Top Supply Chain & Logistics Companies

The world is going through an evolving phase of transportation where expert logistics companies are required to tend to the evolving needs of a business. There are many aspects of transport nowadays that include modes of shipping for which we have trucking, rail, air, and ocean freight companies and the support functions that include warehousing, fulfillment, contract, and customs services. To deal with all these aspects, you must hire from expert logistics and supply chain management companies that can provide reliable and quality services for all your business needs. To help you find the best from an exhaustive number supply chain & logistic companies, GoodFirms steps up with a list of competent service providers. Examine this list of supply chain companies to find one best suited for your requirements.

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List of Logistics and Supply Chain Management Companies

  • At CEVA, we understand cars, motorcycles and other vehicles and we understand people. That's how we deliver the service you want. Anything less is unacceptable to us. If you’re looking for local or interstate car transport or just a convenient vehicle freight service, CEVA Car Carrying offers a range of vehic ... learn more about CEVA Logistics

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    < $25/hr
    10000+
    2006
    Australia, Colombia
  • FMi Logistics

    Canada’s most trusted logistics partner
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    Outsource your commercial warehousing and freight management services to FMi Logistics. We are Canada’s most trusted logistics partner. Do you need real-time reporting and on-time delivery? Do you want to reduce your costs and increase your profits? Gain peace-of-mind with our reliable service. FMi will ... learn more about FMi Logistics

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    < $25/hr
    10 - 49
    1996
    Canada
  • Chain Logistics Services

    Stable,independent,fast growing freight forwarder.
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    Chain Logistics Services is a team of dedicated professionals having distinct experience in Maritime, supply chain and logistics industries. It has been our constant endeavour to provide first class, highly competitive services to our clients. By monitoring and responding to our client’s needs, Chain Logistics ... learn more about Chain Logistics Services

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    < $25/hr
    2 - 9
    2011
    United Kingdom
  • OBS Logistics

    Powering your entire supply chain.
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    Leading organisations with warehouse or transport operations rely on CALIDUS Total Logistics to provide complete supply chain visibility and competitive advantage. Our best-of-breed logistics software is used to support logistics operations ranging in size and complexity from single site operations throu ... learn more about OBS Logistics

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    < $25/hr
    50 - 249
    1999
    United Kingdom
  • ETA LOGISTICS

    Dedicated specialists taking care of your products
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    This is ETA's LinkedIn page for customers, suppliers and supporters. At ETA we believe in more effective ways to serve our customers; we provide unique tailor made solutions to streamline customers freight and supply chains. To find out more, please visit our website or get in touch with our team for a chat to see ... learn more about ETA LOGISTICS

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    < $25/hr
    10 - 49
    2012
    United Kingdom
  • Wheel India

    End to End Supply Chain Solutions
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    Wheelindia SCM Solutions Pvt. Ltd. was established in the year 1995. We have a large network of offices spread across 12 major cities around the country including Delhi, Mumbai, Chennai, Bangalore, Chandigarh, Ludhiana, Indore, Hyderabad, Noida and Alwar. We are empowered by a talented and enthusiastic pool of Direct a ... learn more about Wheel India

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    $50 - $99/hr
    50 - 249
    1998
    India
  • Archway

    Results. Delivered.
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    Archway is a leading provider of marketing logistics, fulfillment services and supply chain management solutions. We help brands achieve greater return on marketing execution and product distribution with tailored solutions that drive financial efficiencies, grow revenue and increase profitability.

