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
The definition of agility and resilience will continue to evolve. This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. There are Also Commercial Reasons. The Road to Agility and Resilience.
Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics. The simplest way to think of procurement logistics is the procurement of materials needed to manufacture products. Auxiliary supplies.
What is purchasing? I asked one of our purchasing management experts exactly that question so you can hear it directly from the horse’s mouth. What is Purchasing in Logistics? In short, purchasing is a transaction: you buy an item or a service. Why do people get confused between purchasing and procurement?
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.
Watching the commercial definitely made me feel nostalgic for the good old days of 80’s cartoon mascots. And now on to this week’s logistics news. The figure includes Panasonic’s purchase of the remaining 80 percent of shares in Blue Yonder for $5.6 You can watch the full spot here ; I won’t spoil the outcome for you.
Similarly, businesses face rising cost pressures while managing last-mile logistics operations. A delivery management system in logistics is the process that enables the successful delivery of goods from one location to another. Technically, in logistics, we call this missed delivery. Route optimization.
LTL ( Less than truckload ) S hipping is one of the best flexible and cost-effective ways to start your freight delivery in logistics. This article will provide a detailed reference to LTL shipping, including the definition of LTL, shipping prices, delivery method, and how to manage your LTL shipment to the fullest.
Near the end of 2021, I had the chance to make the early call on Logistics Viewpoints on what 2022 would look like across five major logistics themes. The verdict would have been “definitely nailed it” if we were counting all of the “ML-washing” going on in the supply chain and logistics technology market.
Call it a cop-out if you like, but seriously, predicting which logistics and supply chain trends will make a difference to businesses in any given year has become notoriously difficult, given the speed at which technology in particular can suddenly disrupt the way things are done. Key Logistics Trend #2: Autonomous Road Transportation.
What is reverse Logistics? Before we dive in the nuances of reverse logistics, otherwise known as return logistics, integration, let's briefly recap what reverse logistics is. Reverse logistics refers to all operations related to the reuse of products and materials. Managing return logistic can be challenging.
It’s no secret that we’re big on the post-purchase experience. You can cross all your t’s and dot all your i’s, but, in the world of eCommerce logistics, nothing is ever guaranteed to go as planned. Well, a lot , but branded tracking pages definitely make the list! Keep reading to learn more! The Features. Delivery Protection.
And while this definitely points to an industry making strides, a recent Procurious survey found that 75 percent of women in supply chain experience gender-based adversity. And now on to this week’s logistics news. The post This Week in Logistics News (February 25 – March 4) appeared first on Logistics Viewpoints.
Supply chain difficulties have been leading to significant delays and additional logistics costs, particularly for companies have been making more use of air freight which eventually increases the price tag of products. This Christmas will be definitely better than last year if you think about last year’s stay-at-home orders during holidays.
As an international freight forwarder , we’ve compiled a quick reference of 11 essential global logistics terms and definitions. Here are the essential global logistics terms you need to know to understand the freight forwarding process and manage an efficient supply chain. 3PL 3PL stands for “third party logistics.”
3PL stands for third-party logistics, and at a glance a 3PL partner provides eCommerce brands with solutions to their fulfillment needs. We’ll cover all that and more in this guide, starting with an explanation of the difference between a 3PL and other types of logistics and fulfillment avenues available. So let’s talk PLs 1 – 5.
We talk a lot about the importance of agility and flexibility in supply chain management and that is certainly true when it comes to project logistics. Hennecke oversees from a logistics perspective are mostly engineered-to-order systems, with suppliers and end-customers around the world. The projects Ms. Hennecke.
Sustainable logistics solutions provider Go2 Delivery has signed a definitive agreement to purchase five fully electric commercial delivery vans from Canoo Inc. with the potential to purchase up to an additional 85 vans.
The logistics industry, in particular, has a unique position in this context. That does not mean one should not continue to improve logistics , but only that one should entertain greener ideas on how to do so. . Reducing the carbon footprint of the logistics sector. Guest Author: Betty White. A brief word on the environment.
Over the last two decades, the competitive landscape of supply chain and logistics has changed considerably. The definition of ‘supply chain’ has also shifted over time. Morai Logistics recognizes the current shift facing supply chains today. The process of transporting product from A to B has transformed over the years.
Everything You Need to Know About Inbound Logistics | Source: Picpedia. The tasks associated with the delivery of raw materials are handled by inbound logistics or supply logistics to guarantee their availability throughout the production process. Duties of inbound logistics. Components of the inbound logistics.
It appears from these sources that retailers’ excess inventory is due to a rapid shift in demand patterns along with a reduction in purchasing power at the same time that inflation is discouraging some discretionary spending. And this doesn’t bode well when demand shifts are volatile.
While it was once acceptable and even effective to treat individual returns and other reverse logistics concerns as singular, isolated incidents, that is no longer the case. Today, retailers and supply chain professionals need to have a plan in place to minimize waste and cut down on inefficiencies in reverse logistics. Robinson.
By ARC’s definition, when a business spend management solution is used for direct procurement it is an MSCN. Procurement solutions are often updated with purchased information. Similarly, for spend management solutions the purchase order can be stopped if information is not up to date. That supplier can be put on “hold.”
