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 […]
3PL Sourcing and Selection
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 […]
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 […]
Over the last few years I have visited numerous third party logistics warehouses. In the majority of cases the purpose of the 3PL site visit is to evaluate a potential service provider as part of a formal RFQ process. Whilst the format and the flow of each visit may vary, what I am trying to learn or uncover about the supplier always remains the same. Sometimes the answer comes as the result of a direct question but often times it comes as an observation or through an informal conversation during the meeting or site tour.
Selecting a third party logistics company can be a daunting task, especially if you are transitioning from managing your own warehousing or transport operations. To help you with this process I have provided links to 8 Must Read Articles on Selecting a Third Party Logistics Company which will give some valuable insight into how to […]