We know that running a business can feel like a rollercoaster ride, especially when it comes to seasonality changes. Whether you’re gearing up for a booming holiday season or bracing for the summer slowdown, the key to success lies in demand planning and the right supply chain strategy. That’s where Taylor, your 3PL hero, steps in to make your supply chain journey smooth and profitable.
Understanding the Seasonal Shuffle
First things first, let’s talk about seasonality. It’s that regular ebb and flow in demand that can leave you spinning if you’re not prepared. Every industry faces these ups and downs, from the holiday shopping frenzy to back-to-school rushes and even summer slumps. How you handle them makes all the difference.
The Power of Demand Planning
Demand planning is like your secret weapon against the unpredictability of seasons. Here’s what it brings to the table:
Data Delights: It all starts with data. Analyzing historical sales figures, market trends, and outside factors is our way of peering into the future.
Forecasting Finesse: Armed with data, we forecast demand like pros. This isn’t just a guess; it’s about spotting patterns and trends to ensure you’ve got what your customers want when they want it.
Inventory Intelligence: Demand planning helps us keep your inventory levels just right—no more shelves crammed with excess stock or frantic last-minute restocking.
Teamwork: We believe in partnership. Collaboration between and continuous communication between our teams– ensures we all sing the same tune.
Scaling Your Supply Chain
Now, let’s talk about scaling operations. It’s the secret to mastering seasonal changes. Why Taylor 3PL, you ask? Here’s why:
Warehouse Wonders: Our flexible warehousing solutions are a godsend. Need to scale up for peak season? Easy peasy. And when demand subsides, you’re not tied to extra space.
Fulfillment Flourish: We’re fulfillment aficionados, ensuring orders are picked, packed, and shipped like clockwork, even during the busiest times.
Transportation Tricks: From route optimization to efficient shipping, our transportation expertise keeps your goods moving seamlessly.
Value-Added Services: Taylor continues beyond warehousing and transportation. We offer a range of value-added services like kitting, labeling, and quality checks to add extra shine to your products.
Growth Mode: As your business soars, Taylor scales with you. Need more space, a dedicated fulfillment center, or expanded value-added services? We’ve got you covered.
In the epic saga of supply chain management, Taylor is your ally. We’re here to help you conquer the unpredictable seas of seasonality, transform challenges into opportunities, and make your supply chain a source of strength.
Ready to embark on this adventure with Taylor by your side? Let’s chat and discover how we can elevate your supply chain to new heights.
Companies always look for ways to reduce costs and increase efficiency in today’s highly competitive global economy. To handle their supply chain needs, many companies outsource to third-party logistics providers (3PL).In addition to warehousing, order fulfillment, and transportation, 3PLs offer various services. The benefits of these services can be significant for companies, but they need to be appropriately considered before deciding to use any 3PL. To evaluate a 3PL provider, you should follow these ten steps.
Compare Costs
It is essential to compare the costs of their services to in-house operations as a first step. By doing this, you can determine whether 3PL’s services are cost-effective and if they provide value for money. Don’t forget to factor in additional costs such as setup, technology, and transportation fees.
Analyze On-Time Delivery Rates
An essential aspect of 3PL management is measuring on-time delivery rates. If the 3PL meets customer expectations, this will give you an idea of its reliability. On-time delivery rates are vital for companies that operate in industries where timeliness is critical.
Inventory Accuracy
Inventory accuracy is another important metric to look for in a 3PL provider. This will let you know how well the third-party logistics provider is managing your inventory and whether they can monitor stock levels. Since this can significantly contribute to errors and delays, measuring the 3PL’s capacity to track inventory in transit is also critical.
Customer Satisfaction
Numerous methods, including customer surveys, reviews, and feedback, can be used to gauge customer happiness. You can determine how well the 3PL is meeting consumer expectations by asking for a customer promoter score and referrals.
Return on Investment
Keeping track of your costs will provide insight into the amount of extra revenue your business obtains from the 3PL. In addition, analyzing the revenue generated by the 3PL and comparing it to the costs associated with their services will enable you to gain a more comprehensive understanding of your overall return on investment.
Results
Following the steps outlined above can help you evaluate a 3PL provider and see if they are providing value for the money. With the right metrics in place, you can make an informed decision about whether or not to continue working with them.
