Benefits of Establishing (SOP’s) Standard Operating Procedures
One of the best ways to create a stable company is by ensuring you have set standard operating procedures for your supply chain/warehousing. Not only will SOP's save you money. You will also create stability against employee turnover (essentially, creating [...]
Controlling Supply Chain Costs
To find reductions in supply chain costs, supply chain strategies have to align with customer expectations and business goals. Supply chain strategy gauges the cost-benefit trade-offs of operative components. Knowledge of your particular processes, requirements and needs is essential to [...]
Utilizing Technology in your Supply Chain
With Supply chains becoming increasing complex, the use of technology (through a transportation management system) to find more competitive rates, greater flexibility and enhancing operations has become vital to every supply chain looking to maintain a competitive edge. Successful 4PL [...]
Benefits of Standardizing Your Warehouse Processes
Today's warehouses are complex, with a mix of people, products, and equipment. With all three elements moving around at an alarming and sometimes frenzied pace. Step into a warehouse in today's environment and you will likely find Managers are more like [...]
4 Steps to Finding Cost Savings in Your Supply Chain
Here are four easy steps you can follow to create a leaner, more cost effective supply chain for your business. DATA COLLECTION– The first most crucial step is insuring you have the most effective TMS (Transportation Management Service) for your business [...]
Who Pays for Free Shipping?
"Free Shipping" is something you see advertised just about everywhere and something that seems more and more common each day. This has created a very competitive market, especially when smaller e-commerce merchandisers and traditional brick-and-mortar retailers have to compete with [...]
5 Questions You Should Ask When Selecting a 4PL
How do you choose the right fourth party logistics provider for your company? With so many options available, this task can seem overwhelming! To help with this process, Millennium Logistics Management has put together the following questions you should consider when talking [...]
5 Ways to Reduce Supply Chain Costs
In the supply chain industry, costs are unavoidable, it is simply part of the process. To maximize service at the lowest cost through process, technology and people, managed transportation service providers work to deliver transportation solutions. These solutions are an [...]
3 Signs Your Supply Chain is Inefficient
The design of an effective supply chain network is an essential part of any supplier's business strategy. All aspects of this design are important and must be monitored and adjusted at each and every opportunity to ensure an optimized [...]