The Ultimate Guide to a 3PL Business

Cerasis

In this blog, they discuss everything you need to know about a 3PL business. What is 3PL? There are several definitions of 3PL. Third party logistics (3PL) refers to a business that provides one or several logistics related services. 3PL Services: What is Provided? .

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The Biggest Mistake When Selecting a 3PL

Talking Logistics

Here’s my one-sentence review: If you’re getting ready to select a 3PL partner for the first time, or want to improve the way you currently select and manage your 3PLs, this paper is a must read and helpful resource. This echoes what I hear repeatedly from 3PL executives.

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Consumer Demand Helping Drive 3PL Industry Growth

Talking Logistics

The need for this next-gen technology has contributed to the significant growth of the 3PL market in recent years. Yet, even as shippers have increased access to this technology, the 3PL market continues to grow. 3PL market has grown by roughly 7% annually since 2009 and is expected to reach $170 billion by the end of 2016. Then, and only then, can they determine what technology solution, or if outsourcing to a 3PL, is best for their business.

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5 Benefits a 3PL Can Offer Smaller Businesses

PLS Logistics

That’s where a 3PL can come to the rescue! 3PL Customer Experience Managed Transportation small businessAre you a small business owner?

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Busting The Myths About Non-Asset Based 3PL’s

PLS Logistics

We understand why it might often be assumed that an asset-based carrier has more advantages than a 3PL. Quite often, shippers don’t feel comfortable working with non-asset based 3PL’s and end up limiting, and thus hurting, their supply chain. Logistics Transportation Freight 3PL Supply Chain Management Capacity Shippers Shipping Carriers Blog

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What are the main 3PL Services?

The Logistics of Logistics

We have the same problem in the 3PL business. We are surrounded by so many different types of 3PLs and 3PL services. So what is a 3PL? What are the 3PL Services? The post What are the main 3PL Services? Admiral E.

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8 Crucial Steps for an Optimal 3PL Experience

PLS Logistics

Logistics Freight 3PL Supply Chain Management Optimization Shippers Reporting Challenges RelationshipsTrust and respect: two words that are imperative for a mutually rewarding outsourcing relationship. It seems easy, right?

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Is the 3PL Industry Becoming Barbell Shaped?

Talking Logistics

And we’ve also seen two large 3PL acquisitions in recent weeks, both originating in Asia: Japan Post Holdings Co. If you’re a 3PL in the middle, which end of the barbell will you race toward? Post a comment and share your perspective on what’s happening in the 3PL industry today!

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The 3PL Dedicated Advantage

Supply Chain Link

Supply Chain Transportation 3pl Dedicated FleetsThe transportation industry is evolving as shopping trends and shipping needs change with time. E-commerce and rapid delivery have resulted in varying shipping capacities and unexpected industry twist and turns.

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3PL Market Continues to Shrink

Logistics Viewpoints

The third-party logistics (3PL) market – encompassing non-asset-based transportation, warehousing, and integrated supply chain services – witnessed a decline of 8.9 Logistics Service Providers 3PL market growthpercent in organic growth. Organic growth is the growth that would occur absent the effect of acquisitions. The analysis compares first quarter 2016 revenues to first quarter 2015 revenues.

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Elevating 3PL Providers to Partners

Supply Chain Link

As shippers evaluate opportunities in the supply chain for efficiencies and growth, utilizing a 3PL as more than a provider, but as a partner, can create collaboration. Supply Chain 3pl

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Your 3PL as Supply Chain Risk Management Partner?

Talking Logistics

This is a great opportunity for you to enhance your value proposition and grow your business, but only if align your talent, technology, and assets to move past the traditional definition of a 3PL and truly become a supply chain risk management partner.

7 Advantages of a Non-Asset-Based 3PL Provider

Cerasis

However, when you decide to take the jump to outsourcing, you will have to choose between an asset-based and non-asset-based third-party logistics provider (3PL). But, a non-asset-based 3PL provider may offer much more than you realize, including these seven key benefits. The first advantage of a non-asset-based 3PL provider is knowledge and experience. As a result, you need a flexible solution, and non-asset 3PLs can meet that demand, asserts 3PL Info.