Reverse Logistics Solutions | Image Source: dreamstime.com. Reverse logistics is in the same predicament as the product inflow into warehouses 20 years ago, when businesses were more concerned with the product outflow. All businesses are concerned about reverse logistics, regardless of where they are in the supply chain.
These people are genuinely interested in your product — so much so, that they have purchased your products. These tools can be used to identify where the visitor came from, how long they stay, what pages they visit on your website or shopping platform, and whether they purchase anything. How Often This is tricky.
Many people get confused about KPIs or Key Performance Indicators in Logistics and Supply Chain operations. Still, in this article, I will help you evaluate the need for supply chain and logistics KPIs in your organisation, and identify which types of measurement might be most appropriate. Which ones to use?…
This is the definition of a true customer centric supply chain. Logistics systems, when planned properly and executed at a high level do more to grow revenue than most parts of the business - including sales and marketing. If you own the final mile of the delivery then you definitely have more impact. Here are a few ideas: 1.
We take pride at Cerasis, as a third party logistics company who has developed a proprietary web-based transportation management system , to offer technology solutions to our shippers so they may remain as efficient as possible and have access to information at their fingertips. History of EDI and EDI In Transportation and Logistics.
E-logistics has been adapted and developed by logistics firms. But what exactly is e-logistics, and how do they vary from traditional carriers? New methods and technology have been introduced in the logistics business to help e-commerce grow. Higher level of customer satisfaction with the purchasing procedure.
Here are some examples with their definitions: Upstream lead times: These refer to the activities required to produce and deliver raw materials, components, and finished goods to your companys factories, warehouses, or other supply chain facilities.
You don’t want to spend unnecessary money, so even packing your own toothbrush and floss rather than purchasing it at the rest stop store will save you something. At Trinity Logistics, we offer a discount program to our carriers that is free to join and gives drivers access to industry-wide fleet savings. No authority of your own?
In the tightly knit fabric of retail, a clear view of the supply chain’s inner workings is a definitive edge for business. The commitment to supply chain transparency is evident, with only a slim 4% of retailers lacking visibility into their logistics. Clarity in supply chain operations distinguishes the leaders in retail.
Brands that have a reverse logistics plan in place make it through the returns season in much better shape than those that don’t. Today we’re going to talk about what you can do, before and after the purchase, to mitigate the damage returns can have on your brand. That’s a lot of merchandise flowing backwards up the supply chain.
Our annual salary survey reveals that the typical material handling and logistics professional earns $93,697. The single biggest challenge facing the industry is lack of qualified workers in all aspects of logistics.” And what does this “typical material handling and logistics manager” look like?
Descartes Systems Group , a global leader in uniting logistics-intensive businesses in commerce, has released its October report on the ongoing global shipping crisis and analysis for logistics and supply chain professionals. The post Latest global shipping crisis report released appeared first on Logistics Business® Magazine.
The winds of change are always blowing, but now, more than ever, logistics and supply chain professionals see it more than most. To keep pace with change, it’s important to keep an eye on the supply chain and logistics trends that are happening right now. eCommerce Will Forever Change Supply Chain and Logistics.
Since ShipMonk is a third-party logistics provider (3PL for short), we’re well situated to observe the ecommerce supply chain from end to end. If your ecommerce brand hasn’t explored other sales channels, you are definitely missing out. For the first time, mobile purchases have overtaken desktop purchases.
Solutions that fall under the definition of SCCN would include EDI VANs (electronic data interchange value added networks), industry marketplaces, and collaborative supply chain applications that are built on public cloud architectures. Business-to-anything integration also contributes to more complete information exchange and agility.
With consumers today showing a preference for retailers and brands that work to reduce their impact on the environment, green logistics is more than a talking point – it’s a growing imperative. . Companies, in turn, are adjusting their supply chains and logistics systems to meet these new expectations. What is Green Logistics?
Around the world, 1 million plastic bottles are purchased every minute. The research is not definitive. Solving the Problem Plastic is a low cost, durable product that has allowed packaged foods to be purchased at lower cost with less wastage. appeared first on Logistics Viewpoints. We have a plastic bottle problem.
This definition has been the precursor of those expressed in the text entitled “Generation of Business Models”, which has taken center stage by proposing the model called CANVAS. In logistics can be contemplated all the business models, knowing: – Market Segment. – Value proposal. – Channels.
I explored these and other related questions with Gary Barraco, Director of Global Product Marketing at Amber Road , in a recent episode of Talking Logistics. The definition of end-to-end visibility has evolved over the past decade. appeared first on Talking Logistics with Adrian Gonzalez.
The supply chain is playing host to emerging logistics technologies and modern marvels of an industrialized society. By definition, competition encourages companies to try to do better than their competitors. Consumers purchase products and customers pay for shipping. 4 Benefits of Using These Logistics Technologies.
The devices are surprisingly inexpensive, costing $350-500 per vehicle per year depending upon the volume of devices purchased. Using autonomous trucks in a truck yard comes with lower risks for a logistics service provider, shipper, or carrier. appeared first on Logistics Viewpoints. Truck Yards and Autonomy. million miles.
We organize all of the trending information in your field so you don't have to. Join 84,000+ 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