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) is the function by where the owner of goods outsources numerous components of the supply chain to a 3PL company that can perform the management function of the clients’ customs, inbound freight, distribution, warehousing, order fulfilment and outbound freight to the client’s customers.

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How Flatbed Shippers Can Benefit From a 3PL

PLS Logistics

Blog 3PL 3pl logistics flatbed flatbed shipping flatbed shipping dimensionsFlatbed shipments are essential for industrial businesses. Large and overweight freight requires advanced management due to its complex nature. With increased safety requirements, the need for better visibility into the supply chain and proper shipment analysis are all essential for successful flatbed shipping. To eliminate all the challenges and optimize flatbed shipping processes, companies can […].

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Utilizing a 3PL to Apply Transportation Management Best Practices For E-Commerce

Cerasis

The Benefits of Using a 3PL in the Realm of E-Commerce Entering the realm of e-commerce is comparable to a “Dungeons & Dragons” event. Working with a 3PL can open the doors to new carriers and vendors, enabling a faster shipping process for e-commerce orders.

What to Look For in a 3PL

Freight Center

But how do you know you’re choosing the right 3PL for your shipping needs? What Should I Look for in a 3PL Relationship. If you’re a small to midsize company, a good 3PL will be your personal shipping department, saving you time and money so you can focus on growing your business.

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Top 3PL companies in Chicago

TradeGecko

Much of this success is owed to the growth of third party logistics (3PL) companies. From its earliest days as a Native American portage location, the site that would later become Chicago has long served as a logistical linchpin for expanded trade. Today, the city remains vital to the nation's transportation grid, with the Chicago logistics hub being a key component of the global economy.

The top 3PL companies in Minnesota

TradeGecko

What is 3PL ? With a 3PL firm handling tasks such as transportation, storage and transportation, eCommerce sellers can concentrate on sales, marketing and customer experience. Third-party logistics companies simplify the supply chain system for suppliers and sellers. 3plcompanies

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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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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Survey Finds Significant Success in the 3PL Industry Across the Supply Chain Industry

Cerasis

This post is from a press release sent to us regarding the recent survey of the 3PL industry. As you know, the word 3PL conjures up over 50 shades of grey in the types of answers you will receive. For Cerasis, a 3PL is any company that provides technology or services to carry out any of the functions of the supply chain. No matter what type of 3PL there is, each brings value to their customers. Survey Points to Continued Success of Shippers and the 3PL Industry.

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Is the 3PL Industry Becoming Barbell Shaped?

Talking Logistics

As the Coyote stated in the press release , “upon closing of the [AAT] transaction, the combined company will be one of the largest 3PL service providers in North America with run rate revenues of over $2 billion, 17 North American locations, approximately 40,000 contracted carriers and approximately 1,750 employees.”. And we’ve also seen two large 3PL acquisitions in recent weeks, both originating in Asia: Japan Post Holdings Co. 3PL Mergers/Acquisitions APL Logistics C.H.

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The top 3PL companies in Singapore in 2020

TradeGecko

Third-party logistics providers ( 3PL ) are widely used by businesses in Singapore and globally. 3PL refers to any third-party business used to outsource any part of a company’s distribution or fulfilment services.

Top 3PL Companies Florida

TradeGecko

Third-party logistics providers, or 3PLs, provide outsourced services to help a business manage all or parts of its supply chain and logistics operations. These 3PLs offer services to manage order management, warehouse services, fulfillment management, packing, shipping and more. Logistics

3PL Warehousing 101

Kanban Logistics

While you can build and staff your own warehouse and perform these services yourself, more and more companies see the value in handing warehousing operations off to a third-party logistics (3PL) provider. In this article, we’ll examine all that 3PL warehousing entails, while helping you find a 3PL partner that’s right for your business. Types of 3PL Warehousing. The dedicated 3PL model. The shared 3PL model. 3PL contracts and responsibilities.

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More than storage: What warehouse services can a 3PL provide?

Kanban Logistics

When it comes to warehousing, many companies eventually outgrow the “do it yourself” model and choose to hand the reins over to a third-party logistics (3PL) professional. As we discussed in our “3PL warehousing 101” article, there are three basic types of warehousing available to you.

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. Third-party logistics, or 3PL, is an industry on the rise thanks to the constant innovations in complementary industries like telecommunications, data analytics, and cloud technologies.

