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About Beta Consulting Group BETA Consulting Group is in the business of building brands through foundational messaging and customer testimonial videos, along with creating relevant content for the transportation industry through LinkedIn LIVE shows and industry events to entertain, educate and inspire.
About Alexis Mizell-Pleasant Alexis Mizell-Pleasant is Managing Editor at Food Logistics and Supply & Demand Chain Executive magazines where she is responsible for writing, editing, managing the awards programs, overseeing social media, moderating webinars, managing client relationships and more.
Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.
Outsourcing in the supply chain of logistics teams may sound farfetched. After all, outsourcing typically refers to sending jobs overseas. Yet in outsourced logistics simply refers to hiring a third-party logistics service, 3PL, to handle the logistics services. Nocona Boots. Chippewa Boots.
Outsourcing various parts of your company to other businesses that specialize in those areas has long been a solution that can give you excellent results. This is especially true when outsourcing transportation management, as transportation can include a large part of your overall supply chain and business costs. Here are the details.
The 3PL industry is currently at a juncture where stakeholders are being forced to reconsider the way they do business. The year on year increase in customer dissatisfaction of logistics outsourcing has pushed many players into a defensive corner. Cautious Optimism Abound in the Logistics Outsourcing Outlook.
This sounds like a comparison to warring civilizations; however, this concept remains applicable to the manufacturing industry of modernity. Yet, many politicians, economic analysts, and skilled workers continue a call to arms to save the stereotypes of an archaic manufacturing industry. Consider the shipping industry.
But first, we want to back up and give you a general overview of what is logistics, what are the 6 rights of logistics, the origins of logistics, and how outsourcing logistics functions to an expert firm can give you a competitive advantage. Outsourcing Logistics and Supply Chain Functions Can Provide a Competitive Advantage.
This post is from a press release sent to us regarding the recent survey of the 3PL industry. Survey Points to Continued Success of Shippers and the 3PL Industry. CEOs across North America , Asia-Pacific and Europe were also asked to project regional industry revenue growth rates for the next three years in each of their regions.
It's an extremely attractive idea for business owners to outsource jobs overseas. Many may even think that supply chain management in manufacturing is just a nice term for outsourcing, however those same people often forget that America still does a lot of producing for people everywhere in the world.
In this installment, we’ll talk about How to Work with a 3PL, The Benefits of a 3PL, & the Future Trends of the 3PL Industry. Finally, as a shipper or someone in the industry, where is the 3PL industry going? You’ll read about some interesting developments to come in the 3PL industry. The ongoing rebound of the U.S.
Meanwhile, the overall value of the global logistics market continues to exceed $4 trillion, and the demand on the industry is only increasing. As a result, more companies and organizations are turning to third-party logistics providers ( 3PLs ) to outsource all or partial logistics operations. Assess current operations, if possible.
Editor's Note: Today's blog is from our friend Allison Wilkinson, a freelance writer in the industry, who shows us why Reshoring or Insourcing Manufacturing can boost your profits. While reshoring has always been a debated topic in the manufacturing industry , the subject earned the national spotlight in the 2016 presidential election.
Companies across various industries are constantly seeking ways to streamline their operations, reduce costs, and enhance customer satisfaction. By outsourcing logistics functions to a specialized provider, businesses can adapt more swiftly to changes in demand without the burden of maintaining excess infrastructure or workforce.
We firmly believe that everyone involved in supply chain should be informed as the industry is constantly being shaken up. The blog is run by Lilly and Associates and covers a huge range of topics from drop shipping, outsourced fulfillment, the trucking shortage, U.S. Top Logistics and Supply Chain Blogs We Love. Ship Lilly.
Industrial IoT and big data are converging to enable demand-driven 'smart supply chains.' According to industry standard ASTM F2792-10 , AM is defined as, "The process of joining materials to make objects from 3D model data, usually layer upon layer, as opposed to subtractive manufacturing technologies.". Source CIO.com.
Those in the trucking industry may finally get that big pay raise they’ve been wanting for decades. The Trucking Industry in Crisis. According to the Bureau of Labor Statistics , the heavy and tractor-trailer trucking industry is projected to increase by 11 percent through 2022. The future of trucking is solid.
Changes in manufacturing processes, which will increase production, lead to one ultimate result--the logistics industry must change. For third-party logistics providers ( 3PLs ), logistics industry trends will dramatically affect how logistics providers of all sizes operate. Logistics Entities Move Towards Sustainability.
Logistics industry trends in 2016 reflected global drives to improve efficiency and meet increasing consumer and business-to-business demands. Twitter Facebook Google+ LinkedIn The post How IoT and Augmented Reality in Logistics are Moving The Industry Forward appeared first on Transportation Management Company | Cerasis. What’s Next?
A knowledgeable 3PL brings industry expertise, specialized infrastructure, and established networks. By outsourcing non-core logistics functions to a reliable 3PL, companies can focus on core competencies while benefiting from cost-effective, streamlined supply chain operations. Are You Profitable with Your Transportation Strategy?
With the release of the May 8, 2015 Jobs Report , many businesses and employees within the manufacturing industry have grown concerned. You have, no doubt, heard of offshore manufacturing, or outsourcing, throughout the course of the previous decades. Cheaper Products From Alternate Economies. Environmental Concerns.
