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3PL Outsourcing – Challenges and Benefits

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Outsourcing and relying on a third-party provider for logistics, or 3PL in short, can be quite a cost-saver, but is not without caveats. While there are significant benefits, there are also a number of challenges: current requirements, future growth, information exchange and security.

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ARTICLES and PAPERS
Are supply and demand elasticity a risk?
Why haven't I seen this paper before? And why is it not cited more often? It should. It is called Th[...]
Supply Chain Risk: Invasive Species
With 90% of world trade carried by sea, the global network of ships criss-crossing the oceans provid[...]
BOOKS and BOOK CHAPTERS
Book Review: Managing Risk and Security
One of my readers suggested this book to me via  a comment on my supply chain literature list pages[...]
Book review: Transport - Economics and Management
Kept at an executive level, Transport: An Economics and Management Perspective by David A. Hensher a[...]
REPORTS and WHITEPAPERS
A Decade of Living Dangerously
Do you remember the movie The Year of Living Dangerously with Mel Gibson? Topically unrelated maybe,[...]
Calculating the Value-at-Risk
Some of you may remember that I posted about the SCOR Framework for Supply Chain Risk Management ear[...]
from HERE and THERE
Supply Chain Management - Emergency Management
Yes. No doubt about it. Reduction, Readiness, Response and Recovery are four key elements in the New[...]
The worst roads in the world's richest country
It is a perpetual topic with the Norwegian public, particularly in election years, like this year: W[...]