What is Third-Party Logistics?

Delve into the dynamic world of logistics by comparing the advantages of in-house operations against the flexibility of third-party logistics (3PL).

From selecting and evaluating 3PL providers to implementing best practices and measuring performance through key performance indicators (KPIs), you’ll gain the insights needed to make informed decisions aligned with your organizational objectives.

Led by industry experts, this course goes beyond theory, offering hands-on exercises and real-world case studies to ensure practical application in your day-to-day operations. Navigate future trends and challenges in the logistics landscape with confidence, armed with the knowledge and tools to drive efficiency, agility, and competitive advantage in your organization.

What You Will Learn in the Third Party Logistics (3PL) Course?

• In-house operations vs 3PL
• What is the selection criteria to make this choice?
• What are the 3PL evaluation criteria?
• What are the best practice methods to follow for selecting an appropriate 3PL partner?
• What are the KPIs for 3PL?

Why Learn with Shimon Gowda:

Based in the USA, Shimon is an experienced Supply Chain Professional with core expertise as a consultant in Supply Chain Network Design.

Shimon is an experienced Supply Chain Engineer with a Master’s Degree focused in Industrial Engineering (SCM) from Rutgers University-New Brunswick, with a demonstrated history of working cross-functionally across several supply chain domains.

• • Warehousing Process Improvement
  • Lean Continuous Process Improvement
  • Process Optimization
  • Materials Management
  • Inventory and Logistics Optimization
  • Statistical Data Analytics
  • ERP, MRP, S&OP
  • Transport Route Optimization

Who Is This Third Party Logistics (3PL) Course For?

This course is designed for professionals seeking to enhance their understanding of third-party logistics (3PL) selection and management. Whether you’re involved in supply chain management, logistics operations, or seeking to optimize your organization’s logistical strategies, this course offers invaluable insights. Led by industry experts, you’ll explore the nuances of in-house operations versus 3PL, learn selection criteria, understand evaluation methods, and discover best practices for partnering with 3PL providers. With a focus on practical application through real-world case studies and hands-on exercises, you’ll be equipped to navigate future trends and challenges in the logistics landscape, driving efficiency and competitive advantage in your organization. The course instructor has kept this course practical (with case study), along with textbook definitions, and relevant theory.

Suitable for the following roles

• Entry-Level: Logistics Coordinator, Warehouse Associate, Transportation Coordinator, Shipping Coordinator, Warehouse Assistant
• Mid-Level: Logistics Analyst, Transportation Analyst, Distribution Center Supervisor
• Senior-Level: Logistics Manager, Transportation Manager, Warehouse Manager, Distribution Center Manager
• Executive-Level: Director of Logistics, Vice President of Logistics
• Specialized Titles: 3PL Manager, Reverse Logistics Specialist, Fleet Manager

Requirements

• Access to Internet
• Computer / Laptop / Mobile Device

What Is Included?

• Immediate unlimited access to course materials
• 30-day money-back guarantee
• Exercises and quizzes to help you put theory into practice
• English Closed Captions
• Full transcripts in PDF for each lesson
• Suitable for mobile or desktop
• SCMDOJO Certification when you pass the course quiz (accessible from Learning Center post-sign-in)

What is a 3PL (Third-party logistics)?

A Third-Party Logistics (3PL) provider is an external company that manages all or part of a company’s logistics operations. 3PLs offer various services, including trucking, warehousing, and distribution. They also handle freight forwarding for international shipments and customs brokerage to navigate customs regulations and procedures.

Another key service is order fulfillment, which includes picking, packing, and shipping orders. Inventory management, which encompasses warehousing, inventory tracking, and order fulfillment, is also often provided. Additionally, 3PLs can provide supply chain consulting, offering expert advice on optimizing and improving supply chain processes.

Learn how to reduce costs in Logistics here!

Frequently Asked Questions

FAQ 1: What are Third Party Logistics (3PL) providers?

Answer: Third-party logistics (3PL) providers are external companies that offer various logistics services, such as transportation, warehousing, and order fulfillment.

FAQ 2: When should companies consider using Third Party Logistics?

Answer: Companies should consider using third-party logistics to improve efficiency, reduce costs, or gain access to specialized expertise.

FAQ 3: What are the benefits of using Third Party Logistics providers?

Answer: Benefits of using Third Party Logistics providers include cost savings, improved flexibility, and access to specialized resources.

FAQ 4: What are the key factors when selecting a Third Party Logistics provider?

Answer: Key factors to consider when selecting a Third Party Logistics provider include expertise, reliability, financial stability, and service quality.

FAQ 5: How can companies effectively manage relationships with Third Party Logistics providers?

Answer: Companies can effectively manage relationships with Third Party Logistics providers by establishing clear service level agreements (SLAs), conducting regular performance reviews, and fostering open communication.