The annual update to the Armstrong and Associates Top 25 Global Freight Forwarders List has been released. Global freight forwarding companies are ranked based on a combination of 2020 gross revenue and freight forwarding volume. DHL, Khune and Nagel, DB Schenker, DSV Panalpina, Sinotrans, Expeditors and Nippon Express continue to dominate the Top 25 Global […]
Understanding how to calculate the landed cost of imported goods is essential for anyone involved in global trade Not understanding. or not taking all of the relevant costs into account will have a negative impact on the profitability of the products that you are importing. This guide will help you to understand: The definition of […]
The key to sustaining healthy 3PL relationships is very much dependent on the person that is given the role to manage the relationship with the 3PL service provider. One of the biggest mistakes that many organizations make when they move from the DIY to 3PL model is in the selection of the person they choose […]
The key to establishing healthy 3PL relationships starts with quality of the information that is provided at the time the request for a proposal (RFP) is submitted. If you ask any 3PL service provider you will find that the lack of quality information provided in RFPs is one of their greatest frustrations. Ideally proposals should […]
Throughout my career I have worked in organisations where I have managed a combination of both DIY and 3PL operations. I have experienced both the advantages and the disadvantages of outsourcing to 3PL service providers first hand. Whether you manage your own warehouse operations or you outsource this function to a 3PL service provider will […]
I am pleased to announce that I will presenting at the 2018 Warehouse Innovation Summit The summit will be held in Melbourne, Australia on Tuesday the 18th and Wednesday the 19th of September at the Pullman Melbourne on the Park Hotel. On the Wednesday I will be part of the panel that will discuss the topic […]
In a previous post I wrote about the things you need to consider before terminating your 3PL. One of the key points was to ensure that the process of sourcing and selecting an alternative 3PL service provider had been considered well before any termination notice was issued. This post will focus on how to find […]
There are many things to consider before terminating your 3PL. In a previous post I a wrote about the 3 Steps for Improving 3PL Performance and I suggest that these strategies are implemented well before any serious thought is given to terminating your 3PL.
We should be continuously looking at ways for improving 3PL performance. If we are doing our jobs properly we will have a process in place for monitoring 3PL performance against an agreed set of KPI’s and any genuine case of poor performance will have been identified as part of this process and a corrective action plan will have been put in place.