How Freight Forwarding Can Increase Efficiencies

Freight ForwardingThe need for freight forwarding in the supply chain results from the complexities that often arise during the transportation of products, especially across borders. If you have goods to transport from point A to point B, a freight forwarder will find the best routes, specific couriers and even identify the most suitable mode of transport depending on your needs. They are knowledgeable and duly experienced at their work so will know how to handle technological, legal, social as well as political issues that may arise over the course of transportation.

Basically the freight forwarder handles the following activities:

  • Consolidating and distributing shipment
  • Processing necessary documentation
  • Selecting the most suiting means of transportation
  • Selecting the best routes for transportation
  • Acts as the intermediary in customs processes
  • Assumes control of parcels
  • Arranges for cargo insurance
  • Facilitates payments of parties involved

Continue reading

What is Third Party Logistics Management?

third party logistics managementWithin many companies, managers often find themselves overwhelmed with various areas of their business to manage all at once. From employees, finances, marketing strategies, contracts, customer expectations and more, often times inventory and supply chain management gets pushed aside and left at the bottom of the list. As a result, inefficiencies are left unfixed, and supply chain issues and logistics management is simply not tended to in the way it should be. After a period of time, business owners and managers realize their need for logistics assistance.

But typically, businesses are unsure of what exactly third party logistics management really is, what it entails, and how it can benefit the company’s bottom line. Throughout this blog post we will cover these common questions, and provide businesses with a better understanding of the overall benefits associated with third party logistics management. Continue reading

8 Industries that can Benefit from Third Party Logistics Services

third party logisticsThere are some industries in which the benefits of third party logistics services are quite obvious, and then there are those companies where the opportunities may not be quite so apparent.  We’ve compiled a list of some of the obvious and some of the not-so-obvious industries that can benefit from third party logistics services. Continue reading

Why You NEED Online Tracking & Visibility with 3PL 360

online shipment trackingThe ability to track your shipments puts you in control of your business. Since you are always updated on the status of the shipment, you can effectively make important business decisions in advance.  The receiver is traditionally also updated on the status of the shipment so he or she can make special arrangements to receive the consignment as soon as it arrives. Shipment tracking is the surest way of knowing how safe the consignment is. Continue reading

How to Reduce Logistics Costs

Logistics CostsLogistics (and the costs therein) is a necessary part of the productivity of your business. However, you should not simply accept your company’s logistics costs for what they are. You can greatly increase your bottom line by optimizing your company’s logistics costs. The best way that you can accomplish this goal without sacrificing the efficiency of your logistics operations is to source the benefits of a third party logistics provider (3PL). Continue reading

The Benefits of Vendor Audit and Payment Services

Vendor AuditAuditing reassures organizations regarding financial controls. Audited accounts guarantee you that access to financial documents at the vendor’s desk are tightly controlled. Every company wants its customer data secured; you want to make sure that the vendor is complying with contractual obligations. The need for exhaustive auditing becomes even greater considering the ever evolving quality control market. In the current industry, quality products are no longer a luxury, they are a necessity. Continue reading