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Displaying Search Results Category: Supply Chain

Protecting Your Supply Chain: Security and Risk Management

Security is extremely important for all businesses. Companies who do not take supply chain security seriously leave themselves vulnerable to potentially devastating attacks. Before we jump into the details, lets first define what supply chain security is. Supply chain security is a broad term that encompasses the efforts to reduce the risk of both external […]

Date: August 7, 2017 Author: Heather Palmer Category: Supply Chain

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Outsourcing Opportunities for Manufacturing SMEs

Outsourcing is used to put your company at a strategic advantage. Whether you’re a sales, service, or manufacturing business, outsourcing provides opportunities that allow you to focus on your core competencies. SMEs, or small and medium sized enterprises, have been utilizing outsourcing more and more in recent years. In our fast-paced, online economy, it’s simpler […]

Date: August 3, 2017 Author: Heather Palmer Category: 3PL | Supply Chain

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How Autonomous Trucking Will Affect the Trucking Industry

America’s first autonomous truck went for a drive October 2016 from Fort Collins to Colorado Springs. With a professional driver’s assistance navigating on and off the highway, this autonomous truck made the 120-mile journey safely and effectively. Those 120-miles opened up a road of rocky terrain with an intense uncertainty for the future of the […]

Date: August 1, 2017 Author: Heather Palmer Category: Supply Chain

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Hidden Dollars: How Supply Chain Analytics Create Value

As technology continues to improve our ability to gather data in near real-time, businesses are left with the task of figuring out how to leverage this data and apply it to intelligent business decisions. At times this can feel like an overwhelming task, with data coming in at faster rates and in higher volumes than […]

Date: July 28, 2017 Author: Heather Palmer Category: Reporting | Software | Supply Chain | Technology

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Mobile Technology and the Supply Chain

Devices such as smartphones and other handheld devices are reshaping the business landscape and transforming many current processes and operations. The standard smartphone in your pocket has more computing power than the computers used in the moon landings. Now many forward-thinking businesses are directing this power towards improving the efficiencies of their supply chains. Three […]

Date: July 25, 2017 Author: Andrew Gleason Category: Supply Chain | Technology

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Should You Use a Lean or Agile Supply Chain?

Supply and demand are no longer the only driving factor of the market. Consumer behaviors and economic movements are changing daily, so production and manufacturing are forced to find ways to keep up. Companies have been working tirelessly to determine the best supply chain models in today’s market. These chains need to look at both […]

Date: July 18, 2017 Author: Heather Palmer Category: Supply Chain

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Freight Audit and Payment Best Practices

Accurate and comprehensive data is the key to an organization’s success. Proper data enables a thorough analysis of systems and procedures within the business. This, in turn, leads to aligned strategic decisions that can boost the overall profitability and growth of the company. Thorough data, often found through auditing and analysis, helps answer the following […]

Date: July 10, 2017 Author: Heather Palmer Category: Freight Audit and Pay | Supply Chain

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How to Make Your Supply Chain More Agile

Every company who transports goods appreciates the need for agility within their supply chain. For those who don’t know, supply chain agility is the ability for a supply chain to respond effectively to unforeseen circumstances, whether it be environmental, economic, customer, competition, governmental, or a combination of all five. While most companies understand the need for […]

Date: July 7, 2017 Author: Andrew Gleason Category: 3PL | Supply Chain | Technology

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The Logistics of the Last Mile

The term last mile should perhaps have a trigger warning attached to it due to all the headaches it causes for supply chain managers. There is a large amount of uncertainty surrounding this term which can cause problems for even the strongest of supply chains. Many of you may be familiar with the convenience of […]

Date: June 30, 2017 Author: Andrew Gleason Category: Less Than Truckload | Supply Chain

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How the IoT (Internet of Things) Affects the Supply Chain

Although a fairly new term, IoT—or the Internet of Things—has become part of many of our individual lives over the last couple of years. Many of the things you use every day, like an activity tracker to count your steps or a Bluetooth enabled electric toothbrush, are all part of the IoT. What is the […]

Date: June 29, 2017 Author: Heather Palmer Category: Software | Supply Chain | Technology

