What are 3PL and 4PL Logistics Services?

What Are 3PL and 4PL Logistics Services?

Logistics terminology is quite confusing for anyone who understands layman’s language. There are distinct parties involved in logistics, i.e. Party Logistics. The numbers in this regard begin from 1PL to 5PL. We are providing a simple overview of 1PL to 5PL for proper clarification of these terms. Please check out the forth-given definition of all 5 five terms-

  • 1PL stands for the manufacturer, i.e. the farmer in the case of the fresh produce. 
  • 2PL stands for transportation as well as storage, i.e. the courier delivery of the product from the production to stores. 
  • 3PL denotes the role of logistics service providers. These companies have fleet trucks and transportation mediums to fulfill the logistics work. 
  • 4PL signifies supply chain management, wherein all the work of the manufacturer is outsourced to the logistics company. 
  • 5PL denotes the solution optimization and complete business solution that enables the logistics company to take care of the business from production to delivery

Now that you are clear about the party logistics, it is easier for you to dig deeper into the understanding of the functionality of 3PL and 4PL. In the next step, we will get well-versed with the full-fledged understanding of 3PL logistics service

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From First Mile To Last Mile: How Logistics Changed Over The Last Year!

From First Mile To Last Mile: How Logistics Changed Over The Last Year!

In March 2019, the Wuhan province of China experienced an outbreak that later led to the shutdown of supply chains on a global scale. This outbreak was followed by a lockdown in all of China and, within a few months, the world. Thanks to these lockdowns, many problems were about to arise which would lead to complications for several industries essential for the world. 

The pandemic gave rise to the identification of numerous vulnerabilities within localized and international supply chains, such as dependency on a limited number of suppliers for the import of materials needed in manufacturing, and the lack of efficiency within small-scale logistics companies. 

However, the resilience of private and public entities alike has helped the human race overcome the adverse conditions that were exposed and accelerated by Covid-19. This exposure later allowed industries to maximize their efficiency by the integration of innovation within human resources and technological innovations as well. 

By March 2020, production and shipping levels had recovered to 92% of pre-pandemic production levels, exactly a year after the original outbreak. And today, we’re going to talk about the extensive effects of Covid-19 on the pandemic, and how logistics has evolved over the past year to overcome unexpected adversities. 

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A Strategic Guide to help Procurement Managers efficiently work with their Supplier

A Strategic Guide to Help Procurement Managers Efficiently Work With Their Supplier

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What is Inventory Optimization?

What is Inventory Optimization?

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Logistic Automation Will Shape The Future Of Logistics and Warehousing

Logistic Automation Will Shape The Future Of Logistics and Warehousing

In logistics, automation or automatic control refers to the use of control systems, machinery, or software to increase operational efficiency. It usually refers to processes that must be carried out at a warehouse or distribution centre with the least amount of human intervention possible. In fact, there are numerous procedures that could be automated along the supply chain (procurement, distribution, customer support, reverse logistics, etc.). According to Reports and Data, the logistics automation market has been growing significantly. Growing from USD 52.59 Billion in 2020, the logistics automation market is expected to register a CAGR of 12.4% to reach USD 133.21 Billion in 2028. Robotic arms, automated guided vehicles (AGVs), and software are all examples of logistics automation. This technology combines to make warehouse procedures more efficient, safe, and precise. What was previously unthinkable in warehouses has now become not only conceivable, but also profitable, thanks to modern automation.

Material handling and logistics automation are inextricably linked. To increase efficiency and accuracy, automated processes and technology are used to supplement the personnel. These technologies can include, among others, the following:

  • Automated guided vehicles (AGVs) that transport totes and pallets
  • Warehouse-specific robotic arms that grasp, move, palletize, depalletize, and sort totes
  • Advanced automated storage/retrieval systems (AS/RSs) with the ability to store products in racks

From the first mechanical pallet conveyors to the most recent lights-out facilities, the logistics business has always been ripe for automation. However, today's most sophisticated logistics automation technologies can be found in the cloud rather than on the warehouse floor. Automation technologies such as Robotic Process Automation (RPA) bots, Intelligent Document Processing (IDP) systems, and full hyper-automation platforms that orchestrate end-to-end processes involving both software and human workers are helping logistics managers eliminate operation-wide inefficiencies.

Logistics management used to be done on paper. Orders, bills of lading, and invoices were typed and passed back and forth by shippers. It was sluggish and prone to errors. In the 1970s, as computing began to take off in the industry, Electronic Data Interfaces (EDIs) were developed to share transportation data, allowing carriers to execute their first track-and-trace programs. Later, same carriers began to share such information with their customers, ushering in the present era of delivery notifications and tracking numbers included with every order.

Logistics automation tools began to face more complicated problems with the introduction of artificial intelligence. Today, AI-enabled automation solutions are automating logistical processes ranging from document verification to order tracking to predictive modelling.

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News DocShipper

DocShipper News

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All the Steps to Procurement Management to Optimize Processes

8 Steps to Procurement Management to Optimize Processes

The COVID-19 pandemic has taught the business world about the importance of having an efficient procurement management system in place. There is a long list of reasons why this process needs to be optimized but it all boils down to one simple fact: it saves the business time and money.

Unfortunately, procurement project management is not as simple as checking out ValueHunta for the latest and greatest deal. Having a procurement analyst means effectively getting the materials needed to keep your company’s production process moving along smoothly.

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major benefits of vehicle tracking

Major benefits of vehicle tracking system

Technology is quickly evolving and taking a new pace in every aspect and industry. Managing a fleet could be a daunting task for any company that counts commercial vehicles as a vital part of its operations. Embracing telematics solutions can reduce operational cost and improve the efficiency of the overall fleet management operations.

There is no doubt in saying that overseeing and maintaining fleets to ensure operations are seamless can work wonders for the growth of your business. Leveraging telematics technology can enhance aspects such as route optimization, operating costs management, vehicle maintenance, driver management, etc. In addition, it ensures 100% compliance with government regulations.

The telematics solution tends to use sensors and GPS as a foundation for gathering, managing, and interpreting data to gain real-time visibility of the entire fleet operations. It will help the organizations to get real-time visibility to track and monitor vehicle location, destination, speed, and routes, and many more.

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Shipping Products Internationally

Shipping Products Internationally: Tips to Delivering Products Beyond Borders

If you're the owner of an eCommerce business or are considering becoming one, you're probably weighing the benefits of shipping internationally. While this can be a challenge for companies to tackle, the growing pains will be worth it when your total addressable market  grows, and you gain new customers

As a small business owner, you may wrongly believe that you have to be running a large operation before you can start shipping internationally. However, by choosing the right logistics  partners, you can open your doors to global customers sooner than you may think. 

Before you take the international plunge, read through our tips and solutions to common shipping challenges so you'll be ready to serve your new client base across the world.

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