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    $100 - $149/hr
    250 - 999
    1952
    Canada
  • MTE Logistix

    Flexible Client Solutions
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    MTE offers 3PL and contract warehousing in Edmonton and Calgary, providing short- and long-term warehouse storage, order fulfillment and distribution. With almost 2 million sq. ft of space, 20+ rail doors and 200+ dock doors between our 9 Edmonton & Calgary warehouse facilities, we can handle any volume. MTE Logist ... learn more about MTE Logistix

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    $50 - $99/hr
    50 - 249
    1925
    Canada
  • B2B Logistics

    CUTTING-EDGE LOGISTICS SOLUTIONS
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    B2B Logistics is a leading Indian logistics and freight forwarding company. Established in 2014, the organization leverages the 20+ years of experience and technical know-how of its founders’ to offer cutting-edge logistics solutions for clients across domains. Since inception, the company has rapidly expanded it ... learn more about B2B Logistics

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    < $25/hr
    2 - 9
    2014
    India
  • SCI

    THE LOGICAL CHOICE FOR YOUR SUPPLY CHAIN
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    As a 3PL partner that is trusted by clients in the retail, e-commerce, technology, and healthcare sectors, SCI provides end-to-end supply chain solutions that improve their clients’ business results and customer satisfaction. SCI operates the most extensive national distribution and transportation network in the ... learn more about SCI

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    $100 - $149/hr
    250 - 999
    Canada
  • Future Supply Chain Solutions

    Your supply chain decides where you stand
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    FSC is one of India’s largest organised third-party supply chain and logistics service provider. We offer automated and IT-enabled warehousing, distribution and other logistics solutions to a wide range of customers. Our service offerings, warehousing structure, pan-India distribution network, “hub-and-s ... learn more about Future Supply Chain Solutions

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    $100 - $149/hr
    1,000 - 9,999
    2007
    India
  • Mahindra Logistics Limited (MLL) is a portfolio company of Mahindra Partners, the USD 1 billion private equity division of the USD 20.7 billion Mahindra Group. At MLL we provide integrated third party supply chain and people transport solutions, to companies across a diverse cross section of industries. We specialise i ... learn more about Mahindra Logistics

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    $300+/hr
    10000+
    2007
    India
  • ASM(Customs Clearance Agent Heathrow) has grown into a leading provider of global supply chain and logistics solutions by way of air, ocean, warehousing, and ancillary industry practices and solutions. Our continued growth in the fast-paced environment is a testament to our day-one commitment to providing a unique, qua ... learn more about ASM Freight Services

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    < $25/hr
    2 - 9
    United Kingdom
  • 18 Wheels Logistics

    Warehouse and Distribution Company
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    Warehouse and Distribution Company in Vancouver, Toronto, Calgary, and Washington We are a third party logistics warehousing company. We offer warehousing, distribution, co-packing, container drayage, & home delivery services. We represent you as your distribution center on the west coast of Canada.

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    $25 - $49/hr
    10 - 49
    1989
    Canada
  • BLG LOGISTICS GROUP

    From a seaport to a logistics service provider
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    BLG LOGISTICS is a seaport-oriented logistics services provider with an international network. The company’s more than 140-year history is a source of strength. Today, we have a presence in all the world’s growth markets, with over 100 locations and offices in Europe, America, Africa and Asia. We offer our ... learn more about BLG LOGISTICS GROUP

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    < $25/hr
    10000+
    1877
    Germany, Italy
  • Milan Supply Chain Solutions

    Business Moves Fast. MAKE YOUR MOVE!
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    The Ross family founded Milan Express in 1969 as transportation company that focused on reliable service at a reasonable price. That basic mission as a family organization has not changed over the years even though the ownership has.In September of 2014, the Ross family sold the business to HCI Equity Partners who had ... learn more about Milan Supply Chain Solutions

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    < $25/hr
    250 - 999
    1969
    United States
  • Omni Logistics

    Possibilities Realized. Every Day.
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    Omni Logistics is a privately owned global 3PL provider. As one of the world’s leading privately held 3PL providers, we specialize in providing unique, custom supply chain solutions for a long list of global clients. Whether you need assistance finding temperature‑controlled warehouses, turnkey staffing or glob ... learn more about Omni Logistics

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    < $25/hr
    1,000 - 9,999
    2000
    Singapore, United States
  • Everglory Logistics

