For those who have been following technological disruptions within businesses there are a number of models to look at. Uber, Airbnb, Facebook, etc. have all played a significant role in reshaping the transport, hospitality, and media and advertising industries respectively. However, another technology, which has been around for several years, has already made inroads into …
In today’s competitive, tight, and cut-throat business environment, many companies depend on third party logistics (3PL) for their supply chain management in order to reduce costs, improve efficiencies, and ensure smooth operations of their distribution and fulfilment service requirements. To deliver value and thrive within a difficult market, 3PL providers need to align closely with …
Third-party logistics or 3PL Outsourcing, is an option exercised by a business, wherein parts of its distribution and fulfilment services are outsourced to a third party. This can occur for a number of reasons including outdated facilities and warehousing systems, as the business does not have the internal capabilities internally and could be experiencing a …
Most business today have customers spread across vast geographical area even within the country, if not internationally. Hence for success of any business, it is important that the product reaches its customers unharmed, in timely manner and at a reasonable cost. If this does not happen, the business will fail, even if it has a …
More and more businesses are using third-party logistics service providers. Building an in-house supply chain is expensive, slow and a learning process riddled with mistakes. On the other hand, outsourcing the supply chain is efficient, quick and adaptable. The benefits of using 3PL are more than just reduced initial capital outflow or getting expertise. With …
The number of 3PL service providers is growing rapidly. There are many small and big specialized logistics service providers for almost every specific need and then there are providers who will meet all generic requirements. The challenge is which one should you pick for your business? The one who provides every kind (or many kinds) …
A general logistics service provider or a specialized one- What to choose? Read More »
Although the transportation industry has evolved, trucks continue to play a major role in carrying and delivering freight from one point to another. That said, the emphasis has always been on taking the pressure off the trucks, in order to conserve fuel, maximize overall capacity and even reduce the underlining costs. Even then, the trends …
Enterprises focusing solely on the retail sector usually have a lot of things to worry about. While direct sales can be initiated via contract and owned warehouses, certain companies prefer third party logistics companies for distributing their products, in an efficient manner. The concept of Distribution Warehouse takes us back to the time when product …
How Distribution Warehousing via 3PL Services Improve the Market Conditions? Read More »
The logistics industry has already been massively impacted by myriad technological advancements. As the innovative measures and technical aspects continue to prosper, the opportunities surrounding supply and demand have also amplified in the best possible manner. While the customers are cognizant of the processing requirements and available options, the suppliers are finding it easier to …
Each year more than 80 million tons of food is discarded in Europe alone. The overall cost of this wastage is more than 140 billion Euros. Globally it is estimated that a third of all the food produced, is wasted. Most of this wastage happens before the food item even reaches the market. These figures …