Bottom Line
?Selecting the right 3PL provider is an important decision that can significantly impact your company’s success. Evaluating a 3PL provider’s industry experience, technology and tools, services offered, customer service, pricing and agreements, security and compliance, scalability and flexibility, and reputation will help organizations meet their logistics needs and gain a competitive edge. As a result, you can make more informed decisions.
It’s essential to thoroughly research any 3PL provider before making a decision. This includes asking the right questions and conducting due diligence to verify vendor credentials and capabilities. By selecting a 3PL provider that best suits their needs, companies can improve the efficiency of their supply chain, reduce costs, and improve the customer experience. Questions or need to speak with an expert? Talk with Taylor!
The Safe Quality Food (SQF) Program is a Global Food Safety Initiative (GFSI) recognized food safety certification covering all stages of the food supply chain through industry-specific codes ranging from primary production to food manufacturing, distribution, food packaging, and retail.
What is the SQF Certification?
The Safe Quality Food (SQF) Program is a food safety and quality program for companies of all sizes, from large corporations to small, family-owned businesses. The certification is recognized by retailers, brand owners, and food service providers worldwide.
The program involves a set of rigorous food safety and quality codes designed to meet industry, customer, and regulatory requirements for all food supply chain sectors. This means from the farm to the retail stores. And the certification is recognized by the Global Food Safety Initiative.
Achieving SQF certification is a public statement of commitment to food safety. Because SQF is a set of strict “farm-to-fork” food safety quality codes and standards, achieving the certification lets food producers show their customers that their product meets the highest possible level of safety. It helps demonstrate that food safety and quality controls have been effectively implemented and validated in that facility and throughout the supply chain.
Benefits of SQF Certification
Although SQF certification is a strict process that requires organizations to adhere to stringent food safety and quality management standards, there are many advantages it comes with. Here are three essential benefits of SQF certification.
Product Safety
Cost Savings
Increased Efficiency
Cincinnati Food-Certified Warehousing Solutions
At Taylor, we want our clients to rest assured that our team handles and stores their products carefully. By obtaining the SQF certification, you can have confidence that we have a comprehensive food safety system to make it happen.
Our SQF food-grade warehouses have monitored security and undergo regular sanitation and pest control treatments to ensure a clean and stable environment following today’s regulatory compliance requirements.
As a business expands and you need to get products in new markets to more customers, there comes a time when it must determine whether to outsource its supply chain operations.
To meet customer demand, shippers turn to a third-party logistics (3PL) provider to do just that.
But not all 3PLs offer the same services and capabilities. For example, some just focus on transportation, and some just on fulfillment. But what about a full-service logistics provider that can do it all? Learn more about the functions of a full-service 3PL like Taylor.
1. Shipping and Receiving
Taylor helps companies with shipping and receiving; our brokerage team manages the shipping process from start to finish. As a technology-driven organization, our transportation management system (TMS) allows for managing carrier relations, freight data, and matrix reports for real-time visibility and increased transparency throughout the shipping process.
2. Transportation
As a multi-service 3PL that also handles transportation, we are responsible for transporting goods between locations, from manufacturer to fulfillment to any brick-and-mortar store, and even direct parcels to your doorstep. Because we have our in-house brokerage and local Cincinnati fleet, there’s no need to leverage another partner to complete any shipping needs.
In addition to transportation, warehousing, and distribution, several 3PLs like Taylor also provide a wide variety of value-added services, including eCommerce, pick & pack, kitting, custom labeling, manufacturing, Amazon prep services, and design. By outsourcing these services, business partners can focus on their core business.
Need a full-service 3PL partner?
Fill out the form below and a member of our team will reach out asap. Questions? Inbox us at info@taylorlog.com or call 513-771-1850
It takes a lot of bandwidth to operate a retail business. Whether you are an online retailer or run a brick-and-mortar business, you depend on the efficient movement of freight to maintain your operations. Logistics is the main component of any retail operation, from receiving inventory to shipping orders directly to customers. The amount of resources a retailer spends on operating its supply chain is unknown to most casual shoppers. This is an area where working with an experienced 3PL can be incredibly beneficial for any retailer.
What’s the Role of a 3PL?
There are multiple roles that today’s third-party logistics providers take on for their clients. For retailers specifically, they are essentially outsourced agent that takes care of numerous supply chain functions. Partnering with a 3PL allows a retailer to focus on driving sales, improving customer service, and other daily operations that help them increase sales and, thus, make more profits. Specifically, a 3PL can handle several specific logistics functions, including:
Scalable Services
A 3PL allows you to analyze your labor, transportation, and spacing needs depending on your business parameters. Businesses that focus more heavily on seasonal sales can benefit from this practice. You can always ramp up deliveries, warehouse space, and any other logistics a 3PL can provide when consumer demand dictates.