    Helping you to better manage your supply chains
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    Everglory was founded in 2011 by experienced logistics managers who believed there was a market for a company that offered large-scale buying power, competitive pricing and delivery on the promise of customer service by going the extra mile for its clients. Starting in Boston with a network of support throughout Asi ... learn more about Everglory Logistics

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    $25 - $49/hr
    10 - 49
    2011
    United States, China
  • GCS

    Logistics. We deliver.
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    GCS are one of the leading independent express and overnight road service providers, operating exclusively between the UK and Ireland. Our LinkedIn page provides access to developments in our Irish, Technical Logistics, global freight and eCommerce services. It will also provide a conduit to relevant supply chain news ... learn more about GCS

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    < $25/hr
    50 - 249
    2004
    United Kingdom
  • G&S Logistics

    It is a leading 3PL warehousing company in Sydney
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    G & S is a leading 3PL warehousing company in Sydney and offer a complete Warehousing and Distribution service.  G&S Logistics currently operates from a 5300 square metre premises with 16,500 pick faces and 900 racked pallet storage locations.  The site also has numerous docks to accomm ... learn more about G&S Logistics

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    < $25/hr
    10 - 49
    2014
    Australia
  • Fulfillment Bridge

    Global Fulfillment Solutions
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    Fulfillment Bridge was founded in Tunisia with a mission to provide cost-effective and scalable end-to-end technology-driven eCommerce logistics solutions for cross-border eCommerce merchants. The team is made up of a globally diverse workforce of industry experts who specialize in eCommerce, logistics, and technology. ... learn more about Fulfillment Bridge

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    NA
    50 - 249
    China
  • PLS Logistics Services

    Our Shipping Logistics Management Company
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    PLS Logistics Services is a leading provider of full service transportation management and brokerage services for shippers across all industries. PLS handles millions of loads annually across all freight modes. The PLS carrier network consists of 45,000+ carriers. PLS PRO, proprietary TMS software, provides business in ... learn more about PLS Logistics Services

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    $100 - $149/hr
    250 - 999
    1991
    United States
  • Elegant Services

    Business Setup & Product Registration Consultant
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    Elegant Services is well established company based in Dubai, UAE, providing professional solutions, business advisory and comprehensive range of business incorporation services to investors from around the world.. Established in 2009, Elegant Services has been growing in leaps and bounds. With a healthy, professional w ... learn more about Elegant Services

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    $25 - $49/hr
    10 - 49
    2009
    United Arab Emirates
  • Maticz Technologies

    Blockchain Development Company
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    Maticz is the proven Blockchain Development Company in India that provides an end-to-end business solution to climb your business on the success ladder. As an experienced blockchain development company, we have in-depth knowledge of AI, IoT, Blockchain, and cloud services. Experienced in developing multiple business ... learn more about Maticz Technologies

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    $25 - $49/hr
    10 - 49
    2020
    India
  • Blaize

    Blockchain Development Company
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    Blaize is a software development & service company with a key competency in blockchain technology. We are tight-knit team of experts with more than 3 years of practical experience in blockchain development field. Our main focus is turned towards blockchain based software development, DevOps, consu ... learn more about Blaize

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    $25 - $49/hr
    10 - 49
    2016
    Ukraine
  • Consulting, training, products and software for supply chain and sustainability. We support medium and large ocmpanies leap frog in their supply chain digital transformation. We simplify before automating. We re-organise for growth and resilience. We automate to support these changes. We're tech stack agno ... learn more about good chain and sustainable supplies Ltd

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    NA
    2 - 9
    2018
    China, Australia
  • Established in 2014. Founded in June 2014, EasyParcel is an online parcel booking and courier services booking platform. It allows users especially in the E-commerce sector to easily book courier services online to send parcels. Businesses can conveniently evaluate prices offered by different courier companies that ... learn more about EasyParcel Sdn Bhd

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    $50 - $99/hr
    50 - 249
    2014
    Malaysia, Singapore
  • VTL

