The logistics industry is evolving rapidly and the need of the hour for 3PLs is to evolve from a logistics facilitation partner to a strategic partner for their customer.
The key to reach this status is how effectively they can transform their customer’s supply chain by providing end to end visibility, greater control, and superior services at lower cost. So, building potential to engage with customers on strategic initiatives will help the 3PLs to achieve their goal.
These strategic initiatives could include network design improvement, resource cost reduction, inventory tracking & optimization, omni-channel fulfillment, efficient reverse logistics, and other value added services.