Third-party logistics (3PL) companies that are hesitant to adopt blockchain for key transactions are missing out on how this technological record-keeping ledger can improve supply chain management.
In this case study, a fourth-party logistics (4PL) provider based in Lima, Peru describes the partnership that allowed it to expand its services from Latin America to Europe and beyond.
To ensure that they're meeting goals for sustainability and carbon tracking, shippers need to have an "open ecosystem" that enables data transformation among all supply chain partners, says Mike Reed, chief product officer with Redwood Logistics.
With all the chaos that’s roiling logistics and supply chain service providers these days, it might come as a surprise to learn that deep-pocketed private investors are keen on the sector.
The latest news, analysis, services and systems regarding logistics outsourcing and its impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before using third party logistics providers (3PLs). New technologies that provide information during shipments are transforming the way companies work with these providers - and allowing them to stay ahead of the competition in their industries. As 3PL services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using logistics outsourcing solutions to power their supply chains.
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