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The Biggest Mistake When Selecting a 3PL

Talking Logistics

One of our most popular Talking Logistics episodes of all time is Important Factors to Consider When Evaluating and Selecting a Third-Party Logistics (3PL) Partne r (6,220 views to date), which we summarized in a follow-up post and also included in our first Talking Logistics YOUniversity course, Fundamentals of Selecting and Working with 3PL Partners. First, what is the biggest mistake companies make during the 3PL selection process?

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3PL Sales Platform Interview

The Logistics of Logistics

Today I’m looking forward to hearing your views on a 3PL sales platform. I found myself being the general manager of a nonasset-based 3PL here in Michigan, where I live. I’ve been calling it a 3PL sales platform. While I was working as the GM of a 3PL, I was responsible for sales, and I had made some pretty good sales myself, but it was mostly through personal contacts I had made over a lifetime. Can you talk about the benefits of a 3PL sales platform?

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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. You will want to gain insight into what differentiates one 3PL from another, what core capabilities they offer and what skills do they have in developing strategies and thought leadership.

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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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How Important is Talent When Selecting a 3PL?

Talking Logistics

The post How Important is Talent When Selecting a 3PL? 3PL Above the Fold News logistics outsourcing talent third party logistics TransplaceLast week, Transplace (a Talking Logistics sponsor) announced the appointment of Tracy Rosser as the company’s executive vice president of operations. According to the press release: Rosser comes to Transplace after more than 22 years at Walmart, where he most recently served as senior vice president of transportation and supply chain.

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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.

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. As the distributor for these popular cowboy boot brands, Justin Brands is looking to outsource logistics functions to 3PL services in order to streamline their logistics system. 3PL Experts Expand Horizons for Companies.

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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. The post Your 3PL as Supply Chain Risk Management Partner? 3PL Supply Chain Risk Management Accenture Deloitte logistics logistics service providers

3PL 2020 Trends: The Year of Tech & Services to Move Shippers Forward

Cerasis

Recently, 3PL Central had the honor of sponsoring the annual state of third-party logistics (3PL) report. The top 3PL 2020 trends include a major.read More. 3PL Trends 3PL 2020 Trends

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Benefits of Partnering with a 3PL

Freight Center

That’s where partnering with a 3PL can help. From getting expert insight into the freight industry to booking lanes at the most affordable rates available, the benefits of partnering with a 3PL far outweigh going it alone! Freight Shipping 3PL Third-Party Logistics eCommerce Shipping

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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. In this context, good Third Party Logistics (3PL) providers are being driven away as Global Shippers and Consignees (GSCs) seek extreme commoditization of transportation and logistics services and also apply bad contracting practices to them. Develop a Shared Vision Statement with Your 3PL.

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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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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. However, the economy is on the mend, and the need for immediate cost savings and lean solutions is starting to take the backburner to how 3PL Logistics Companies could benefit shippers through long-term relationships.

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Lean on a 3PL to avoid warehouse staffing challenges

Kanban Logistics

In this article, we’ll examine 4 labor-related benefits that come with entrusting your warehousing operations to a third-party logistics provider (3PL). As such, the staffing challenges that come along with those operations become your 3PL’s responsibility, not yours. Outsourcing 3PL

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The top 7 3PL companies in New Jersey

TradeGecko

Third-party logistics or 3PL companies allow eCommerce businesses to outsource logistics services such as warehouse management, delivery and order fulfillment. Additionally, 3PL companies provide logistics services related to the supply chain. This frees up your time to focus on growing your business. Typically, this includes transportation, picking and packing, packaging and freight forwarding. 3plcompanies

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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4 Steps for Establishing Healthy 3PL Relationships!

Supply Chain Game Changer

What is a 3PL? The key to establishing healthy 3PL relationships starts with quality of the information that is provided at the time the request for a proposal (RFP) is submitted. If you ask any 3PL service provider you will find that the lack of quality information provided in RFPs is one of their greatest frustrations. Another important aspect of establishing healthy 3PL relationships is developing and implementing a detailed transition plan but I will come to that later.

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5 Steps for Sustaining Healthy 3PL Relationships!

Supply Chain Game Changer

4 Steps for Establishing Healthy 3PL Relationships! The key to sustaining healthy 3PL relationships is very much dependent on the person that is given the role to manage the relationship with the 3PL service provider. One of the biggest mistakes that many organizations make when they move from the DIY to 3PL model is in the selection of the person they choose to manage the relationship. Understanding the 3PL’s Organization. What is a 3PL?

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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? Then you know that sometimes you can be overwhelmed with all the orders and the urgent need to meet all the delivery requirements, whether it’s the material needed for production or a final delivery to your customer.

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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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