Articles
3PL
6 Secrets to Finding the Right 3PL
To help mitigate a potential capacity shortage, many shippers are turning to third-party logistics (3PL) providers to help cover lanes that otherwise would be difficult to fill. If you are looking to partner with a 3PL, these guidelines can help you secure a beneficial service provider relationship. 1. Choose carefully. Until recently, Internet access and […]
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Performance-Based Negotiations: Simulation as Support for Decision-Making
Performance-based logistics (PBL) contracts have the potential to reduce cost to the buyer, while also increasing capability. This is contingent on the right set of metrics and cost targets being developed to ensure the right contractor incentive. Today, less than five percent of work performed in both government and private sectors is under PBL deals. […]
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Is Your 3PL Financially Healthy?
An ounce of prevention is worth a pound of cure. Conduct a financial checkup of your potential 3PL partners before you sign the contract.
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Outsourcing for Newbies, and a Refresher for All
While Fortune 500 companies routinely outsource everything from distribution centers and transportation management to packaging, freight audit/payment and other functions, your up-and-coming company may only need to outsource a single function of its operations, perhaps a combination. It’s rarely an easy decision process, but the objective is always clear. Growing companies need access to better […]
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Using Strategic Acquisitions to Satisfy Your Customer Base
Global shippers continue to face supply chain challenges that seem to change more often and more dramatically than ever before. They require logistics partners who can react to these changes and help them navigate the complexities of global trade. Shippers want 3PL partners that not only responsively evolve service networks and capabilities to flex with […]
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Redefining the Race to Profitability Through Innovation
Every manufacturer, supplier, and U.S. business is feeling the effects of today’s tough economic conditions. It has never been more important to control costs and operate efficiently. The pressure is on for manufacturers to reduce waste, and operate in a truly lean manner. These facts are even more prevalent in the automotive sector, where profitability […]
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How to Foster a Long-Term 3PL Partnership
When companies begin working with a third-party logistics provider (3PL), they are generally looking to address a functional pain point. The partnership is transactional and fills an operational gap. But the true value of 3PL partnerships can grow infinitely greater when shippers take a long-term approach that focuses on sustainable gains rather than short-term savings. […]
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3PL Value-Adds Mean Millions
You hate to say it, but everyone knows it: Today’s third-party logistics (3PL) relationship is transitional. Many 3PLs live and die by the freight rates they offer clients. Why? Because your shippers see the relationship as transactional, and trucking-focused. Shippers write checks for shipping expenses nearly every day, and freight is in the forefront of […]
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Emily Ross: Good Blood
Emily Ross has served as senior supply chain manager at Haemonetics Corporation, Braintree, Mass., since 2008. Haemonetics provides blood management devices and software used by plasma and blood collection centers and hospitals. Responsibilities: Transportation sourcing for North America and international subsidiaries; sourcing 3PL warehousing services; operational support. Experience: Marketing coordinator, The Rex Lumber Company; associate […]
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You Are Everywhere: Mapping the New Retail Supply Chain
Gone are the days of single-channel apparel retailing—and supply chains servicing that model. Today, apparel retailers must optimize their supply chains to deliver products from any point where consumers want to buy them.
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3PL Partnerships: From Tactical to Strategic
It was déjà vu all over again as I sorted through the responses to this year’s Top 10 3PL Excellence Awards survey and 3PL Perspectives research. Like last year, and the year before, and the year before that, a sizable percentage of survey respondents said they select logistics partners based on their ability to secure […]
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3PL Partnerships: From Transactions to Trust
In business context, transactional relationships are often laden with legal conditions—unlimited liability, implied agency, utmost good faith. Even with assurances that a partner will do the right thing, it all comes down to costs and consequences. For many years, the supply chain operated in a similar fashion. Third-party logistics providers (3PLs) demonstrated their value by […]
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Great Partnerships: 3PLs and Shippers
Many companies have traded old-style transactional relationships with 3PLs for collaborative partnerships that stand the test of time.
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3PL Perspectives 2012: Shippers and 3PLs—Perfect Together
Inbound Logistics’ eighth-annual 3PL market research report demonstrates how 3PLs and shippers are connecting to confront existing challenges and capitalize on new opportunities.
Read MoreReaders’ Choice: Top 10 3PL Excellence Awards 2012
What elevates a relationship from a workable collaboration to a truly great partnership? MORE TO THE STORY: 3PLs to Watch About the Survey Respondents Partner Appreciation: A Sampling of Reader Comments We try to describe this elusive state in so many ways: “He just gets me.” “She’s the yin to my yang.” “It’s like he […]
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3PLs Control Loads to Provide Shippers Superior Service
Q: Third-party logistics (3PL) companies face many challenges with each shipment they manage. Why is it critical for 3PLs to take control of their shipments? A: In today’s difficult economy, shippers look for efficiencies such as maintaining smaller inventories and scheduling employees to unload freight at key consumption and/or distribution times. This demand only increases […]
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Supply Chain Control Towers Offer a Bird’s-Eye View
Q: How can companies better manage their supply chains to gain competitive advantage? A: Over the past year, the concept of a supply chain control tower has been gaining momentum. A control tower is a single command center for visibility, decision-making, and action, based on real-time data. "A supply chain control tower is a central […]
Read MoreGaining More From 3PL Relationships
Whether your third-party logistics (3PL) service provider is a niche player or a global behemoth, you can take steps to draw more value from the partnership. Valerie Bonebrake, senior vice president at supply chain consulting firm Tompkins International, offers the following tips for getting your 3PL to do more for you. 1. Become an expert […]
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3PLs: Going Beyond Savings to True Value
Although shipping is an integral and expensive part of daily operations, other considerations often take priority. This may result in unhappy customers, increased shipping costs, and time wasted resolving issues. Companies looking to increase efficiency and maximize shipping dollars often turn to third-party logistics (3PL) providers, one-stop resources that facilitate shipping and logistics needs. 3PLs […]
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Trends—December 2011
Transportation Management Breaks Out Transportation management system (TMS) solutions and TMS-managed services have been evolving at hyper-speed over the past few years, largely driven by an economy in a tailspin, corporate mandates to reduce costs at all costs, and the emergence of Software-as-a-Service (SaaS) and cloud-connected networks. The facility with which companies can develop and […]
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