article thumbnail

3PL Basics: An Introduction to 3rd Party Logistics with Roberto Cadena

The Logistics of Logistics

The definitions are confusing because the space is so dynamic and ever-changing. Inventory Management. Vendor Management. Customer / Supplier Management. Global Trade Management (GTM). Non-asset based – companies that don’t own assets like brokerages, service providers, etc. Inbound Logistics. Optimization.

3PL 366
article thumbnail

REPOST: 3PL Basics: An Introduction to 3rd Party Logistics with Roberto Cadena

The Logistics of Logistics

The definitions are confusing because the space is so dynamic and ever-changing. Inventory Management. Vendor Management. Customer / Supplier Management. Global Trade Management (GTM). Non-asset based – companies that don’t own assets like brokerages, service providers, etc. Inbound Logistics. Optimization.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

SSI Schaefer publishes first Sustainability Report

Logistics Business Magazine

Specific goals defined with regard to a value-oriented corporate culture include, for instance, the development of a strategic EHS (environment, health and safety) management system or the definition of global KPIs for the Group’s safety performance.

article thumbnail

UPS announces expansion of LCL ocean service

247 Customs Broker

Other benefits of Preferred LCL Ocean Freight include: published CFS to door delivery transit times; day-definite delivery commitments; expedited inland transportation; simplified per kilo pricing and invoicing; dedicated operational and bi-lingual customer support; and. advanced technology tools for maximum shipment visibility.

article thumbnail

Inbound vs. Outbound Logistics: Understanding the Key Differences and Optimizing the Last Mile

Locus

Inbound logistics deals with the movement of materials and inputs from suppliers to the company, while outbound logistics deals with the movement of finished products from the company to customers or distribution channels. Focus Procurement, receiving, storage, and inventory management.

article thumbnail

Supply Chain Risk Management

Logistics at MPEPS at UPV

Supplier relationship management. Contract/supplier management availability and expertise. Supplier development and continuous improvement Supplier communications. To summarize the SCRM is an integrated sub-process of a company-wide risk management process. In-house SRM expertise.

article thumbnail

7 Reasons Why the Supply Chain Matters to Business Success

Logistics Bureau

The definition above is not from any textbook, but is simply one that I’m sure you’ll agree, describes a state of affairs that any corporate leader or business owner would be happy to arrive at. Of course, it is helpful to have some statistics on hand to validate the statement above.