Third Party Logistics

While vendor compliance programs offer value in the form of improved intelligence and savings, the real value and greater savings are attained by identifying and mitigating potentially non-compliant activity before it occurs, rather than simply reporting on it after the fact. Improved vendor management offers several important implications to your business, including: improved customer service, minimized lost sales and significantly increased profits. Simply put, companies need to move beyond vendor compliance to develop strategic vendor management programs because seven-figure savings...

This Market Spotlight combines past research with current thinking about the challenges that continue to face manufacturers. It also discusses how visibility defined, and then enabled through cloud-based collaborative networks, can be a powerful tool in both solving existing business problems and anticipating new ones.

We examine how warehouse and distribution center design and operations have evolved to play a critical role in meeting overall business objectives in today’s multi-channel world.

Chances are, like most logistics professionals, you're looking for creative ways to control costs, improve visibility, and increase speed to market. One solution gaining traction in the logistics arena is total quality management (TQM).

In today’s dynamic global marketplace, increasing logistics flexibility is critical as shippers look for greater collaboration with their third-party providers on the way to seamless integration of supply chain activities.

For a business moving into the internet space, setting up a slick eCommerce website with sophisticated online ordering and payment processing is only the tip of the iceberg. If you don’t deliver the goods according to a customer’s expectations, they may never return.

An effective strategy is to implement a reverse logistics solution that capitalizes on the synergies between the provider and the customer. Sure, the reverse logistics provider is looking for the right fit. But the customer can’t afford to simply opt for a standard “out of the box” solution for processing goods at the lowest operating cost.

This year, 3PL CEOs, surveyed in North America, Europe and the Asia-Pacific regions, are generally optimistic about company and industry growth prospects over the next one and three-year periods. North American and European CEOs forecasted higher three year company revenue growth projections than last year, 14.6 percent and 10.3 percent, respectively.

Focusing on tactics that will increase a supply chain’s productivity is essential to achieving positive customer satisfaction. There are some very effective ways to do this outside of systems, logistical infrastructure and analytics.

The results of our survey indicate that companies are viewing reverse logistics more strategically than ever before. This is due in part to the fact that the global economy is putting pressures on companies to find new sources of profitable revenue.

Third-party logistics (TPL) has attracted considerable research attention in the recent past. Despite the growing body of literature on this topic, precious little effort has been devoted to synthesizing the overall state of art of research on TPL. In this paper, an attempt is made to review the status of literature on TPL. A literature review scheme is presented. A total of 152 articles published between 1989 and 2006 in 33 reputable international journals are reviewed and classified into content- and methodology-related issues.

A partial representation of all the 3PL warehousing that is available in Europe, based on those companies who were willing to make this information publically available.

When you do venture online, share or create content that inspires and connects your audience to you and your brand. This is true for corporate social media and extends to your employees and customers.

In this new era of collaboration, some third-party logistics providers (3PLs) are working with enlightened shippers on a new approach rooted in recognition that better logistics management can have a direct impact on the bottom line for both parties. Here’s one example of how it’s being done.

It’s been 15 years since I sold a successful third-party logistics business to a group of investors. And I would like to say that the strategy and market approach of the third party logistics provider (3PL) industry has changed greatly in those years, but I can’t.