Low Tech Can Still Deliver High Returns
Immersed in our ever-expanding online worlds, it’s easy to overlook the importance of low-tech solutions. Email, instant messaging, and online forums are highly effective communications channels—but so are white boards when used efficiently.
Over recent years, the supply chain profession has expanded to take in a wider range of disciplines—and functional titles. Nowhere is this trend more apparent than in the service provider space.
In the industry’s alphabet soup of provider titles, it can be difficult to figure out the differences between acronyms such as 3PL and 4PL, or LLP and LSP. Maybe you’re wondering whether there’s such a thing as a 5PL.
Does it matter if you know the exact differences between these acronyms? Well, misnaming a service provider probably won’t throw the efficiency of your freight network into a nosedive. And if you’re confused, there is no need to rush out and recruit a director of semantics.
Still, confusion over the functional identity of a service provider can reflect muddled thinking on the type of services you actually need. Also, a provider that calls itself one thing, but in reality fulfills another role, should raise some red flags.
Weighing Managed Services? An Ounce of Prevention Really is Worth a Pound of Cure.Connect
The demands on your logistics management operation have increased to a point where it’s time to consider adopting a managed services model. Where do you go from here?