|
|
 |
|
|
3 PL Services by Shams Quamar
|
|
|
3 PL Services |
|
|
|
|
|
Business,Business News
|
|
Companies providing third party logistics services offers wide array of 3PL services including confidential freight audits, contract warehousing, transportation, public warehousing, air freight, brokerage, freight management services for LTL shipments, warehousing & distribution operations, fulfillment and extensive value added services. The main objective of 3rd party logistics services provider is to deliver utmost assistance and advantage to the customer of using 3PL logistics services. This advantage to customer includes cost reduction advantages through economies of scale, instituting a well reputed presence in the area, put into practice best business tactics. They house highly trained professionals who are experts in all spheres of third party logistics and posses years of experience in the industry. Experts focus completely on customer satisfaction through excellence delivery. These experts further can improve your supply chain management process experience by reducing the cost, enhanced visibility of your stock and maintaining superior stock accuracy. Third party logistics service has emerged as a crucial factor for many businesses because it deals in shipping of inventory, warehousing and transporting. Deploying up a similar system is not possible for all the companies as it may take lot of time and resources as well and that’s the reason for Third party logistics services becoming so popular in India and abroad. Outsourcing logistics services to a 3PL logistics provider is a popular practice that is being followed by the various worldwide companies and they spend millions on logistics services. Primary benefit of 3PL logistics is saving, in terms of time and cost. A professional 3PL logistics service provider will make sure that there is no hindrance in the distribution of stock inventory and will frequently offer tailored shipping services to loyal customer. They release company from handling tedious task of warehousing, shipment and distribution of inventory. Industry that uses 3PL logistics services can contribute much of its time in its core operation. Overall they offer greater flexibility, improved production efficiency and reduction of capital costs. Execution of Supply Chain Management (SCM) can offer remarkable value to companies that believe on the smooth planning and execution of correlated operations to realize long-term productivity and sustain a solid cutthroat edge. A supply chain management is process of managing raw material to finished good to distribution of good. In other words, supply chain management is system of conveniences and dispersion alternatives that executes the functions of obtainment of raw materials; conversion of these raw materials into semi finished and finished commodities, and then followed by dispersion of these finished commodities to buyers and consumers. The supply chain prevails and plays crucial role in service and manufacturing organizations as well, even though the intricacy of the chain may show a discrepancy greatly from service to service and organization to organization. Supply Chain Management can help reduce operational expenses in numerous ways. It can, for example, improvise associations with vendors and distributors, making purchasing and logistics experts to rectify cost-cutting openings such as volume discounts. Supply chain management comprises of three types of flows: product flow, information flow and finance flow. Product flow, as the name signifies itself it is the physical transformation of raw materials to finished product, followed by transfer of finished product from supplier to the wholesaler and finally to the consumer. Sometimes this flow can be reversed with goods being returned as well, as the case may be. Information flow is the sharing information within the supply chain acquired from the various operational systems, may be from the transport planning systems, warehouse management systems, order fulfillment systems , customer record management system and many more. Information is flowed to where production process is being carried forward for the manufacturer so that he can see and analyze the approximate time for his raw materials and enable to plan his production schedules as per the availability of raw materials and customer wish list. Simultaneously a consumer or a wholesaler can track his order. The third flow is the financial flow means flow of money. This involves billing, the process of giving credit and the process of money transaction from manufacturer to consumer or supplier to manufacturer or reversed. Any credentials with terms to money will come under section of finance flow.
For Supply Chain Management : Supply Chain Management
For 3PL Services: 3PL Services
Related Articles -
Logistics Companies in India, Logistics Service Providers, 3PL Services, Sea Freight Service Providers, Freight Forwarding Companies.,
|
Rate This Article  |
|
|
|
|
|
Do you Agree or Disagree? Have a Comment? POST IT!
| Reader Opinions |
|
|
|
|
|
|
|
|
|
| Author Login |
|
|
 |
Advertiser Login
ADVERTISE HERE NOW!
Limited Time $60 Offer!
90 Days-1.5 Million Views
|
|
TIM FAY
After 60-plus years of living, I am just trying to pass down some of the information that I have lea...more
|
|
|
|
|
GENE MYERS
Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
|
|
|
|
|
ADRIAN JOELE
I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
|
|
|
|
|
LAURA JEEVES
At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
|
|
|
|
|
MICHAEL BRESCIANI
Rev Bresciani is the author of two Christian books. One book is an important and concisely written b...more
|
|
|
|
|
STEPHEN BYE
Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through the...more
|
|
|
|
|
LEVAL AINAH
I am an internet marketer and also an educator. My goal is to help others who are looking to improve...more
|
|
|
|
|
PAUL PHILIPS
For more articles, blog messages & videos and a free e-book download go to www.NewParadigm.ws your p...more
|
|
|
|
|
ALEX BELSEY
I am the editor of QUAY Magazine, a B2B publication based in the South West of the UK. I am also the...more
|
|
|
|
