Marketing strategies explained in a simple way using marketing cases, marketing video cases, marketing notes, marketing exercises, marketing models, marketing 4.0, marketing 5.0, marketing trends, Marketing analytics, branding in India, Sports marketing in India, Indian marketing, retailing in India and Digital marketing in India.
1)3PL is a service that allows you to outsource operational logistics from warehousing, all the way through to delivery, and ultimately enables you to focus on other parts of your business.
2)Companies save cost by reducing supply expenses, cut production cost, lower financial expenditure, modernizing ur marketing efforts, using efficient time strategies, maximizing ur employees skills, n focusing on quality.
3)Competitive advantage is the leverage a business has over its competitors. This can be gained by offering clients better and greater value. Advertising products or services with lower prices or higher quality piques the interest of consumers. Target markets recognize these unique products or services.
Saving Time and Money Arguably, the key advantage 3PL’s provide, is their uncanny ability to save businesses time and money. Many of a business’s largest expenses such as staffing, storage space, transportation, and technology can be efficiently handled by 3PL’s. That means risky and wasteful practices are reduced and a business can logistically expand faster.
Developing Networking Opportunities Another one of the most vital benefits that 3PL’s provide is their pre-existing partner networks. Just like any business, 3PLS’s possess strong relationships that they can leverage to provide their clients with discounts, high quality services, and above all, the peace of mind that comes along with knowing that all steps of the process are being carried out by someone trustworthy and accountable. Because of these vital and established networks, in-house approaches to logistics management are essentially decades behind 3PL’s.
2GI18MBA49 SHWETA UTTAM Saving Time and Money Arguably, the key advantage 3PL’s provide, is their uncanny ability to save businesses time and money. Many of a business’s largest expenses such as staffing, storage space, transportation, and technology can be efficiently handled by 3PL’s. That means risky and wasteful practices are reduced and a business can logistically expand faster.
Developing Networking Opportunities Another one of the most vital benefits that 3PL’s provide is their pre-existing partner networks. Just like any business, 3PLS’s possess strong relationships that they can leverage to provide their clients with discounts, high quality services, and above all, the peace of mind that comes along with knowing that all steps of the process are being carried out by someone trustworthy and accountable. Because of these vital and established networks, in-house approaches to logistics management are essentially decades behind 3PL’s.
1) A 3PL third-party logistics provider offers outsourced logistics services, which encompass anything that involves management of one or more facets of procurement and fulfillment activities. In business, 3PL has a broad meaning that applies to any service contract that involves storing or shipping items.
3PL logistics in SCM is using an organization to oursource elements required for diatribution, transportation, ware house and all supply chain requirements from procurement to delivery.
This helps us to focus on our business as 3pl helps to manage other things
2GI18MBA49 SHWETA UTTAM Example the 3pl will use upgraded technology for logistics and the companies will not have to worry a out it and the other thing is the time can be saved as the companies just focus on core competencies
See the below link to find 3PL 4PL and 5PL https://preview.redd.it/k004qin4pkl21.jpg?width=1920&format=pjpg&auto=webp&s=efa8a35eb70d1c9f0ec75dbb32d8560019ad8e5b
1] A 3PL (third-party logistics) provider offers outsourced logistics services, which encompass anything that involves management of one or more facets of procurement and fulfillment activities. In business, 3PL has a broad meaning that applies to any service contract that involves storing or shipping items.
2]Companies save cost by reducing its supply chain expenses and cuts production cost
3] 3PLs can help reduce excess carrying costs, return goods cost and lost sales. They can also help manufacturers move more material with fewer assets while still meeting customer requirements. In some cases, manufacturers can realize savings when consolidating warehouses and/or using shared facilities operated by 3PLs.
1) Third party logistics is the organisation use of third party business to outsource element of its distribution, warehousing and fulfillment services. 2) Companies save cost by reduces cost per order,lower capital investment,changes fixed cost to variable cost,reduced time to customer and shipping costs,focuses managemnt time. 3) Competitive advantage can be gained by drive cost saving,focuse on core competencies, improve customer satisfaction.
Vanishree bhat 2GI18MBA54 1.A 3PL (third-party logistics) provider offers outsourced logistics services, which encompass anything that involves management of one or more facets of procurement and fulfillment activities.
