Intelligent Solutions
Supply Chain Disruptions cause Inflation. Contrary to what some news media report, shortages and disruptions mean fewer items available for purchase , consumers are willing to pay more to obtain the item—as outlined in the economic principle of supply and demand. The result is higher prices due to demand-pull inflation. Inflation reflects the wide range rise…
To outsource e-fulfillment or not. That is the million-dollar question. There are many reasons why a company might decide to outsource its e-fulfillment. Some of these reasons are obvious other are not that obvious and many companies just do not pay attention to the benefits of outsourcing its fulfillment services. The Obvious reasons why you…
Digital Shipping refers to the use of block chain technology in logistic and supply chain. There are millions of shipping companies in the world. These companies are disconnected which means that there is a possibility that your shipment might be with any one of them and it will be very hard for you to track…
Logistics Impact on the economy has been so strong it ignited the economic growth and expansion from 2009- until now, which is the longest in history. Have you ever wondered we are expanding at a rate and why we are having such a run? Was it the Federal Reserve bank, The President’s economic policies, the…
Blockchain is a distributed ledger shared among many people in a network without an intermediary. The entries in the ledger cannot be modified. One Example of the use of such technology is crypto currency such as Bitcoin. When it comes to Supply Chain and logistics, Blockchains are becoming synonymous with transparency and visibility. The new…
The new trade wars and tariffs imposed by the US and China left many importers in the US looking for answers. Nobody wants to pay higher duties which translates into higher prices to the consumers. Which will result in consumers cutting down on their purchases. In general, blanket tariffs are counterproductive. Nobody benefits from such…
New 5G Wireless technology promises to make everything connected. The Next Generation 5G wireless will supercharge cell phones, but its real potential lies it potential to power everything electronic other than smart phones. The New technology with greatly influence a technology hungry field like Logistics. Right now, GPS is used to track trucking companies who…
Third party logistics Provides ( TPL Providers ) are companies that work with the owner of goods to outsource numerous components of it’s logistics to 3PL Providers that can perform the management function of the clients’ customs, inbound freight, distribution, warehousing, order fulfillment and outbound freight to the client’s customers . Why Do Companies Use…
TPL Companies , Third Party Logistics Companies , or 3PL companies face continuous and evolving challenges in order to keep up with demand. These days, many companies have outsourced their warehousing and distribution services to a 3PL Company. To differentiate themselves, 3PLs are working to provide value, innovative solutions and information to facilitate data-driven decisions. 3PLs…
TPL is an acronym for third party logistics. “Third–party logistics (abbreviated 3PL, or sometimes TPL) in logistics and supply chain management is a company’s use of third–party businesses to outsource elements of the company’s distribution and fulfillment services.” When looking to outsource all or part of a company’s logistics function it is important to look for a third party logistics provider with…
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