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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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.

Lean Inventory: Using Lean Initiatives To Manage Inventory

Cerasis

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. What is Lean Inventory Management? Attributes of Lean Inventory Management.

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3PL Fulfillment Prices! (Infographic)

Supply Chain Game Changer

Growing e-commerce fulfillment demands and costs have collided to bring about an uptick in average 3PL fulfillment prices within the outsourced fulfillment industry, as was evidenced by FulfillmentCompanies.net’s annual poll of 500+ warehouses across the US. The post 3PL Fulfillment Prices!

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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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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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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? Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding.

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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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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.

Year 2025 – The Future of the 3PL Industry with Andrew Kelley

The Logistics of Logistics

01:54] What will the 3PL industry look like in 2025? A non-traditional 3PL is Amazon, who is both a customer and a competitor to some of the other domestic 3PLs. Consolidation will be one of the ways the upper half of the 3PL industry will better compete. 17:29] Ordering from sites like Amazon makes people think “why am I not getting this level of service from my 3PL?” They want to find a 3PL because they will know how to manage all of this already.

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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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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? Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding.

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What is a 3PL & How Can They Benefit Your Business?

CH Robinson Transportfolio

What is a 3PL & How Can They Benefit Your Business? So what exactly is a 3PL? So what exactly is a 3PL? Typically, 3PL providers are integrated into a company’s warehousing and transportation procedures. It’s always up to you just how much a 3PL helps with.

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Improving the Transportation Solve: Jointly Optimizing across Inventory and Transportation

Logistics Viewpoints

Or they can outsource transportation planning and execution to a 3PL that provides managed transportation services (MTS). Food & Beverage Industry Inventory Management Logistics Outsourcing Supply Chain Optimization Transportation Management Systems inventory Mananged Transportation optimization TMSWhen a company is looking to reduce their freight spend, while maintaining or improving service levels, there are two main paths they can take.

14th Annual 3PL Summit – Europe

Supply Chain Movement

14th Annual 3PL Summit – Europe. The 3PL Summit & Chief Supply Chain Officer Forum is Europe’s largest meeting of 3PL Providers and customers featuring the biggest industry thought leaders and hard-hitting sessions exploring new opportunities, technologies and markets in logistics. The 3PL Summit is the one event that you can’t afford to miss: The 3PL Summit has been the industry’s cornerstone conference and annual meeting-place for 14 years in a row.

The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI

Cerasis

Editor’s Note: Cerasis is a 3PL focused on transportation management. So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. We never ran out of or had too much inventory.

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? Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding. What are the 3PL Services? Vendor Managed Inventory. The post What are the main 3PL Services? Admiral E.

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9 Benefits of Effective Reverse Logistics Process & 5 Advantages of Partnering with a 3PL

Cerasis

Advantages of Partnering with 3PL for Reverse Logistics Management. Organizations that partner with a sophisticated third-party logistics service provider (3PL) benefit from greater controls over the entire supply chain resulting in improved inventory management, increased visibility, reduced costs and enhanced risk management.

New 3PL Study: The State of Logistics Outsourcing

Supply Chain Movement

Both parties view themselves as being successful, and shippers are seeing positive results again this year: an average logistics cost reduction of 9% an average inventory cost reduction of 5% and an average fixed logistics cost reduction of 15%.

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Vendor Managed Inventory Model for Supply Chain Cost Reductions

Cerasis

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan.

5 Crucial Software Every 3PL Company Needs To Have

Abivin

Introduction Third-party logistics provider (3PL) is a company that provides outsourced logistics services to other organizations. In the past years, activities of logistics have increased and particularly outsourcing services to 3PL providers.

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3PL Subway 2015: Strategic movements among logistics providers

Supply Chain Movement

For the third consecutive year, Supply Chain Movement has put together a 3PL Subway Map Europe showing the specific services of the most important logistics service providers which have offices in several European countries. >>Please SCM 3PL Subway 2015.

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9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL

Cerasis

Here are the 9 key topics to understand in the relationsihp between the shipper and the 3PL. To be unified is to collaborate and trust the shipper/customer Third Party Logistics Service Provider (3PL) relationship. For example: Inventory Record Accuracy has to be 98-100% accurate daily. Communication should be daily by the customer/shipper project leader/point person of the shipper, and the project leader/point person of the 3PL.