Cost-efficiency
Many companies assume that outsourcing to a third party by default means spending more on service fees. However, all the efforts of a 3PL will eventually save you money. Ultimately, the overall cost will be less than an in-house supply chain management. A 3PL is a one-stop shop for most of your supply chain needs. You do not have to invest in warehousing, technology, or a logistics team.
Bulk Shipping Rates
Shipping rates, especially spot rates, can fluctuate weekly depending on several outside sources, even daily in some cases. As a result, retail companies need stability in the market to ship their products. Bulk shipping rates help that happen. This is where 3PLs can help, especially since many retail companies need the negotiating power of a 3PL.
Distribution Network
3PLs have contacts throughout the country. If your business grows, a 3PL can offer additional resources from those within its network to assist that growth. At Taylor, we have a carrier network of 60,000+. With a carrier size that large, we can find you lanes and capacity to move your freight.
Each year, Robert Handfield, Ph.D. of North Carolina State University, predicts what’s in store for global commerce and supply chains for the next 365 days. While these predictions are perhaps not completely original, his takeaways and supporting evidence are worth considering. Please see the full article from NCSU here.
Inflation will persist.Jason Miller from Michigan State is an expert at navigating the many different publicly available government database, and interpreting the tea leaves. He writes a weekly blog on Linked In which I follow religiously. He is the most accurate forecaster I know, because unlike many speculators and economists, his observations are based on actual data! He believes that inflation isn’t going to go down going into 2023 – but will persist. He writes that“While it is good news that we are starting to see the inflation of goods slow down, I would caution anyone who expects goods to go through a deflationary cycle that the data (to me) isn’t pointing in this direction to a meaningful degree. Data below from three series from the BLS PPI program obtained from FRED (with call codes after the labels), all set such that 100 = January 2019. Implication: the best-case scenario I see for the price of finished goods is that their prices stay relatively unchanged from the 3rd quarter of 2022….we are going to see meaningful deflation in finished goods prices as we move into 2023, which will in turn impact PCE price index that the Fed monitors for consumer inflation.” Unfortunately, this also means that the Fed will likely keep interest rates high through much of 2023 – and will likely increase rates again in February and June. Inflation is indeed going down slowly– but not as fast as the markets would like.
Inventory will remain bloated for the first half of 2023, – and supplier relationships will be tested. Here again, my prior blog notes how much inventory we have in supply chains today – and how certain parties are pushing back their excessive demand forecasts, and punishing their suppliers. For instance, a large apparel brand requested about 20 of their largest textile mills (many in Pakistan, Singapore, China, and other regions) to travel all the way to San Francisco for a “Vendor Summit”. They then sequestered each individual in a room, and two individuals came in and told them that they needed to reduce their prices by 20%. Walmart is moving their vendors from FOB (Free on Board) to domestic buying, and the shift is happening fast. Walmart will pay more for domestic sources, but will not be burdened with the inventory and purchasing FOB. They are also canceling orders, decreasing quantities, and deducting off invoices, which they claim as “chargebacks” for “late deliveries”, from shipments which were received as late as last year. These kinds of behaviors by buyers will come back to bite them in the future…
Despite having more inventory – we won’t stop having shortages. Unfortunately, a lot of the bloated inventory is stuff that consumers don’t want – or can’t afford. But that doesn’t mean we will stop having shortages of critical materials. One reason for this is that the COVID crisis in China is escalating to incredible levels, and that is shutting down a lot of manufacturing hubs. In particular, a lot of maintenance parts for equipment, replacement parts for appliances, automobiles, and larger (>48 nm) chips are still produced in Asia – and we will continue to see shortages of these component parts. That means that repair may take longer than you think. Labor and material shortages for factories are going down – but still are at a much higher rate than they were in 2019.
Mexico will become a destination hub for many companies in the US – but within reason. As I noted in a prior blog, and as discussed in the New York Times today – Mexico is a great option – but the capacity isn’t there yet. More importantly, the supply chain isn’t there yet! I spoke to a CPO who mentioned that his CEO was a big proponent of bringing all supply to Mexico – but despite this fact, we are still largely dependent on China for raw materials! As pointed out in the NY Times – even apparel manufacturing in Mexico is largely dependent on fabric produced entirely in China! As such, it is unlikely we are going to lose our dependence on Chinese products. Price is still the determining factor here. Chinese manufacturing is of such scale, that moving it to the US or Mexico is unlikely.
