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 […]
Read MorePerformance-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. […]
Read MoreIs 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.
Read MoreOutsourcing 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 […]
Read MoreUsing 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 […]
Read MoreRedefining 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 […]
Read MoreHow 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. […]
Read More3PL 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 […]
Read MoreEmily 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 […]
Read MoreYou 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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