In the rapidly advancing logistics industry, party logistics (PL) services are continuing to evolve. Many customers are still just becoming familiar with 4PL and 5PL as workable supply chain solutions – let me introduce 7PL. 7PL, like 4PL, is a management service but it can also incorporate 3PL services. So it is in essence theContinue reading “What is 7PL?”
At a time when international companies are focused on Supply Chain resilience and security the ‘six rights’ of procurement can play an important part. Procurement is a large part of any business and supply chain disruption can very quickly impact on the procurement operation of any business. What are the six rights? The six rights areContinue reading “The Six Rights in Procurement”
Inefficient shipping can increase your company’s costs and have a big impact on your company’s profit. Using freight consolidation services to streamline your logistics within your supply chain can give you big rewards. What is a consolidation service? A consolidation service combines all your company orders into one shipment for accurate and efficient shipping. ThereContinue reading “Shipping Consolidation services”
The coronavirus (COVID-19) pandemic has not only had, and continues to have, a terrible and tragic impact on life all around the world – its effects have also impacted and disrupted practically every industry and supply chain worldwide. At the start of the year as the pandemic grew, each country in turn implemented a protectiveContinue reading “How COVID-19 impacted airfreight rates”
Many people involved with logistics will have heard of the term ‘third party logistics’ or ‘3PL’ or ‘TPL’ but what are the others? There are actually several forms of ‘party logistics’ – here I will cover 1PL to 6PL and show how the systems integrate the supply chain. The more a company moves from 1PLContinue reading “1PL 2PL 3PL 4PL 5PL 6PL – The Advancement of Party Logistics”
Companies tell the future, or forecast, all the time when it comes to ordering stock. Forecasting is the system used to determine how much stock should be ordered.
Your market coverage decision can seriously impact your supply chain. This latest article outlines the main decisions and how they can affect your business.
Modern companies now are a complex network of people and departments. Information needs to flow back and forth between many departments for the company to operative effectively. Lets look at four of the main points you will need to follow to communicate effectively with your shipping and logistics department. Supply ALL the required information FullContinue reading “4 essential communication tips”