2.Company Save money on office supplies by contacting vendors to let them know the price shopping. Look outside the pool of traditional vendors.
3. The competitive advantage is gained by offering a customer services of greater value, lower pricing or greater benefits. Without a distinguishing advantage, what is the lure for a potential customer to select one provider over the other? Businesses without a competitive advantage will have a harder time maintaining their relevance in the market.
3PL is a service that allows us to outsource operational logistics from warehouse, all the way through delivery, and ultimately that helps us to focus on other parts of our business .
Some of the benefits are: 1. Cost reduction 2. It helps to provide better customer experience 3. Test new market 4. Generate cost saving
USN 2GI18MBA06 3Pl isan organization use of third party business to outsource elements of its distribution, warehousing and fulfillment services. 2) To save cost - reduce charge backs package product in distribution cross dock freight focus on labour cost 3) gaining the competitive advantage- TMS (transportation management system) auto tender functionality advanced tracking
Third party logistics help company to be cost effective for example when we want some small deliveries to be done or small order procurement then the company if it does on its own incurs huge cost, but if it hires a third party it need on invest on assets required to do those things and save cost The capital investment required wil reduce if we outsource
We can also bargain when we giv order to third party
No need to recruit searate employees and train them the road maps and all, it saves tine also
When we use third party the time to customers is also reduced and reduce shipping costs and they wil be doing it in bulk
During holidays also the third party helps us or during peak season they expand and give more service
The order size varies if small quantity or big quantity we can just give them but it company is handling then it must think of expanding resources during peak season and resources remain idle during off season
2GI18MBA22- Shreya majati A 3PL (third-party logistics) provider offers outsourced logistics services, which encompass anything that involves management of one or more facets of procurement and fulfillment activities. In business, 3PL has a broad meaning that applies to any service contract that involves storing or shipping items. 2.ANSWER = Improve Space Utilization It costs you money to keep supplies and inventory in a warehouse. If you conduct an analysis of how well you are using your storage space, you may find that you are paying for too much space. Use Multiple Suppliers If you only use one supplier, you are eliminating competition for your orders. Move Supplies Faster If you can find ways to expedite shipments from suppliers, you can order closer to the time you need the supplies. Streamline Your Ordering Process Part of your supply chain costs come from your ordering system. 3.ANSWER= Improve Customer Satisfaction
All of the aforesaid benefits will lead to improved services and response time, timely deliveries and greater brand reliability. Scalability and Flexibility A benefit of using a 3PL provider is the ability to scale space, labor, and transportation according to inventory needs. Continuous Optimization 3PL providers have the resources at hand to make adjustments and improvements to each link in the supply chain. 3PL professionals will ensure your needs are met, by using the fastest, most efficient, and cost effective methods. Resource Network 3PL providers have a vast resource network available that provides advantages over in-house supply chains
1)Third party logistics, is essentially a variety of services and processes that are provided to a business by an external company for a variety of reasons such as wanting to reduce costs, improve efficiencies and expand capabilities.
2) companies can save money by adapting techniques like paying your invoice early,hiring interns,using internet marketing,less travelling,work from home for employees, buying second hand products, buying in bulk etc
3)The competitive advantage is gained by offering a customer services of greater value, lower pricing or greater benefits.Businesses without a competitive advantage will have a harder time maintaining their relevance in the market.Businesses are always searching for a competitive advantage that will set them apart from others offering a similar product or service.
1. third-party logistics, is essentially a variety of services and processes that are provided to a business by an external company for a variety of reasons such as wanting to reduce costs, improve efficiencies and expand capabilities.
2.third party logistics includes range of companies and industries like ecommerce, wholesale, retail companies, pharmaceutical samples, collateral distribution, and more. While third-party logistics can benefit a variety of industries, 3PL is not for every company. A 3PL can provide a lower cost per order when compared to internally managed operations. This isn’t always true, but it is often true for small to moderate sized companies that dont have season businesses.
3. Saving time and money of company to perform better than others
1) A 3PL third-party logistics provider offers outsourced logistics services, which consists of anything that involves the management of one or more facets of procurement and fulfillment activities.
example: Safexpress - they manage distribution, warehousing and order fulfillment
3PL is the layer of supply chain, its not an directly link between manufacturers and customers in between there is a bridge called warehouses and storage of things it mainly contains 4 criteria namely. Storage, picking, packaging and posting. And also help in saving time and money it also help in fulfillment distribution and warehousing to the third party.
