Understanding how to calculate the landed cost of imported goods is essential for anyone involved in global trade Not understanding. or not taking all of the relevant costs into account will have a negative impact on the profitability of the products that you are importing. This guide will help you to understand: The definition of […]
Popular Posts
6 Essential Steps for Effectively Managing 3PL Relationships
Each year after I return from my Christmas / New Year break I spend the first couple of weeks getting myself organised for the year ahead. I use this time to plan how I am going to manage the numerous 3PL service providers that I am responsible for. This annual planning process is critical if you […]
5 Habits for Effectively Managing Meetings with 3PL Service Providers
This week we look at 5 Habits for Effectively Managing Meetings with your 3rd Party Logistics (3PL) Service Provider. Whilst meetings may not always be the best use of time in many situations they are however an essential element in the process of successfully managing 3rd party logistics service providers. As a logistics or supply chain manager […]
5 Key Performance Indicators for Monitoring 3PL Operations
In this article we look at 5 Key Performance Indicators (KPI) for managing your third party logistics (3PL) operations. Whilst there is a tendency to think that a lot of KPI are required to monitor an outsourced 3PL operation , the reality is that the following 5 are really all that are needed. Inbound receiving timeliness […]
5 Opportunities for Cost Reduction at your 3PL Warehouse
In this post we look at 5 opportunities for cost reduction at your 3rd Party Logistics (3PL) warehouse. When looking for ways to reduce costs at your 3PL first make sure you totally understand the way in which the costs are calculated and what actually drives the cost. After that take a look at each […]