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CSCO Forum / 3PL Summit 2013

Supply Chain Movement

Chief Supply Chain Officer Forum/ 3PL Summit. This year’s topics will include: Expand Your Omnichannel Retail Capabilities to Optimize Inventory & Increase Sales – Prepare your business for this retail revolution by improving network efficiency, and collaborating with your distribution partners. Events 3PL Summit CSCO Forum event Date: 12-14 november 2013. Venue: Steigenberger Airport Hotel, Amsterdam. Organisation: Eyefortransport. URL: [link].

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Reverse Logistics and the Power of Your 3PL!

Supply Chain Game Changer

Expak Logistics is a third-party logistics (3pl) company working on the industry’s cutting edge, helping retail businesses streamline their reverse logistics operations, controlling costs and creating a vastly more efficient operation in the process. Subscribe Here! Email Address.

How this Company Grew Visibility with a 3PL Partnership

PLS Logistics

Without visibility, deliveries are slower, inventory management suffers and it’s more difficult to manage risk. A common transportation challenge of B2B and B2C businesses is lack of supply chain visibility.

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[e-Book] How to Work with a 3PL, The Benefits of a 3PL, & the Future Trends of the 3PL Industry

Cerasis

In this installment, we’ll talk about How to Work with a 3PL, The Benefits of a 3PL, & the Future Trends of the 3PL Industry. economy has given way to a period of rapid change within the third-party logistics (3PL) sector. Arguably more diversified and sophisticated than ever, the 3PL sector is seeing an emergence in more 4PL partnerships, resulting in deeper, more strategic relationships. 3PL e-Books Logistics

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Warehouse Cost Reductions: 3 Understandings Driven By Inventory Management & Lean Principles

Cerasis

Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. These are based on my 40 years working in operations at Schwinn and other companies as well as consulting many companies on how to select the best 3PL for my client's needs.

What is the Best E-Commerce Order Fulfillment Service for You? Amazon FBA or 3PL?

Supply Chain Game Changer

Let’s look at the pros and cons of using either Amazon FBA (Fulfillment By Amazon) or a 3PL for your fulfillment needs. With Multi-Channel Fulfillment , you can fulfill orders from other sales channels using your inventory stored in Amazon order fulfillment centers.

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Top 6 Reasons to Use a 3PL for Fulfillment

3PL Insights

When choosing a 3PL, it’s important to be picky. A good 3PL will not only increase quality and reduce mistakes, but will also create an opportunity to review and simplify your supply chain processes. Here’s a few reasons to use a 3PL when you’re learning how you can leverage your 3PL to improve your fulfillment strategy. Shipping and handling quality is improved when using a 3PL. The core competency of any standard 3PL warehouse is shipping and handling.

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Don’t Let Your RFT be a 3PL Solution Designer’s Nightmare

Logistics Bureau

At their best, third party logistics (3PL) companies provide new and innovative ways to improve logistics effectiveness. So why do so many shippers run into relationship difficulties with their 3PL partners? Let’s take inventory management as an example.

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Is Your Company on top of its Inventory Planning Game?

Logistics Bureau

Good inventory management, like everything else, starts with good planning. But planning isn’t just the start; it’s the very foundation of effective inventory control. Inventory planning also happens to be an area that many companies fail to prioritise sufficiently.

The Keys to a Successful 3PL Partnership

The Logistics of Logistics

The key ingredients to a successful 3PL partnership are collaboration and trust between the customer and 3PL. The 3PL wants to help the customer, but has much more to offer than just Cost Reduction. Since the 3PL is the specialist in Logistics they can offer: LEAN, 5S, Six Sigma, OSHA guidelines, LTL/TL assistance, Inventory Integrity, faster turn aound to the customers of the partner, just to name a few initiatives.

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How 3PL providers can fight commoditization and drive innovation

Quintiq

The question on every 3PL provider’s mind today seems to be: How can we stand out from the crowd and avoid getting trapped in a price war? However, the majority on both shipper and 3PL sides do not have plans for them in the immediate future.

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Control Towers: If Only There Was A Clear Definition

Supply Chain Shaman

Contract manufacturing or 3PL data often will have a 24-hour latency due to batch integration. For example, only 29% of manufacturing companies can access total cost data and 31% struggle to see the impact of business decisions on inventory. We finished dinner.

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