    VTL - Best Logistics Services in Chennai.
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     VTL - International Air & Sea Freight Forwarders, Customs Brokerage, Global Logistics Services in Chennai.An industry needs a transportation or logistics company to import export the product through flight or ship, VTL custom clearance faciltates the shipment flow of VTL shipments in Time Safely ... learn more about VTL

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    NA
    10 - 49
    1995
    India
  • UKR Shipping LLC

    UKR Shipping, for all your shipping needs.
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    Ukr Trading FZ LLC was founded in 2019 after more than 20 years of experience in import, export, and international shipping services.  We’ve been in the Middle East market since 2000 and we are well-recognized among our partners.   OUR MISSION Deliver Responsible Client Services Provide ... learn more about UKR Shipping LLC

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    NA
    10 - 49
    2019
    United Arab Emirates
  • UA Logistics

    BEST CARGO SERVICES UAE TO PAK
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    WE PROVIDE FASTEST & AFFORDABLE CARGO SERVICES TO PAKISTAN Our solution commitment to clients and also companions are preserved via high criteria of interaction

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    < $25/hr
    2 - 9
    2014
    United Arab Emirates
  • Aiduk Fulfillment Centre, you can be shipping orders in no time. Aiduk is committed to delivering a full range of order fulfillment solutions in an easy-to-implement, cost-effective friendly manner. Aiduk Fulfillment is inexpensive, accurate and customer service oriented. Our distribution to your customers is economica ... learn more about Aiduk Fulfilment

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    $25 - $49/hr
    50 - 249
    2009
    Saudi Arabia
  • Freight Systems

    Smarter People. Latest Technology
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    FSL is an International Freight Forwarding Company offering a multitude of services to meet business needs. We believe in delivering logistical services on time. Our customers in over 30 countries around the world, rely on our expertise to manage their day to day logistic needs. Our extensive portfolio of services, ... learn more about Freight Systems

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    $150 - $199/hr
    1,000 - 9,999
    1988
    United Arab Emirates, India
  • Airspeed is an end-to-end logistics solutions and express courier company that has been in the industry for over 30 years. You can trust us to grow your business and provide your logistics needs because we employ the right people, manage an updated system, and uphold company values to fulfill all your requirements. Exp ... learn more about Airspeed

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    < $25/hr
    10 - 49
    1985
    Philippines
  • Brite Logistics

    We do not promise but we do deliver!
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    Responsible, Reliable, Nationwide. At Brite Logistics a satisfied customer is our main goal. We achieve that goal with productive, safe, and courteous drivers, happy and motivated office staff, excellent customer service, and well-maintained equipment. We work as a team to consistently provide the best possible service ... learn more about Brite Logistics

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    $25 - $49/hr
    10 - 49
    2009
    United States
  • Epic Freight Solutions

    Fastest growing freight company in Los Angeles
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    At Epic Freight Solutions we listen. We put in countless hours interviewing clients finding out what you want, how you want to be serviced, and why it all matters. We understand that client service and superior performance go hand in hand. We asked the tough questions and what you told us was that in order to be differ ... learn more about Epic Freight Solutions

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    $25 - $49/hr
    10 - 49
    United States
  • All Season Freight

    Your Trusted Ocean Freight Consolidator
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    Specializing in the movement and consolidation of cargo from Canada to the Caribbean, All Season Freight Ltd. is an ocean freight consolidator providing the overseas shipping Calgary trusts. We serve customers in Alberta and throughout Canada. Over the past 20 years, we have built a reputation for excellence in ov ... learn more about All Season Freight

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    NA
    2 - 9
    Canada
  • Ausff

    Your Freight Forwarder
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    There a millions and millions of potential online shoppers around the world wanting to purchase from Australian retailers, but they find the Australian Retailer does not ship internationally. This means the Australian retailer are missing out on all this business , when they could quiet easily offer the Internationa ... learn more about Ausff

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    $50 - $99/hr
    10 - 49
    2011
    Australia
  • We are a New Jersey Public Warehouse Company. 130 locations across US, Canada and Mexico. Offering dry, cooler, freezer, HazMat and air conditioned space and services. Offering public and contract warehousing. Our company has been in business for 57 years!

