Freight Forwarding Customs Brokerage Insights, Blog
If you take the etymology of the word Geofencing, the prefix “geo-” is a Greek word meaning “earth or land” and fencing in our context means “drawing an imaginary border.” So, in simpler terms, you get to draw an imaginary perimeter which will notify you whenever an object enters the boundaries. Geofencing requires a location-based […]
During the holiday time, the customers expect to get their gifts and purchase with little hassle. This implies that for several organizations, they want to meet that expectation and provide customer satisfaction. An increasing number of people shop online and the winter season is particularly volatile for orders. So, good planning is required with respect to […]
Non-asset based 3PL companies are those that do not own a fleet of their own. While some companies maintain their own warehousing facilities, transportation is arranged by them by hiring ideal services. The carriers they hire work independently and provide their service according to a signed contract. Most of such non-asset based 3PL companies have a […]
The 3PL relationship of a company should not just be about the invoices and the cost. It should be about the value being provided by the 3PL firm. If you want the best results by outsourcing the logistics operations, you need to build a successful 3PL relationship. At the core of all successful relationships is […]
You will find that some of the top ecommerce platforms in most countries have a 3PL partner. Have you ever wondered why multimillion dollar companies partner with a third party logistics service? The answer is simple. Freight shipping over long distances requires a large amount of planning and organizing, not to mention strong financial backing. […]
For a majority of the companies, the idea of partnering with a third party logistics company might be overwhelming. This is simply because there are several options to choose from. However, there are some specifics that you can follow to get the right 3PL provider for your organization. Consider Getting Some outside Help You understand […]
The pharmaceutical industry continues to rise with each passing year, as more and more people are turning to drugs for a variety of illnesses and ailments. In fact, nominal spending on pharmaceuticals globally is well into the billions and is expected to cross $1.5 trillion within 2021. This spectacular growth has given rise to the […]
The logistics industry of today demands productivity and efficiency. This is amply evident when it comes to warehousing in logistics. An efficient warehouse is capable of reducing the costs, which is certainly a major benefit for any company. To find an efficient warehouse 3PL, there are a few things you can keep in mind. Some […]
The role of a logistics service has been changing with every passing year. New and innovative services are being introduced and what was known as a value added service in the past has been adopted by the logistics providers as a standard function. With the emergence of a number of top players in the logistics […]
Respect and truth are the two things that are essential for a mutually rewarding outsourcing relation. This might seem easy but it is not. Micromanagement and continuous price pressure from the shippers serving as overseers affect the relationship. However, the 3PL needs to be treated as partners. If you do so then you give more […]
