At the heart of any successful shipping and forwarding service lies a successful warehouse management team. Warehouse management services can make or break companies and paint brands in a positive or negative light. Bad warehouse management impacts vendor reputation. It can affect the entire supply chain network. Understanding the value of good management practices and the chain reaction that bad warehouse management practices can cause will make it easier for team members and third-party partners to give warehouse service and management the attention it deserves. When warehouse management goes wrong, many problems can arise. Let's take a look at 7 of those issues that arise when there is bad warehouse management practices in place.
Topics: bad warehouse management
In an age of disruption, figuring out the best strategy for transportation procurement, whether full truckload freight or drayage, is complex at best. Today’s shippers have certainly endured their fair share of disruptions, including the pandemic, mother nature, semiconductor shortages, and many more. Disruptions are here to stay, and shippers still face the need for increasing their reach and maximizing throughput. Unfortunately, approaching transportation management from an in-house perspective limits the ability of shippers and gets away from shippers’ actual businesses.
Topics: Full Truckload Freight
When choosing a 3PL providers to work with, there are two options: asset-based 3PL companies and non-asset-based companies. By working with an asset-based 3PL company, it will be easier to access the assets that are available in-house. When considering the better return on investments, flexibility, and more reliable freight costs, it is best to look at what the shipper will need. Selecting an asset-based 3PL company will bring less hassle to the company and allow for a better solid foundation.
Topics: asset-based 3PL companies
Peak season seems to sneak up on supply chain professionals each year, but being ready with a hub and spoke distribution model will help navigate the ever-growing global demand. Utilizing intermodal shipping and omnimodal shipping, shippers can reach a more extensive network of customers without the price tag. In addition to the savings, this distribution model enhances more complicated shipping modes while optimizing route planning, boosting productivity, and improving customer service. Increasing demand means finding alternative shipping methods, and this distribution model can get companies from A to B more efficiently. Here are a few more benefits.
Topics: hub and spoke distribution
The state of landed transportation costs and the risk for detention, demurrage, and per diem charges depend on the balance between drayage truck turnaround, or turn times, and port activity. As explained by Michael Angell of JOC.com, a recent report found that US imports might be subject to detention and demurrage charges in excess of $2,500. That’s more than triple the global average and, depending on the port, the charges might vary significantly. And these detention charges in shipping increase with demand.
Topics: Detention Charges in Shipping
A key factor for any logistics operation is the average turnaround time. By definition, the average turnaround time is the duration it takes to complete the entire process of loading and delivering finished goods. That might include moving items from a port to an inland warehouse or storing them temporarily near a port. Having a short average turnaround time is an excellent advantage. It also helps transporters keep pace when trying to improve efficiency and execute international freight movements. Remember that the turnaround time is essential for getting containers from port to destination. It will be easier to achieve a quick turnaround time by leveraging shorter hauls, more deconsolidation, and safety-driven unloading/loading processes. Let’s take a closer look at why and how collective services with streamlined strategies for port-to-storage can help.
Topics: average turnaround time
Many aspects of the logistics industry must overcome supply chain hurdles with the help of partners like drayage companies. Challenges persist as shippers race for available capacity in a booming e-commerce world. Difficulties such as the trucking shortage across the United States or the chassis shortage at ports for drayage, force shippers to find new, innovative ways to snag their space for transit. Drayage companies are now adding value by providing supply chain continuity through warehouse assets and freight brokerage services so that once a container is drayed, if there is not truckload capacity immediately available, the drayage company can use its assets to store the goods or the container while the brokerage division looks for capacity. This approach is aiding in reducing total transportation costs, particularly per diem fees like detention and demurrage. Learn how the triad of drayage, brokerage, and warehouse assets are helping shippers find capacity and build resiliency in supply chains.
Topics: drayage companies
Warehouse management, transportation fulfillment, 3PL service, and drayage outsourcing represent critical areas within the supply chain network that require constant innovation. With the use of innovative technology, the newest examples of on-demand services and tools, the modern supply chain network can be more prepared than ever to handle the functions of the current market. Traditional third-party fulfillment solutions have long been a part of the supply chain and shipping service market. However, their role in warehouse operations, transportation, and drayage services continues to grow in scope and influence. According to Supply & Demand Chain Executive, 3PL service and drayage providers can help logistics managers with on-demand warehousing and inventory management and a host of other domestic and global shipping services.
Topics: 3PL Service
In the supply chain, having inventory visibility is a crucial factor for operational success. Advanced technology will help streamline efficiencies to drive overall improvements within the supply chains while simultaneously empowering businesses to expand. Total efficiency will be exceedingly reachable with technological advancement, acknowledging the benefits that will arise throughout numerous aspects. In any business, the superior outcome is to have a positive experience for the customer and excel in performance and customer growth through lulls and peak shipping season. To achieve inventory visibility and numerous other beneficial results for the supplier, advancement in technology is the best option.
Topics: inventory visibility
Increasing the efficiency of port logistics is a top concern for shipping managers and professionals in logistics. Dock efficiency depends on the balance between imports and drays to move freight to the next location and the visibility to recognize when turnaround time lengthens. The delays around the world have led to a dramatic increase in costs and trouble for drayage service providers. Even more troubling, The Wall Street Journal noted that the increased pressure has continued to grow worse in 2021: “the shipping delays that started building up late last year worsened during a normally slack period in shipping demand early in the year. They have tied up inventories in some cases for weeks at a time as vessels wait to reach berths while offloaded containers sit for long periods at packed freight terminals.” That precipitates a higher risk of demurrage charges, and now, it’s all hands on deck to bring truck turnaround time under control.
Topics: port logistics