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    $50 - $99/hr
    50 - 249
    1957
    United States
  • Cosco Shipping Lines Finland Oy

    It was founded in 1995 as a joint venture
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    Cosco Shipping Lines Finland Oy was founded in 1995 as a joint venture of Cosco Europe GmbH, the European head office of China Ocean Shipping Company – COSCO and the Finnish logistics company John Nurminen Oy. Cosco Shipping Lines Finland Oy operates as a General Agent to COSCO Group companies in Finland and in t ... learn more about Cosco Shipping Lines Finland Oy

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    < $25/hr
    2 - 9
    1995
    Finland
  • Tri-Star

    The Truck and Trailer People
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    In May 2000, Tri-Star began with a single truck and a single mission: to go the extra mile in providing the best repair services for our customers. By 2006, we officially expanded when we purchased our drop yard property located on Rio Grande, which is available 24-hours a day and spans over 10 acres next to our repair ... learn more about Tri-Star

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    $25 - $49/hr
    10 - 49
    2005
    United States
  • Wynne Transport was founded by Don Wynne in 1952. Don began his business hauling heating oil and switched to hauling refined products by the mid 1960’s. He dreamed of a small company only around 5 trucks, but by providing excellent customer service and surrounding himself with great employees, it allowed him to g ... learn more about Wynne Transport Service

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    < $25/hr
    2 - 9
    1952
    United States
  • ProConnect Integrated Logistics is a full-service third party logistics company offering end-to-end supply chain services with expertise in warehousing, fulfillment, distribution and freight forwarding to a global customer base. Having established a strong presence in the Middle East, Africa, CIS and India, it actively ... learn more about ProConnect Integrated Logistics

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    NA
    50 - 249
    United Arab Emirates, Saudi Arabia
  • GEx Logistics is a fulfillment service that delivers packages especially for e-retailers and online platforms. GEx Deliveries has maintained reputation to providing first Class, cost effective and efficient logistics solutions to its customers. The services are tailored to meet our clients needs and satisfaction. This ... learn more about GEx Logistics

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    < $25/hr
    2 - 9
    Nigeria
  • Qafila

    UAE's First Digital Freight Forwarder
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    Qafila is on a mission to drive growth and profitability for our clients through digital freight forwarding. We have harnessed the power of AI to drive innovation delivering efficiencies and visibility to MENA businesses.

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    NA
    50 - 249
    2017
    United Arab Emirates
  • Bezos.ai

    Put your logistics on autopilot
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    At Bezos.ai, we are building the future of e-commerce logistics. Our one-stop-shop solution makes it super easy for sellers to manage their logistics, eliminating the hassle of managing storage, fulfilment, last-mile delivery and returns. And we are doing it for SMEs! Our mission is to help them grow by giving the ... learn more about Bezos.ai

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    NA
    50 - 249
    2019
    United Kingdom

Buyer’s Guide

What is Supply Chain Management?

The supply chain is the complete process of sourcing the raw elements required to create goods, its production to delivering said products or services to customers.

The goal of having an efficient supply chain management system is to improve the performance of the supply chain system. An accurate supply chain information enables manufacturers to manufacture and distribute the exact amount of merchandise required by customers. Supply chain systems aid manufacturers and retailers to manage excess inventory, which in turn reduces the cost of manufacturing, shipping, and storing unsold products.

What Are the Different Elements of Supply Chain Management?

There are six components of Supply chain management:

  • Planning
  • Sourcing
  • Production
  • Delivering
  • Returning Goods
  • Inventory

1. Planning 

Before manufacturing, businesses need to formulate a plan and supervise all necessary resources to satisfy customers' demand for products or services. In the planning stage, logistics and supply chain management companies design an effective supply chain system and decide upon metrics in order to meet the enterprise's and customer's objectives.

