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3pl - Crossref

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Last Updated: 14 May 2022

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Analysis of Financial Strategies of 3PL Companies in the GCC

This paper examines the financial analysis of publicly listed third party logistics firms in the GCC over a four-year period. Comparison of financial tactics adopted by 3PL companies in the GCC countries reveals that all three firms in the authors' study use different financial policies; however, these tactics are also efficient in yielding higher returns on common equity.

Source link: https://doi.org/10.4018/ijcfa.2017010102


A Literature Review on Global Challenges for Third Party Logistics (TPL or 3PL)

Initially, all manufacturing companies had a separate logistics department for the movement of their manufactured products and services. Companies have begun using third parties for logistics support, such as Third Party Logistics or 3PLs. Nowadays every company employs TPLs for service to produce shipments, focusing on their primary field of growth rather than logistics. These 3PL companies are facing particular challenges around the world in providing services to their clients. The paper aims to provide a comprehensive review of the challenges faced by 3PLs around the world.

Source link: https://doi.org/10.51983/arme-2020.9.2.2479


A framework for measuring customer loyalty for 3PL industry: a case of evolving market

Purpose This study seeks to develop customer loyalty in the 3PL market by identifying the attributes that are more appealing to customers and determining the triggers for increasing customer loyalty. Customer orientation has been shown to positively impact customer satisfaction, but it has had no effect on customer loyalty and relationship quality, on the other hand. Practical implications The findings recommend that 3PL companies' managers refocus more on creating quality partnerships with their clients, delivering exceptional service quality, and providing customer orientation.

Source link: https://doi.org/10.1108/bij-04-2020-0172


An integrated model to identify and classify the key criteria and their role in the assessment of 3PL services providers

Purpose The purpose of this paper is to develop an integrated model in order to determine and categorize key attributes in order to analyze and categorize key attributes, as well as determine their position in the recruiting process for shippers' logistics services. Entity/approach An integrated model of 3PL services providers has been developed to determine and classify the key selection criteria for efficient supply chain management, which has frequently cited by many researchers and used by shippers for effective supply chain management. Findings The main result of this analysis helps to identify and classify the criteria that may be further used to determine the prospective 3PL services provider. This report will assist logistics managers in determining the right criteria for selecting potential 3PL services providers for their logistics requirements.

Source link: https://doi.org/10.1108/13555850810864579


3PL practices: an Indian perspective

The usage of 3PL services in India has positive and lasting effects on company results, but 3PL services are still at a nascent stage. Analysis of results/implications of 3PL implementation and establishment of long-term 3PL contracts should focus on managing 3PL relationships; search and contract administration of 3PL service providers for creating collaborative supply chain partnerships; and determining key success factors for 3PL implementation; and establishing success metrics for long-term 3PL agreements. Practical implications Detailed research to encourage supply chain managers to outsource and use 3PL services to focus on the main market, minimize logistics costs, and increase supply chain efficiency. These data will also help the 3PL service providers plan the breadth and breadth of their service offerings to Indian customer organizations. Originality/Value The paper contributes to the current 3PL and supply chain trade strategies, as well as the emerging trends in 3PL services for improved company results and supply chain efficiencies.

Source link: https://doi.org/10.1108/09600030610710845


Environmental sustainability in the third‐party logistics (3PL) industry

Purpose This paper is designed to illustrate the extent to which major third-party logistics firms have committed themselves to environmental sustainability goals. The study will explore the effects of the global recession of 2008-2009 not only on the 3PL's pledge to their sustainability goals, but also how the recession affected 3PL consumers' interest in such endeavors. Findings The surveys indicate that nearly all of the companies involved in the surveys have made significant contributions to environmental sustainability over the last two years, as well as a slew of related initiatives that have had a number of positive impacts on those companies. Customers have also expressed increasing concern about the 3PL's environmental sustainability capabilities, which has also piqued increasing concern. Originality/Value The paper effort documents the first large-scale attempt to state large 3PL's contribution to environmental sustainability goals.

Source link: https://doi.org/10.1108/09600031011071984


Evaluation of third‐party logistics (3PL) providers by using a two‐phase AHP and TOPSIS methodology

Purpose of the third-party logistics provider selection has drew brisk interest in logistics management literature. The aim of this paper is to give a good insight into the use of a two-phase analytical hierarchy system and procedure for order preference by similarity to the best solution option approach, which is a multi-criteria decision making approach in the selection of 3PL providers. Originality/value This is perhaps the first time an attempt has been made to use the updated Delphi technique, AHP, and TOPSIS framework in the decision of 3PL provider selection in a Turkish automotive supplier firm's decision. In addition, the paper is also of concern to managers as they determine which criteria should be included in the assessment process and how a decision model should be organized by using a two-phase AHP and TOPSIS approach.

Source link: https://doi.org/10.1108/14635770910987823


Is the US 3PL industry overcoming paradoxes amid the pandemic?

Purpose : Third-party logistics companies have seen an increase in volume during coronavirus disease 2019, according to Purpose Third-party logistics companies. This study is designed to determine whether paradoxes have arisen or become more salient in 3PLs' ground operations, as well as how ground operation managers can deal with them. Findings The results show that new paradoxes did not arise as a result of the COVID-19 and are mostly associated to the performing paradox group. According to in-depth interviews, the 3PL managers' main focus is on maintaining safety as a priority to solve COVID-19 related paradoxes, increasing operational plans, increasing communication, investing in technology, optimizing hub networks, deploying new/new technologies, and adapting revised/new human resource policies. Originality/value This paper is one of the first published to identify paradoxes within 3PL's operations during the COVID-19 period, and it provides insight into how these paradoxes are dealt with at mid-management level.

Source link: https://doi.org/10.1108/ijlm-02-2021-0110


3PL factories or lernstatts? Value‐creation models for 3PL service providers

Purpose The aim of this paper is to identify and systematically address generic characteristics of contract logistics services and their various underlying methods for delivering their respective value propositions. Contract logistics services' value proposition is introduced, as well as the value creation framework that leads to generic business model configurations. Appraisal framework based on conceptual assumptions The paper integrates service theory with study of organizational psychology and designates an analytical framework based on conceptual considerations. The authors are able to describe generic varieties of contract logistics solutions by combining the two dimensions of integration capability and intangible knowledge creation. Additional empirical research on the entire third party logistics market is suggested. Originality/value The paper contains a series of different company models for 3PL services that reflect the customer's needs as well as the service provider's point of view.

Source link: https://doi.org/10.1108/09600031211250587


Customer‐specific adaptation by providers and their perception of 3PL‐relationship success

Purpose of this paper The aim of this paper is to determine whether there is an effect, from a provider's perspective, on the success of 3PL relations. With the findings of this research, additional research may be needed to compare customers' views of partner-specific enhancements and 3PLrelationship success. Originality/value The paper explains that 3PL providers should develop their software and processes to meet customer's specific needs in order to ensure high-relationship results. Satisfied clients should advocate for the providers' updates, because these improvements increase the chances of contract renewal and minimize the chance of providers' unexpected termination of the deal.

Source link: https://doi.org/10.1108/09600031111175807

* Please keep in mind that all text is summarized by machine, we do not bear any responsibility, and you should always check original source before taking any actions

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* Please keep in mind that all text is summarized by machine, we do not bear any responsibility, and you should always check original source before taking any actions