Monday, November 8, 2010

Choosing the Right Third Party Logistics Provider

Logistics management has become a corporate focal point as companies look to trim costs without compromising safety and service. More C-Level professionals are realizing how successful supply chain management can significantly contribute to bottom line performance. Lean, efficient, reliable supply chains can translate into savings of up to 15-20%.
Receiving and delivering your freight intact and on time is vital to the sustainability of your business. Improving and maintaining service levels enables you to sustain your customer base and attract new business to increase market share. How do you compare to your competitors? Is your service top notch? Examining and refining your logistics management practices can make all the difference.
Effective supply chain management requires strategic and tactical approaches. It is often nearly impossible to handle all of this in-house effectively. 3PL providers handle the logistics management so your company can focus on quality products, service and smooth operation.
A good 3PL provider utilizes the latest technology to provide clients with exceptional analytics that can lead to greater operational insights. Using sophisticated software and supply chain expertise, your company can work with your 3PL to identify opportunities for operational improvements.
Successful logistics management is about details. Working with clients and carriers, moving freight and ensuring smooth operations requires strong leadership and flawless execution. The ideal 3PL excells at all of this and employs experienced and highly trained transportation planners. These planners partner with your transportation and customer service staffs and act as an extension of your business.
Effective logistics management can bring about competitive differentiators. Successful supply chain management leads to lower costs and improved service. Both rely on choosing a quality 3PL provider.

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