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Real-World Scenario: Best Practices for Warehouse Contracts: Part One

GlobalTranz

In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider. This two-part blog series will take you thru the RFP questions along with the answers you'd expect to see from the 3PL. 3PL Answer 1. The Client Details. KPIs Question 1.

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

GlobalTranz

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

GlobalTranz

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. 3PL/Shipper/Customer Rewards. 3PL/SLA Skills/Knowledge. 3PL/SLA Skills/Knowledge. Collaboration.

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Managing a Third Party Logistics Partnership

The Logistics of Logistics

When you have chosen a 3PL partner, insure that you have an effective Service Level Agreement (SLA) with accompanying Key Performance Indicators (KPIs) to manage the Service Level of the 3PL. This SLA/KPI has to be negotiated and agreed upon by you and your 3PL partner.This negotiation time can take three (3) to Six (6) months.

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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. But while 10-15 years ago shippers would engage with 3PLs simply as a means to access technology, that technology is much more ubiquitous and more readily accessible today.

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Lean Inventory: Using Lean Initiatives To Manage Inventory

GlobalTranz

Perfection (Lean principle: Six Sigma) : Continuously refine your inventory management processes to improve quality , cycle time, efficiency and cost ( Six Sigma: DMAIC. In the 1980s, the concepts of Total Quality Managements (TQM) and Six Sigma that were advocated for by W.

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Warehouse Automation Reflections for 2024 and What Lies Ahead in 2025: Part 2/3

Locus Robotics

The complexity of global supply chains and the pressure to scale quickly will lead more businesses to rely on 3PLs. By leveraging 3PL expertise, companies can adapt swiftly to fluctuating consumer demands. According to Armstrong & Associates, the global 3PL market is expected to surpass USD 1.75