2. Sourcing

Sourcing deals with the acquisition of raw materials and services required to manufacture the product. After subcontracting supply chain management companies, the supply chain managers focus on processes, such as ordering, managing inventory, authorizing payments, etc.

3. Production

Supply chain companies regulate the requirement of raw materials, manufacturing, quality assurance, packaging, and schedule delivery. Before the production begins, enterprises also calculate expected production output, worker productivity, and quality of the commodities.

4. Logistics:

It deals with scheduling delivery, coordinating customer orders, dispatching goods, invoicing, and payments. Businesses may outsource their logistics department or create their own delivery systems depending on their requirements and finances.

5. Returning Goods

The business needs to design a responsive and flexible shipping network to manage products returned by patrons. The commodities, at times, are returned, either due to it being defective, wrongly ordered, or currently not required by the clients. If the merchandise is faulty, it is reworked or scrapped. Whereas, if it is not required or incorrectly ordered by clients, the enterprise can store it in the warehouse for sale.

6. Inventory

A well-maintained inventory is crucial in supply chain management. It monitors the flow of goods from the manufacturing unit to warehouses to the point of sales/return. Based on the demand for the product, companies need to continually update the raw materials, ready goods as well as returned items.

What Is the Importance of Supply Chain Management?

There are several benefits to supply chain management:

1. Better Efficiency:

By integrating an efficient supply chain management system will assist businesses in predicting the demand for specific products. It is essential in fulfilling the requirements of the customers. Supply chain & logistics companies help clients adjust to the dynamic and fluctuating market, hence improving the efficiency rate.

2. Cost-Effective:

Supply chain management offers better cost management by maintaining the inventory system, stocking the finished goods as well as managing distributors and vendors. It is also vital in improving the system’s responsiveness to the customer’s requirements. This will subsequently reduce overall business expenditure.

3. Build Cooperation:

Supply chain management links up all the communicating points, such as production units, distribution units, vendors, etc. improving collaboration amongst them. It also gives organizations access to track the activities between the suppliers and distributors. This accelerates other tasks such as forecasts, reporting, order statuses, quotations, and other transportations plans in real-time.

4. Risk Mitigation:

Businesses need to assess risks and liabilities before investing in a plan. Logistics and supply chain management companies can predict favorable and unfavorable outcomes in order to avoid system failure. It also plays a crucial role in ensuring workplace safety, quality of the product, and maintaining relationships with different departments.

5. Enhanced Data Visibility:

Supply chain management helps display crucial data enabling decision-makers to make informed decisions. Several supply chain & logistics companies offer simplified reporting solutions to ensure that the managers can view and assess valuable data quickly and employ strategies to change the inputs that best match the business goals.

What Are the Benefits of Outsourcing Supply Chain Management?

Several companies opt to outsource various stages of supply chain logistics to third-party service providers to maximize the profitability of the business. Let’s explore some of the significant benefits of outsourcing supply chain solutions.

1. Focus on Core Business: 

Supply chain & logistics companies can consume precious hours, which can otherwise be used for marketing, building customer relationships, and formulating new ideas. Since supply chain companies will oversee the supply and distribution, business owners can allocate more time to further strengthening the business. Hiring one of the top supply chain companies will allow your employees to focus on core tasks and be more productive, thereby helping the business in gaining long-term success.

2. Reduced operational cost: 

Supply chain management demands extensive infrastructure, overhead, sampling, staffing, and other such costs. Therefore, it is more cost-effective to subcontract supply chain solutions to a reliable third-party instead of setting up an in-house system. The best supply chain companies use their in-depth knowledge and field expertise to reduce the overall expenses. They offer services such as procuring less expensive materials, inventory management, transportation optimization, etc. to control expenditure.

3. Scalability: 

The best supply chain and logistics companies have access to high-end tools and technologies for managing the entire system in a better manner. This helps their clients to adapt to changing market trends and consumer preferences quickly. Moreover, by outsourcing, businesses can expand or downsize rapidly without worrying about other aspects, such as infrastructure or staffing constraints. 

