GoShip Blog

JUNE 3, 2021

Third-party logistics (3PL) offer a variety of efficient and cost-friendly freight services and outsourced logistics that are necessary for remaining competitive in any business. Outsourcing logistics with a third-party logistics company is vital to a sustainable business. What are the benefits of outsourcing logistics? .

Outsourcing 59

Outsourcing Cost Reduction Expense Reduction Logistics Network Optimization Software 59

GlobalTranz

JUNE 28, 2016

The benefits of outsourcing logistics processes to a third-party logistics provider (3PL) are well documented. Ultimately, the decision to outsource should not be taken lightly, and company executives need to understand a few facts before outsourcing and a few considerations when selecting a provider. Auditing services.

Outsourcing 60

Outsourcing Inventory Reduction Resource Reduction Cost Reduction 60

Parade

MARCH 3, 2021

Challenges with current solutions: Outsourcing accounts payable to a third-party provider. Outsourcing invoice reconciliation to a bank is more common , but that presents its own host of problems: Banks typically require a 3PL or freight broker to use the bank’s own payment network, charging a fee of up to 5% per invoice.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 148

Logistics Bureau

JULY 21, 2017

At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. The Failing Kmart Business Strategy. The first Kmart store opened way back in 1962.

Cost Reduction 68

Cost Reduction Inventory Reduction Price Reduction Vendor Strategies 68

MTS Logistics

JANUARY 29, 2020

A crucial factor in global business strategies around the world is incorporating more sustainable methods into the supply chain, which will prove to be incredibly important in 2020. For most companies, the key focus of their logistic strategies is to minimize the freight cost while providing a highly efficient, effective service.

Cost Reduction 92

Cost Reduction Inventory Reduction Trends Logistics Network Optimization Software 92

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. Processing the order In this stage, the fulfillment team from the nearest warehouse retrieves the order from storage, prepares, packs, and organizes it for shipment, along with its documentation. Let’s fill in! What is Order fulfillment?

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

GlobalTranz

JULY 22, 2015

As a consequence of rising freight costs, an increasing number of organizations has been more proactive in controlling freight cost and have outsourced the freight auditing process to freight audit specialists. By doing regular audits, you will be able to avoid using carriers that overcharge and identify better strategies for your company.

Freight 94

Freight Negotiating Skills Resource Reduction Cost Reduction 94

GlobalTranz

FEBRUARY 13, 2015

All over the world, heading offshore to outsource production has become something that it is had been accepted as the norm. Too many, however, outsource production for the wrong reasons. They can accomplish this by conducting thorough research, developing a logical strategy, and managing proactively to prevent problems.

White Paper 94

White Paper Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 94

GlobalTranz

FEBRUARY 18, 2022

In this post, we’ll do a deep dive into less-than-truckload (LTL) industry trends to watch for 2022, and highlight actions that shippers should consider to guide their strategy throughout the year. The accessorial/surcharge situation reflects carriers’ strategy to select freight that’s optimal for their network. Tightened Capacity.

Trends 91

Trends Cost Reduction Resource Reduction Inventory Reduction 91

GlobalTranz

JUNE 18, 2015

Product travel in reverse of their original paths from the seller to buyers’ locations, after which they may undergo disassembly and disposal or recycling, or repair or refurbishment, testing, packaging, warehousing, resale, shipping, customer support, and other reverse logistical processes executed by the seller outsourced services.

Reverse logistics 103

Reverse logistics Optimization Software Logistics Network Optimization Software Transportation 103

Ship Monk

OCTOBER 17, 2022

Small businesses may start out with one type of fulfillment strategy then change when the company outgrows it. Each type of logistics option involves different levels of supply chain involvement, ranging between handling everything yourself and outsourcing everything. Don’t worry; you can change later on. So let’s talk PLs 1 – 5.

eCommerce 110

eCommerce 3PL Logistics Network Optimization Software Supply Chain Design Software 110

Logistics Bureau

JANUARY 20, 2025

As youll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, weve discovered that many companies lack a defined and documented supply chain strategy. A company without a supply chain strategy is at a competitive disadvantage.

Inventory Reduction 40

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 40

GlobalTranz

JUNE 23, 2015

And, some companies just instinctively followed the corporate crowd toward outsourcing. details obscure off-shoring risks often overlooked by hasty manufacturers who experience typical outcomes of failure to evaluate all cost factors and risks of outsourcing. Terence Burton, President, Center for Excellence in Operations, Inc.