The US Government will play more of a role in promoting domestic supply chains. Not only did the US government, pass the CHIPS Act – but they are actively promoting the domestic production of semiconductors.As noted in one of my blogs, however, producing a fab plant is a good step – but the supply chain for chips is still largely in Taiwan. There is massive flux in the chip industry – which seems to be on a different cycle than most demand cycles. What was once a one year backlog has shrunk and chips are now readily available – to the point where semiconductor companies are cutting back on capital investment! This will continue to be a real problem – and I believe we will see “capacity as a service” models begin to emerge in the chip sector – where buyers will reserve capacity based on actual forecasts, not guesses or bets on what they think they will need next year. This will stabilize production – and lead to improved availability and assurance of supply.
Healthcare supply chains will remain strained. Despite having a lot more PPE in warehouses, hospitals are still struggling with a lot of shortages. Jim Wilson, an expert in medical intelligence, advocates that hospital monitoring programs is a critical area of government investment. One area is generic drugs – such as amoxycillin. We wll have shortages of baby formula as well. For this reason, I believe the government should be creating incentives to increasingly healthcare supply chain. To address this issue, one recommendation I am advocating would be to create government industrial policies that are targeted at supporting a domestic “stop gap” manufacturing capability. Secondly, partnerships should be developed with distributors to enable visibility into their inventory systems, and ensure they enter contracts which set aside inventory for government allocation under different conditions of duress. This will require a set of common data standards and a common architecture to create a dashboard and control tower. In addition, a multi-agency materials inventory portfolio based on in-depth supply market analysis is needed. At a minimum, this should include specialists in the following categories: semiconductors, precious metals, electric vehicle batteries, medical supplies (PPE, gowns, gloves), medical devices, pharmaceuticals, plastics and resins, medical equipment, biologics, healthcare personnel, and respiratory products. This will require team of supply market analysts with special knowledge of these categories, that track the condition of critical supply markets for medical supplies, the supply risks within those markets, and acquisition strategies to manage the risks. Multi-tier supply chain mapping can provide clues as to critical points of risk that can “shut down” the US healthcare sector, based on multiple forms of risk assessment.
Growth in 2023 will be positive – but lean. As noted in a lecture by the Economist which I attended, the greatest risks looming ahead are concentrated in 2023. Next year will see some positive growth but only 1.7%, reflecting slowing growth in the US in China and recession in Europe. Global monetary tightening will take some time to kick in – likely in the second half of 2023. The US will likely see only 0.5% growth in 2023, the EU 0.4%, which in turn will impact other regions of the world. China will likely see a modest rebound after the 2022 slump, moving to only 5% growth. However, there are always risks that will move the needle, including the escalation of the Ukraine war, more COVID-19 variants, spikes in energy prices, and sovereign debt pile-ups.
Government regulation of Artificial Intelligence will increase. As I noted in a blog of a recent SAS INNOVATE conference, Henry Kissinger described AI as the new frontier of arms control during a forum at Washington National Cathedral on Nov. 16. If leading powers don’t find ways to limit AI’s reach, he said, “it is simply a mad race for some catastrophe.” The former secretary of state cautioned that AI systems could transform warfare just as they have chess or other games of strategy — because they are capable of making moves that no human would consider but that have devastatingly effective consequences. This is true not just in warfare, but also in supply chains. As we move towards a digital future where we increasingly will be ceding control to machines who call the shots, not humans, what are the risks of doing so? Increasingly, more and more data is being stuffed into the cloud, which certainly allows us access to more readily access reams of data which can be processed by algorithms for decision-making. We have to be able to trust these algorithms to make the right decisions. But driving towards AI standards to increase trustworthiness is easier said than done. The UK has also begun pursuing this goal, as has the EU, who are likely to explicitly define AI and how to use it. The government will begin to mandate a more comprehensive approach, which spans the entire organization. Three primary elements determine the fiduciary responsibility for trustworthy AI: Duty of Care, the Business Judgement rule, and Duty of Compliance Oversight. These pillars are required to understand the historical biases that so often find their way into AI algorithms, which have created historical injustices and inequities, meaning that the government is surely going to step in.
