Logistics Bureau

OCTOBER 12, 2024

Yes, we are living in a world of a severe market competition, shorter product life cycle, tougher customer demand, higher cost reduction pressure, longer supply chains, and heavier reliance on outsourcing. Is there any definitive boundaries for procurement not to step across? If you think so, you are probably too conservative.

Cost Reduction 62

Cost Reduction Procurement Analytics Optimal Sourcing Procurement 62

Ship Monk

OCTOBER 17, 2022

Each type of logistics option involves different levels of supply chain involvement, ranging between handling everything yourself and outsourcing everything. On the plus side there is no outsourcing; you have your hands directly in all the pies. So let’s talk PLs 1 – 5. 1PL (First-Party Logistics) Order Fulfillment.

eCommerce 109

eCommerce 3PL Logistics Network Optimization Software Supply Chain Design Software 109

Ship Monk

APRIL 12, 2022

At ShipMonk, it has definitely been one factor that makes our success. Awards were given out to consultants, outsource partners, and technology providers for superior performances in the past 12 months. Our ShipMonk team across the globe is honored to receive this recognition for our commitment to customer service.

Logistics Network Optimization Software 63

Logistics Network Optimization Software Supply Chain Software eCommerce Groups 63

GlobalTranz

APRIL 22, 2015

Editor’s Note: Almost 14 months ago we wrote one of our most popular posts entitled, “ The History of Supply Chain and Logistics Management ” contained a bit of history, definitions, and a great infographic visually going through the history of supply chain and logistics management. What is a Logistics Framework?

Global logistics 116

Global logistics Material Savings Cost Reduction Supply Chain Planning Software 116

Ship Monk

AUGUST 3, 2022

Not all of those examples are exactly illustrious, but they do (for the most part) prove that two heads really are better than one. Logistics Service Provider Definition. A logistics service provider takes over all those processes (an action otherwise known as “outsourcing”) to hopefully make your life a whole lot easier.

Logistics Network Optimization Software 52

Logistics Network Optimization Software eCommerce Inventory Reduction Resource Reduction 52

Talking Logistics

MARCH 14, 2018

When it comes to how best to manage their transportation operations, many shippers often find themselves at a crossroads: should they implement a transportation management system, outsource everything to a logistics service provider, or take a hybrid approach? Let’s start with a definition of “managed services.”

Logistics Network Optimization Software 60

Logistics Network Optimization Software Modeling Software Outsourcing Resource Reduction 60

3PL Links

DECEMBER 2, 2022

We will address the following topics in this article: Inbound logistics definition and significance. Outsourcing: Delegating the duties of incoming logistics to a professional outside the firm is known as outsourcing. Examples of Inbound Logistics Strategies. Duties of inbound logistics.

Inbound 62

Inbound Sourcing Strategies Material Savings Inventory Reduction 62

Carter Logistics

SEPTEMBER 19, 2018

Making a choice about outsourcing logistics can be intimidating for companies of every size. For example, logistics providers have a much more comprehensive knowledge of the best market price and quality of transportation services than their clients, who may only have time to collect two or three pricing quotes. Blog Topics.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Logistics Supply Chains Outsourcing 60

ShipLilly

AUGUST 29, 2020

A brief definition of pick and pack methods. For example, you might organize the inventory in much the same way as you organize your closet. For example, larger items that do not require an over-box might be grouped. Inventory Management and Outsourcing. Items are grouped depending on similar characteristics.

Packing 98

Packing Picking Inventory Reduction Material Savings 98

Ship Monk

JANUARY 11, 2024

Let’s take apparel, for example. For example, don’t process refunds until the product is returned and inspected; and don’t offer refunds for items without the original tag and packaging. It’s the dictionary definition of a PITA. Is it Time to Outsource Returns Management?

Procurement Solutions 110

Procurement Solutions Inventory Reduction Supply Chain Planning Software Material Savings 110

Ship Monk

JANUARY 16, 2024

Let’s start with a few definitions. For example, product teams can track fast or slow-moving items, and use historical data to more accurately forecast demand. (Incidentally, a perpetual inventory system can help you make better business decisions, so right there you’ve got a pretty good reason to keep on reading!)

Inventory Reduction 103

Inventory Reduction Inventory Supply Chain Software Logistics Network Optimization Software 103

Ship Monk

SEPTEMBER 2, 2020

While working remotely is not a one-size-fits-all solution, it is definitely one worth considering. What do all the examples above have in common? That’s why outsourcing is, well, a must. Of course, if working from home isn’t your thing, then we suggest looking into coworking spaces. Talk about a lasting relationship!

