Articles
3PL Line: Third-Party Logistics Perspectives
3PLs Can Provide Soft Cost Savings for Small Businesses
Shipping is the second-largest cost many small businesses incur, after labor. Despite the challenges they face—including high gas prices, advancing technologies, and competitive markets—small companies must continue to move products from Point A to Point B. To keep productivity high and customers happy, some small businesses seek ways to cut shipping costs, including engaging third-party […]
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6 Secrets to Finding the Right 3PL
To help mitigate a potential capacity shortage, many shippers are turning to third-party logistics (3PL) providers to help cover lanes that otherwise would be difficult to fill. If you are looking to partner with a 3PL, these guidelines can help you secure a beneficial service provider relationship. 1. Choose carefully. Until recently, Internet access and […]
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Are You Paying Too Much for Transportation? Benchmark Carrier Activities to Find Out
If you haven’t reviewed your carrier activity in the past 12 to 18 months, there’s a good chance your transportation costs are more than what you’ve planned, higher than the rates listed in your routing guide, and, quite possibly, higher than competitive market rates. Over the past year, shippers have begun to feel the pinch […]
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Trends and Predictions for 2013 and Beyond
2012 was another banner year for many in the third-party logistics (3PL) sector. Shipper procurement strategy has continued to evolve, and there are certainly some notable trends that will shape future decision-making with respect to shippers, asset-based providers, and 3PLs alike. Technology, innovation, and transparency seem to be on the minds of many in our […]
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Five Signs Your Production Logistics Needs Help
Most manufacturers experience and address common inbound logistics challenges, but one area of improvement that many overlook is the discipline of production logistics — ensuring each machine and workstation is fed with the right product in the right quantity and quality at the right time. As the crucial link that connects inbound materials to on-time […]
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Redefining the Race to Profitability Through Innovation
Every manufacturer, supplier, and U.S. business is feeling the effects of today’s tough economic conditions. It has never been more important to control costs and operate efficiently. The pressure is on for manufacturers to reduce waste, and operate in a truly lean manner. These facts are even more prevalent in the automotive sector, where profitability […]
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Air Freight Collaboration and Agility
In response to a sluggish airfreight market and generally lower cargo volumes and capacity, airfreight forwarders (AFF) are using strategic business practices and concepts to assist them in effectively managing airfreight shipments for optimal efficiency, performance, and results. By implementing collaborative and flexible logistics practices and remaining agile, managing air freight today can be a […]
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Holiday Rush Planning: How to Mitigate Risk in a Volatile Market
In today’s globalized supply chain, extended manufacturing and transportation lead times dictate that retailers complete most holiday season planning in June and July. These plans are based on the best available intelligence at the time, including consumer forecasts, retailer promotions, and the competitive landscape. Within the build window for seasonal holiday demand, the industry is […]
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Using Social Media to Your Advantage in Transportation and Logistics
With more than one billion people using social networks today, social media is forging a new era in business opportunity and engagement, creating two-way communication that enables customer feedback and response in real-time. As the transportation and logistics sector grows, it is essential to work strategically to leverage technology and media to drive efficiencies and […]
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Managing Global Complexity: The Right Tools for the Job
Henry Ford is popularly quoted as saying that his customers could have any color Model T they wanted—as long as it was black. For years, global logistics professionals using optimization could relate to Ford’s quote, because they could apply this highly respected engineering practice to virtually any shipping challenge they faced—as long as they were […]
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