Get The Latest Industry News

Subscribe by Email

Your email:

Follow Us

Specialty Fulfillment Case Study Barrett Distribution

Retail Logistics Case Study Barrett Distribution

Food Distribution Case Study

Multiple Location Warehousing Case Study

Vibram Case Study Barrett Distribution

Automotive Logistics Blueprint Barrett Distribution

Contact Us

News

Current Articles | RSS Feed RSS Feed

3PL Partnerships: You Can't Do It All Alone

 
3PL Partnerships: You Can't Do It All Alone

You cannot multi-task your way to success.

3 Things Every CEO Should Know About 3PL

 
3 things every ceo should know about 3pl


A leadership role in business is exemplified by the ability to see the big picture.  Having the vision to recognize opportunities as well as threats can be the difference between success and failure.  With that in mind, one opportunity that many business leaders overlook is outsourcing their distribution to a 3PL.   Here are three things every CEO should know about 3PL:

1.) A 3PL's knowledge and familiarity with your product and market are valuable:  Selecting a fulfillment partner that is experienced with your product type and industry can be a tremendous benefit.  They will already be equipped with the necessary technology and tools to process and deliver your orders.  You also avoid costly learning curves that affect accuracy and quality.


Tags: 

The Value of a Proactive 3PL

 
value of a proactive 3pl

Innovation, innovation, innovation.

5 Online Shopping Facts: Leveraging 3PL for Support

 
5 Online Shopping Facts:  Leveraging 3PL for Support

It is undeniable that the way consumers are selecting and purchasing products is evolving.  In order to satisfy these new demands, keep your brand relevant and continue to advance your business, the way you operate needs to evolve as well.  Online shopping from home and mobile devices has drastically changed the expectations of consumers.  Not only are younger demographics fitting this trend, but your traditional buyers are moving in this direction also.  According to iacquire.com, the 45-64 demographic makes up 40.4% of online shoppers.  The importance of how your business handles these changes and embraces an omni-channel operation has never been higher.  As technology continues to expand in its capabilities, the conventional methods of fulfillment and logistics are proving increasingly out dated.  The specialization required to address these changes can be both expensive and difficult to implement within your organization.  Leveraging the services of an experienced, capable third party logistics provider (3PL) can allow you the resources to stay ahead of the curve.   Below are 5 facts about on-line shoppers that put this growing element of business into perspective.

Using a 3PL to Enhance Your Customer Service

 
Using a 3PL to Enhance Your Customer Service

Between a growing array of storefronts and a countless number of website and e-commerce options, consumers have more destinations than ever to find their favorite products.  While some remain loyal to specific retailers, others are searching for the best deal, while others yet are seeking for that initial business to patronize.  In a market where competition seems to be driven by price, there is one major element that the general public feels is being overlooked, customer service.  A study by Defaqto Research shows that 55% of customers would pay more for a product if it meant they received a better experience. 

Fulfillment and Distribution Pain Points: Improve by Outsourcing

 
Fulfillment and Distribution Pain Points:  Improvement from Outsourcing

Every industry has certain elements that create problems in their operations.  They can originate from a variety of market factors.  A major cause of pain for many companies today is order fulfillment and distribution.  With the rise of online ordering and omni-channel distribution, the opportunity to grow market share has never been greater or more competitive.  The Ivey Business Journal reports that customers who shop online spend more on repeat visits than they do on their initial purchase.  This means the companies that are receiving multiple return visits from loyal customers are experiencing higher margins and long term profitability. 

3PL Data Security: How Safe is Your Information?

 
3PL Data Security:  How Safe is Your Information?

Utilizing new technologies is undoubtedly a great way to increase the efficiencies that today's competitive market demands.  Wireless implementations and cloud computing are allowing companies to trim costs, increase productivity and offer new service channels.  A study in the North American 3PL Market Report showed that 92% of United States third party logistics providers felt that providing better IT solutions was the key to new growth opportunities.  However with the influx of new technologies and electronic capabilities, unfortunately, comes the threat of data compromise and information loss.

B2B E-Commerce: The 3PL Solution

 
B2B E-Commerce: The 3PL Solution

With the emergence of new technologies and platforms, the expectations of consumers have never been higher. Over the past ten years, companies have been forced to adapt and create solutions across the B2C landscape.  Today, one of those solutions, e-commerce, is also rapidly expanding in the B2B sector with no signs of slowing down.  According to a recent Forrester Research report, the B2B e-commerce market in the U.S. has reached $560 billion compared to the $270 billion for the BtoC market.  With statistical indicators such as this, businesses are beginning to understand the leverage a sound e-commerce platform provides. The early adopters in this segment are discovering a wealth of opportunities and efficiencies that are available to them.  On the other hand, companies that delay any launch into the B2B e-commerce world may start to trail their aggressive competitors. 

How Mobile is Your 3PL?

 
There is an undeniable pressure on supply chains across all industries to increase efficiencies and lower costs.  The onslaught of new technologies providing consumers with more capabilities and higher demands has made it nearly impossible to abide by the manual processes of yesterday and survive.  The 2013 Third Party Logistics Study done by Penn State University shows that 47% percent of shippers believe that their 3PL can’t offer innovative solutions.  Nearly half of the outsourced fulfillment providers surveyed are having a difficult time creating opportunities to streamline their operations in response to these new demands.  A key place to begin is through mobile, or wireless, technologies within the supply chain. Implementing new technologies within the distribution center is a vital element to maintain accuracy, effectiveness and to stay ahead of the curve of customer and client needs.  Wireless initiatives also respond to the mounting burden of improving efficiency and lowering distribution costs.  These challenges are offset by enhanced transparency.  Being able to track fuel consumption, labor costs and distribution center activity allows for adjustments to be made and costs to be precisely managed.  Wireless products and applications designed specifically for the logistics and fulfillment industry are the tools that make these improvements possible.  A study by VDC shows that there is a predicted 24% increase in the use of commercial grade mobile devices by 2016.  As the proliferation of technology on the consumer end continues to evolve and become more advanced, the response from fulfillment centers will be crucial in controlling expenses and keeping up with demand.  The application of wireless technology and mobile tools will allow these companies to meet a shipper’s expectations of cost control and innovation, as well as creating proactive processes that create the opportunity to exceed a consumer’s requirements.   With the expedited information sharing afforded by mobile and wireless technologies, it’s becoming abundantly clear that the traditional manual operations simply can’t achieve the objectives that organizations set today.  Partnering with a company that embraces and leverages technology to control costs, create solutions and exceed client and shipper expectations can dramatically enhance your company’s fulfillment efforts, as well as your bottom line.

There is an undeniable pressure on supply chains across all industries to increase efficiencies and lower costs.  The onslaught of new technologies providing consumers with more capabilities and higher demands has made it nearly impossible to abide by the manual processes of yesterday and survive.  The 2013 Third Party Logistics Study done by Penn State University shows that 47% percent of shippers believe that their 3PL can’t offer innovative solutions.  Nearly half of the outsourced fulfillment providers surveyed are having a difficult time creating opportunities to streamline their operations in response to these new demands.  A key place to begin is through mobile, or wireless, technologies within the supply chain.

The Impact of Social Media in the 3PL Industry

 
The Impact of Social Media in the 3PL Industry

As technology continues to grow and impact the way the logistics industry operates, it also continues to expand the opportunities that we have to reach, educate and interact with our clients and the public.  Just as consumers have become more savvy and specific with how they want orders to be processed and delivered, their opinions, concerns, questions and insights are also more available than ever. 

All Posts