Electric vehicle parts will remain in short supply.In a recent blog, I noted how there is still a massive shortage of the so-called “green metals” required to meet the burgeoning demand for EV’s. Environmentalists and automotive companies have committed to converting all of their vehicles to electric power. GM has committed to 30 new electric vehicles by 2025. Ford is committing to an all-electric vehicle platform with zero emissions by 2035. But nobody is talking about the supply chain for these vehicles, and the capacity required to build them. Converting an entire supply base of automotive suppliers, who are all focused on building of combustion engine-powered vehicles, and moving them all to electric vehicles, will be a superhuman feat. What will happen to those manufacturers that can’t or won’t convert? They go out of business? And is there enough capacity to produce the new types of vehicles? And what raw materials are required to convert to EV in the future? I don’t think executives have really given any meaningful thought to the answers to these questions yet… I predict a rough road ahead for EV’s. Perhaps I’m a voice in the wilderness – except maybe for Toyota – they have the same doubts as I do.
Demand for supply chain graduates will go through the roof in the next two years. To summarize – global supply chains remain fragile – and we are in a period where things are starting to change. Supply chains will look very different in two or three years from what they are today.
Seasonal inventory refers to products that sell at a higher velocity during particular times of the year. For example, most companies experience an influx in seasonal demand during the holiday season, and many may stock holiday-specific SKUs that they don’t sell year-round. Other brands may experience seasonal spikes according to changes in weather, sports seasons, or secondary holidays such as Valentine’s Day or Mother’s Day.
Take advantage of peaks in demand
Forecasting for seasonal variances will ensure you have sufficient levels of stock available to take advantage of increases in product demand at peak times of the year. If you rely on your busy seasons to make the most of your money, you must be on top of your game and ensure optimum product availability.
Prevent excess stock levels
Equally, it’s important that you don’t want to over-forecast for seasonal demand fluctuations. Investing too much money in inventory can lead to cash flow problems and an unhealthy balance sheet. If you have excess stock at the end of a season, you face the dilemma of selling it off at a discounted rate or taking on the burden of inflated carrying costs until demand picks up again.
Seasonal methods for managing inventory
There are five primary methods for managing inventory, and any of them could be appropriate for managing seasonal inventory, depending on SKU profile, sales velocity, and current business operations.
First in First Out (FIFO): The FIFO inventory method works by using the oldest inventory (first in) to fulfill orders first (first out). The FIFO method is appropriate for perishable and highly seasonal products and can increase margins on items that experience price hikes during times of high seasonal demand.
Last in First Out (LIFO): The LIFO inventory method uses the newest inventory (last in) to fulfill orders first (first out). The LIFO method can be used to quickly recoup expenses on products acquired at a premium seasonal price, either at the raw materials level or as finished goods.
Just in Time (JIT): The JIT inventory method is the method most commonly used by SMB’s because it requires the least intensive demand forecasting. JIT supply chains are replenished on an as needed basis. They are a high-risk supply chain management strategy and can reward merchants with increased capital on hand. Still, as we’ve seen with recent supply chain disruptions, they can also leave merchants with empty shelves when seasonal demand hits.
Economic Order Quantity (EOQ): The EOQ method determines ideal inventory levels using three metrics: customer demand, acquisition cost, and holding cost. The EOQ method can drastically cut inventory carry costs but requires advanced demand forecasting models supported by a lengthy sales history.
ABC Analysis: An ABC analysis prioritizes SKUs by lumping them into three categories: A — high-value products with a low contribution margin, B — mid-value products selling at a mid-range velocity, C — high-velocity products with a low margin. An ABC analysis helps merchants prioritize the SKUs that ultimately drive their business’s profitability and may prompt them to reconsider their product profile entirely.
How are You Managing Seasonal Demand Forecasting?
Are you looking for a strategy that can help you improve your seasonal demand forecasting? #TeamTaylor can help. Contact us today to learn more about our data-driven warehousing and fulfillment services.
It’s that time of the year again when shoppers decide what gifts to buy, and merchants prepare for the busiest time of the year. However, to have a successful holiday season, consumers and eCommerce businesses must be aware of the 2022 holiday shipping deadlines.
Holiday shipping deadlines are a vital tool to help merchants manage customer expectations and minimize poor customer experiences resulting from late delivery. In this post, you’ll find the 2022 holiday shipping deadlines for USPS, FedEx, and UPS – along with some other pearls of wisdom for managing holiday shipping.