Transportation Industry Braces for a Looming Transportation Capacity Crunch Crisis in 2017. Report Points to Increase of Shippers Outsourcing Transportation Management Due to These 4 Core Benefits. However, outsourcing non-core competencies has now become a widely accepted practice across many industries.
The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Analytics Driven Procurement Will Take Center Stage as the Key Player in all the Industrial Procurement Trends. Cybersecurity is an ever-present envelope around any of the industrial procurement trends.
Gainsharing comes with its share of benefits too, and more logistics services providers are starting to use a newer pricing model, Vested Outsourcing, in place of rigid gainsharing models. However, this additional growth could be gained from other sources, which is why some are turning to Vested Outsourcing. The Big Picture.
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. The food industry reshored 1,628. energy costs have dropped.
We continue our series on the most popular blog posts of 2014 in each of our main categories with our very first post of 2014 by featuring another area important to Cerasis and the industry: third party logistics. Some say “all or a significant part”, while others say “at least one part.” Read the Full Blog Post. Read the Full Blog Post.
Logistics Business has a new Webinar to play on-demand for free, moderated by Editor Peter MacLeod. In the 34 minute Webinar sortation technology for fashionwear distribution centres is discussed, specifically the new GENI-Ant system. Click here to watch now.
Outsourcing of jobs, lower manufacturing costs and continued upheaval in the U.S. manufacturing jobs were due to overseas outsourcing and foreign manufacturing. Changing roles in manufacturing is not new to the industry. In fact, China is now the largest global market for industrial robot sales.
Auditing is one of the least favorite tasks of people in the logistics and transportation industry, even among those who specialize in performing it! Inbound logistics noted that for many companies, outsourcing could be the most economical way to properly audit and process freight invoices.
The following definition is one of the most simplistic of all we've found, from TechTarget : A 3PL (third-party logistics) is a provider of outsourced logistics services. But, if you are a shipper, or work in the industry, you understand there are, what we like to call "50 Shades of Third Party Logistics Providers."
The phrase “Made in China” embodies cheap labor, the outsourcing of American manufacturing jobs, and China’s transformation into one of the world’s economic superpowers. As the markets develop, we can be sure that many of the most common items will be in stock notwithstanding the massive industry of customization.
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. Many carriers outsource their invoicing functions, which ultimately increases the overcharge/error ratio. .
Whereas 2009 saw the control of transportation industry profits in the hands of the shippers, two years later a shift occurred in the favor of carriers. However, according to Inbound Logistics , there are certain rules and economics of the transportation industry that must be followed.
In fact, Cerasis performs reverse logistics every day with our customers, but you won’t find a formal page on our website or brochure outlining the details (but as we continue to increase in the automotive aftermarket industry, perhaps we should….). Download the Webinar Replay. Read the Full Post. Read the Full Post.
Third party logistics (3PL) is the function by where the owner of goods outsources numerous components of the supply chain to a 3PL company that can perform the management function of the clients’ customs, inbound freight, distribution, warehousing, order fulfilment and outbound freight to the client’s customers. What is 3PL?
Industry 4.0 The lean manufacturing revolution of the 1970s, the outsourcing trend of the 1990s and the automation of the 2000s set the stage for the digital transformation we are seeing today. In addition, the shift toward responsive technology manufacturing methods is shaping the new industrial revolution.
To prepare for the unexpected, unforeseen perils of the future, you need to know what the TPA is and how it will affect the economy and the manufacturing industry. Increase in Companies’ Opting to Outsource Offshore. To appease all parties, some companies may opt to engage in offshore outsourcing when the TPA becomes law.
With an ever-increasing pool of third-party logistics (3PL) providers to outsource shipping needs to, understanding how to select the best 3PL is the difference between reaching your existing customers and gaining a new market share. What Predictive Analytics Are Available?
Finding the fastest route between two points is not as easy as it sounds, and in every industry people will argue about the best way to go about achieving this. Efficiency begets costs savings, and let's be honest, we are all looking for ways to do that! We hope this helps you in that pursuit. . Reshoring Spurred By Better DFMA.
Reverse logistics system practices vary based on industry and channel position. Industries where returns are a larger portion of operational cost tend to have better reverse logistics management system and processes in place. Outsourcing. Compacting Disposition Cycle Time. Reverse Logistics Information Systems. Zero Returns.
To stay competitive in this dynamic industry, 3PL warehouses need innovative marketing strategies to attract new customers and retain existing ones. Content Marketing: Leverage the power of content marketing to establish your 3PL warehouse as an industry thought leader.
Uber has changed the game for the public transportation industry, and the ride-sharing giant is well on its way to changing logistics. Meanwhile, demand on the trucking industry is already threatening to burst at the proverbial seams. In the interim, the Amazon-Effect looms over this breakout industry.
According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. This is even expanded in companies that have outsourced procurement practices entirely. The roles of logistics and procurement in an efficient supply chain cannot be overstated.
Like with the manufacturing and supply chain top articles, in the logistics category, the most popular posts had infographics, talked about the future of the logistics industry, and was heavily focused on technology. State of Logistics Outsourcing: Plenty of Room for Growth as Shipper Dissatisfaction & Technology Expectations Increase.
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