Third-Party Logistics Services & 3PLs Explained

GlobalTranz

Many shippers have realized that working with a third-party logistics provider (3PL) leads to more efficiencies and cost savings. There are a variety of third-party logistics services available, making it particularly important to choose the right one.

FAQ: Third-Party Logistics Services & 3PLs

GlobalTranz

FAQ: Third-Party Logistics Services & 3PLs. What role do 3PLs play in the greater logistics industry? Logistics and transportation operations are an essential part of the supply chain process. What logistics services and modes do 3PLs offer?

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Third-Party Logistics Services Providers

Abivin

The System of Logistical Services Since 80% of the traffic handled by the UPS system is business to business, it primarily serves companies. Only with tight control over the logistical chain can this be possible. A significant growth area is the established logistics expertise.

Third Party Logistics

LeanCor

5 Things You Should Expect From Your Third Party Logistics Provider. The new role of the third party logistics provider will not just be to transport and store, but rather to serve as a trusted partner in the lean journey by identifying problems, implementing solutions, and adding value in global and complex supply chains. Here are five key things you should expect from your third party logistics provider.

Third Party Logistics

LeanCor

Logistics can be quite complicated and there are many potential failure modes between the order and delivery. Without an effective third party logistics provider in place, the system can break down and the inbound part or outbound final product won’t arrive in time. Many third party logistics providers claim to be lean through their marketing messaging and sales proposals. Logistics networks are complicated. What Makes a Provider Truly Lean?

2021 Third-Party Logistics Warehouse Benchmark Report

Supply Chain Brain

The Third-Party Logistics Warehouse Benchmark Report provides insights on 30+ strategic topics ranging from growth opportunities, profitability, the labor shortage, warehouse space constraints, technology, success measurements, and more

Managing a Third Party Logistics Partnership

The Logistics of Logistics

Chuck specializes in Supply Chain Optimization, Third Party Logistics (3PL) and International Purchasing and Importing Consulting. The post Managing a Third Party Logistics Partnership appeared first on 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.

Third Party Logistics Services

LeanCor

The process of getting the right product to the right customer at the right time is the job of effective logistics. Every company that produces a product for consumers or other businesses must deal with the issue of the supply chain, or logistics. Over the past few decades, energy and other costs have combined to make logistics a major cost for many companies. Logistics is a multi-billion dollar business that requires a new level of discipline and attention.

The State of Third Party Logistics: The Future is Already Here

GlobalTranz

The State of Third Party Logistics: Technology Innovations Driving a Service Mindset. At the rate new technologies are cropping up, some of them specifically targeting the logistics market, there will soon come a time when almost the entire logistic process will be automated – needing human intervention only for critical tasks. The Dizzying Speed of Technology Driving the State of Logistics Now & In the Future.

The Cold Chain is a Top Opportunity for Third-Party Logistics Providers

Logistics Viewpoints

Covid Vaccine Issues Put an Increased Foucs on Cold Chain Logistics . The 26 th Annual Third-Party Logistics Study – sponsored by NTT Data, Penske, and Penn State – was released a week ago. Cold Chain Logistics is Challenging.

Third Party Logistics Company

LeanCor

When dealing with the inherent complexities of supply chain logistics, many companies come to a point when they may wish to use a third party logistics company to manage their supply chain. Using a third party logistics company to manage the supply chain frees up your company’s resources and allows your business to focus on its own core competencies.

All Third Party Logistics Providers Are Not Created Equal

Supply Chain Network

My initial involvement in the Third Party Logistics business was early in 1993 when I became the first Director of Development for Tibbett & Britten Group in North America. More than 20 years later the Third Party Logistics or 3PL business continues to grow around the world and therefore logistics professionals at almost all firms? Emerging Trends New Ideas Third Party Logistics

10 Factors for Picking a Great Third-Party Logistics Service Provider in 2022

BR Williams Supply Chain Management

Selecting the right third-party logistics service provider can be a challenging experience for companies. Avoid a potential logistics nightmare by using these ten essential elements in selecting your perfect third-party logistics service provider or 3PL.

2022 State of the Third-Party Logistics Industry Report

Supply Chain Brain

From combatting supply chain disruptions and creating new omnichannel fulfillment strategies to benefitting from the evolution of 3PLs, 4PLs, and cutting-edge technology, 2022 could be one of the most important years ever for businesses looking to play a pivotal role in how consumers receive goods

The Importance Of Third Party Logistics Services And What They Include (The BR Williams Difference)

BR Williams Supply Chain Management

National Logistics Day is today ( June 28th! ), and it is the perfect time to honor the services of the hardworking professionals in the logistics sector. A third-party logistics company is an outsourced option for gaining assistance in picking, packing, shipping, and storing products.

