Five Proven Ways to Improve Your Warehouse Profitability

June 5, 2019

As the global economy grows ever more connected, opportunities for fast-acting warehouses, 3PLs, and distribution centers continue to expand. These opportunities for increased profitability also bring new challenges to our industry. Everything from growing customer expectations to fiercer levels of competition, warehouses must be able to meet these challenges head-on in order to drive more revenue.

Spotlight

Verst Group Logistics

Verst Group Logistics is a third-party logistics (3PL) company known for getting products to market faster, more efficiently, and more cost-effectively than most national or regional 3PL providers. Strategically headquartered in Northern Kentucky/Cincinnati, our family-owned supply-chain management firm specializes in fully integrated warehousing, logistics, transportation and packaging services for a wide range of consumer goods and manufacturing companies. We make our customers first with their customers by providing those fully integrated supply chain services that streamline the logistics process, shorten dock-to-stock time, and reduce waste.

OTHER WHITEPAPERS
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Need for due diligence in assessing supply chain substance

whitePaper | February 1, 2020

Demonstrating compliance for a variety of regulations and requirements can be a relatively challenging process. It usually begins with data collection, followed by a comparison against regulatory and industry requirements before companies conduct an assessment using comprehensive test and analytical protocols. However, substance regulations do not typically reference comprehensive and standardized testing protocols explicitly, which poses additional challenges and requirements for manufacturers and their downstream partners.

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How to Save Shipments & Money with IoT In-Transit Visibility

whitePaper | March 2, 2020

When expensive goods or materials go missing, it can cost your company a huge amount of money. There’s the cost of the goods themselves plus the cost of replacing them, the cost of delayed delivery, idled labor and more. The knock-on impact can be massive. Knowing where your shipments are and when they are going to reach their destination is critical information for logistics managers. In-transit shipment visibility gives organizations the ability to respond to supply chain disruption and reduce risks.

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IS YOUR LOGISTICS SOFTWARE READY FOR BREXIT?

whitePaper | January 12, 2020

By the end of October 2019, with or without an agreement, Brexit will have a major impact on crossborder shipping. Change is inevitable, so businesses should act now to ensure their shipping software solutions are up-to-date and prepared to manage the effects of Brexit. Businesses should start preparing by better understanding the specific nature and extent of the looming changes. By proactively addressing potential challenges to shipping operations brought on by Brexit and leveraging the latest global multi-carrier shipping software, businesses can work to ensure a smooth Brexit transition, provide a seamless customer experience, proficiently manage delays and keep costs in line with expectations.

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Optimizing Supply Chain Cost - Export and Import Logistics

whitePaper | February 6, 2020

India currently has cross border trade of US$ 844 billion comprising of exports of US$ 330 billion and imports of US$ 514 billion. India has set an ambitious target of 5% share in global exports (US$ 1 Trillion by 2025). Government of India’s policy initiatives such as ‘Make in India’ and the nation-wide implementation of GST system hold promise for improving India’s global competitiveness. Logistics industry would be a crucial enabler for achieving the envisioned growth potential - with better stakeholder coordination, enhanced infrastructure, improved operational efficiency and enhanced investments

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The ROI Behind Freight Visibility

whitePaper | January 25, 2020

Global supply chain visibility has become an extremely hot topic in recent years. In Descartes’ 2019 survey of transportation and logistics professionals, it was rated the 1 capability needed for successful transportation management. To improve financial and service KPIs, companies must have a way to view, analyze, and communicate multimodal and visibility data in real-time.

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Sustainability and Compliance in Supply Chains: SCRM Best Practices from Clariant

whitePaper | January 28, 2020

Supply chain risk management has never been more important—especially in industries where regulations are everchanging and sustainability is top of mind. The ability to effectively identify, track and mitigate risk is now becoming a huge competitive advantage for the world’s leading brands. A sufficient level of insight was once nearly impossible for companies to achieve using traditional methods of managing supply chain risk, but as you’ll learn from the example of Clariant, organizations can now successfully integrate technology into the process to better map, assess and mitigate global threats.

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Spotlight

Verst Group Logistics

Verst Group Logistics is a third-party logistics (3PL) company known for getting products to market faster, more efficiently, and more cost-effectively than most national or regional 3PL providers. Strategically headquartered in Northern Kentucky/Cincinnati, our family-owned supply-chain management firm specializes in fully integrated warehousing, logistics, transportation and packaging services for a wide range of consumer goods and manufacturing companies. We make our customers first with their customers by providing those fully integrated supply chain services that streamline the logistics process, shorten dock-to-stock time, and reduce waste.

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