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7 Ways to Avoid Freight Damage

Transporting freight is part of your business. But, to ship goods successfully and keep your customers happy you need to protect them from freight damage. Freight damage is not only a pain for you, but can cause significant losses to your company. The most noticeable loss to companies dealing with freight damage is that often […]

Date: June 22, 2017 Author: Heather Palmer Category: 3PL | Less Than Truckload | Supply Chain

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How You Could Benefit from Using Cloud-Based Freight Management Software

As any business who relies on freight transportation knows, managing it correctly can be the difference between happy customers and continued growth and logistical missteps that hinder progress and leave companies scrambling to keep up. But cloud-based freight management software provides a way to effectively manage freight to maximize operational efficiency. What is ‘The Cloud’? […]

Date: June 15, 2017 Author: Heather Palmer Category: Software | Supply Chain | Technology

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Green Shipping Practices in The Trucking Industry

The truck industry’s carbon footprint is tremendous. As you can imagine, thousands of trucks drive coast to coast daily using massive amounts of fuel and oil and emitting dangerous carbon dioxide and other pollutants into the air. Furthermore, packaging and fulfillment can cause a significant amount of waste that finds its way into landfills and […]

Date: June 13, 2017 Author: Heather Palmer Category: 3PL | Full Truckload | Less Than Truckload | Supply Chain

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Why Should You Outsource Technology to A 3PL?

Keeping your shipping technology in-house seems like a good idea on the surface. You feel you can have control over the system and it will directly relate to your company’s processes. Right? But if you’re a transportation manager, you’re likely wasting precious hours trying to keep technology updated, data consolidated, and tracking systems efficient—when you […]

Date: June 12, 2017 Author: Heather Palmer Category: Supply Chain

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What is the Impact of Big Data on the Supply Chain & Transportation Industries?

Whether you’re part of a business that’s already leapt into the world of Big Data or if you’re still in the process of learning how to use it to your advantage, there’s no denying that Big Data is here to stay and changing the landscape of the transportation industry and the way supply chains are […]

Date: May 31, 2017 Author: Heather Palmer Category: Automation | Reporting | Supply Chain | Technology

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5 Reasons You Should Have an Inbound Logistics Program

Managing your inbound logistics with an inbound logistics program can help ensure you’re getting cost-effective rates from vendors and that your warehouse and inventory is managed as efficiently as possible. As a shipper, chances are you have a far better grasp on the data surrounding your outbound freight than on inbound shipments from various vendors […]

Date: May 26, 2017 Author: Heather Palmer Category: Supply Chain

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5 Key Benefits of Working with a Freight Management Company

Have you considered working with a freight management company but haven’t yet given the idea the green light? Then these 5 business-boosting freight management benefits might just convince you. Let’s imagine a scenario for a moment, shall we? You’re in the middle of yet another busy week trying to maintain the efficiency and productivity of […]

Date: May 25, 2017 Author: Heather Palmer Category: 3PL | Supply Chain

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How To Choose And Work With A 3PL Partner

Third-party logistics (3PL) is expected to be worth over $935 billion worldwide by 2020, according to CIPS. This is likely driven by the progression in globalized shipments and the growing need to scale quickly and efficiently without sacrificing quality interactions. In fact, in 2016 75% of shippers reported that 3PL services have contributed to a […]

Date: May 24, 2017 Author: Heather Palmer Category: Supply Chain

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Lean Manufacturing and the Seven Deadly Wastes

In a dream world, every manufacturer would have the simplest yet most effective processes in place to make their Supply Chain as efficient and revenue driven as possible. This is the basis of Lean Manufacturing. Eliminate anything within your supply chain that is not driving revenue or adding value. In this article, we will discuss […]

Date: April 27, 2017 Author: Heather Palmer Category: Automation | Supply Chain

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Bill of Lading: What It Is and What You Need to Know

It seems that many shippers have a lot of questions about the Bill of Lading (BOL) document used when shipping freight. This document is essential for shippers and carriers alike, and even more important that the information is accurate. Here at LTX Solutions, we deal with all types of BOL’s, depending on our customer’s preferences […]