USPS Shipping Deadlines
UPS Shipping Deadlines
FedEx Shipping Deadlines
What Merchants Need to Keep in Mind for the 2022 Holiday Shipping Season
Holiday shopping will begin earlier
Thanks to worries about more price increases and the need to spread out holiday spending, consumers are starting their gift-buying earlier than ever before.
According to 4Over’s recent survey, 73% of consumers are expecting additional price hikes during the holiday season. As a result, 31% say they plan to start their holiday shopping in early November, while 23% plan to buy gifts as soon as possible.
Naturally, this has a big impact on what proportion of orders are going to be placed at what time. So while earlier shopping means fewer orders will come close to shipping cutoff dates, there are still the laggards to watch out for.
The home of the greatest quarterback ever, Joe Burrow, is also the ideal place to store and distribute your products – that’s right, Cincinnati, Ohio. Why? Great question here’s a few key selling points:
Cincinnati is 24 hours from 70% of the United States population, so getting your products quickly and efficiently to the consumer will never be an issue. If you are doing a lot of eCommerce, look no further, as transit times for parcels are the best in the country in Cincinnati.
The Cincinnati region boasts the largest inland port in the country and the 14th largest in the country by cargo volume. Products coming into the Cincinnati rails? If so, we have a dedicated Cincinnati drayage team ready to assist.
So now, with the ideal location for warehousing, distribution, eCommerce, and transportation, you need a team. That’s where we come in; not only are we positioned in the most marvelous city ever, but we have the solutions for your business. Talk with our team today. Fill out the form below and a member of #TeamTaylor will reach out in no time.
With pumpkin spice season creeping upon us, many shippers and retailers are already deep into holiday logistical planning. Unfortunately, supply chain disruptions have felt like the movie “Groundhog Day” with the main character’s alarm clock representing the latest unexpected challenge. Since early 2020, many companies have struggled to keep products in stock and fulfill orders promptly. As forward-thinking brands look toward the fast-approaching 2022 holiday shopping season, it appears disruptions will again take a starring role.
Preparing for the Holiday Rush
Stock up on Holiday Inventory
According to Adobe Analytics, out-of-stock messages have increased by 172% since January 2020. Lack of stock is a surefire way to turn off customers and make them look elsewhere. Throughout the holidays, ensure that you have adequate supplies of your best-sellers and coordinate often with your partners. Additionally, logistics operations may experience delays during this period, due to the influx of many moving orders. When the shopping surge starts, it’s better to replenish your inventory early, so you can get those orders moving as soon as possible. Avoid long wait times and prevent customers from getting frustrated when they learn their preferred gift is out-of-stock.
Create a Redundancy Plan
There’s nothing worse than a package not reaching its final destination on time, especially during the holidays. So create a backup shipping plan to ensure your products are delivered on time. Like last year, some carriers will have trouble getting your packages out quickly and to your customers on time during this holiday season. To ensure packages get to customers during a surge, it’s advisable to have a relationship with a backup carrier. You never know where or when issues will arise. If you can quickly shift from one carrier to another in the event of any problems, you and your customers will be happy.
Increase Real-Time Network Visibility and Predictability
In today’s dynamic retail supply chain, visibility and predictability are crucial. The most advanced customer portals for shippers can process thousands of data points within seconds, allowing them to offer business intelligence and predictive analytics to help avoid delays. As a result, shippers can gain a rapid understanding of changing transit times that are imperative in calculating dynamic lead times to be used in near-term order cycle management. Taylor provides their customers with a custom portal for real-time visibility for proactive decision-making.
The Time to Plan is Now – Partner with a 3PL Today
The best way to prepare is to start early and proactively address any shortcomings that could impact consumers. Some brands have already started placing orders to build up inventory in anticipation of the holiday rush. By prioritizing a holiday logistics strategy and dedicating time and energy to optimize related processes, brands can break out of the “Groundhog Day” loop to achieve sales goals and exceed customer expectations this holiday season. Leave the logistics to us and focus on your core business – partner with #TeamTaylor today.
Last week, our Bellevue team underwent a Safe Quality Foods (SQF) audit scoring an outstanding 98%. This is an exceptional accomplishment, as we continually strive for the highest standard in food safety for our business partners. A special kudos to the entire Bellevue team. We will be adding yet another championship banner!
What is SQF?
