Warehousing costs at most firms are extraordinarily higher than they ought to be. Across the world, organizations spend around €300 billion annually on Warehouse Management. With the boom in online retail stores and the increasing complexity of Supply Chain Management, this spending is going to surge further. The leadership at these organizations understands that they […]
Tag Archives | 3PL
Third Party Logistics (3PL) Selection Process
Editor’s Note: Charles Intrieri is a consultant with over 25 years of experience in Operational Excellence, Supply Chain & Logistics, and Metrics-driven Management. He has made available a number of reports and tools related to these areas on Flevy, which can be viewed here. * * * * Cross-functional team investigates internal, company current freight and […]
3PL: The Benefits of Third Party Logistics
The speed and efficiency with which your supply chain moves can make or break your company. Inefficiencies add up, costing money unnecessarily. In today’s cutthroat business environment, with consumers focused on value and speed, only the most efficient companies thrive. Many companies find that working with a third party logistics (3PL) provider helps them operate […]
Meeting a 3PL Provider for the First Time? Be Prepared
Forming a relationship or partnership with a Third Party Logistics (3PL) company is an important decision. When visiting the 3PL’s facilities for the first time, it is important to come prepared. Be prepared to ask the right questions, cover the right topics, and achieve the right objectives. You are interviewing the company to see if […]
