As the Holiday Season is upon us, we find ourselves reflecting on the past year and on those who have helped us shape our business.
FMi Logistics – Ground Sea Air International Forwarders Inc. (GSA) A STRATEGIC MERGER PROVIDING A FULL SUITE OF INTERNATIONAL FREIGHT MANAGEMENT SERVICES
FMi Logistics Incorporated, a Western Canadian based 3PL with core disciplines in Commercial Warehousing & North American Freight Management has acquired GSA International Forwarders – a Calgary-based International Freight Forwarder specializing in Ocean, Air and Ground transportation.
2015 was a year of momentum for the supply chain and logistics industry. There have been some key advances in innovation, technology, and acquisition, allowing for a more efficient and streamlined process chain. Looking forward, here are some key trends to look for in the supply chain industry for 2016.
Third-party logistics providers are an excellent resource and an integral part of the ultimate success of your growing business. A third-party logistics provider, also known as a 3PL, acts as your logistics partner to manage the process of warehousing and shipping product on your behalf. 3PL’s can help you to streamline your supply chain, meet your customer’s delivery expectations, and enhance your organization's financial performance.
The process of logistics is defined as “planning, implementing, and controlling the efficient, cost-effective flow of raw materials, in-process inventory, finished goods, and related information from the point of origin to the point of consumption”.
A Transportation Management System (TMS) is an integral part of any Supply Chain Management system or software that is focused on transport logistics. These TMS systems facilitate the various interactions between order management systems and their place of distribution, such as a warehouse or distribution facility.
The method of pick and pack distribution through a specialist provider is becoming an increasingly popular option. The reasons for this are multi-pronged: it provides a cost-effective, flexible, secure and efficient way of catering for the individual fulfillment needs of businesses, and their customers.
No two businesses are the same, and where contract warehousing may be the perfect solution for larger, well-established organizations, many smaller companies are looking towards multi-client (shared) warehousing to fulfill their individual requirements. Sharing warehouse space with other customers is a flexible and cost-effective method of storage, and provides a wide range of advantages.
Sometimes, a shipment is too large to send with a parcel service, like Canada post, but way too small to fill a standard truck trailer. In fact, the cost of this shipment as a parcel or truckload would be insanely high because it’s not ideal for either type of providers. In this case, LTL shipping is ideal.
Looking for better real-time material and inventory control? Struggling for ways to improve decision making and accountability? Looking for faster response times and higher profitability in your warehousing? There are ways to enhance your success in warehousing and ways that you should avoid. Today, we’ll look at a number of proven ways good warehousing practices benefit your bottom line.
As with all aspects of international trade, it’s prudent to do your research before choosing a Canadian international freight forwarder to look after the transportation of your goods. An international freight forwarder books or arranges space for shipments between countries via common carriers. Making these arrangements can be a complicated business, especially when shipping internationally over long distances.
Technology improvements are continuously changing how we work in warehouses. The largest significant improvement has taken place in the management of goods. Wireless scanners and the warehouse management system software have replaced manual entry. It’s a no-brainer that scanning is not only faster, but it also reduces manual entry errors.
Typically, a trucking freight broker acts as the liaison between a trucking company and an individual or company that needs shipping services. The role of truck freight brokers is essential to moving cargo to its final destination. One of the biggest advantages to using freight brokers is that they are often able to offer significant savings on each individual shipment.
The term order fulfillment refers to everything a company does between receiving an order from a customer and placing the product in the customer’s hands. Moreover, it refers to the way firms respond to customer orders, and the process they take to move products from those orders, to the customer. Order fulfillment processes vary widely.
Key performance indicators allow a business to assign measurable values to key functions in the business. This is especially critical for back-office functions, such as warehousing. Common warehouse KPIs include the number of returns processed, inventory turnover, employee turnover, and accuracy in both inventory and payables. Warehouse rental Vancouver solutions are important to your supply chain, and as such, the warehouse function should be measured to ensure you are achieving value.
Every transport mode has advantages and disadvantages. Road transport is unbeatable in the last mile due to the flexibility and availability. Rail and shipping achieve considerable savings in transport over long distances. Intermodal transportation combines the advantages of each mode and increases the overall efficiency of transport.
Outsourcing non-core competencies just makes sense. It provides you with more flexibility, expertise with no associated investment, and ultimately, a driver for your bottom line. Clearly, this is why outsourcing has now become a widely accepted practice across many industries. Of course, most companies understand why they should outsource, but less clear is what they need to outsource. Our advice is based on common sense – consider outsourcing if you focus a lot of time, energy, and money on an activity that is not your core competency.
One of the key components of logistical management is warehousing. This is also essential in managing storage and in the transportation of inventories.
When choosing a supply chain management services, it is very essential to consider the vendor’s approach towards people and processes.
You’ll have to find out if they incorporate methodology like lean or operational excellence in their service delivery. Also, you’ll have to satisfy yourself that the vendor is not adopting marketing gimmicks, and that they are committed to continuous improvement. It’s also important that they have an internal culture which proves this commitment.
One aspect of the supply chain which is often under-appreciated is logistics.
For the right product to move from point A to get to the right customer at point B at the appropriate time is the duty of effective logistics processes. It is, therefore, crucial for every business that produces products for their customers or other businesses to take care of the issue of logistics and supply chain efficiently.