Tips 78

Tips Expense Reduction Outsourcing Procurement Solutions 78

20Cube Logistics

DECEMBER 16, 2021

Examples of common perishable goods include fresh meat, frozen food, pharmaceutical drugs, and flowers. Our third-party logistics services enable businesses to outsource their supply chain management and shipping needs to us. Time-definite shipments to ensure no delays (vital for temperature-controlled goods).

Temperature 54

Temperature Freight Freight forwarding Supply Chain Design 54

Ship Monk

JULY 1, 2021

Last week, we covered seven outsourcing and fulfillment myths , and today we’re looking at the flipside of that same coin. That’s one type of customer, but they’re definitely not representative of everyone, especially now that expectations are at an all-time high.

eCommerce 98

eCommerce Price Reduction Cost Reduction Purchasing Skills 98

Logistics Viewpoints

APRIL 15, 2021

In my Logistics Viewpoints article in January 2021, “ The New Definition of Supply Chain Agility and Resilience in an Unpredictable World ”, I highlighted that modern supply chains must be built on a foundation of extreme agility and responsiveness. The Crucial Role of Trading Partners.

Supply Chain Planning Software 163

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 163

GlobalTranz

JANUARY 19, 2016

For example, a given trucker who drives beyond the hours of service in the ELD could incur stiff penalties and fines from oversight agencies. Outsourcing of Freight Data and Payment Management. For example, the shipper may review the shipments size, weight, length of transit, demand, and availability.

Trends 53

Trends Transportation Logistics Network Optimization Software Sourcing Strategies 53

GlobalTranz

FEBRUARY 25, 2021

Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics.”. For example, the reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business. Integration Can Decrease Your Return Logistics Costs.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Manufacturing Procurement 84

Morai Logistics

JUNE 5, 2019

This hurdle is reportedly due to the organizations complete reliance on outsourced manufacturing. Instead of presenting a single definition to explain supply chain excellence, let’s discuss how supply chains help organizations, like Adidas, succeed. They’re facing ‘supply chain shortages’ as a result of unanticipated demand.

Eliminating Excel in Purchasing 60

Eliminating Excel in Purchasing Supply Chain Software Supply Chains Strategy 60

Ship Monk

FEBRUARY 16, 2023

do you do it in-house, work with a reliable 3PL like ShipMonk, or outsource entirely to a 4PL or 5PL ). As an example, fulfillment fees explain why it is cheaper to order a product directly from a manufacturer than an online marketplace, and cheaper to order from an online marketplace than it is from an ecommerce brand’s direct website.

Cost Reduction 52

Cost Reduction Negotiating Skills Inventory Reduction Purchasing Skills 52

Talking Logistics

JULY 5, 2017

Here’s an excerpt: Unlearning is something that we see people struggle with every day in the University of Tennessee’s Vested Outsourcing and Collaborative Contracting classes. A great example is a procurement professional who has spent the last 30 years perfecting the art of “buying.” Perverse Incentives in Outsourcing Agreements.

Supply Chain Design Software 68

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 68

ShipLilly

AUGUST 21, 2020

the customer’s doorstep for example); your product will have gone through various stages and modalities of transportation. For example, it is responsible for providing the right connections so that multimodal freight chains function properly. Definition of Multimodal Transport. Before reaching the intended destination (i.e.

Multimodal transport 60

Multimodal transport Cost Reduction Material Savings Inventory Reduction 60

Morai Logistics

MARCH 14, 2019

There are a variety of definitions that have been created to define smart manufacturing, or smart factories as some experts have coined. This digital phenomenon is one of the many examples of how digital maturity extends throughout the entire shipment life cycle. Why does manufacturing need to be ‘smart’?

Supply Chain Software 60

Supply Chain Software Optimization Software Supply Chains Optimization 60

GlobalTranz

JUNE 2, 2016

Like any outsourced partnership to a service and technology provider, such as in a 3PL relationship, it is vital that all sides are on the same page and speaking the same language in the way of goals, desired outcomes, strategy, and execution for whatever the customer and the outsourced provider are trying to achieve.

3PL 52

3PL Manufacturing Procurement Optimal Sourcing Cost Reduction 52

10xLogistics

DECEMBER 24, 2017

Build the transportation assets yourself - i.e., Amazon's acquisition of planes and doing "power only" where Amazon owns the trailers, are examples of this. For example, the final mile portion of XPO was created by XPO acquiring a company called 3PD. This is where the discussion of buying XPO comes in.

Material Savings 54

Material Savings Logistics Network Optimization Software Strategy Modeling Software 54

GlobalTranz

SEPTEMBER 16, 2016

There are several definitions of 3PL. Third party logistics (3PL) is a company that provides an all-encompassing service to its customers of outsourced logistics services for a part or all of their supply chain management functions. The RFI should include a thorough description of the areas to be outsourced. What is 3PL?

