How to Be Efficient at Selling Logistics
Logistics services move materials into and out of a company. This can involve transportation, packaging, warehousing and security.
4 Steps to a Culture of Business Innovation
“If you have always done it that way, it is probably wrong.” – Charles Kettering As profound shifts take place in the modern workplace, entrepreneurs are finally recognizing that the traditional way isn’t always the best way.
From Risk to Trust: Why Businesses Need a Dedicated Freight Forwarder
In the complex global trade landscape, choosing a dedicated freight forwarder is a strategic investment in trust that helps mitigate risk and optimize the supply chain.
Competing With E-Commerce Giants
Despite the highly competitive environment, it is possible for small and mid-sized companies to compete with the e-commerce giants. It just takes creativity, a strong, optimized supply chain and, of course, exemplary customer service.
Marketing Plan for a Logistic Business
Logistics companies are responsible for transporting goods from point A to point B and are often tasked with managing the flow of a product from the time it leaves a manufacturing site, until it reaches the consumer.
Things to know about EVFTA Agreement in Vietnam
In addition to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the EVFTA Agreement is an important new generation of free trade agreement to which Vietnam is a party.
What is Logistics - Logistics definition and its importance in business?
What is Logistics? Logistics is part of the Supply Chain which includes the following stages: Planning, Implementing and Controlling the flow of goods and services as well as the information related to abovementioned flow.
What is Logistics industry? What will you learn from a Logistics degree?
What is Logistics industry? Logistics industry is the science of purchasing, manufacturing, and distributing raw materials and finished products to the right place, at the right time and with the right quantity. By military definition, the logistics also includes the movement of soldiers.
Top 10 largest seaports in Europe 2020
In addition to the three largest container ports in Europe, Rotterdam, Antwerp and Hamburg, many other large ports are also developing to form major gateways for European and global supply chains.
Assessing Your Provider’s Financial Stability
There's nothing worse than hiring a logistics provider or carrier, then having it file for bankruptcy or close shop the day before you have a huge shipment planned for a new customer.
Minimizing Supply Chain Risk
Lean concepts such as just-in-time, virtual inventory, supplier rationalization, and fewer distribution facilities reduce total supply chain costs. They also increase supply chain risk.
Preparing Your Supply Chain For Seasonal Peaks
Failing to secure efficient labor, sufficient warehouse space, and reliable carriers for seasonal peaks can wreak havoc on your supply chain.
Improving Supplier Compliance
Developing an effective supplier compliance program requires a well-defined plan. To achieve success quickly, it is crucial to initiate the plan with the right suppliers.
Cutting LTL Costs
Saving money on less-than-truckload (LTL) procurement is a laudable goal - except when operational problems eclipse savings gains. Shippers who prioritize securing the lowest price from carriers may actually end up paying more because of costs embedded in carrier expenses - resulting in problems such as service degradation and supply chain disruption.
Transloading to Maximize Cost Savings
Transloading offers a cost-effective way to bring ocean containers inland to distribution centers. By transferring cargo without sorting the contents for shipment to a single destination, transloading services can reduce total landed costs, and - when combined with value-added services such as palletizing and shrink-wrapping - reduce handling at the destination.
Controlling Transportation Insurance Costs
Developing rates for cargo in-transit insurance coverage is as much an art as a science. Underwriters consider the products shipped; susceptibility to loss and damage; number of shipments; trade lanes travelled; and transportation methods and modes. But insurance premiums are also driven by a firm's loss history. While some of these variables may be out of your control, you can take steps to help lower your insurance premiums.
Keeping Shipping Costs in Check
With fuel costs continually rising, and consumers demanding faster delivery - preferably for free - it is more important than ever for companies to control their shipping costs.
Gaining More From 3PL Relationships
Whether your third-party logistics (3PL) service provider is a niche player or a global behemoth, you can take steps to draw more value from the partnership.
Protecting Your Supply Chain Against Disruption
Most companies know supply chain vulnerability poses a threat to their operations, yet few perform analysis or plan strategies to minimize risk to the bottom line. Businesses can protect against disruptions by adding supply chain redundancy.
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