Articles
3PL
Penetrating the U.S. Market With No Warehousing Investment
Warehousing just got a major facelift in the global supply chain world. Companies are starting to globally expand their product markets without the added weight of materials management, warehousing and distribution costs—and without adding staff in new markets. An excellent example of this new logistics trend is a Middle East manufacturer of ready-to-assemble consumer PVC […]
Read MorePlease Don’t Squeeze the 3PL
When is it practical to develop a cost-plus relationship? Many companies that outsource spend up to 60 percent of their logistics management time defining, selecting and negotiating the 3PL agreement yet do not fully realize the total benefits available from the outsourced relationship. The cost-plus agreement must allow the outsourcer to maximize the ROI from […]
Read MorePulling the Profit Lever of Spare Parts Logistics
Like many supply chain professionals, you probably rarely, if ever, consider the world of spare parts logistics. After all, why should you? How could you know that strategic logistics planning of your spare parts inventories will increase revenues, reduce costs, improve profitability, and have a direct impact on both the top and bottom line, while […]
Read MoreBecoming Truly Global: 3PLs Face New Challenges
The challenge of heading a global 3PL must be influenced by both an understanding of North American logistics and by a personal desire to help define the role of logistics. The future of freight forwarding depends on the partnerships and collaboration that can only be delivered by third-party logistics providers who have the capability to […]
Read MoreRetailers Take Outsourcing to the Next Level
As the economy creeps forward, retailers must focus on taking control of their supply chain functions. This sounds like a no-brainer to those of us who work day in and day out on tightening the supply chain. But the fact is, many retail organizations are simply not set up to get a good view of […]
Read MoreSix Ways to Grow in a Down Economy
In the 1990s, it looked like we could do no wrong. The economy was growing. The stock market was rising. Venture capital was plentiful. Young people became instant millionaires in the dot.com world. Then came the new millennium and somehow that all changed. The economy started to shrink and layoffs became commonplace. The stock market […]
Read MoreWhat’s Next in Outsourcing’s Evolution?
Regardless of the complexities of Darwinian theory, it is easy to find similarities between the evolution of man and outsourcing supply chain functions. After all, there was a time in my career when “postponement strategies” seemed as foreign a phrase as “australopithecines” (an extinct humanlike primate). What was once fancy speak now seems no more […]
Read MoreOrchestrating Successful Product Launches
Successful product launches are like a well-orchestrated symphony. Each instrument must work in harmony to produce the melody, and every musician plays a critical role. As the conductor of a product launch, you want flawless orchestration, but getting products to the retail market presents many challenges. In today’s economic environment, companies cannot afford any missteps, […]
Read MoreDon’t Even Think About Outsourcing Until You Read These Success Stories
From Fortune 50 organizations to startup operations, a growing number of companies are outsourcing components of their logistics and supply chain functions to third-party logistics providers. Take the New England operation of Greenleaf Automotive Recyclers, a distributor of recycled auto parts. Last year the company decided to outsource its local customer deliveries to improve operations […]
Read MoreRiding Outsourcing Waves: Hang Five to Thrive
Improving supply chain performance by outsourcing has been in vogue for decades. But has the outsourcing process kept pace with the emergence of the supply chain manager (SCM)—a single provider responsible for end-to-end performance? The first wave of outsourcing focused on exchanging fixed assets for leaner balance sheets and variable logistics costs in warehousing and […]
Read MoreOne Throat to Choke: The Case for One-Stop Logistics
When companies choose to outsource a portion of their supply chains, they often struggle with the decision of how much control over their business and customer relationships they should put in the hands of an outsider. Most often, outsourced logistics is limited to transportation because it is more likely to reap quantifiable savings that are […]
Read MoreConsolidating Reverse Logistics and Warehousing Yields Greater Returns
While 3PLs have been tuned in to the retail industry’s returns management dilemma, manufacturers are also struggling with similar problems. In addition to traditional consumer returns, manufacturers are also charged with managing overstocks, seasonality, stockouts, shelf damage, obsolescence, and sales trends. As a result, it’s crucial to get valuable inventory assets returned back through the […]
Read MoreShifting Gears from Inventory to Motor Freight Costs
The nation’s motor carrier freight bill for 2001 was $494 billion—more than 50 percent of total U.S. business logistics costs ($970 billion) and 82 percent of total U.S. business transportation costs ($605 billion), according to Robert Delaney’s annual State of Logistics Report released in June 2002. The implication for the nation’s shippers and receivers is […]
Read MoreContingency Planning: Get Ahead of the Game NOW
It comes with the territory. Those of us who make our living in the fiercely competitive world of transportation, logistics, and supply chain management have developed an intense focus on consistently meeting and exceeding customer needs. Although most of us already operate under the credo “we need to do our work better tomorrow than we […]
Read MoreBuilding Bridges With Your 3PLs
With competition at an all-time high, it is more important than ever to develop a trusting relationship with your logistics partners. As the logistics business grows, 3PLs offer services that encompass the entire supply chain. They no longer just manage your warehouse—today they offer global solutions that include transportation, warehousing, customs, and IT services. Because […]
Read MoreTransforming Density into Savings
As companies continue to focus on supply chain management to increase efficiencies and drive down costs, they are examining every link in the supply chain—from manufacturing to logistics and transportation. But after carefully scrutinizing your supply chain and identifying strengths, one question remains: how do you turn those strengths into a means to achieve your […]
Read MoreProactive Involvement Ensures Clean 3PL Startup
When applied appropriately, an outsourcing strategy can add strategic advantage to your organization. Whether the value lies in asset efficiency, cost containment, customer service, marketing strength, or technological advantage, many 3PL customers can show measurable improvement in one or more of these areas. Customers dissatisfied with a 3PL, on the other hand, often cite unrealized […]
Read More3PL Growth: Strange But True
In any field, find the strangest thing and explore it,” said renowned physicist John Wheeler. “You can learn a lot about your world if you take that approach.” Well, perhaps the strangest thing in our world of transportation is the advent of the 3PL. Many say buying transportation is just about buying a commodity—”I don’t […]
Read MoreLogistics Outsourcing: Making a Long-Term Commitment
Experienced outsourcers identify keys to establishing long-term relationships with third-party logistics providers, for better or for worse.
Read More3PL Roundup: Straight from the (Out)Source
Market pressure has driven more business to the third-party logistics sector, but as a result, businesses are expecting more from their 3PLs. Find out what customers are demanding and what potential customers should know before they decide to outsource.
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