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If you are a high volume LTL shipper, you should pick a 3PL that understands your unique requirements and can customize their service to meet those requirements. Bigger 3PLs will typically have a carrier procurement group and thousands of partner relationships. The 3PL team should become an extension of your logisticsgroup.
Winners are chosen based on their knowledge, experience and technology that optimizes logistics, provides supply chain excellence and transforms organizations. Each year, Inbound Logistics develops a list of the Top 100 Logistics IT Providers.
Therefore, it’s best to schedule your freight so your shipments will be transported in groups– not singly. Monitoring your inventory levels and being aware of your production and transportation times helps you schedule the perfect time to ship your products in groups. Combine shipments.
More recently, an Institute for Supply Management survey found that the supply chains of approximately 75% of over 600 businesses faced disruptions from the COVID-19 pandemic. This stock must be in locations that make it easier to meet those demands. That amount should be based on response time threshold levels.
There were several in-depth panel discussions on the latest industry studies, including CSCMP State of Logistics Report ® , the 2022 Third-Party Logistics Study and the 2021 Young Professionals in Supply Chain study. Here are several of my key takeaways from this year's meeting.
Beyond just an understanding of the nuts and bolts of importing and exporting, it is important that students understand the different business practices and cultures represented along today’s global supply chains. At the same time, great opportunities exist for students who can master the practice of businesslogistics.
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