The Future of Third-Party Logistics Beyond COVID: Where Do We Go from Here

BR Williams Supply Chain Management

To understand what’s going on with third-party logistics , we had an extensive discussion with four industry thought leaders at BR Williams. Third-party logistics providers (3PL) , even BR Williams, have difficulty sourcing the capacity the shipper community needs.

Expect MORE from Your Third Party Logistics Provider!

Supply Chain Network

Contrary to what many procurement professionals may think, all third party logistics providers are not created equal. And as retailers are pulled further and faster into the omni-channel future the need for advanced third party logistics providers will only continue to increase. The very nature of omni-channel means getting closer to the customer and when it comes to logistics this couldn’t be more true.

2013 Third-Party Logistics Study

Supply Chain Movement

The success of the third-party logistics industry is evident in the generally high marks given to 3PLs by respondents to a survey as part of the 2013 17th Annual Third Party Logistics Study, which identifies trends and explores how both 3PLs and shippers are using these relationships to improve and enhance their businesses and supply chains.

10 Factors for Picking a Great Third-Party Logistics Service Provider in 2022

BR Williams Supply Chain Management

Selecting the right third-party logistics service provider can be a challenging experience for companies. Avoid a potential logistics nightmare by using these ten essential elements in selecting your perfect third-party logistics service provider or 3PL.

6 Best Practices for Third-Party Logistics Companies to Differentiate From Competitors

Turvo

Finding a way to make third-party logistics companies stand apart from their competitors is like finding a needle in a haystack. Shippers want a few things—namely better service, lower rates, and more efficient logistics.

Shippers and 3PLs Take Supply Chains Forward by Going Back to Basics

CHAINalytics

NTT Data and Penske Transportation Solutions present the 2023 27th Annual Third-Party Logistics Study. Americas Blog Feature NTT Data Supply Chain Consulting 3PLs back-to-basics cold chain ESG Penske Transportation Solutions talent retention Third-Party Logistics Proividers

Redefining the Model for Third Party Logistics (3PL) Innovation

BlueYonder

According to the 2017 EFT Report, “ How to Thrive in a World of Commoditized Logistics ,” almost 48 percent of shippers reported they’re looking for new ideas and solutions from their 3PL providers. Leading 3PLs differentiate themselves by diversifying their services and becoming full-service logistics providers for their shippers beyond the traditional warehousing and transportation services. Get your copy of the Third Party Logistics Guide here.

Third party logistics synergy exceeds expectations

SnapFulfil

Leading omnichannel fulfilment company, 3P Logistics (3PL) Ltd, has renewed its cloud-based WMS contract with technology innovator Synergy Logistics.

Third-Party Logistics Provider Optimizes Their Network Despite Business Constraints

CHAINalytics

Our customer was a third-party logistics provider operating their own hubs, distribution centers, and a fleet of 350 trucks across … The post Third-Party Logistics Provider Optimizes Their Network Despite Business Constraints appeared first on Chainalytics.

Why Include a Third-Party Logistics Provider in Your Logistics RFQ?

Zipline Logistics

Running a formal bid process or requesting a logistics request for quote (RFQ) is common among large CPG shippers. Depending on your organization’s preference, the logistics RFQ process may be conducted once per year or every quarter. Who to Include in Your Logistics RFQ.

Your Guide to a Successful 3PL Implementation Strategy

GlobalTranz

When it comes to choosing a new third-party logistics (3PL) partner , one of the most common concerns we hear about is change management. Your logistics partner should help create communication templates you can send out to the rest of your team and company.

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Purolator wins Third-Party Logistics Sustainability Award for its work with Echo Global Logistics

Supply Chain Network

Purolator, Canada’s leading integrated freight and parcel solutions provider, is pleased to announce that it was recently awarded Logistics Quarterly’s 2011 Third-Party Logistics (3PL) Sustainability Award for demonstrating leadership in sustainable supply chain practices. Purolator received the prestigious award at Logistics Quarterly’s Sustainability Study and Awards Symposium held in Toronto on July 14. About Echo Global Logistics.

