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.
Your business is growing, and so are the demands being placed on your transportation. You’ve made it this far with a creative use of spreadsheets, endless hours on the phone with dispatchers, drivers, and customers. Maybe you’ve started to notice that little details are starting to slip through the cracks, and you are not meeting your customers’ expectations. If it seems harder to stay on top of it all, maybe it’s time you considered implementing a Transportation Management System (TMS).
Here are some telltale signs that the time is right:
Whether you choose to implement a TMS yourself, or with the help of a 3PL or Managed Transportation Services partner, the team at GlobalTranz is ready to assist you. If future growth is part of your plan, and it undoubtedly is, there is never going to be a better time than right now to start seriously considering a TMS. Your future self will thank you.
Learn how you can manage your supply chain and logistics operations with advanced TMS technology. Call 866-275-1407 or get a demo.
How To Maximize the Value of Your Managed Transportation Services Partnership
Managed Transportation Services (MTS) are being increasingly embraced by shippers. While there are many articles and case studies extolling the reasons why shippers choose to implement an MTS partnership, there are few resources that share how shippers can partner with their MTS provider to get the most value out of the relationship.
According to Ross Spanier, GlobalTranz’s Sr. VP of Sales and Solutions, “I have seen firsthand how organizations that focus on the ‘how’ as much as the ‘why’ often experience greater success right out of the gate.”
What are some of the best practices that drive this success? Please read this article in Logistics Viewpoints to learn more.
How to Choose a 3PL That Will Meet Your Company’s Needs
As supply chain and logistics management have become more complex, large and small corporations turn to specialized 3PLs to help bridge these widening complexity gaps. Research from the past few years has revealed that up to 90 percent of companies find value in 3PLs for their access to capacity, technology and innovative ways to improve logistics effectiveness and drive customer service levels.
Additionally, says GlobalTranz’s Ross Spanier, C-level leaders looking to save on logistics and supply chain operations are realizing it’s more profitable for them to focus on improving their company’s competencies and outsource day-to-day logistics and transportation needs. But how do you find the right 3PL that meets your needs and what should you look for? Prior to your 3PL research, know exactly what you want with a logistics partner. Prioritize your essential needs before you go “shopping.” To get started, here are five factors to help you choose the right 3PL.
5 Factors to Consider When Choosing a 3PL
Connect with an expert to see how GlobalTranz fares against your 3PL checklist.
Tips for Selecting a Warehousing and Fulfillment Partner
Shippers know that competing in today’s business environment demands more agility than ever. Changing consumer demands are putting pressure on supply chains, triggering shippers to shift their approach to both warehousing and transportation. Rather than relying on full truckloads delivering into regional DC’s, shippers are relying on more frequent less-than-truckload (LTL) shipments, originating from a larger number of warehouses (or even retail locations) located as close to the consumer as possible.
This shift has caused ripples throughout the supply chain, driving changing expectations in the B2B space as well. Competition for customers is intense, transportation costs require constant vigilance, and growth is often hard-won. Even when you are winning, effectively managing and sustaining that growth is a real challenge.
Simply put, selecting your warehouse location(s), and a partner to help manage your warehousing and fulfillment needs, is one of the most important decisions you can make for sustaining the health of your business. Here are a few tips for selecting the right partner for your current needs- and your needs in the future.
To discuss your warehousing and fulfillment challenges with our expert team, contact GlobalTranz at email@example.com.
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 previous articles in the series, please click here.