3-D PrintingRead More
3-D PrintingRead More
Today's consumers may be more demanding than ever. They know what they want, and moreover, they want it fast. Sometimes I wonder if they really need it that fast or is it simply the mindset of the new generation of consumer. In an extensive career in the expedited freight market I was surprised to find how many receivers were not in a hurry at all for the product that their suppliers spent triple the money to ship expedited. In fact, I rented a box truck and personally delivered a few skids to a major account after an unavoidable traffic accident sidelined the original truck. After a 5-hour white knuckle drive, I was told it would be a couple hours until they could unload me. Turned out, they were in no hurry at all. The takeaway from all this personal wisdom is to be certain of the consignees' requirements before panicking about production delays and transit times. When you’re sick you call a doctor, in a legal matter you consult a lawyer. The same expertise is just as beneficial when managing your supply chain. If you do not currently have a relationship with a 3PL, think about starting one. It's a tremendous resource, particularly in a time of need. If you do have a current 3PL relationship, here are some tips to make the best of that relationship.
Think Long-Term Commitment
Like in all relationships, when an organization and its 3PL both have committed to mutual success, challenges can be overcome and the relationship can blossom. Service failures are part of our business. When you consider the vast amount of freight that travels thousands of miles across this country every week one must expect it can’t all go right. The true measure of 3PL customer service is how we react to service failures. There are fire alarms daily. A short-term mindset only creates short-term solutions. Your 3PL is invested in the long-term success of your logistics operation, so you should be too. Work together to devise long-term strategies that will improve practices and result in mutual success.
KPI's; A Staple At Land Link Traffic Systems
Many years ago, the founder of Land-Link Traffic Systems Inc. stressed the following. “What does not get measured, does not get fixed”. It would be difficult, if not impossible, for any rational person to repudiate this thought-provoking statement and important underlying principle of business. Yet, many companies do just that. Most companies, in fact, do not have the proper measurements and KPIs in place necessary to drive intelligent business decisions and to serve as support to the policies that are relied upon to drive day to day business activities.
Do not be one of those companies. Land-Link can help you support your business and gain and maintain competitive advantage through effective performance measurements.
One of the largest owners of shopping mall real estate in the United States, Simon Property Group, has been talking to Amazon about transforming its anchor department stores into Amazon distribution hubs, according to the Wall Street Journal. This sounds like good news for Amazon, property owners and local tax and employment opportunities. But is there a downside?Read More
Much like personal relationships, the relationship between an organization and its third-party logistics provider requires effort from both parties to stay productive, healthy, and strong. A 3PL cannot expect to provide services without catering them specifically to their client’s needs, and an organization cannot expect to run their logistics operation hands-free. It takes communication and constant collaboration to run a smooth, successful supply chain and promote positive growth for the client’s business as a whole. It will take a long-term commitment from both parties to create a successful partnership.Read More
Supply chain professionals are looking forward to a much-deserved extended weekend during the Fourth of July holiday. However, CargoNet, an industry cargo security firm, reports that extended business closures can create an advantageous operating environment for cargo thieves. For the past five years, the firm has analyzed cargo theft data in the United States and Canada from July 1 to July 7and found 130 cargo theft events in 27 different states, with theft most common in Texas, California, and Florida.Read More
Topics: Third Party Logistics, Freight Bill Auditing, Intermodal Freight, Logistics Business, Maximizing Routing Efficiencies, Freight Bill Audit, 3D Printing, Logistics News, Industry Trends, Big Data
Limited 5G network deployments had begun in some markets in 2019, with widespread rollout expected to take place through the 2020s. The 5G wireless technology promises to accelerate data speeds, improve quality, and reduce latency in the world’s mobile networks all of which means higher performance than today’s broadband wired networks. “5G will be a game changer because it’s 100 times faster and will support 100 times more devices than current 4G networks,” according to the Cellular Telecommunications Industry Association. This week we take a look at the specific impact on the Logistics industry.Read More
Massive unemployment and a nearly desperate need to rebuild our infrastructure could entice the presidential administration to copy a plan designed by President Franklin D. Roosevelt in the 1930’s. The New Deal was a series of programs and projects instituted during the Great Depression by President Franklin D. Roosevelt that aimed to restore prosperity to Americans. When Roosevelt took office in 1933, he acted swiftly to stabilize the economy and provide jobs and relief to those who were suffering. Over the next eight years, the government instituted a series of experimental New Deal projects and programs, such as the CCC, the WPA, the TVA, the SEC and others. Roosevelt’s New Deal fundamentally and permanently changed the U.S. federal government by expanding its size and scope—especially its role in the economy. Although it took our entry into World War II to lift the U.S. economy out of the depression, the New Deal provided many jobs to willing Americans in a time of great need. While I don’t believe we’re in as bad a shape as the 1930’s we are faced with a jobs crisis. To add to the issue, the recent civil unrest has compounded many small businesses problems in getting re-opened.Read More
Let’s take a break from the Covid-9 effect on the Logistics industry. Things are slowing opening back up. Hopefully, the trend continues with no significant spikes in infection rates. That being said let’s look at some industry trends we should all be aware of this year.Read More
While health experts have expressed doubt of America's readiness to "open up" the economy, it is clear that elected representatives are putting the wheels in motion towards that end.Read More