Category: Supply Chain Management

Supply Chain Visibility

By Millennium Logistics 17 March, 2017

  Supply Chain Visibility refers to understanding what goes on between the start and end of a process. With supply chain visibility, companies can analyze data and evaluate suppliers, processes and prices.   As an example, you turn a faucet based on demand. Product then flows through a network of pipes, all uniting in one […]

Reduce Transportation Costs by Optimizing Your Last Mile Logistics

By Millennium Logistics 17 December, 2016

When materials and components routinely cross thousands of miles in their supply chain, it seems implausible that the last tiny stretch of home delivery could pose a challenge or even increase your companies bottom line. However, last mile logistics presents an opportunity for not only balancing customer satisfaction but also reducing your transportation costs. Depending on order volume, […]

How to be better prepared for Supply Chain Disruptions

By Millennium Logistics 17 November, 2016

Supply chain disruptions are not a problem isolated to a few unlucky companies – every business that uses a supply chain will experience a disruption at some point. It may be small enough to work around easily, but it can also be large enough to bring the normal momentum of business to a screeching halt.   […]

Benefits of Using a 4PL (4th Party Logistics) company

By Millennium Logistics 24 October, 2016

  Implementing a 4PL freight management system can bring clients many benefits including access to a uniform process via a transportation management system (TMS). Here are some of the other main advantages of using a 4PL company   Advantages of Outsourcing Logistics via 4PL Single point of contact Open-book management, full transparency Industry best practices […]

Controlling Supply Chain Costs

By Millennium Logistics 15 October, 2016

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 find cost savings.Here are some common places to look for cost savings which include warehouse […]