Krupa Deshpande Usn: 2GI18MBA20 1)third party logistics is a service that allows to outsource operational logistics from warehousing, all the way through to delivery, and ultimately enables to focus on other parts of the business.
2)Companies save cost by reducing supply expenses, cut production cost, lower financial expenditure, modernizing ur marketing efforts, using efficient time strategies, maximizing ur employees skills, n focusing on quality.
3)Competitive advantage is the leverage a business has over its competitors. This can be gained by offering clients better and greater value. Advertising products or services with lower prices or higher quality piques the interest of consumers. Target markets recognize these unique products or services.
Hiring 3PL provider helps company increase values by reducing cost of logistic activities such as distribution centres or networks, transporting vehicles and equipment, and technical staffs
Vinita Kadam 2GI18MBA58 1. 3PL stands for third party logistics in supply chain management, in this an organization outsources logistics services for distribution and supply of goods. 2. By 3PL logistics, company can save cost n damages to the goods. By hiring 3PL logistics company can save on labour cost as in this company pays for logistics services and they lookafter logistics so companies need not to have staff or labour for logistics. Inventory is managed by 3PL companies so organization can save cost of warehouse and storage unit and it's maintenance cost. 3PL helps in reducing product damage. 3. Competitive advantage of 3PL logistics: * It strengthen the service department of customers. * It helps in increasing productivity in shipping and receiving. * It reports on inbound freight delivery to ensure proper planning of personnel. * It improves efficiency of finance department by analytical tools which will allow access and visibility to invoice data for planning and forecasting.
1. A 3PL which providers the one or more logistics activities relating to the flow of products, information that could be done by the company. It performs the major functions like transportation, warehousing, and information technology in the supply chain.
2. Reasons how companies save cost The company mainly concentrate on its business by outsourcing the logistics. Logistics will help in transporting the full truck load of products which reduces the cost of transportation. It also reduce the time to customer and shipping cost. When the logistics is outsourced by the third party , they perform their task properly to reduce the cost per order. It also lowers the capital investment.
3. They can get a competitive advantage by providing the many more functions like warehousing information technology where they can attract more number of customers.
Gaining competitive advantage: - It helps to focus on core competency - Improve customer satisfaction -Get access to expertise and experience - Drive cost saving
Apoorva karva USN:2GI18MBA08 Third-party logistics in supply chain management is an organization's use of third-party businesses to outsource elements of its distribution, warehousing, and fulfillment services. 3PL companies handle outsourced procurement, transportation, and distribution functions for client companies. Some focus on specific segments, like product sourcing or freight shipping. Others fill multiple needs, like warehousing and distribution.
1).third party logistics are the companies which outsource. third-party logistics companies provide any number of services having to do with the logistics of the supply chain. This includes transportation, warehousing, picking and packing, inventory forecasting, order fulfillment, packaging and freight forwarding.
2) to save cost: - lower capital investment - outsourcing helps in cost reduction - financial expenses are low - cost and time saved - work can be finished early
3) competitive advantage: a condition or circumstance that puts a company in a favorable or superior business position. this advantage can help company in being superior in the market and gain more customers.
Apoorva karva USN 2GI18MBA08 The availability of 3PL in every sectors like: Procurement,transportation, distribution and growth it is possible for small business and startups to tap expertise along every step of its cycle.
