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Logistics management involves the management of all processes associated with the movement of goods and resources throughout the supply chain.
A lot more goes into successful order fulfillment than shelves of neatly stacked products. There is an art and a science to pick and pack methods.
Good inventory management and the right pick and pack software will help you ship orders with maximum speed and accuracy.
Here is your ultimate guide to pick and pack methods.
Continue reading “The Ultimate Guide to Pick and Pack Methods!”Selling products that came from abroad as a successful importer can be a pretty rewarding business, especially if there is a growing local market that can buy your goods. Imported products tend to be available for a cheaper price, and usually in high quality.
And with the rapid spread of globalization, new and commercial items from an international supplier could emerge, which gives importers instant access and offer it their own country maximizing their profits in the long run.
If you’re one of those aspiring entrepreneurs who are planning to start an importing business, then you should be aware of some tips that can help you thrive and succeed as the competition becomes tougher as the years go by.
Continue reading “How to Be a Successful Importer! (Infographic)”LTL, or less-than-load, is a shipping method that involves using only a portion of a truck’s available space. Those companies who choose LTL trucking pay only for the space they use and the distance the product needs to travel.
Are you wondering if your company can benefit from LTL?
If so, keep reading.
Continue reading “When to Call for LTL Trucking!”Freight forwarders and shippers/BCOs are on a constant quest to have a better understanding of their ocean freight costs and ultimately have larger margins.
The cheapest quote may not always provide overall cost savings.
Both the suppliers and shippers will need to monitor market conditions and costs on an ongoing basis as they enter carrier rate negotiations. For the shipper, in particular, the use of freight cost benchmarking, market movement analytics and global container tracking will also be important to achieve additional insight and a better understanding of overall costs.
Freight costs are considered by many forwarders and shippers to be a major part of their total shipment cost.
Continue reading “How to Lower Your Ocean Freight Costs!”At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “Seasoned Leadership in Action™” Interview series. This interview is with Lorrie Watts, Director of Logistics at Red Stag Fulfillment.
Continue reading “Seasoned Leadership in Action™ – An Interview with Lorrie Watts, Director Logistics at Red Stag!”Outsourcing logistics can provide numerous advantages for businesses of all sizes. As supply chains become more complex and globalized, many companies find it beneficial to rely on third-party logistics (3PL) providers to handle some or all of their transportation, warehousing, distribution, and fulfillment needs.
While outsourcing any business function requires careful evaluation, logistics is an area where outside expertise and resources can offer a significant return on investment.
Let’s explore 7 key benefits companies can gain by outsourcing all or part of their logistics operations.
Continue reading “7 Benefits of Outsourcing Logistics!”Suffering from order growth overwhelm? I’ve been there. And right now, you might be thinking of giving this new-fangled on-demand warehousing a go.
Storing your products can cause a major headache when you’ve run out of space and you’re running out of money. And while in the past your options were limited to a 3PL fulfilment service or purchasing your own warehouse, there’s now a new kid on the block in the form of on-demand warehousing.
Continue reading “On-Demand Warehousing Pros and Cons!”The Black Friday/Cyber Monday period is the busiest time of the year in E-Commerce and Retail.
For most companies selling in these channels they will see a spike in demand unlike anything they’ve experienced the entire year. And if successful they will be seeing growth much higher than the prior year.
But its one thing to sell and take orders for all of these products. It’s quite another matter altogether to fulfill that demand and do it successfully.
The exponential demand increase, in such a short timeframe, will stress any Supply Chain system to the maximum.
How do you ensure that your Supply Chain bends, but doesn’t break?
Continue reading “Ensure Your Supply Chain Doesn’t Break on Black Friday!”Anyone in Supply Chain has likely heard the phrase “Incoterms”, certainly if you are involved in Freight and Logistics management, or perhaps in Finance.
Even if you haven’t heard of “Incoterms” you are more likely to have heard of terms like “Ex Works”, “Free on Board” or FOB, or “DDP” (Delivered Duty Paid, amongst others. These, and more, are called Incoterms.
But for those who are unfamiliar with all of these acronyms and definitions they can be quite confusing and difficult to understand.
In this article we will endeavour to provide more clarity on what Incoterms are.
Continue reading “What are Incoterms?”Every industry has its own set of myths, falsehoods, and urban legends. The realm of Supply Chain and Logistics myths is no different.
Consider the following questions. Is the global supply chain fully automated? If not, why not? What about the role of technology in transportation? Is it dominant or absent? Do supply chain jobs go to the most educated candidates, or are there other, more relevant factors that play in the decision? Will AI and other varieties of tech-based systems replace human beings soon?
Do commercial business leaders seek to minimize costs, or do they engage in another pursuit? What causes shortages? Is automation always a good, productive thing, or can it cause problems? Those queries are at the root of the most common supply chain myths.
Here are more details, along with a thorough debunking of each of the Supply Chain and Logistics Myths.
Continue reading “5 Supply Chain and Logistics Myths Debunked!”Overseeing a fleet of vehicles can be a tough job. Anyone who’s been involved in fleet logistics has probably spent countless hours going over schedules, vehicle maintenance records, driver training requirements, and a host of problems and delays that have the tendency of popping up at the worst of times without a fleet strategy.
If you’re experiencing issues or have questions regarding fleet strategy, you’re not alone.
A good professional, though, is always looking to improve their methods. To guide you on your way, we’ve spent some time putting together a list of 5 insights to help you manage your fleet strategy better.
Continue reading “5 Insights for Managing Your Fleet Strategy!”A trucking company’s primary purpose is to transport full-truckloads of goods from one location to another. It is no surprise that most people think truck companies offer no other services to their customers. This is a sad, not to mention costly, mistake. These companies know very well how to become a dispatcher and how to keep customers satisfied.
A standard trucking company offers other unique services that can help you and your business save both time and money.
Use these services instead of or alongside your conventional shipping methods to realize a tremendous cost-benefit.
Continue reading “4 Unique Services Offered By Trucking Companies!”In today’s world, where globalization and international trade play an increasingly important role, efficient freight management is becoming a key aspect of success for many companies.
Freight management includes the coordination and control of the delivery of goods from the sender to the recipient. In this article, we’ll take a look at the main methods companies manage their freight and trucking operations.
Continue reading “How Do Companies Manage Their Freight?”Logistics refers to the detailed coordination of a complex operation that involves people, facilities and supplies. In the world of business, to improve logistics management is the practice of managing a certain flow of things between the point of origin and point of consumption in order to satisfy the needs of customers and operations.
Many enterprises today tend to pay a lot of attention to the way of how they manage logistics because it basically helps them to increase the value of their business. Logistics have the capability to enhance the merchandise and make the products much more accessible. Additionally, the economy of a country depends heavily on the efficiency of logistics to support the stable movement and flow of many economic operations.
Logistics management is one of the most vital components of business operations as its result often brings a significant impact on the internal processes as well as relation with customers.
Continue reading “5 Ways to Improve Logistics Management! (Infographic)”At Supply Chain Game Changer we believe in sharing leadership experiences and expertise from people in every industry and from across the globe. As such we have introduced our “Seasoned Leadership in Action™” Interview series at Supply Chain Game Changer. This interview is with Raymon Krishnan, President of The Logistics and Supply Chain Management Society.
Thank you Raymon for your support of Supply Chain Game Changer, and taking the time to share your experiences and expertise with us.
Continue reading “Seasoned Leadership in Action™ – An Interview with Raymon Krishnan!”
