Conventional wisdom tells you not to put all your eggs in one basket. In the logistics industry, however, this isn’t always good advice. By leaning on one third-party logistics provider (3PL) for each leg of the distribution cycle, you may find greater efficiency and improved operational success than you would sourcing à la carte.
In this article, we’ll examine the benefits of an integrated logistics services approach.
For companies of a certain size, there’s an age-old debate over how to best handle transportation services. Is it best to go-it-alone and handle your own transportation through a private fleet? Or, it is better to partner with a third-party logistics (3PL) provider that offers dedicated transportation services? We’ll take a fresh look at these two options in this article while adding a new wrinkle: the option of partnering with dedicated providers that can also offer on-demand transportation.
Chemical Logistics 3PLs in California: Telling the Experts From the Imposters
A strong economy means good times for business, right? Generally speaking, the answer is yes, but there are some nasty side effects of economic strength. In the logistics industry, one of these side effects is the difficulty in attracting and retaining talent in a high-employment market.
In today’s fast-moving logistics marketplace, logistics technology plays a key role in determining how quickly, how accurately, and how correctly product can be delivered to the customer. But what kind of system, or systems, do you need? The major components are:
Your products are the life blood of your business. Their secure movement through the supply chain, from manufacturing point to final delivery to your customer, is critical to your success.
“Consume less, share better.” - Herve Kempf
Shared warehousing, also known as public warehousing, can’t sound anything other than cost effective, right? Your goods are received, stored and distributed by a 3PL provider who has made all of the investment in buying or leasing land, building, equipment and labor. Certainly that keeps cash flow in your pocket. But are you getting the biggest bang for your buck for public or shared warehousing?
We all know how the story goes when it comes to finding the lowest price, “you get what you pay for” they say. Wouldn’t it be nice for once to pay less for great quality! When it comes to warehousing rates, you can. Data is the key!
Does your warehouse or 3PL provider have an internal audit program in place? It is critical for all operations follow standard operating procedures (SOP’s) – that’s how you get to the quality we need to deliver on our promises.
What is the key to a successful business? We all have a common goal and that is to grow our businesses. The key is to bring in new partners and not just customers. You want to form new partnerships and not categorize them as customers. Here are the principals to the partnership approach -
