Here is a webinar that may be of interest: 3PL Update: What makes a winning 3PL relationship? A panel of experts from Georgia Institute of Technology, Capgemini Consulting, and the Supply Chain Management Review will discuss the results of their 14th Annual Third Party Logistics survey, and will provide insight on the following key points: How [...]
The results of the 2009 3PL Provider CEO Perspective, a survey of 35 3PL chief executive officers in North America, Europe, and Asia-Pacific regions, indicate that the top concerns of 3PLs right now are: the impact of the recession on their business, environmental sustainability issues, and the fact that 3PL customers are taking steps to [...]
There are about a million terms and acronyms thrown around the transportation industry – 3PL, 4PL, ITM, LLP, etc. Sometimes it can be difficult to keep track of everything. Logistics Today recently published a good solid description of what constitutes a third-party logistics provider (3PL). The quantifiable definitions that they came up with came from [...]
Business has picked up a bit for 3PLs in the second quarter. According to a market report done by the Transportation Intermediaries Association, total billings by third-party logistics providers were up about 7% in Q2 from what they were in Q1. Additionally, average volume was up in Q2. Hopefully this trend will continue in months [...]
To follow up on yesterday’s post about managing your third-party logistics provider, here’s an article from Supply & Demand Chain Executive that brings up some good points on the type of relationship you should have with your 3PL: Why You Don’t Want an Obedient 3PL. Collaboration is key for these type of relationships. Shippers should [...]
Manufacturers use third-party logistics providers (3PLs) to manage some or all of their supply chain functions. It is important for manufacturers to monitor what their 3PLs are doing, since those logistics providers generally have direct contact with both the final product and the customer base, and if either of those are handled carelessly, problems could [...]
The global contract logistics market experienced a growth rate of 5% in 2008, according to Logistics Today. However this is a smaller growth rate than had been reported in previous years, signifying a notable weakening of the market. “Contract logistics companies have a higher degree of protection from market volatility due to the agreements and [...]
