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Logistics Expertise: The Ultimate “Killer App” 

As the logistics industry continues to plow millions of dollars into digital freight matching (DFM) technology that pairs shippers and carriers, there is a clear difference of approach between third-party logistics providers (3PLs) that seek to minimize the “human element” and those that embrace the combination of automation technology and teams of skilled logistics professionals. 

In the latest installment of the “High Tech, High Touch” series, FreightWaves writer Clarissa Hawes details how GlobalTranz is developing digital freight matching solutions that maximize automation and self-service capabilities to address the increasingly complex needs of enterprise-level shippers while continuing to support them with the expert assistance that only seasoned logistics professionals can provide. 

To read the full article, please visit FreightWaves.com. 

To read previous articles in the series, please click here. 

5 Questions to Ask Your DFM Provider 

Technology is at the forefront of the evolution of supply chain and logistics. Shippers, carriers, and logistics service providers must embrace automation and other technologies to reduce costs, increase productivity and improve compliance in order to achieve operative and competitive advantages. 

Digital Freight Matching (DFM) is one of the hottest buzzwords in logistics, but is it the right solution for your transportation needs? In this article in Logistics Management, GlobalTranz CTO Greg Carter offers five key issues for shippers to consider when evaluating a digital freight matching provider. 

 

Walmart Is Tightening OTIF Requirements. Can Suppliers Step Up Their Game?

Rachal (Snider) Jordan, GlobalTranz’s VP Customer Supply Chain, shared her thoughts with SupplyChainBrain regarding Walmart’s recent announcement that it is tightening its OTIF (On-Time/In-Full) requirements for suppliers:

“Changes in the manufacturing landscape, driven by customer demand for more product options, will complicate efforts to meet Walmart’s tougher OTIF standards. Manufacturers can no longer optimize their plants with large production runs. What’s more, the coming of e-commerce and the omnichannel is reducing the number of full pallets shipped in favor of small packages — all of which makes for a more complex supply chain. ‘For every 10 SKUS in a Walmart store,’ says Jordan, ‘the omnichannel wants 100.’”

“At the same time, shippers should be preparing to meet not only Walmart’s new OTIF standards, but even tougher ones in the years ahead. ‘They should imagine a 95-percent [minimum] throughout the industry within the next five years,’ Jordan says. ‘We’re already setting ourselves up for that expectation.’”

For additional insights, please click here to read the full article.

 

Benefits of a 3PL Go Beyond Saving Money on Transportation Costs

Shippers of all sizes are increasingly turning to Managed Transportation Services providers to help them reduce total landed costs, create standardization and visibility, and drive efficiencies. 

Iconex is the world’s leading provider of receipt and innovative label solutions for the retail, restaurant and banking industries. In 2017, Iconex acquired two companies and was seeking to fully integrate them with the core business. It became clear that in order to fully merge the businesses, Iconex would need to unify their approach to transportation and logistics. 

In this case study, Chris Cunnane, Senior Research Analyst at ARC Advisory Group, discusses Iconex’s logistics challenges with Kim Harper-Gage, Iconex’s Senior Vice President, Manufacturing and Supply Chain Operations. Iconex’s search for a logistics partner ultimately led them to GlobalTranz, and a Managed Transportation Services solution, including implementation of GlobalTranz’s custom TMS technology. 

To read the case study, please click here. 

 

Technology Helps LTL carriers Adapt to E-commerce

E-commerce is disrupting the entire supply chain and forcing shippers and LTL carriers to adjust their business plans, make different equipment choices and relocate distribution centers. Successfully doing these things, though, requires more visibility and access to data sets to see where the impacts are being felt. Using common software platforms or agnostic platforms to connect disparate transportation management systems (TMS) and participants throughout the supply chain, up to and including the trucking company, can help alleviate some of these issues. 

In the latest installment of the “High Tech, High Touch” series, FreightWaves writer Brian Straight details how 3PLs like GlobalTranz are able to leverage technology that connects various systems, bringing the retailer, supplier and carriers together in ways never before possible. The result is a seamless process that improves customer experience and lowers overall cost. 