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Capacity Crunch Strategies: How Does a 3PL Aid a Shipper in a Shipping Capacity Crunch?

Cerasis

However, a third-party logistics provider (3PL) can help shippers persevere through the tough times with these capacity crunch strategies. . This is where a 3PL can help mitigate much of the stress during a shipping capacity crunch, explains Thomas Griffin of Inbound Logistics. .

The 3PL Industry is Suffering from Gresham’s Law

Talking Logistics

Below is an excerpt from the paper where we argue that the 3PL industry is suffering from Gresham’s Law , an economic principle that states bad money will drive good money out of circulation. Discusses our premise that the 3PL industry is at a tipping point, using the analogy of Grehsam’s Law.

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How to Capture Full Divestiture Value with a 3PL

Talking Logistics

Today, shippers face increased regulations, unstable market conditions and capacity concerns that make it near impossible for a newly divested company to achieve all of its goals without the expertise and support of a third-party logistics (3PL) provider. A 3PL provider offers customers with outsourced, or “third party,” logistics services for part or all of their supply chain management functions.

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3PL Logistics Companies Up Services to Continue to Meet the Needs of Shippers

Cerasis

Although 3PL Logistics Companies or 3PLs were around before the recession, companies realized the short-term savings of outsourcing logistics, transportation, and freight management to 3PLs quickly, and the age of the rise of the logistics provider was born.

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Prepare your ERP for 3PL

The Logistics of Logistics

Prepare your ERP for 3PL. Adopting a 3PL (third party logistics) provider model is common practice as businesses seek to exploit value throughout the supply chain. When you want to prepare your ERP for 3PL this is no small oversight. System integration facilitates a seamless flow of information between your business and your 3PL so that they can truly work as an extension of your business. That means it absolutely critical to a successful 3PL model.

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What are the main 3PL Services?

The Logistics of Logistics

We have the same problem in the 3PL business. We are surrounded by so many different types of 3PLs and 3PL services. So what is a 3PL? What are the 3PL Services? The post What are the main 3PL Services? Admiral E.

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[INFOGRAPHIC] eft Launches annual 3PL Selection and Contracting report

Cerasis

All of these these showed up on the key findings of the eft 3PL Selection and Contracting report. It is refreshing to see that which we are following and writing about is in line with what shippers are demanding from their 3PL. 3PL Logistics 3pl selection

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Opinions on Outsourcing: Whose WMS Should Be Utilized When Outsourcing to a 3PL?

PLS Logistics

3PL Supply Chain Visibility Customer Experience Omni-Channel WMS Warehouse Management SystemsAn efficient warehouse management system (WMS) is an invaluable part of a company’s distribution strategy. As omnichannel fulfillment becomes increasingly more popular and complex, WMS systems are too.

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Are You Asking Enough of Your 3PL?

Logistics Viewpoints

If you’re a shipper considering outsourcing the management of your supply chain to a 3PL, there are certain core capabilities you should be sure the partnership will bring before entering into it. You’ll want to learn who the 3PL is at […].

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The Top 7 Most Popular 3PL Blog Posts of 2014

Cerasis

The 3PL industry is experiencing growth as shippers and companies turn to logistics experts for various facets of the supply chain so the manufacturing and distribution companies may focus on their core. The Most Popular Blog Posts in the 3PL Category By Pageviews for 2014.

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5 Ways Your 3PL Can Help You Meet E-commerce Challenges

Saddle Creek Logistic Services

A 3PL can help, Saddle Creek’s Perry Belcastro, vice president of fulfillment services, explains in the latest issue of Inbound Logistics. The post 5 Ways Your 3PL Can Help You Meet E-commerce Challenges appeared first on Saddle Creek Logistics Services.

