Prior to beginning a third-party logistics outsourcing arrangement it is important to take a critical look at what is going on in your business and its supply chain network. These 10 tips can help you and your logistics partner collaborate better and achieve your desired savings, efficiency gains and process improvements.
1. Learn the customer’s strategic objectives. Be clear and upfront with your 3PL partner and jointly focus on the strategic and financial objectives in the project work. What is the day in the life of an order? Is there an opportunity to shorten the lead time? If yes, this can increase sales and expand cash flow.