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

GlobalTranz

In the age of e-commerce, maintaining the status quo will result in failure, disgruntled customers and added expenses, but shippers that leverage 3PL resources to apply transportation management best practices for e-commerce , as listed below, can navigate the issues that arise in e-commerce and achieve sustained profitability. As a result, shippers must understand the transportation management challenges in e-commerce. Let the 3PL’s experience and reputation do the talking.

The Ultimate Guide to a 3PL Business

GlobalTranz

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

GlobalTranz

This is our 9th post in our strategic transportation management and logistics series. 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. Why A Successful Transportation Management Program Is Empowered By Data.

3PL Basics: The 11 Transportation Services with Jeremy Thone

The Logistics of Logistics

3PL Basics: The 11 Transportation Services with Jeremy Thone. Joe Lynch and Jeremy Thone discuss the 3PL basics: the 11 transportation services provided by 3rd party logistics providers. About 3PL Systems. 3PL Systems, Inc. 3PL Systems’?

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Top 3PL companies in Chicago

TradeGecko

Today, the city remains vital to the nation's transportation grid, with the Chicago logistics hub being a key component of the global economy. Much of this success is owed to the growth of third party logistics (3PL) companies.

How to Choose the Right 3PL TMS Software for Your Business

3GTMS

The post How to Choose the Right 3PL TMS Software for Your Business appeared first on 3GTMS. 3PL TMS supply chain visibility transportation management software

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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.

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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Why 3PL Relationships are Fraught—And How to Manage Them

Logistics Bureau

Third-party Logistics (3PL) companies are often accused of providing such poor service that their relationships with clients break down. In reality, though, there’s a host of reasons why 3PL relationships turn sour—and very often the blame can be laid at the door of the client.

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

GlobalTranz

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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What a 3PL Should Look For When Buying a Transportation Management System

Logistics Viewpoints

One of our clients, a third parth logistics (3PL) company, will buy a transportation management system (TMS). The post What a 3PL Should Look For When Buying a Transportation Management System appeared first on Logistics Viewpoints: A Blog for Logistics, Supply Chain, and 3PL Executives. Logistics Service Providers Logistics Software Vendors Transportation Management Systems

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

GlobalTranz

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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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. Types of 3PL Warehousing. The dedicated 3PL model. The shared 3PL model.

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

GlobalTranz

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. There are some 3PLs who perform niche tasks, like Cerasis does with transportation management for over the road modes like LTL, Truckload, and small package.

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Managing 3PL Ecommerce Fulfillment: Purpose, Problems, and Profits

SCJunction

WMS Managing your warehouse 3PL eCommerce Warehouse optimisation

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Is the 3PL Industry Becoming Barbell Shaped?

Talking Logistics

The road to Coyote’s IPO has been paved with various acquisitions, including Access America Transport, which the company acquired last March (read my commentary here ). 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.”.

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Improving the Transportation Solve: Jointly Optimizing across Inventory and Transportation

Logistics Viewpoints

They can buy and implement a transportation management system (TMS). 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 TMS

The Rise of the Consultative 3PL

Logistics Viewpoints

In order to meet their customer’s demands, remain competitive, and manage volatility, shippers are seeking personalized solutions, end-to-end visibility, cost controls, often through a single 3PL partner. The post The Rise of the Consultative 3PL appeared first on Logistics Viewpoints. Logistics Outsourcing TransportationIt’s no secret that shipper’s needs are changing.

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

GlobalTranz

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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What a 3PL Should Look For When Buying a Transportation Management System

Logistics Viewpoints

One of our clients, a third parth logistics (3PL) company, will buy a transportation management system (TMS). The post What a 3PL Should Look For When Buying a Transportation Management System appeared first on Logistics Viewpoints: A Blog for Logistics, Supply Chain, and 3PL Executives. They asked us what they should look for in the product demonstrations.

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

GlobalTranz

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. Benefits of a 3PL.

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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. Starting about a year ago, I started working with third-party logistics companies, transportation guys, logistics guys, helping them improve their sales through lead generation and some innovative sales strategies. I’ve been calling it a 3PL sales platform.

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How Important is Talent When Selecting a 3PL?

Talking Logistics

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. 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.

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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.

The 3PL Dedicated Advantage

Supply Chain Link

The transportation industry is evolving as shopping trends and shipping needs change with time. Supply Chain Transportation 3pl Dedicated FleetsE-commerce and rapid delivery have resulted in varying shipping capacities and unexpected industry twist and turns. Capital expenditures, the driver shortage, and changing regulations can pose challenges to shippers, especially to those that operate private fleets. To address these challenges and. READ MORE.

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

GlobalTranz

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

GlobalTranz

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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The 3PL Industry is Suffering from Gresham’s Law

Talking Logistics

This troubling trend is explored in more detail in a new white paper published by the University of Tennessee Center for Executive Education titled, “Unpacking Risk Shifting: A White Paper Challenging Unreasonable Risk-Shifting in the Transportation and Logistics Industry.” 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.

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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.

Report Points to Increase of Shippers Outsourcing Transportation Management Due to These 4 Core Benefits

GlobalTranz

This is especially true when outsourcing transportation management, as transportation can include a large part of your overall supply chain and business costs. Consider the many shippers who have outsourced transportation management and other logistics functions to third-party logistics (3PL) providers the past few years. Worldwide, four specific industries will account for much of the upcoming 3pl growth. percent of all 3pl demand.

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

GlobalTranz

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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How Freight & Transportation Data Can Trim Your Transportation Spend

GlobalTranz

When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Luckily, this isn’t the case for transportation data. With the services of a trusted 3PL and a good transportation management system (TMS), you can glean an abundance of data around activities and practices related to your transportation department. Accurate freight and transportation data is particularly important.