What is Reverse Logistics
Reverse Logistics It typically involves returning a product to the manufacturer or distributor or forwarding it on for servicing, refurbishment or recycling. Reverse logistics is sometimes calledaftermarket supply chain,...
What is 3PL (3rd Party Logistics)
Third-party logistics (abbreviated as 3PL, or TPL) is an organization’s long term commitment of outsourcing its distribution services to third-party logistics businesses.[1]
Third-party logistics providers typically specialize in integrated operations of warehousing and transportation services that can be scaled and customized to customers’ needs, based on market conditions, to meet the demands and delivery service requirements for their products. Services often extend beyond logistics to include value-added services related to the production or procurement of goods, such as services that integrate parts of the supply chain. A provider of such integrated services is referenced as a third-party supply chain management provider (3PSCM), or as a supply chain management service provider (SCMSP). 3PL targets particular functions within supply management, such as warehousing, transportation, or raw material provision
The global 3PL market reached $75 billion in 2014, and grew to $157 billion in the US; demand growth for 3PL services in the US (7.4% YoY) outpaced the growth of the US economy in 2014. As of 2014, 80 percent of all Fortune 500 companies and 96 percent of Fortune 100 used some form of 3PL services.[3] (Source Wikipedia)
Here are the 6 key benefits of 3PL in supply chain management:
- Drive Cost Savings. ...
- Get Access to Expertise and Experience. ...
- Focus on Core Competencies. ...
- Gain Flexibility and Scalability. ...
- Enable Business Growth and Market Expansion. ...
- Improve Customer Satisfaction.
What we offer
At DC Transport and Logistics, we offer state of the art tracking abilities, warehousing technologies As well as a commitment to maintain a leading edge in the industry to serve our customers
Services
Knowledgebase
What is Contract Warehousing
What is Contract Warehousing A contract warehouse is a third-party logistics (3PL) storage facility that stores goods on behalf of a client. The client and the warehouse enter into...
What is Container Destuffing?
What is Container Destuffing? Container stuffing and destuffing is simply-the loading and unloading of goods or products into and out of containers for shipping. Sometimes container stuffing and destuffing...
In The News
What are the complexities in LTL linehaul transportation?
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CN – Winter Plan
Winter Plan CN has prepared this Winter Plan as required by the provisions of the Canada Transportation Act. The Plan does two things. First, it outlines the challenges CN...
Edmonton airport to get new cargo handling hub
by Inside Logistics Online StaffJuly 26, 2022 A new cash infusion will see the development of a new cargo handling zone at Edmonton International Airport (EIA). A 2,000 acre cargo...