The Logistical Lowdown

Compliments of your True Blue Logistics Crew

CFOs: How You Can Drive Cost Efficiency in the Logistics Function

Posted by Charlotte Larsen on 5/20/20 11:48 AM

Every company can use logistics to help scale its business and develop a unique competitive advantage. The effect logistics has on reaching these goals is something a Chief Financial Officer (CFO) is especially able to see and value, despite their minimal daily interaction with the function, because of their position within a company. Even though CFOs are more removed, they can still directly impact the cost efficiency in the logistics function.

A great example is how huge industry players like Amazon have been successful because of the investments they’ve made into their logistics infrastructure. These investments have allowed them to create a competitive advantage over other retailers which now places them in the position to compete against prior logistics partners they once heavily depended on. With input coming from the right financial perspective, logistics investments can be a huge enabler for other shippers in much the same way.

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Topics: Logistics

How 3PLs Help Shippers Find Better Spot Rates for Irregular Routes

Posted by Ryan Gilliland on 5/4/20 3:21 PM

In an ideal world, every one of a shipper’s loads would all be the same weight, have the same pickup times each day, and be between a very limited number of origin and destination pairs. Carriers love transporting this type of freight because it’s predictable. “Regular” lanes give carriers the ability to plan better, and as a result, earn consistent revenue and better manage their equipment and driver resources.

Ultimately this helps them manage their costs better, which can then lead to lower rates for their customers, too. Regular lanes also increase a carrier’s familiarity with the locations and products, which introduces more efficiency and better service to the entire logistics process.

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Topics: Transportation, Logistics

COVID-19 in the Supply Chain- What Shippers Should Know

Posted by Neil Hersh on 4/29/20 10:05 AM

As a mid-size trucking company that has been around for over 40 years, Keller has experienced our fair share of ups and downs in the industry. Through it all, we have been able to increase our diversification and expand our services for our customers. This diversification and expanded services have been critical in weathering the tough times. The current situation is unique in many ways and we all are affected, regardless of industry, and certainly some worse than others. With no real answers or experience on how a global pandemic will ultimately affect the supply chain in terms of longevity or what the “new normal” will look like, we can only share our experience with key patterns in uncertain financial times that diminish trucking capacity.

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Topics: Transportation, Logistics

How the Defense Production Act Could Impact Shippers

Posted by Aaron Keller on 4/21/20 3:30 PM

Our country is living in strange times, and it’s impacting how most industries operate. For some companies, the demand for their products and services have disappeared very quickly, such as travel-related businesses like airlines. In others, companies and employees are working harder than ever, such as in the healthcare space. 

President Trump recently invoked the Defense Production Act in response to the COVID-19 pandemic. This law, which was first engaged during the Korean War, essentially allows the federal government to regulate the private-sector to keep the production we need for battling COVID-19 (like ventilators, protective gear, or testing kits) moving. For certain manufacturers, it's temporarily changing what they do.

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Topics: Logistics

What's the definition of a 3PL?

Posted by Meredith Mickey on 10/8/18 2:27 PM


 

It seems when you ask 5 people to define a 3PL, you can get 5 different answers. Not only is this confusing to those of us that call ourselves a 3PL, it’s confusing to our customers as well. 

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Topics: 3PL, Logistics

6 Key Factors to Becoming A Shipper of Choice

Posted by Meredith Mickey on 5/18/18 2:32 PM


As the freight market continues to evolve and tighten, carriers can be more selective about the freight they accept. As a shipper, making your freight more favorable to carriers will ensure you have capacity when you need it most. 

By following payment terms, being flexible with delivery schedules, providing visibility to your carriers, being up front with expectations, providing driver amenities, and keeping the lines of communication open will make you a shipper of choice to your carriers and therefore, your freight is more likely to selected by a carrier when capacity gets tight.  

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Topics: Transportation, Logistics

Writing an RFP for a 3PL Provider

Posted by Meredith Mickey on 12/6/17 8:12 AM

Selecting a third party logistics provider can be a cumbersome task. Whether you're looking to outsource the logistics functions you currently handle yourself or you're hosting another bid process to replace or validate the current provider, it is a large undertaking with many variables. The market for third party logistics partners is changing rapidly with the innovations in technology both in the warehousing and transportation arena. Developing a Request For Proposal (RFP) for a 3PL partnership should not consist of the same tactics as shopping for transactional items; your 3PL selection should be strategic as it is a complex and valuable purchase that will ideally turn into a long-term professional partnership.

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Topics: 3PL, Logistics

Your Logistics Functions: Should They Stay or Should They Go?

Posted by Meredith Mickey on 10/18/17 7:25 AM

Outsourcing logistics functions can revolutionize your business and help you expand into new markets by managing every aspect of your supply chain needs giving you more time to focus on your core business.

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Topics: 3PL, Logistics

Lean On Me To Be Your Dedicated Contract Carrier

Posted by Meredith Mickey on 9/27/17 7:00 AM

 

In our prior blog post, It’s the Final Countdown to the ELD Mandate, we discussed the effects that the new regulation may have on the industry, focusing especially on shippers. Since the transportation/logistics/supply chain is not mutually exclusive, disruptions in one area of the chain can affect the entire process.

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Topics: Transportation, Logistics

The 6 C's of the 3PL Selection Process

Posted by Bryan Keller on 8/30/17 7:20 AM

 

I’ve often heard that a Procurement or Logistics Director’s least favorite part of his or her job is 3PL selection.  Why? 

It’s simple; selecting the wrong 3PL can cause repercussions throughout the supply chain, ultimately leading to delays or outright failures in getting product into the hands of consumers, impacting sales and profits. It is your life line and one that many people depend on; stockholders, employees, their families, your customers, and their families. A broken link in your supply chain could cause loss of sales due to lack of trust and downtime, not to mention the effect it can have on your business' cash flow. 

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Topics: 3PL, Warehousing, Logistics

Keller Logistics Group's industry experts share their thoughts on trends in the logistics industry. Subscribe to The Logistical Lowdown and have our latest blog post sent directly to your inbox, you'll never miss a post! 

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