If you have never worked with a 3PL (3rd party logistics) provider before, you may be unsure about how to go about finding and vetting one. There are significant benefits associated with 3PL warehouse services if you find the right partner. Following are various factors to consider when looking for a 3PL with which to partner. Why […]
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NewStream Enterprises, LLC began providing kitting and distribution services as part of a government/defense contract for a large, on and off highway original equipment manufacturer (OEM) in 2008. Over the past eleven years, NewStream has shown extensive capacity and flexibility, developed standards and technologies, and upheld quality metrics set forth by the OEM and the
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The Department of Defense has strict standards for contract packaging and warehousing. These requirements dictate everything from package markings to inspections and facility security. It makes perfect sense that there are clear directives for these environments, of course. We want to ensure that products that are stored for the military are secure, accounted for and
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As industries today continue to segment themselves into more well-defined niches, their needs become more specific as well. As a result, and not surprisingly, companies needing warehousing and storage assistance look for solutions tailored to the unique challenges of their industry. Outsourcing Warehousing Services Building a warehouse and hiring/training staff is a huge investment that
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Many corporations today understand the role logistics and supply chain management plays in successful business operations. Developing an optimized and well-executed logistics strategy requires the right expertise, infrastructure and human capital. With many businesses lacking these capabilities and focusing on core competencies, it’s no wonder they often look to outsource their needs to those specializing in logistics.
Just-in-time (JIT) delivery refers to a supply chain management strategy that coordinates supplier orders with production or delivery schedules. JIT delivery is intended to improve efficiencies and reduce costs. For example, a company that sells automotive parts but doesn’t manufacture them will only order a part from the manufacturer when a customer makes a purchase.
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Kitting is a process by which separate but related items are picked, packaged, and supplied together under one part number, providing the manufacturer with a list of benefits, both internal and external. The process is usually provided by a third party logistics (3PL) provider due to their knowledge and expertise with inventory accuracy and other
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Reducing fulfillment costs is a priority for most companies that are either creating a new fulfillment process or trying to improve upon a current system. If you’re looking for information on how much fulfillment will cost you, comparing costs of outsourcing or doing research on how to reduce fulfillment costs for your organization, this post
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Contract warehousing is an arrangement in which a partner warehouse agrees to receive, store and ship goods for a client. The contract dictates the terms of service and length of the agreement. The time-frame can vary from months to years and the fee structure can be fixed cost, costs-plus or a combination of the two.
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Do you need warehouse space? Every company’s storage and distribution requirements are different and determining how much warehouse space you need from your partners can be difficult. Since one of your main goals in finding a warehouse partner should be cost containment, it’s important that you get the right amount of space without overpaying. Reducing
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