4. Better Resources: 

Outsourcing supply chain logistics offers businesses access to highly skilled staff and advanced technology. Moreover, companies can judge the credibility of the service providers and hire multiple supply chain companies to get the best from each partner or select a single associate that matches their various criteria, such as location, budget, field expertise, etc. 

5. Meet Customer Demand: 

The outsourced logistics company is responsible for supplying the products required by customers. They will ensure that the raw material planning meets production schedules. The supply chain analysts are also capable of predicting any rise or fall in demand in order to run the production and distribution departments efficiently.

Which Are the Most Prominent Supply Chain Management Trends?

There are several technologies and trends is expected to affect supply chain management positively:

1. Robotic Automation:

Integrating robotic automation enables organizations to deploy smart bots to automate operational business processes. These tools are intelligent agents capable of performing repetitive tasks, eliminating human error, thereby reducing overhead. Robotic process automation allows easy integration of multiple software, systems, etc. used throughout the supply chain. RPA also results in faster turnaround helping build a successful business.

2. Cloud Platforms:

Integrating a cloud platform into supply chain management can centralize information while reducing cost and ensuring data security. Data serves as a crucial asset while dealing with supply chain and logistics services, and cloud solutions can ensure that the information is easily accessible by authorized personnel. Cloud platforms can accommodate inventory or warehouse management, manage transportations, orders, and demand forecasting, as well as supplier relationships. Cloud computing improves the entire supply chain by streamlining manual business operations to automated platforms.

3. Artificial Intelligence:

Integrating AI and machine learning can help businesses in enhancing supply chain analytics, demand forecasting, and predictive maintenance. Artificial Intelligence can improve different operations, such as Virtual Assistant, Data analysis, and software solutions, reducing human errors. Moreover, AI in logistics will lead to faster and more accurate shipping solutions. This reduces lead times as well as transportation and labor expenses.

4. Blockchain:

Blockchain technology ensures a permanent and tamper-proof account of the information that a cluster of computers manages. Since a single entity does not own it, every party can be sure of the integrity of the system. Blockchain guarantees the security of the data shared amongst the vendors, production teams, purchasing departments, sales, distribution as well as customers. The technology offers many advantages, including smart contracts to enhance transparency, authentication, and limit fraud.

5. Cybersecurity:

Companies must distinguish and manage the risk in their supply chain solutions in order to protect their interests as well as the interests of their clients and end-users. This can be guaranteed by implementing a fully tailored cybersecurity system. It further identifies the software security vulnerabilities in supply chain management systems and rectifies them to avoid substantial harm to the business.

Which Are Essential Supply Chain Services?

The following are the top 5 different types of supply chain management tools essential for optimizing the entire supply chain:

1. Shipping Services:

Shipping services offer real-time alerts to provide timely information on all freighting activities. Shipping companies enable purchasing and printing shipping labels right off the computer. The best shipping solutions can easily integrate with popular carriers to provide up-to-date shipping estimates. Moreover, businesses can receive a wide range of shipping alternatives, all at different velocities, from different shippers, offering various advantages.

2. Warehouse Management Services:

Warehouse management companies can aid businesses in determining how and where to store specific materials, products, and equipment to optimize the flow of the warehouse. These agencies have advanced warehousing tools offer several different features; some of the examples are:

  • Floor Simulators - It allows users to create floor plans within the system.
  • RFID Tagging - This offers real-time data on the inventory.
  • Automatic Reordering - It ensures that the inventory is always up-to-date.

