Delivery Companies and warehousing Companies boost hiring by adding over 20,000 jobs in sectors tied to Order Fulfillment such as warehousing Pick and Pack Services and delivery services. The Job growth follows the ramping up of weekend deliveries by UPS and FedEx. Package Delivery increased by 5% in the fourth quarter of last year on […]
Supply chain management is the management of the three most important resources of a company which are: Material Money Information 1. Material Supply Chain controls the flow of material from the manufacturer to the end user. This involves manufacturing, shipping, customs clearance order fulfillment and transportation. This is a very complex process as it involves […]
3PL Companies or Third Party Logistics Companies are a great tool for many shippers around the world. As more and more companies import from overseas or manufacture in labor cheap countries, the more tey depend on 3PL companies for their logistics needs. A third party logistics company is one that works with shippers in order to manage […]
The concept of a 4PL Logistics provider is an integrator that accumulates resources, capabilities and technologies to run complete supply chain solutions. Main Difference between 3PLs and 4PLs is that 3PL companies targets a single function, whereas the 4PL companies manage the entire process. Third Party Logistics Companies are sometimes managed by Fourth Party Logistics Companies. Functions provided by […]
What are third party logistics providers The need for an outside logistics provider triggered the evolution of Third Party Logistics Providers which has been the most dominant and arguably the largest market in the world. 3PLs offered great advantages to the companies in terms of • Economies of scale (merits from large truck fleets, warehouses, etc.) • Access […]