Articles

3PL

Felecia Stratton

Finding Supply Chain Feng Shui

Business process improvement is especially important in today’s economic climate. Businesses are sensitive to fixed costs when the economy is swinging like a pendulum. There’s shared recognition that they have to stick to their principal business to grow out of the recession; and logistics execution and supply chain excellence is too important to ignore. That’s […]

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Bobby Harris

3PLs Can Provide Soft Cost Savings for Small Businesses

Shipping is the second-largest cost many small businesses incur, after labor. Despite the challenges they face—including high gas prices, advancing technologies, and competitive markets—small companies must continue to move products from Point A to Point B. To keep productivity high and customers happy, some small businesses seek ways to cut shipping costs, including engaging third-party […]

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2013 3PL Perspectives: Drafting a Blueprint for Growth

Inbound Logistics’ ninth-annual 3PL Perspectives market research report documents how 3PLs are differentiating their value proposition beyond transactional services—creating an outsourcing blueprint for shippers to grow, in spite of economic uncertainties.

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Readers’ Choice: Top 10 3PL Excellence Awards 2013

MORE TO THE STORY: About the Survey Respondents Built to Last: A Sampling of Reader Comments 3PLs to Watch Supply chain challenges can weaken a business’ foundation, clogging product flow, wearing away at customer satisfaction, and draining profits. Whether companies need a minor supply chain touch-up or a major overhaul, enlisting a knowledgeable third-party logistics […]

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Outsourcing for Optimum Supply Chain Effectiveness

Outsourcing for Optimum Supply Chain Effectiveness

MORE TO THE STORY: An Industry in Flux The chemical industry’s complex logistics needs, safety and security concerns, and regulatory issues make outsourced logistics, transportation, distribution, and warehouse services an important part of its supply chain. Third-party logistics (3PL) providers working with the chemical industry offer a wide range of services in different levels of […]

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Keith Biondo

We Need Jobs…Let’s Raise Taxes?

Balancing a budget is an exercise in best judgment. Add politics to the equation, and logic flies right out the window. One example: the Minnesota legislature is finalizing its $38-billion state budget, which includes a 6.5-percent sales tax on warehouse services. A wide-ranging tax hike on warehouses will have far-reaching implications. None good. A warehouse […]

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Assessing Your Provider’s Financial Stability

There’s nothing worse than hiring a logistics provider or carrier, then having it file for bankruptcy or close shop the day before you have a huge shipment planned for a new customer. Danny Monson, president and CFO of States Logistics Services Inc., offers these tips for verifying a service provider is financially stable—before you start […]

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Kyle Gholston

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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Justin Woulfe

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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John Wagner Jr.

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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Ray Greer

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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John Paugh

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

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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Greg White

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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