The Safe Quality Food (SQF) Program is a rigorous and credible food safety and quality program recognized by retailers, brand owners, and food service providers worldwide. Recognized by the Global Food Safety Initiative (GFSI), the SQF family of food safety and quality codes are designed to meet industry, customer, and regulatory requirements for all food supply chain sectors – from the farm to retail stores. This rigorous farm-to-fork food safety and quality certification also help food producers assure their buyers that their food products meet the highest possible global food safety standards.
Why is SQF important for your brand?
This farm-to-fork food safety and quality certification helps food producers assure their buyers that food products have been grown, processed, prepared, and handled according to the highest possible global food safety standards. It can immediately improve your standing in the eyes of new partners and deals. For everyone at Taylor, this achievement is an excellent validation of our hard work and our team’s commitment to safe food operations. For you, it means increased protection in the event of recalls, improved operational efficiencies in our work together, managed risks, and peace of mind with certified due diligence.
Startup CPG has curated the first list of warehouse and 3PL fulfillment providers just for CPG companies (created and crowdsourced by Startup CPG members). Startup CPG previously released a list of 3PLs focused on DTC fulfillment in August 2020, and this new list replaces that resource with expanded options for B2B fulfillment and storage-only options. We are honored to be included in this incredible resource for growing + emerging brands!
As a third-party logistics (3PL) company, we are here to help your business. We consider ourselves an extension of your team, a partner. As you grow and evolve, we grow and evolve right alongside you. From expanding your brand from retail to offering direct-to-consumer fulfillment to drayage and port services, we’ve got you covered. Discover more about #TeamTaylor by clicking the below links.
Cross docking is the transfer of inbound goods to an outbound carrier through the use of a cross docking facility – that is, a temporary storage terminal that cuts out or reduces the need for inventory storage. All incoming goods are sorted and loaded onto outbound trucks as quickly as possible – often immediately.
It’s trending!
The cross docking market is growing yet again! Globally it’s expected to reach US$342 billion by 2030 at a CAGR of around 6%. This growth is fueled by increasing consumer expectations for delivery times, putting pressure on the supply chain through the ‘need for speed’.
Cross docking benefits
Reduced costs, particularly any costs associated with long-term inventory storage and associated facilities, labor and utilities
Improved stock turnover, as the goal of cross docking is to get goods in and out as efficiently as possible
Minimized risk, given there’s reduced handling of goods and no long-term storage that could increase the chance of spoilage
There are several marketplaces for eCommerce sellers, but one of the largest in the game is Shopify. Why has Shopify snowballed? Its bulletproof no-code design allows sellers to set up a store, sell, accept payment, manage inventory, showcase product pages, and connect with partners.
Are you using Shopify and looking to transition your fulfillment to a third-party logistics provider? Yes, it might sound a bit intimidating, but we promise it’s easier than you think! Your Shopify inventory dashboard will match your logistics partner WMS inventory, returns will be seamless, and you can focus on your core business by leaving the logistics to a 3PL (cough, cough, Taylor).
Shopify x 3PL Partner
Just like Shopify, your 3PL is here to help your business grow. A logistics partner can help with fulfillment management, inventory control/ planning, transportation, and excellent parcel shipping rates. Utilizing outsourced logistics, you’ll have more time to launch new products, make some TikToks, expand your brand, and focus on your business goals.
Find a 3PL Who Loves a Shopify Integration
A solid 3PL will have a Shopify integration widget that enables sellers to manage their Shopify storefront, design, new products, sales, etc. but connect it to a 3PL to handle fulfillment and shipping. In addition, the integration will allow sellers to see real-time inventory info within the Shopify dashboard. So selling out products will never be an issue; it will also help you forecast future demand.
Here’s how it works, when orders are placed through Shopify, it will go straight into the 3PLs warehouse management system. Making order management simple because it’s automated, there’s no need to upload a spreadsheet, download, or even click the mouse. Once you set up the Shopify store and connect via EDI, orders will flow directly to the fulfillment center and will be processed. The advantage of partnering with a logistics company is that you have real people handling your inventory and business. You can call on your personal assigned rep, tech superuser team, operations managers, and even the COO. There’s no call center, no putting in a ticket, no waiting for support.
CINCINNATI — Taylor Logistics Inc. (TLI), a Cincinnati-based third-party logistics company, announced plans to open another public fulfillment center outside Cincinnati later this month. At 5257 E Provident Dr. in Cincinnati, Ohio, the new location will be the companies third public multi-client warehouse in Cincinnati. Their headquarters (World Park 1) is positioned just down the street at 9756 International Blvd and World Park 2 on the same road at 10095 International Blvd.