Cost Reduction 104

Cost Reduction Expense Reduction Inventory Reduction Material Savings 104

GlobalTranz

JANUARY 5, 2015

In the 3PL Perspectives 2014 report from Inbound Logistics they say: “Inbound Logistics’ annual 3PL Perspectives market research report documents these changing dynamics. While cost reduction remains the dangling carrot leading shippers to the 3PL well, that impetus has expanded considerably during the past several years.

Blog 90

Blog 3PL Cost Reduction Outsourcing 90

GlobalTranz

APRIL 5, 2018

What about payment processing and documentation? Unloading / Delivery – Upon arrival at the destination, the carrier oversees all necessary unloading a delivery, and the 3PL ensures the driver documents all information, including arrival time, accounting for detention, and checking freight for quality, damage, and contents.

Optimal Sourcing 76

Optimal Sourcing Procurement Resource Reduction Cost Reduction 76

Parade

MARCH 3, 2021

Challenges with current solutions: Outsourcing accounts payable to a third-party provider. Outsourcing invoice reconciliation to a bank is more common , but that presents its own host of problems: Banks typically require a 3PL or freight broker to use the bank’s own payment network, charging a fee of up to 5% per invoice.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

Parade

MARCH 3, 2021

Challenges with current solutions: Outsourcing accounts payable to a third-party provider. Outsourcing invoice reconciliation to a bank is more common , but that presents its own host of problems: Banks typically require a 3PL or freight broker to use the bank’s own payment network, charging a fee of up to 5% per invoice.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

Blue Grace Logistics

APRIL 12, 2024

However, successfully incorporating cross-border shipping into your business strategy requires careful planning and execution. These experts can assist with customs documentation, tariff classification, and compliance with local regulations, ensuring smooth and hassle-free transportation of goods across the border.

Inventory Reduction 62

Inventory Reduction Cost Reduction Expense Reduction Supply Chain Planning Software 62

Logistics Viewpoints

OCTOBER 9, 2024

DPPs provide a streamlined, digital way to document a product’s lifecycle, making it easier to ensure compliance and improve transparency. As the regulatory environment continues to shift, companies that adopt DPP strategies will be better prepared for the future. For example, businesses in the U.S.

Compliance 114

Compliance Digital Sourcing Strategies Waste Reduction 114

Logistics in War

OCTOBER 17, 2019

The hollowness and general inadequacy of the ADF’s logistics support was not a result of any strategy concept or policy including the ‘defence of Australia’ concept outlined in the policy document ‘Defence of Australia 1987’. Policy and concepts are important, but economics (and money) is everything.

Resource Reduction 98

Resource Reduction Cost Reduction Operations Military 98

GlobalTranz

MAY 29, 2018

If a shipper automates the process, audits do not cost more than the software, which is why some companies opt to outsource parcel audits. Additional benefits of outsourced auditing service include: Fewer overcharges. Full-scale deployment of auditing includes documenting the issue and getting a refund from a carrier.

Cost Reduction 60

Cost Reduction Price Reduction Transportation Outsourcing 60

GlobalTranz

JUNE 7, 2018

Such software is essential for maintaining documentation for customs, including the importer and exporter of record (IOR & EOR), documenting freight spend, and analyzing overall logistics operations. Consider value-added services when outsourcing full truckload freight management, like automated payment processing and auditing.

Supply Chain Planning Software 65

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Cost Reduction 65

Freightos

JUNE 17, 2024

Focus on Innovation : By outsourcing the underlying AI technology, companies can focus more on innovation and applying AI in unique ways within their business models. Matt was previously the founder/CEO of Catapult International, the industry leading ocean shipping rate management system.

Modeling Software 119

Modeling Software Optimization Software Logistics Network Optimization Software Cost Reduction 119

3PL Links

OCTOBER 19, 2022

Define your returns management strategy: Analyze how effective returns management could help you lower expenses, enhance customer service, and even boost revenue. But one thing is certain: like every outsourcing choice, it ultimately comes down to evaluating the advantages and disadvantages and economically quantifying each.

Reverse logistics 62

Reverse logistics Procurement Solutions 3PL Vendor Strategies 62

CH Robinson Logistics

OCTOBER 3, 2017

When it comes to transportation, 3PLs can engage carriers, consolidate less than container load (LCL) or less than truckload (LTL) freight , keep track of freight payment and insurance documents, and work with private fleets. Such issues include documentation, customs, duties, and differing shipping regulations. The bottom line?

