Articles
Partnership
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 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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Jumping Through Hoops: The Importance of Vendor Compliance
Companies execute acrobatic leaps to ensure they satisfy customer shipping specifications. For small businesses, meeting supplier requirements calls for extra agility.
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How to Evaluate a 3PL Partner
Shippers, carriers, and even small intermediaries increasingly rely on third-party logistics (3PL) service providers to manage non-core logistics and supply functions, access capacity, and tap technology capabilities. 3PLs create value by pushing the envelope and helping customers reduce costs through tactical improvements, and enhance overall supply chain performance with strategic business process enhancements. Making the […]
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A New Day Dawns for 3PL Partnerships
Most logistics outsourcers today use an RFQ to select their 3PLs. But that model is outdated and ineffective. A handful of forward-thinking shippers and logistics providers are instead embracing a collaborative outsourcing method, with powerful results.
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Balancing Shipper and Carrier Interests
The past two years have been a roller coaster ride for both carriers and shippers. After the financial crisis, carriers dropped their rates to unprecedented levels. Service contracts locked in these non-compensatory rates, and volumes dropped precipitously. Ocean carriers took ships out of service, and capacity cuts were steep and drastic. The financial viability of […]
Read MoreYou’re in Charge: Selecting and Managing Freight Forwarders
Effectively managing your freight forwarders helps improve supply chain compliance.
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Gaining Alignment With Your 3PL is Key to Supply Chain Success
When choosing a supply chain partner, it is essential that goals, expectations and strategy are all in alignment. In order to achieve this synergy, open and honest communication between business partners needs to be in place to move the relationship beyond one of simply executing services to one of real collaboration. Measurement, monitoring, and corresponding […]
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3PL Partnerships: Finding Your Better Half
Just like people, companies seeking long-lasting relationships need to keep a strategic focus when choosing their “other half.” In the high-stakes world of international shipping, smart companies considering logistics outsourcing for their supply chain needs should carefully consider the question, “How do I choose the right provider?” Here are five tips to help you properly […]
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