Atharvaraj Translink offers to its client’s 3PL services to manage their various functions in supply chain so that the principal can focus on core competencies and better manage and utilize company assets and resources and optimize inventory and personnel.
PRINCIPLES AND ADVANTAGES OF LOGISTICS OUTSOURCING
In the face of increasingly intensified competition in the emerging global economy, manufacturing and retail firms are progressively turning to outsourcing of their logistics functions.
Outsourcing is a viable business strategy because turning non-core functions over to external suppliers enables companies to leverage their resources, spread risks and concentrate on issues critical to survival and future growth. One way of extending the logistics organization beyond the boundaries of the company is through the use of a third party supplier, or contract logistics services.
Most firms direction considerable attention to working more closely with their channel partners, including customers and suppliers, and with various types of logistics suppliers. This has resulted in the development of meaningful relationships among the companies involved in the overall supply chain activity.
Third Party Logistics(3PL)
Adding value to your supply chain
Supply Chain Diagnostics
We work with you to identify pain points in your supply chain. With years of industry expertise, we can identify optimization opportunities and recommend improvements based on your business needs and priorities.
Business Process Outsourcing (BPO)
BPO ensures the smooth daily operation of your supply chain. We provide streamlined operations using Yusen Logistics or other third-party service providers while driving superior efficiency, quality of service and economies of scale.
Network Optimization
Using sophisticated modeling techniques that factor in costs, seasonal fluctuations and inventory positioning, we can identify the optimal freight options, routing networks and distribution centers based on your business priorities. We also provide value-added services to support global sourcing and trade management.
International Route Management
By optimizing international routes, we can reduce your total landed costs while maintaining predictable lead times, allowing you to reduce safety stocks and improve inventory turnover. We can also identify the optimal transport mix and opportunities for consolidation, simplifying your supply chain and reducing costs.
Lead Logistics Management
Yusen Logistics as your lead logistics provider will monitor and manage every aspect of your supply chain across multiple logistics service providers. We evaluate and design your logistics operations to help you deliver holistic supply chain strategies.
Enable Business Growth and Market Expansion
The role of third-party logistics in supply chain management is to drive business growth by giving companies access to markets where they don’t have established presence. Being able to manage inventory in a new market without having to spend money on warehousing, equipment, and labor can save money, as well as the effort of learning the logistical nuances of a new market.
Improve Customer Satisfaction
All of the aforesaid 3PL benefits will lead to improved services and response time, timely deliveries and greater brand reliability. This translates to satisfied customers the fundamental goal of all businesses.
How to select the Right 3PL Partner
Do you need external help to select a 3PL provider? A consultant or consultancy knowledgeable in the domain could make the selection easier.
- Define and document your 3PL requirements in supply chain, and the results expected, and state the priorities. Also, set down what logistical responsibilities will remain in-house.
- Have an internal multi-functional team to both selectond work with the 3PL partner, as a logistical partner impacts multiple stakeholders. There will also be wider acceptance and higher compliance if everyone concerned is involved from the start.
- Check if the 3PL provider has the capability to upscale operations, if and when needed.
- Can the provider offer customizations? The one-size-fits-all template may not always be the ideal solution for your business.
- Does your potential partner offer solutions in multiple segments of the supply chain. or does it focus on only particular areas and solutions? If your organization’s needs are very specific, you may want to look for niche 3PL providers; otherwise, the more solutions you get out of a single provider, the more seamless your supply chain will be.
- Ask for client references and check on them thoroughly. An existing client’s feedbackcan be the best indication of the 3PL provider’s performance and reputation.
Key Operations
- Stickering
- Packing
- Loading / Unloading
- Assembly
- Re-work
- Warehousing
- Transportation
- Fulfillment
- Machine stretch wrapping and banding
- Inspection and testing
- Barcode and labeling