Articles
3PL
TMS or 3PL: Which Suits Your Business Best?
Q: How does implementing a transportation management system (TMS) compare to engaging a third-party logistics (3PL) service provider? A: A TMS provider’s core business is offering software solutions that solve customer transportation requirements. Companies that implement TMS solutions are looking for certain capabilities: maintaining relationships with carriers; improving supply chain management and effectiveness; streamlining operations; […]
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Business Process Improvement? Flexibility.
In his futile search for the Fountain of Youth, Ponce de León walked right past untold riches. If you are not evaluating your third-party logistics providers for their ability to drive strategic improvements in your enterprise, you may be doing the same thing. Thirty-three percent of respondents to our annual 3PL Perspectives market research survey […]
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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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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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Supply Chain Remodeling
When supply chains need a fresh look, 3PLs can draft a blueprint for renovation.
Read More2013 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.
Read MoreReaders’ 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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Temperature-controlled Logistics: Cool Under Pressure
As demand for perishable products grows worldwide, efficient and effective cold chain management requires strong partnerships and quick reactions.
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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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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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Site Selection: The Rise of Intermodal
Intermodal plays an essential role in today’s site selection process. Superior rail intermodal sites and services put your company on the right track.
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E-Fulfillment Strategies That Deliver the Goods
By adding speed and visibility to their logistics operations, retailers delight online customers, and keep them coming back for more.
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8 Ways to Strengthen Online Retailer Supply Chains
Most online retailers are well aware that effective supply chain execution is the strategic heart of their business. Here are eight ways to keep online retail supply chains running smoothly and cost-effectively. 1. Invest in people. Make sure your supply chain managers have adequate experience and knowledge. The right skill set can’t be learned on […]
Read MoreAssessing 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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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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