SHOULD SHIPPERS PARTNER WITH ONE OR MORE 3PLS? It depends 39 % 38 Materials handling equipment, solutions 35 % Fleet operations, dedicated contract carriers 30 % Transportation equipment 16 %
Ocean
53 %
Small package
53 %
White glove
51 %
3PL SERVICES & CAPABILITIES Fleet acquisition 26 %
3PL SERVICES & CAPABILITIES Transportation Truckload
Logistics
Transportation
Logistics Inbound logistics
82 %
Just one
94 %
91 %
33 %
Lead logistics provider/4th-party logistics
LTL
More than one
MOST IMPACTFUL TECHNOLO Artificial intelligence
71 %
91 %
Inventory management Warehousing Crossdocking
28 %
Intermodal
82 %
70 %
78 %
Driverless vehicles The vast majority of 3PL respondents, 91%, manage inbound logistics for shippers. Seventy- Internet of Things Embedded sensors 24 % Wearable technology 24 % Blockchain 20 % Drones 18 % RFID 18 % 3D printing 4 % Virtual reality 3 % one percent can serve as lead logistics or fourth- party logistics providers, and 70% handle inventory management. Other logistics services oered by more than half of respondents include just-in-time delivery, omnichannel logistics, vendor management, and logistics process engineering.
Just in time Transloading
Dedicated contract carriage
44 %
74 %
66 %
71 %
Omnichannel logistics Pick/pack, subassembly
Rail
70 %
32 %
62 %
67 %
Vendor management Fulfillment
Final mile
67 %
57 %
62 %
DC management
Logistics process reengineering
65 %
Bulk
55 %
57 %
Vendor management inventory
Shared services
64 %
Equipment/drivers
45 %
Ecommerce
57 %
60 %
Supply chain finance
Air cargo
43 %
Site selection
55 %
55 %
Global trade services
Ocean
None
38 %
53 %
12 %
Small package
Technology
53 %
Technology Transportation management system
White glove
51 %
92 %
Electronic data interchange
Fleet acquisition 26 %
91 %
Visibility
83 %
Logistics Inbound logistics When you want to transport goods by truck, most 3PLs can help. Ninety-four percent oer truckload services, and 91% provide less-than-truckload (LTL) transportation. Many 3PLs—78%— arrange intermodal moves, while 67% oer general rail services. 91 %
Optimization
77 %
ERP integration
Lead logistics provider/4th-party logistics
67 %
71 %
Customer/supplier relationship management
Inventory management
65 %
70 % Warehousing
Warehouse management system
MOST IMPACTFUL TECHNOLOGIES Artificial intelligence
65 %
Just in time Warehousing Crossdocking
66 %
Supply chain design (modeling, simulation)
87 %
58 %
82 %
Omnichannel logistics
Predictive analytics
62 %
Driverless vehicles
Transloading
57 %
44 %
74 %
Vendor management Pick/pack, subassembly
Internet of Things 3PLs in our survey oer a range of warehousing services. The most common of these services are crossdocking (82%), transloading (74%), and pick/pack, subassembly (70%). In addition, more than half of 3PL respondents provide fulfillment, distribution center management, vendor managed inventory, ecommerce, or site selection.
RFID
57 %
40 %
70 %
32 %
Logistics process reengineering
IoT/IIoT enablement
55 %
Fulfillment
Embedded sensors 24 % Wearable technology 24 % Blockchain 20 % Drones 18 % RFID 18 % 3D printing 4 % Virtual reality 3 %
32 % Global trade management 23 %
67 %
Shared services DC management
45 %
65 %
Supply chain finance
Of the technologies that 3PLs deploy on behalf of customers, or help customers implement themselves, the most common are two old standbys, transportation management systems (TMS – 92%) and electronic data interchange (EDI – 91%). Many 3PLs also use or oer digital tools for visibility (83%) or optimization (77%), both of which are often TMS functions. Other popular capabilities include ERP integration, customer or supplier relationship management, warehouse management, supply chain design, and predictive analytics.
43 %
Vendor management inventory
64 %
Global trade services
38 %
Ecommerce
60 %
Site selection
55 %
None
12 %
86 Inbound Logistics • July 2024 Technology Transportation management system
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