Date: April 5, 2017 Author: Heather Palmer Category: 3PL | Less Than Truckload | Supply Chain

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How to File a Freight Claim and Get the Full Amount

Previously on the LTX Blog, we discussed the basics of freight claims, the different types of coverage and types of claims that can be filed. Once you know exactly what type of damage/loss you have, it’s time to file your claim. When doing so, it is important to know all the expenses your company should […]

Date: March 8, 2017 Author: Heather Palmer Category: Supply Chain

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The Basics of Freight Claims: Liability, Insurance and All Types In-between

This post starts our series on all things freight claims. We will begin with the basics: what are freight claims, insurance, liability and the specific types of freight claims. Throughout the series, we will dig deeper into how to best file claims, and ensure you are getting the full amount you deserve. The fact of […]

Date: February 17, 2017 Author: Heather Palmer Category: Supply Chain

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Freight Audit: What You Need to Know

The LTL industry is growing tremendously and freight audit is becoming a necessity for all companies as technology continues to progress. The higher the shipment count is for a customer the more vulnerability the company has to larger billing discrepancies from their carrier pool. Unfortunately, from LTX’s extensive data analysis, most carrier billing errors do […]

Date: February 15, 2017 Author: Adam McDaniel Category: Freight Audit and Pay | Supply Chain

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How Freight Density Affects Your Supply Chain

Freight density is one of the most discussed topics in the freight world today as it becomes more and more important to carriers and shippers alike. This is primarily because in the past five years there has been a shift in how commodities are classified, adding density subgroups rather than simply set freight classifications. This […]

Date: February 10, 2017 Author: Heather Palmer Category: 3PL | Supply Chain | Technology

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Electronic Data Interchange (EDI): What it is and How it is Utilized in the Transportation Industry

Here at LTX, we have found that no two customers are exactly alike and to be able to best serve our customers we must be knowledgeable about every facet of our industry.  That includes understanding the ins and outs of technology solutions and their strengths, as well as, their limitations. In this series, we will […]

Date: Author: Andrew Gleason Category: Supply Chain

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Benefits That Come With Transportation Management Services

Many shippers handle all of their own freight management services, from calling in pick-up requests, to auditing and paying their own freight bills. In our last article we discussed all the LTL Freight Management Solutions that an experienced 3PL can provide your company, at nearly no cost to you. But at the end of the day, […]

Date: January 26, 2017 Author: Heather Palmer Category: 3PL | Freight Audit and Pay | Reporting | Supply Chain | Technology

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How Can Bad Weather Affect Your LTL Freight Shipments?

Changes in the weather are unpredictable and unavoidable, but severe weather can impact your LTL shipments and cause major disruptions in your supply chain.  Think major transportation delays and unusually high costs, which translates into delayed production, unhappy customers, and the inability to stay on budget. While you can’t change the weather, there are a […]

Date: January 10, 2017 Author: Heather Palmer Category: Less Than Truckload | Supply Chain

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LTL Freight Management Solutions: What an Experienced 3PL Can Do for You

Are you still wondering why so many shippers are partnering up with third-party freight management companies? It’s because, at the end of the day, partnering with a solid 3PL will always save you time and money. The advanced freight management solutions that they provide streamline processes, reduce overhead and increase efficiency in your supply chain. […]

Date: November 17, 2016 Author: Heather Palmer Category: Supply Chain

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Non-Asset Based 3PL vs. Asset Based 3PL: Which is Best for You?

When choosing a third-party logistics (3PL) company to work with on your supply chain needs, the first major decision is to know whether you want to work with an asset or non-asset based 3PL. These are two, very broad categories when it comes to logistics service providers. Once you have decided, you can narrow down […]

Date: November 14, 2016 Author: Heather Palmer Category: 3PL | Supply Chain | Technology

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How Big Data Analytics Can Improve Your Supply Chain

Big Data has been a hot topic for quite some time now in many industries. But how does big data relate to your supply chain, and more specifically the transportation portion? Ultimately, if you are looking to reduce your freight spend while still growing your business, you need big data. With the right data, anything […]

Date: November 7, 2016 Author: Heather Palmer Category: Supply Chain

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