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5 Engagement Strategies in Managing a Relationship With a Transportation Management 3PL

Cerasis

When selecting a transportation mangement 3PL to aid you in a robust and effective transportation management strategy , defining the rules of engagement is critical to success. We've built a deep checklist to understand first before you go about engaging with a 3PL. When you do engage and hire a 3PL for effective transportation management, it is vital that you look at this relationship as a partnership and not a commodity. However, the 3PL’s success depends upon your success.

Key Takeaways from the 3PL Value Creation Summit 2016 hosted by Armstrong & Associates, Inc.

PINC YMS

On October 18-20, Armstrong & Associates and Infocast held the fourth annual 3PL Value Creation Summit in Chicago, Illinois. The summit featured dynamic panel discussions from 3PL, investment, and technology industry leaders. technology transportation supply chain logistics 3PLBelow are some of the key takeaways captured from the discussions.

Embedded 3PL Relationship: What is it & Why is it Vital to Ultimate Shipper Success?

Cerasis

Like any outsourced partnership to a service and technology provider, such as in a 3PL relationship, it is vital that all sides are on the same page and speaking the same language in the way of goals, desired outcomes, strategy, and execution for whatever the customer and the outsourced provider are trying to achieve. This model, I like to call an "embedded 3PL relationship.". So, then, what is an Embedded 3PL Relationship? Embedded 3PL Relationship Example.

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Is a 3PL Service Provider Right for Your Company? 4 Questions to Ask Yourself

Cerasis

Recently, they started a series featuring MBAs in the supply chain space , and this post really stood out to us as Cerasis is a 3PL service provider focused on Transportation Management. . 4 questions to ask when determining if a 3PL Service Provider is right for your company.

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What are the main 3PL Services?

The Logistics of Logistics

We have the same problem in the 3PL business. We are surrounded by so many different types of 3PLs and 3PL services. So what is a 3PL? What are the 3PL Services? The post What are the main 3PL Services? Admiral E. King famously said “I don’t know what the hell this “logistics” is that Marshall is always talking about, but I want some of it.”. Since he was an admiral, I am pretty sure somebody got Mr. King some logistics.

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3PL Executive Insights from MercuryGate User Conference 2013

Talking Logistics

That was the main theme of a panel session I led at last month’s MercuryGate User Conference 2013 , which included the following 3PL executives: Shelli Austin , VP at Integrated Distribution Services (IDS). What is the path to building successful and lasting 3PL-customer relationships?

In House Logistics vs. Outsourced Logistics: Big & Small Brands Alike are Targeting 3PL Services

Cerasis

Yet in outsourced logistics simply refers to hiring a third-party logistics service, 3PL, to handle the logistics services. From securing inventory to transporting goods from Point A to Point B, 3PL are taking over as in-house logistics teams fall flat. Benefits of a 3PL.

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7 Strategic Performance Business Practices with 3PL KPIs and 4 KPI Problems to Solve

Cerasis

We continue our series on understanding the 3PL KPIs (Key performance indicators) from 3PL consultant, Chuck Intrieri of The Lean Supply Chain as it relates to the engagement with a 3PL. Today we will first point out on a deeper level strategic performance business practices that you may conduct in order to better track 3PL KPIs. 7 Strategic Performance Business Practices to Provide the Ability to Manage 3PL KPIs. There must be some of the 3PL KPIs for I.T.

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Getting the Full Value Add from 3PL Services by Avoiding Commoditization or Transactionalism

Cerasis

If you are a logistics manager seeking options for a partnership with a 3PL services provider or looking to optimize the 3PL solution, then understanding the expansion of the holistic approach that some 3PLs offer will help you select an option that best suits your company.

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Google Will Acquire a 3PL – And Other Supply Chain and Logistics Predictions for 2015

Talking Logistics

So, here is my invented future for 2015, starting with my most audacious prediction: Google will acquire a logistics service provider (3PL) and/or a logistics software vendor. Develop a Shared Vision Statement with Your 3PL.

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