To read the full article, please visit FreightWaves.com 

To read previous articles in the series, please click here

US/Mexico Border Closure: What Shippers Need to Know

In his latest salvo intended to end the immigration stalemate, President Trump has threatened to close the U.S./Mexico border completely, threatening to severely curtail or completely cease the estimated $1.7B worth of daily trade between the two nations. A dramatic action of this sort could trigger a variety of outcomes, from a drastic shortage of avocados to outright economic calamity. For shippers that rely on the free flow of cross-border commerce, being prepared for any possible scenario is not simply prudent- it could be the difference between the success or demise of their business.

Through our Monterrey, Mexico office, we have gained unique insights into the current state of cross-border shipping. Due to a shift of 750 Customs and Border Patrol officers and resources to other parts of the border, we are already seeing lengthy delays at border crossing points, particularly in El Paso, Laredo, Nogales, San Ysidro and Otay Mesa. Wait times from Ciudad Juarez, Chihuahua into El Paso have exceeded 10 hours, and have led to lines of waiting trucks as long as 10 miles.

These delays impact the #1 mode of cross-border shipping- over-the-road transportation. To put the volume in perspective, Laredo alone sees over 16,000 daily truck crossing and represents almost 50% of the total volume. Transportation delays are more than simply frustrating- they are costly to shippers in that they can result in noncompliance fines for late deliveries, and they deplete the available Hours of Service for carriers, resulting in a decrease in their productivity.

How can shippers mitigate the effects on their supply chain? According to David Henry, Regional Manager, Mexico for GlobalTranz, it is critical that shippers begin planning for any number of potential scenarios. “Shippers need to plan for the worst-case scenario: a closure of the border,” said Henry. “A border closure may halt not just truck shipments but rail shipments as well,” Henry continued. “Shippers that rely on cross-border transportation can take a page from the ocean and air importer’s playbook and should consider front-loading shipments of necessary goods and materials to prepare for a possible closure,” said Henry.

If a border closure does go into effect, shippers will also need to plan for continued disruptions when the border reopens. Shippers should assume that border crossings will remain slow and capacity will be constrained as a backlog of shipments slowly eases. “Communication is the key,” said Henry. Even though the border remains open, “shippers must work closely with their 3PLs and carriers to develop and implement contingency plans now. It’s better to have a plan and not need it than to need a plan and not have one.” To learn more, please contact mexico@globaltranz.com.

 

Leveraging Data and Technology to Close Supply Chain Capability Gaps

Today, more than ever, shippers of all kinds are being compelled to take a more strategic approach to their transportation and logistics.  

In this informative and wide-ranging podcast, hosted by Matt Stekier, Sr. Manager, Supply Chain & Operations Improvement at Plante Moran, Brian Winshall, Executive Vice President at GlobalTranz, discusses how food and beverage producers can partner with a Managed Transportation Services provider to leverage transformative technology and capture data to drive profitable growth. 

Also discussed: 

Listen to the podcast here. 

Freight Market Outlook: Buyer’s Market or a “Muddy Middle?”  

JOC.com recently published an assessment of the current state of the U.S. freight market (Declining volumes undercut US truckload rates, subscription required), soliciting insights and prognostication from shippers, carriers, analysts and 3PLs. 

“Currently, we’re in a relatively soft market,” said Rachal (Snider) Jordan, vice president of customer supply chain at third-party logistics company GlobalTranz. “At this point of the year, it shouldn’t be difficult [to find capacity]. But come June, once produce season kicks in, and the food and beverage industries start their ‘100 days of summer,’ that’s when it gets difficult.” 

Based in Detroit, Jordan said she sees automotive companies preparing for a downturn, but the freight economy “is still strong.” 

“Moving into the second quarter, I don’t see many customers slowing down,” she said. “We’re budgeting for another growth year. Freight has been strong since 2017. As far as we’re concerned, we’re not prepping for a downturn.” 

Read the full article here. 

 

Turning Big Data Into Lower Shipping Rates & Better Service

Shippers face two external factors that impact their costs, and traditionally they have had very little control over them – shipping rates and available capacity. Big data, though, is starting to change this. More companies are now using the millions of data points their supply chains are generating to improve their operational metrics, including shipping expense and asset utilization, to deliver better customer service and improved relations with carrier partners.  

In the latest installment of the “High Tech, High Touch” series, FreightWaves writer Brian Straight discusses the obvious- and not-so-obvious – benefits of predictive analytics for shippers and carriers, and how 3PLs can play an important role in transforming shipper and carrier data into actionable insights that drive operative and competitive advantages.  

To read the full article, please visit FreightWaves.com  

To read previous articles in the series, please click here