Third Party Logistics

While every carrier and service provider measured in the Quest for Quality is under pressure from shippers to expand and diversify their offerings while maintaining world-class service, no sector is feeling it as much as third party logistics providers (3PL).

4 Leading manufacturers found their road maps to success through collaborative partnerships, thought leadership, technology, and lifecycle visibility.

Since 1983, LEGACY Supply Chain Services has grown by a compound annual growth rate of 18% and continues to evolve by expanding its service portfolio, entering new customer industries, and strategically acquiring 3PL companies to become a fully integrated supply chain and logistics services provider.

As a 3PL, do you feel like you are stuck between a rock and a hard place? Having to reduce costs, but not knowing how your actions might affect profitability? This was the most common answer in a recent survey conducted with over 100 3PL executives. This eBook summarizes what these executives told us and provides case studies on what 3PLs are doing to address their greatest challenges today.

According to the leading analysts in third party logistics (3PL) space, the concept of “mega cities” in developing countries with above average per capita income rates of growth such as Shanghai, Bangkok, Mumbai, Hanoi, Jakarta, and Sao Paulo will drive consumer demand for finished goods globally.

Today’s savviest logistics practitioners are driving out costs from the transportation system and creating new “omni-channel” distribution networks designed to take advantage of customers’ changing buying habits. The results of the Council of Supply Chain Management Professionals’ 24th Annual State of Logistics Report, co-sponsored by Penske Logistics, shows that the sharpest logistics management professionals are saving their companies millions in transport, warehouse, and shipping costs.

UPS commissioned research with comScore for the second consecutive year on what elements of the online shopping customer experience drive brand preference, customer loyalty, and recommendations.

comScore, a leader in measuring the digital world, and UPS released the second UPS Pulse of the Online Shopper™: A Customer Experience Study, a report analyzing e-commerce preferences including mobile trends, social media impact and the integrated buying experience of shopping in physical stores and online - also known as omnichannel retailing.

New state of logistics translates into new opportunities for shrewd managers who can leverage their unique skills and solid transportation relationships into value for their companies.

Continued pressure to function globally

Looking for a great way to kick off your summer reading? Well, look no further than page 28. Once again, we’ve devoted a sizable portion of our July issue to putting the Annual State of Logistics Report into context for shippers.

This report shows how a commitment to continuous improvement in logistics operations can provide value for companies and their customers.

Evolving economic conditions, rapidly changing global and industry dynamics and the maturing of the industry suggest the capabilities and uses of 3PLs have evolved considerably over the sixteen years of this study. To assess these changes, the study team uses four complementary channels of research.

Dr. C. John Langley initiated this study in the mid-nineties as to capture the evolution of the third-party logistics providers as they worked to transition from vendors of individual services to logistics partners offering integrated services and building meaningful, collaborative relationships with their customers. Today, seventeen years later, the capabilities of both shippers and 3PLs have improved significantly.

This report, “Delivering Tomorrow: Towards Sustainable Logistics,” is the second publication from Deutsche Post DHL to look to the future and follows the publication of the global Delphi study – “Delivering Tomorrow: Customer Needs in 2020 and Beyond” – last year. It focuses on what shapes not only the logistics industry, but decisively influences our common future.