3PL 101

3PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software 101

GlobalTranz

SEPTEMBER 7, 2017

Although its original definition was used exclusively for seafaring transport, modern use of the term can be applied to all shipment modes of transit. For example, the actual line item may be location name of the origin instead of the actual word, origin. What Exactly Is Freight on Board? What Do the Add-On Terms Really Mean?

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Freight Cost Reduction Purchasing Skills Expense Reduction 82

CH Robinson Logistics

OCTOBER 3, 2017

A quick definition of fourth party logistics is below: What is 4PL? Key examples of 3PL: The major functions. Key examples of 3PL: The major functions | Transportfolio. Robinson helped the company outsource supply chain operations, resulting in year over year cost savings. Transportation. Learn how working with 3PL C.H.

Supply Chain Design Software 84

Supply Chain Design Software 3PL Supply Chain Planning Software Supply Chain Software 84

Logistics Bureau

JUNE 5, 2023

If you can’t see any apparent opportunities, ask yourself if it’s possible to create some, for example, by splitting the workload into shifts , enabling your vehicles to operate around the clock and reducing the time they spend parked up. That can help you reduce the number of trucks under your company’s ownership.

Cost Reduction 74

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 74

GlobalTranz

SEPTEMBER 9, 2016

Outsourcing logistics processes can be an effective means of managing the needs of your organization. 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.

3PL 54

3PL Resource Reduction Cost Reduction Optimization Software 54

Kanban Logistics

JANUARY 23, 2020

But ‘warehousing’ is a broad term with many different definitions. For example, a company may commit to a contract warehousing arrangement for 50,000 square feet out of a 150,000-square-foot warehouse. Your products need warehousing for storage and distribution. Contract Warehousing.

Warehousing 52

Warehousing 3PL Modeling Software Temperature 52

Talking Logistics

JULY 18, 2017

For example, a recent consumer products company we worked with needed a supply chain built from the ground up. For example, focusing on the wants of only the executives can leave the voice of the functional teams unheard. And as I mentioned earlier, different parts of the organization will have different definitions of success.

Supply Chain Design Software 61

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 61

Logistics Manager

MAY 1, 2018

Often that means saving on fuel by slowing down ships, cutting jobs and outsourcing, and automating tasks wherever possible. The past few years have been so focused on cost savings that we’ve seen many jobs phased out due to automation or outsourced to service centers. Mr. Lars Jensen. Training for Future Success.

Negotiating Skills 48

Negotiating Skills Buyer Training Supply Chain Software Cost Reduction 48

GlobalTranz

JULY 13, 2016

Last-Mile Delivery May Be Outsourced to Another Carrier. For example, FedEx and UPS may move shipments to the United States Postal Service for final delivery. By definition, regional carriers are more apt at ensuring last mile delivery from within the given carrier. Benefits of Having Other Options.

Negotiating Skills 48

Negotiating Skills Packaging Logistics Network Optimization Software Resource Reduction 48

Dedola Global Logistics

APRIL 3, 2017

As an international freight forwarder , we’ve compiled a quick reference of 11 essential global logistics terms and definitions. A consignee could be someone that acts in your name, for example.) A 3PL service provider offers outsourced solutions for a company’s fulfillment and distribution needs.

Global logistics 51

Global logistics Logistics Network Optimization Software Freight forwarding Purchasing Skills 51

Conger

MAY 11, 2022

For example, warehouses may use AGVs to move inbound materials to storage or retrieve storage items needed to replenish stock. If you’re wondering “ what is an example of an AGV ?”, For example, they’re often used to automatically transport heavy machine components, assemblies, and equipment. What Are the Types of AGVs?

Modeling Software 59

Modeling Software Inventory Reduction Cost Reduction Material Savings 59

Ship Monk

JANUARY 30, 2023

Example—In the case of a lost or undeliverable package, a customer-first ecommerce merchant can step up to the plate immediately by contacting the shipping carrier to determine the cause of the problem and sharing this information with buyers so they know when to expect delivery or reshipment. What is Order Fulfillment? Why Does VCN Matter?

eCommerce 52

eCommerce Supply Chain Planning Software Inventory Reduction Supply Chain Software 52

Infosys Supply Chain Management

JULY 3, 2012

Outsourcing Services. Application Outsourcing. Infrastructure Outsourcing. Business Process Outsourcing. We spoke with Rohit Choubey , Lead Consultant - ECS EAM and Rejeesh Gopalan , Consultant - ECS EAM to get their views on significance of Asset definition in EAM and how it can contribute to the emergence.

Supply Chain Planning Software 30

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 30