Articles
Knowledge Base
Time to Reconsider Your 3PL Strategy
Third-party logistics companies come in many different forms, and for a while there was not much barrier to entry into the marketplace— particularly the less-than-truckload segment. Until even recently, the following recipe could be utilized to form a 3PL: Ingredients: Freight to leverage Growth potential Industry knowledge Technology— in any form Instructions: Take one former […]
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TMS Evolved: Intelligent Execution Tools That Add Context
Evolution is inevitable, isn’t it? It makes sense that transportation management systems should evolve as well. While the concept of Moore’s Law does not necessarily apply to TMS advancements in its short lifespan, there are current improvements available that are making shippers stand up and take notice. The newest improvement has been the ability to […]
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It’s Time to Start Looking at the Future and Preparing for the Long Haul
The challenges of the current economy and the availability of capacity have driven truckload prices to their lowest point since 2005. While most shippers have seen great opportunities with the decline in pricing, the market is changing. As recent research from Noel Perry and FTR Associates indicates, market pricing bottomed out in the second quarter […]
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Ready for the Rebound
One good thing about difficult times is they drive people to take action. It’s easy to be nonchalant about counting pennies when dollar bills are everywhere. But when things get tight, lip service surrounding efficiency and automation just won’t do. Tomorrow’s leaders are using the recession to address manual processes, paper and other inefficiencies. Using […]
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Immediate Steps Toward Supply Chain And Transportation Integration
Finally! Now, there is much more action toward integrating the transportation function into the Supply Chain. For years, there has been the realization of the high volume of money being wasted associated with transportation expenses—inbound, outbound and "plant-to-plant." Let’s look at some industry numbers: Overall inbound, production-related and outbound transportation is often the 3rd highest […]
Read MoreWhy Shippers Should Care About Total Landed Costs
The unprecedented economic downturn, combined with the very unpredictable changes in key supply chain variables over the last few years, shows why shippers should take a more holistic approach when making network configuration decisions. The dramatic spike in fuel prices last year serves a perfect example. The fuel ≥crisis≤ was a catalyst that forced companies […]
Read MoreIt’s 2009. Do You Know Where Your Freight Dollars are Going?
The last two years have proven to be very stressful ones for most supply chain managers. Hundreds of firms have failed and thousands of jobs have been lost throughout the industry. Most managers of virtually all functions are under more pressure to meet corporate goals than ever before. According to the recent CSCMP State of […]
Read MoreMeasure Your Way to Exceeding C-Suite Expectations
With organizational performance demands at an unprecedented high, the C-Suite is scrutinizing every cost of doing business and looking for places to cut costs while enhancing customer service. Constantly changing corporate goals and the mandate to do more with less adds stress to heightened business goals. One thing is clear: Changes made to your business […]
Read MoreMake Sure TMS Stands for ‘Time-to-Market Savings’
Broad agreement exists nowadays among logistics managers that Transportation Management Systems (TMS) are a useful—many would say powerful—addition to their arsenal of tools. After all, a good TMS will automate quoting, tendering, billing, and a host of other shipping activities. It will optimize modes, routings, and costs while providing unprecedented visibility to shipment status and […]
Read MoreHow to Close the Supply Chain Value Gap
When it comes to IT investments in Supply Chain Management, what you see isn’t always what you get (WYSIAWYG for short!). Studies indicate that there’s a huge gap between what customers in various industry groups perceive as required investments and satisfaction with the delivered IT solution. Nevertheless, in today’s competitive and vulnerable economy, it becomes […]
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