“Our customized solutions, time-sensitive scalability, and technology have proven we are not merely a vendor for our customers but a partner, a team,” said Director of Warehouse Operations AJ Raaker. “This new addition for team Taylor is perfectly positioned for any business’s supply chain; Cincinnati’s ever-changing industry landscape and proximity to the consumer makes 5257 the perfect spot; here we grow, again!”
The brand new 130,000 square foot warehouse located on Provident Dr. is conveniently positioned next to two major interstates, rail ports, and cargo hubs. The Cincinnati/N. Kentucky International Airport is located 30 miles south via I-75/I-275, CVG, DHL, Amazon Prime Air. Being true to our food, beverage, flavoring, and pet food partners, this new building will be in Taylor standard as food grade.
Brand New Building | 5257 E Provident Dr. Cincinnati, Ohio 45246
About Taylor Logistics, Inc.
Taylor Logistics Inc. is the Nation’s Most Progressive Family Owned logistics company. From their founding in 1850 to today, Taylor is currently in sixth and seventh-generation ownership. Taylor’s passion is finding solutions for their customers through their various services. From warehousing both contract and public, freight brokerage, packaging, kitting, drayage, and trucking. All of which are customizable and technology-driven. Their 170 years of logistics experience have proven that they are not merely a vendor for your company – they are an extension of your team with a clear understanding of our responsibility to replicate your organization’s strategic business goals.
At Taylor, we know your products have important places to be, like a child’s 5th birthday, signing the papers for a new car, running a marathon, or happy hour. We’re here to help make sure they get there, from getting your products to Whole Foods or Ralphs to creating multipacks so people can enjoy more of your brand. We help brands explode & we go where you need us. We are your supply chain management experts.
The opportunity in food and beverage eCommerce is vast from convenient access to a wide selection of products to subscription-based services. To excel in this complex environment, retailers and food and beverage companies need to improve their eCommerce fulfillment capabilities. Here are some things to consider when venturing the eCommerce landscape.
Optimize Distribution Network
For efficient eCommerce fulfillment, products should be positioned as close to your customers as possible. Strategically located fulfillment centers can help to reduce transit costs and transit time. Utilizing two or more centrally located distribution centers can help meet consumers’ delivery expectations – often using two-day ground service.
Leverage Valued-Added Services
As in any industry, value-added services can offer many benefits for the manufacturer, retailer, and consumer. For the food and beverage companies, seasonal or promotional kitting, subscription boxes, and custom pallet displays can diversify your product offerings and increase sales.
Anticipate Space and Staffing Needs
eCommerce order fulfillment typically demands three times the labor of conventional warehousing operations. It’s crucial to plan accordingly to ensure capacity for maximum potential volume.
Inventory Tracking
With inventory distributed across multiple locations, it is critical to understand where products are and how they move. A comprehensive view of stock across all fulfillment locations, physical stores, warehouses, vendors, and in transit is critical for optimizing your eCommerce. Since inventory must be immediately available and accessible, it is vital to identify fast-moving items to prevent stock-outs and back-ordered items. Not to mention if a product is out of stock in one location, having a single inventory view helps determine another potential source from which to fulfill orders.
How can we help?
Food and beverage eCommerce comes with an added layer of complexity. That’s why so many food and beverage companies turn to tech-enabled solutions partner like Taylor to help with eCommerce fulfillment and logistics. Here’s how our solutions can help your company:
SQF-Certified Fulfillment Centers
A benefit of outsourcing your fulfillment to Taylor is working with a company that already holds a Safe Quality Foods certification. Taylor has a network of SQF-certified fulfillment centers granting our teams as food safety experts.
Established Distribution Network
Ready access to our conveniently situated facilities moves products closer to end customers to save time and money.
Scalable Resources
With flexible staffing and food-grade warehouse space, Taylor can accommodate fluctuating order volumes without a permanent overhead investment.
Taylor’s warehouse management system and fulfillment automation allow us to provide real-time visibility, efficient order routing, and better accuracy. Our WMS also integrates with several eCommerce platforms like Shopify and WooCommerce.
Conclusion
As we continue to see an increase in food and beverage eCommerce businesses and as more consumers begin relying on eCommerce food and drink deliveries, optimizing your supply chain is becoming more important than ever before.
Talk With Taylor
Learn how our solutions teams can help your food and beverage eCommerce while you grow your business. Fill out the form below:
