Utilizing Third Party with Freight Logistics
Moving freight in today's global marketplace has become a well-orchestrated act with the help of freight logistics. Logistics incorporates a blend of quality assurance methods to ensure what's being shipped reaches its destination without delay or error on the part of the shipper.
The value of the marriage of supply chain and logistics handling has increased over the past few years to form third-party logistics providers. Such providers offer solutions that can be used by a company's management team to save time and money when shipping goods around the globe. That's why third-party logistics has seen substantial growth within the past several years.
Large, corporate 3PL (third party logistics) providers offer the most up-to-date technologies, such as online tracking, so businesses and individuals can track shipments from their home or office. On the other hand, 90% of 3PL providers report that their software technology isn't able to allow for the latest information necessary for maximum efficiency.
A major downside of the third party logistics industry is the decentralized nature of international trade information and services. A warehouse may be hundreds, if not thousands, of miles away from a 3PL customer call-center, thus leaving a potential gap in addressing a client's need.