Articles
Thought Leaders
Leveraging Collaborative Logistics for Increased Visibility
Q: How can value chain partners cooperate to create and share efficiencies? A: Significant efficiencies can be realized across the supply chain when all stakeholders (enterprise, vendors, carriers) can collaborate in real time through a standardized logistics execution platform. This type of interaction is also known as collaborative logistics. The cornerstone of collaborative logistics is […]
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Improve Your Supply Chain’s Stability During the Next Procurement Event
Q: Why is now the right time to consider a transportation procurement event? A: The transportation industry consistently faces capacity volatility, demands for improved service, and relentless focus on cost containment. Two years ago, shippers witnessed on-time delivery fall as low as 80 percent while the spread between contracted and spot rates exceeded 25 percent. […]
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Realizing the Power of a Leveraged Platform
Q: How can today’s manufacturers deal with increasing regulations, demand volatility, and shifting global trade currents? A: One way a manufacturer can mitigate the effects of increasing regulations and demand volatility is by working with a third-party logistics (3PL) provider with a leveraged platform. When a 3PL provider utilizes a leveraged platform, it is employing […]
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Doing Business in China
Q: What do I need to know about doing business in China? A: Most companies today know why China is a great place for business for manufacturing, regional distribution, and domestic consumption. What companies may not know is that the logistics costs of doing business in China are quite high. China’s trade rules and regulations […]
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Opening a Dialogue on Freight Payment
Q: A recent report revealed that only 18 percent of shippers discuss best practices in freight payment processing with outside organizations. Were you surprised by that number? A: As a company that works hard to help our clients think strategically—and views payments as a strategic function of any company—we’d love to hear that shippers are […]
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Temporary Bills and Lack of Investment Threaten U.S. Infrastructure
Q: The House just passed a three-month highway bill. Will that impact infrastructure investment? A: On July 28, 2015, the House voted to approve a temporary $8-billion bill extending federal transportation funding until the end of October. They sent it to the Senate only two days before the nation’s road and transit spending would have […]
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Leveraged Platforms: The More Efficient Road Ahead
Q: What is a leveraged platform? A: A logistics services provider leverages its platform to employ the same best practices to manage its own supply chain needs as it does for its own client base of direct shippers. By augmenting their global scale with a vast network of local stations, these service providers are better […]
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Outsourcing to a Third-Party Logistics Provider
Q: From a shipping perspective, how can manufacturers best address today’s increasing regulations and demand volatility? A: Outsource your shipping to a third-party logistics (3PL) provider. The answer might sound a bit self-serving, but I believe most manufacturers would agree if they took the time to crunch the numbers. A 3PL is much more familiar […]
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How Non-Traditional Service Offerings Are Enhancing Supply Chains
Q: How do non-traditional supply chains differ from traditional supply chains? A: Traditionally, 3PL providers offered a specialized set of services focused around warehousing, order fulfillment, transportation and supply chain logistics. Today, several factors have driven 3PLs to non-traditional services that spread their influence further into the supply chain. Non-traditional supply chain services include various […]
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What “Digital Business” Means for your Business
Q: You recently attended your 11th Gartner Supply Chain Executive Summit. This year the key theme was Digital Business, a core ingredient for supply chain transformation success. What is Digital Business? A: Digital Business is a concept that encompasses the people, processes, and enabling technologies of the supply chain of the future. It all starts […]
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Demurrage and Detention Charges: Are They Equitable?
Q: Given recent port congestion, stoppages, and increasing vessel sizes, what impact does that have on the equitable assessment of demurrage and detention charges? A: It is the responsibility of the carriers and the ports to make cargo available to the shipper before there should be any consideration of beginning the free time clock and […]
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Benefits of Partial Truckload Shipping
Q: What is partial truckload? A: You hear a lot about less-than-truckload (LTL) and full truckload, but an often overlooked mode is partial truckload, or volume LTL. This mode has benefits shippers should consider when looking for faster transit times, less handling, and a more cost-effective solution. Logistics professionals begin to look at partial truckload […]
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Improving the Warehouse Startup Process
Q: What trends are you seeing with customers and their warehousing needs? A: We are seeing a larger number of existing and prospective customers looking for space in short time frames. They might be looking to outsource their warehousing at the end of an existing lease or they may have short-term warehousing needs. Customers do […]
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The Driver Shortage—Not Just a Carrier Issue
Q: The transportation industry’s nationwide driver shortage is getting worse. What is the cause? A: Tougher regulations, a lack of interest by younger workers, and the graying of today’s drivers are contributing to the driver shortage. The problem will continue to grow over the next several years—especially as freight volumes increase. Despite the fact that […]
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Choosing to Be a Shipper of Choice
Q: In the face of increasing capacity issues, rising equipment costs, and new regulations, carriers prefer to work with shippers that will support their business needs. How can companies become "Shippers of Choice"? A: In a word, it’s about partnerships. Q: Are there best practices for achieving this goal? A: Yes. Pre-planning helps carriers anticipate […]
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Strategic Shipping Solutions
Q: How is predictive modeling reshaping logistics? A: Predictive modeling is changing the dynamic that exists between the carrier and the shipper. It’s creating more of a collaborative environment, where the carrier and shipper can now talk openly about their goals with the transparency required to create and maintain a great relationship. The shipper now […]
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How to Forge Successful Value Chain Partnerships
Q: How can value chain partners cooperate to create and share efficiencies? A: With an unprecedented global reach, access to new markets, increased regulation, and huge advances in technology, today’s supply chain environment is more complex than ever. Coupled with increasing customer demands for speed, flexibility, cost efficiency, quality, and customization, it is very difficult […]
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Offshore vs. Outsource for Transportation & Logistics
Many transportation and logistics professionals hear outsourcing and think offshoring, but there is a big difference.
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Using Technology to Maximize Value Chain Partnerships
Q: How can value chain partners cooperate to create and share efficiencies? A: You just have to use your imagination and dig in. There are so many ways you can help your customers. You just need to ask and listen. Some third-party logistics (3PL) providers get deeply involved to provide technology so they stand out […]
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Improving Operations With a Yard Management System
Q: What is the role of a yard management system? A: Two main roles come to mind—visibility and communication. Today’s best systems offer visibility into basic information including the location, status, and contents of assets on the yard. They are also able to offer more detailed information including historical data, load detail down to the […]
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