3. Fulfillment Services:

Fulfillment service automatizes the processes of data collection, decision-making, and monitoring changes in compliance requirements and integrating it properly into the whole system. Fulfillment companies also deal with compliance solutions to ensure that company-owners can make decisions dealing with the company’s legal and financial integrity. The major operations performed by compliance tools are:

  • Internal audit
  • Quality management
  • Risk registers
  • Finance and operations
  • Regulatory compliance and reputation

4. Logistics Services:

Third-party logistics companies assist in creating route plans for shipments ensuring that correct carriers are selected. They further expedite shipments via better shipment planning and automate functions concerning paperwork and load planning. Logistics firms additionally suggest the best routes and monitor the status of drivers and vehicles while ensuring that the goods reach customers on time.

5. Freight Services:

Freight forwarder companies automate operations like data entry, billing, quoting, and other functions to increase efficiency, productivity, ultimately driving profit. Automation enables businesses to rapidly scale tasks to match the growth of the business accurately. A well-established freight agency offers tools capable of delivering flexible data analysis and visualization, allowing managers to make decisions best suited for the business. There are companies dealing with specific freight routes such as:

How to Shortlist Best Supply Chain Companies?

To help hire the right supply chain companies for your project, we have delineated the steps businesses must follow for the selection process:

1. Access Business Needs:

Before investing in a supply chain logistics company, it is imperative to comprehend the organization's needs. An efficient supply chain management system delivers numerous complex modules, enabling businesses to manage different business areas. These solutions may range from managing finances, production, inventory, shipping, purchasing, sales, etc. To receive the most benefits of the supply chain company, it is essential to list all the features required by the organization. Communicate with your employees to understand their daily tasks and the best functions that should be incorporated to accomplish explicit short-term and long-term goals concerning productivity, revenue, and customer service. Based on the data collection companies can easily select compliant supply chain partners.

2. Portfolio:

It is vital to understand the caliber of the selected logistics company to get the best services. Research about their past projects, how have they contributed to their prior clients, their expertise in tackling complex business problems, etc. This will allow you to assess the ability of the supply chain companies accurately. You may ask the service provider to give recommendations from previous customers as proof of their services. Business owners can also check out third-party reviews and rating platforms, such as GoodFirms, to better recognize the capabilities and vulnerabilities of the prospect vendor

3. Budget:

Before hiring a supply chain and logistics agency, the client must primarily assess their funds. You must evaluate your finances and prepare a budget outlining proper investments. Discuss and decide upon the amount you are compliant to pay and thus locate a firm that correlates with your prices. It is advisable to expect modifications in the budget as the top supply chain companies are better equipped in estimating the expenses required to accomplish the desired business goals. Ascertain that you receive quotations from multiple vendors before settling on the ideal partner.

4. Security:

While outsourcing to the best supply chain companies, inquire them about the security policies that they have established. Subsequently, examine the protocols regarding digital integrity and data authenticity. There are also other threats encountered by supply chain clients, such as inventory theft, smuggling, piracy, etc. A dedicated supply chain analyst constantly oversees the system in order to spot any such complex issues. Ask them their plan of actions to counter the potential risks concerning hacking or data tampering. It is advisable to ensure that the service provider regularly manages the cloud network and monitors access privileges.

5. Easy Integration:

Easy integration of the supply chain management system is an essential factor while incorporating a new solution. It is crucial to have instant access to any metric generated linking the business and the provider. The service provider must offer transparency by accurately reporting on business operations. Moreover, the solution must be easily adapted to existing business environments. Opt for a service provider who is capable of quickly implementing the supply chain management system.

GoodFirms Research Process:

GoodFirms evaluated the best supply chain companies based on three fundamental evaluation criteria, namely, Quality, Reliability, and Ability. This list allows service seekers to contemplate and determine the ideal partner for their business. The expert researchers at GoodFirms have scrutinized the characteristics offered by the supply chain logistics management and curated the logistics companies mentioned-above. The list is composed only after the thorough review of each participating agency on their portfolio, market discernment, domain expertise, as well as the flexibility of the solutions presented. These service providers are further assessed on the basis of the reviews offered by their prior clients.

GoodFirms always welcome new and established supply chain companies to expand our list. Hence, we would like to invite supply chain providers to participate and get listed in our Research segment by providing proof of their work.

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