Automation sales declined throughout 2016, but industry experts believe a major shift toward third-party companies is coming, reports Patrick Burnson of Supply Chain Management Review Manufacturers need to increase production without increasing overhead costs, and outsourcing technology to 3Pls is the perfect solution.
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.
2017 will not be a bed of roses for third party logistics service providers, nor will the coming year be filled with thorns in the sides of major supply chain entities. By understanding how the industry will evolve throughout 2017, you can prepare your organization for the challenges and opportunities that will come.
Third-party logistics operations (3PLs) saw additional gains and enhancements throughout 2016, as predicted earlier in the year. The level of visibility across entire supply chains grew as collaboration became the new normal. Reshoring was set to become a major trend as well, but at the close of the year, actual reshoring and nearshoring efforts did not surpass most logistics trends.
We introduce you to part 2 of our e-book series The Essential Guide to Third Party Logistics. In this installment, we’ll talk about How to Work with a 3PL, The Benefits of a 3PL, & the Future Trends of the 3PL Industry. Download by filling out the form below & read the introduction below the form!
The ongoing rebound of the U.S.
Editor’s Note: Today’s blog is a guest blog by our friends at 2 Flow. In this blog, they discuss everything you need to know about a 3PL business.
What is 3PL?
There are several definitions of 3PL.
We introduce our latest educational e-book (we have several more here): The Essential Guide to Third Party Logistics: What is a 3PL, Considerations for Hiring, & How to Select & Implement a 3PL.
Outsourcing logistics processes can be an effective means of managing the needs of your organization. However, when you decide to take the jump to outsourcing, you will have to choose between an asset-based and non-asset-based third-party logistics provider (3PL). Both types of 3PLs have advantages and disadvantages.
Much talk about sales, automation and improved processes dominate the conversation when considering outsourcing logistics processes to a transport and logistics providers or using a 3PL-based transportation management system (TMS). Often, the transport and logistics providers’ reps claim initial returns may be as high as 25 percent, if not greater.
Editor’s Note: This is a guest blog from our friend Augie Grasis, CEO of FrieghtGator.com In today’s blog, Augie discusses why Carriers should partner with a 3PL or LTL Freight Exchange to stay ahead of the game and not be left behind.