Supply Chain Design Software 84

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

Forto

JANUARY 10, 2020

Outsourcing production to countries with lower wage levels has also enabled companies to reduce costs. And with these factors as your tailwind we think that the following 8 strategies will take your business to the next level. And don’t get discouraged, because developing a good export strategy takes time.

Cost Reduction 40

Cost Reduction Price Reduction Sourcing Strategies Strategy 40

GlobalTranz

SEPTEMBER 7, 2017

The use of terms for defining FOB should be established within the freight invoice , bill of lading or other appropriate documentation. For new shippers, understanding FOB can be even more complicated, and as a result, more shippers are choosing to outsource the entire process to third party logistics providers (3PLs).

Freight 82

Freight Cost Reduction Purchasing Skills Expense Reduction 82

GlobalTranz

OCTOBER 24, 2016

The lean concept, itself, is a strategy created to simplify, organize and optimize a working environment. While lean practices aren’t hard to adopt, they’re still difficult to implement if the proper documents, data, services and knowledge isn’t processed. Lean manufacturing deserves a “back to basics” approach, however.

Waste Reduction 99

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction 99

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

GlobalTranz

SEPTEMBER 18, 2015

In that interview we mentioned that he would visit Made In USA Zipper manufacturer, UCan Zippers to film a video documenting the company's commitment to American Manufacturing for nearly 30 years. In our eye, UCan Zippers could have joined all the other companies outsourcing for cheaper labor, but they didn't.

Vendor Strategies 102

Vendor Strategies Cost Reduction Supply Chain Design Video 102

FreightWaves SONAR

JANUARY 22, 2021

And an advanced WMS can use preconfigured tools and resources to introduce robotic picking systems, proactive replenishment strategies, and faster pick-to-carton processes with embedded warehouse KPIs too. Communication within the supply chain is critical for smooth operations.

Supply Chain Software 59

Supply Chain Software Logistics Network Optimization Software Resource Reduction Sourcing Strategies 59

Logistics Bureau

OCTOBER 6, 2024

3PL 3rd Party Logistics – A company that provides outsourced logistics services. COA Certificate of Analysis – A document that confirms a product meets its product specification. GTM Go To Market (strategy) – A plan that details how a company will reach target customers and achieve competitive advantage.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 75

GlobalTranz

SEPTEMBER 13, 2017

A common belief among shippers, especially among shippers spending $10,000 or less annually on small parcels, is using in-house auditing is more effective than outsourcing the service. By outsourcing parcel audits to a third party, you can alleviate the extra burden on your staff caused by conducting in-house audits. In a Nutshell.

Cost Reduction 68

Cost Reduction Transportation After-sales Packaging 68

Logistics Bureau

JULY 25, 2022

The war continues to induce a welter of problems that are adding up to a nightmare scenario for global business, and many companies must look expeditiously to mitigation strategies. As if to confirm the unlikeliness of compliance with the accord, Russian missiles struck the port of Odessa within hours of the document-signing ceremony.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Design Supply Chains Scenario Planning 98

CH Robinson Logistics

JULY 16, 2021

When it comes to transportation, 3PLs can engage carriers, consolidate less than container load (LCL) or less than truckload (LTL) freight, track freight payment and insurance documents, and work with private fleets. Such issues include documentation, customs, duties, and differing shipping regulations. Learn how working with 3PL C.H.

Supply Chain Design Software 63

Supply Chain Design Software 3PL Supply Chain Planning Software Supply Chain Software 63

Radius Logistics

OCTOBER 21, 2019

Establishing your transportation strategy can be difficult and time consuming… that’s where a knowledgeable third party comes in. . The word “outsourcing” can sound like you’re spending money on additional positions and resources, when in actuality, it can mean saving money on potentially inessential positions and resources. .

3PL 37

3PL Resource Reduction Cost Reduction Inventory Reduction 37

GlobalTranz

JANUARY 29, 2016

Now, that’s not even counting the dozens of registration numbers and tracking numbers that must be meticulously kept up with and found and used on documents A, B, and C, but a different number is needed for the second page of document B and document E when properly vetting carriers.

Inventory Reduction 50

Inventory Reduction Transportation Logistics Network Optimization Software Document 50