

We covered these and many more topics in a recent webinar including: Weekly Product Planning. Here are some of the key highlights from our webinar that can really have an impact on your business. One of the key points that the webinar focuses on is visibility. So what can you do to maintain retail compliance?

Compliance 54

Compliance Supply Chain Planning Software Webinar Supply Chain Design Software 54

GlobalTranz

NOVEMBER 21, 2016

For example, do you need less-than-truckload (LTL), small package, full truckload (FT) or freight consolidation? For example, the system may follow a hierarchy-based system of analyzing possible carriers and routes against imminent risks, creating a more optimizing carrier-shipper route. Ask About How Optimization Is Achieved.

Negotiating Skills 79

Negotiating Skills Optimization Software Cost Reduction Price Reduction 79

Logistics Business Magazine

AUGUST 12, 2021

In a thoughtful webinar today digital freight forwarder Zencargo co-Founder, Richard Fattal, and Bis Henderson ‘s Louisa Hosegood debated the unprecedented pressures in the global supply chain this year and how they jeopardise retailer’s profitability. Reverse logistics and the management of returns has become even more important.

Supply Chains 67

Supply Chains Purchasing Skills Sourcing Strategies Price Reduction 67

GlobalTranz

MARCH 20, 2015

You can find GPS tracking , confirmation apps and delivery logs, but there are even more specific apps that track a number of other options, such as fuel efficiency, for example. Whenever you work with a professional transportation management 3PL , they will look after your interests, as you as a client are the lifeblood of their company.

Tips 98

Tips Freight Logistics Network Optimization Software Optimization Software 98

GlobalTranz

DECEMBER 11, 2014

For example, Company A may buy goods from Company B. 211 – Bill of Lading: The shipper or 3PL via a TMS sends this transaction set to the carrier to provide us detailed Bill of Lading information pertinent to a shipment. Company A sends orders to Company B. Company A and Company B are business partners. EDI In Transportation.

Data 105

Data Transportation Document Inventory Reduction 105

Blue Grace Logistics

OCTOBER 10, 2023

Shippers Navigate Stable Market Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - October 10, 2023 Many of the concerns from earlier this year have dissipated and shippers are beginning to look for lengthier contracts with stable rates.

3PL 62

3PL Supply Chains Case Study Capacity 62

GlobalTranz

JANUARY 16, 2018

For example, more manufacturers are likely to begin the process of outsourcing services and transportation to 3PLs. From 3PL partnerships to more information exchange between procurement and manufacturers, collaboration will effectively reduce costs, increase productivity, boost efficiency and reduce errors.

Manufacturing Procurement 86

Manufacturing Procurement Price Reduction Cost Reduction Waste Reduction 86

GlobalTranz

DECEMBER 22, 2017

For example, a carrier may offer additional auditing services that reduce instances of double billing, overbilling or missed delivery guarantees. However, shippers can outsource this process by working with a 3PL, such as Cerasis. Thus, the 3PL bears the burden of ensuring compliance and managing drivers.

Capacity 70

Capacity Logistics Network Optimization Software Cost Reduction Vendor Strategies 70

GlobalTranz

DECEMBER 28, 2015

The 3PL industry is currently at a juncture where stakeholders are being forced to reconsider the way they do business. Outsourced Logistics: Big & Small Brands Alike are Targeting 3PL Services. Yet in outsourced logistics simply refers to hiring a third-party logistics service, 3PL, to handle the logistics services.

Article 57

Article Logistics Network Optimization Software Supply Chain Software Logistics 57

Blue Grace Logistics

JULY 31, 2018

In our webinar, we covered the basics and most common questions of accessorial charges which include: . We gave a few examples above, but those are by no means the only accessorial charges that you could be stuck paying. Consider reweigh charges for example. Detention fees are a prime example of where efficiency pays off.

Cost Reduction 54

Cost Reduction Webinar Supply Chain Software Supply Chains 54