Redefining the Model for Third Party Logistics (3PL) Innovation

BlueYonder

According to the 2017 EFT Report, “ How to Thrive in a World of Commoditized Logistics ,” almost 48 percent of shippers reported they’re looking for new ideas and solutions from their 3PL providers. Leading 3PLs differentiate themselves by diversifying their services and becoming full-service logistics providers for their shippers beyond the traditional warehousing and transportation services. Get your copy of the Third Party Logistics Guide here.

Global study reveals increased use of third party logistics providers and outsourced logistics services key to success in emerging markets

Supply Chain Network

Capgemini Consulting, the global strategy and transformation consulting brand of the Capgemini Group, in cooperation with Penn State University, leadership advisory firm, Heidrick & Struggles and global logistics provider, Panalpina, today announced the findings of the 16th Annual Third-Party Logistics (3PL) Study, examining the global market for outsourced logistics. The logistics market. About the 2012 Third-Party Logistics Study.

The Ultimate Guide to 3PL Management

Shipsy

As per an online report, the global third-party logistics (3PL) market was valued at around USD 1trillion in 2020, and it is expected to reach more than USD 1.75 But what exactly is a 3PL and how does it impact end-to end logistics operations?

3PL 52

Retailers Offering 3PL Services: What Is Going On?

Talking Logistics

What is a third-party logistics provider (3PL)? appeared first on Talking Logistics with Adrian Gonzalez. What business are they in?

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[Infographic] 21st Third Party Logistics Study Shows Increased Use of 3PLs & Shippers

GlobalTranz

Third-party logistics providers are evolving in the wake of changing politics, increased public scrutiny and demand for more value-based, not asset-based, services. At the close of 2016, the 21 st Annual Third-Party Logistics Study found the overall use of third-party logistics providers ( 3PLs ) is increasing, but the types of logistics services utilized indicate the industry is entering a shift in how it operates.

Achieve Supply Chain Visibility With Efficient Technology Integrations

GlobalTranz

It should also offer data and reporting with insights into your logistics operations, including on-time deliveries, billing, transportation costs and trends related to shipments and rates. Blog Technology third party logisticsSupply chains are complex and ever evolving.

Produce Season 2022: What To Expect and How To Navigate It

GlobalTranz

This includes the benefits of working with a third-party logistics (3PL) provider that has experience creating produce season strategies. Blog Produce Season Trends third party logistics

Study Reveals Shippers and 3PLs Striving to Rebalance Supply Chains, Going Back-to-Basics

CHAINalytics

19, 2022 – Amidst the growing uncertainty of today’s global supply chain, the 2023 Annual Third-Party Logistics Study was released today, giving insight into the challenges and opportunities facing suppliers and third-party logistics (3PLs). John Langley Penske Logistics Reverse Logistics Shippers Third-Party Logistics Proividers

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Above the Fold: Supply Chain Logistics News (June 3, 2022)

Talking Logistics

Read more Above the Fold: Supply Chain Logistics News (June 3, 2022). The post Above the Fold: Supply Chain Logistics News (June 3, 2022) appeared first on Talking Logistics with Adrian Gonzalez.

5 Ways to Mitigate Rising Fuel Surcharges

GlobalTranz

We were also recognized by Inbound Logistics as a Green Supply Chain Partner for 2021. Blog E-Commerce Omnichannel Transportation third party logisticsThe cost of fuel is hitting record-breaking numbers.

Why Workforce Productivity for Third Party Logistics and Wholesale Distribution Can’t Just be an Operational Issue Any Longer – Part 1 of 3

BlueYonder

New practices have been proven by leading distribution and logistics providers that can reduce payroll costs by at least 5 percent, while increasing productivity and improving employee retention (source: JDA Value Engineering). This 3-part blog series will take a deeper dive into the importance of warehouse workforce management for wholesale distribution and third party logistics (3PLs) and how to create and sustain a high-performance workforce culture.

4 ways that 3PLs can help with supply chain optimization in 2022

West Coast and California Logistics

Now that logistics disruptions have become the new normal, at least temporarily, U.S. In this article, we’ll look at supply chain optimization efforts that companies are currently undertaking and explain how third-party logistics (3PL) providers can help.

Product Returns: Another Moment of Truth

Talking Logistics

The post Product Returns: Another Moment of Truth appeared first on Talking Logistics with Adrian Gonzalez. Industry Trends Retail Retail Trends 3PL B-Stock Solutions logistics Nulogy product returns Returns Management System ReverseLogix supply chain third-party logistics providers UPS