Tag: WMS
Bank Reconciliation Statement: Definition, Purpose & Process
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Achieving excellence in logistics, one less error at a time
The best way to correct present and avoid future errors in the supply chain... Read more »
The post Achieving excellence in logistics, one less error at a time appeared first on Logistics Business® Magazine.
What Should You Look for in a Transportation Management System?
As the transportation sector becomes more layered and complex, transportation management solutions must respond in kind with more advanced in-app functionality and logistics planning. Most standalone transportation management systems are too limited to encapsulate the tiered complexity of an international, multi-segment supply chain, but technology that can integrate and converge transportation with other supply chain functions, such as order management, set the new industry standard.
What you look for in a transportation management system should vary depending on a variety of factors, including but not limited to:
- Distribution area (regional or global)
- Network size
- Existing operations for enterprise resource planning (ERP)
- Communications with in-house and/or 3PL Warehouse Management Systems (WMS)
- Multiple sourcing and distribution channels
- Product type and regulation and/or storage constraints
- Varying service level agreements (SLAs)
- Exception events
- Regional stability
Multi-Channel Distribution: 10 Tips to Drive Efficiency
As the line between web and traditional retail store fulfillment blurs, brands need to assess their fulfillment capabilities and those of their 3PL multi-channel distribution partners.
Consumers prefer to be channel agnostic. They want to complete a purchase and receive/return the product to and from any channel they choose. And they want the brands they buy from to align their businesses to make that happen.
Are brands there yet? Let’s say they’re evolving.
6 Critical Challenges in Returns Management and Reverse Logistics
Reverse logistics and returns management are deeply integrated processes that involve coordinating between multiple enterprises through a series of modalities, including, for example, planning, scheduling and dispatch, product inspections, and refurbishing. These efforts can become further compounded in the manufacturing sector, where product size, value, and portability, among other qualities, might carry specific logistical constraints.