The supply chain cannot stand still. With so much pressure to improve operations, drive efficiencies and manage costs, the same practices have to take on new identities and behaviours. The old way of business quickly becomes outdated.
This is where commercial entities will look to partner with a third-party logistics (3PL) contractor. Their innovations and technologies lay a foundation to achieve these goals and set a new agenda.
We will discuss some key trends that they embrace.
Expert Data Analytics
The only way for decision makers inside an organisation to execute a coherent plan is to comprehend the data. Assessing trends, using forecasts and tracking patterns are all part of the same process. Connecting with a leading 3PL company will provide those platforms to be engaged, gaining actionable insights which allow for short, medium and long-term planning measures.
Robotics & Automation
The pull to hire professional 3PL solutions in this context is realised through automation. It removes the same manual practices which take time and resources for a business. Autonomous guided vehicles (AGVs) and robotic process automation (RPA) are just some of the measures included, advancing everything from order fulfillment to streamlining warehouse operations. It can be a big transition to make, but the involvement of industry specialists helps to make the change possible.
Reducing Waste & Driving Sustainability
Every brand in some shape or form wants to be seen to do their part for the environment. This can be viewed in absolute terms for the sake of the planet, or in purely practical measures when assessing the balance sheet. Warehousing and fulfillment services introduce green packaging materials and renewable forms of energy to put those targets into action.
Last-Mile Delivery Solutions
The final phase of the delivery service is critical. Connecting with a logistics partner will open pathways to a last-mile delivery solution. It may involve outsourcing to other networks, crowdsourcing delivery or the implementation of a delivery optimisation algorithm. Modern brands have to remain nimble in this environment and this is a point of focus which will be explored for the benefit of the business.
Increased Visibility & Transparency
Nothing can be hidden from view when it comes to managing transactions and shipments in the supply chain field. Real time tracking is paramount. With radio frequency identification (RFI) and Internet of things (IoT) sensors providing this type of visibility, there is no doubt that the intervention of an expert 3PL provider becomes invaluable. It speaks to customer satisfaction demands and a level of communication which helps all parties to complete their task.
Engagement of Alternative Fuels
Not only are logistics management providers looking to do their part for the environment through sustainable material use, they are attempting to transition away from modes of transport reliant on traditional fuel. The cost of petrol continues to be a drain on resources. Whether it is electric vehicles, bikes or parcel lockers, this is a chance to enjoy greater returns with different fuel alternatives made available in the market.
Conclusion
Companies are seeing these new trends and innovations occurring at rapid speed. It is no wonder some outlets are falling behind. Thankfully there will be a logistics outsourcing partner available to address these issues in tangible terms. Research their credentials and open a conversation to start the process.