The main use of 3PL is it provides flexibility to the companies i.e. the company can even have global customer also
Example If we give to TVS logistics
The logistics process is standardized as the company is old one and employees are well trained
They have their own huge warehouses where they can store everything. They continuously improve their work methods and the facilities provided for customers
The TVS provides value added servies also along with the supply chain like it provides packaging kits, warehouse management system, kittiing, inventory ownership etc
Suchita koujalagi Usn 2GI18MBA51
TVS logistics is there in all sectors like consumer products, retail, tech and telecom and it provides technology backed value added services also
The main use of 3PL is it provides flexibility to the companies i.e. the company can even have global customer also
Example If we give to TVS logistics
The logistics process is standardized as the company is old one and employees are well trained
They have their own huge warehouses where they can store everything. They continuously improve their work methods and the facilities provided for customers
The TVS provides value added servies also along with the supply chain like it provides packaging kits, warehouse management system, kittiing, inventory ownership etc
TVS logistics is there in all sectors like consumer products, retail, tech and telecom and it provides technology backed value added services also
A 3 PL provider offers out sourced logistic services which encompasses anything that involves moment of one or more procurement and fulfillment activities in business 3pl has a broad meaning that applies to any service contract that involve storing or shipping of item. A 3pl service may be a simple provider such as transportation or a warehouse storage or a simple bundle of systematic services. The supply chain consist of 1pl, 2pl and 3pl 3pl has a fractional ownership of the warehouse y they carry out their services with different softwares Few examples of 3pl are as follows - Express and parcel services, ocean carriers and so on
1)3PL, or third-party logistics, is essentially a variety of services and processes that are provided to a business by an external company for a variety of reasons such as wanting to reduce costs, improve efficiencies and expand capabilities. 2)They may save the cost by reducing cost per order, lowerthe investment of capital, changes fixed costs to variable costs, reducing the shipping or transportation cost etc. 3)Competitive advantage is, generally gained by offering a customer service of greater value, lower prices and superior benefits, customer satisfaction.
1)1)Third party logistics, is essentially a variety of services and processes that are provided to a business by an external company for a variety of reasons such as wanting to reduce costs, improve efficiencies and expand capabilities.
2)2)They may save the cost by reducing cost per order, lowerthe investment of capital, changes fixed costs to variable costs, reducing the shipping or transportation cost etc.
3)competitive advantage: a condition or circumstance that puts a company in a favorable or superior business position. this advantage can help company in being superior in the market and gain more customers.
uSN 26 1 Third-party logistics in logistics and supply chain management is an organization's use of third-party businesses to outsource elements of its distribution, warehousing, and fulfillment services.
2 reducing the manforce requirements by adapting 3pl Taking technology to advancement thus reducing time and money Taking the quantity of supply in bulk or making the cluster of place the order to be delivered and send it once by sagrigating perishable , fragile and non perishable
3 Benefit From Professional Supply Chain Expertise. ... Leverage a Stronger Resource Network. ... Free-up Valuable Time & Capital. ... Utilize Flexible & Scalable of Services. ... Continuously Improve & Optimize Your Supply Chain
1)Third party logistics, is essentially a variety of services and processes that are provided to a business by an external company for a variety of reasons such as wanting to reduce costs, improve efficiencies and expand capabilities.
2) companies can save money by adapting techniques like paying your invoice early,hiring interns,using internet marketing,less travelling,work from home for employees, buying second hand products, buying in bulk etc
3)The competitive advantage is gained by offering a customer services of greater value, lower pricing or greater benefits.Businesses without a competitive advantage will have a harder time maintaining their relevance in the market.Businesses are always searching for a competitive advantage that will set them apart from others offering a similar product or service.
1)3PL, or third-party logistics, is essentially a variety of services and processes that are provided to a business by an external company for a variety of reasons such as wanting to reduce costs, improve efficiencies and expand capabilities. 2)They may save the cost by reducing cost per order, lowerthe investment of capital, changes fixed costs to variable costs, reducing the shipping or transportation cost etc. 3)Competitive advantage is, generally gained by offering a customer service of greater value, lower prices and superior benefits, customer satisfaction.
78 comments:
Shivani Raikar
USN 2GI18MBA48
1)3PL is a service that allows you to outsource operational logistics from warehousing, all the way through to delivery, and ultimately enables you to focus on other parts of your business.
2)Companies save cost by reducing supply expenses, cut production cost, lower financial expenditure, modernizing ur marketing efforts, using efficient time strategies, maximizing ur employees skills, n focusing on quality.
3)Competitive advantage is the leverage a business has over its competitors. This can be gained by offering clients better and greater value. Advertising products or services with lower prices or higher quality piques the interest of consumers. Target markets recognize these unique products or services.
3PL
Works on three areas
1.0utsourcing of distribution
2.Outsourcing of warehousing
3.Outsourcing of order fulfillment
Saving Time and Money
Arguably, the key advantage 3PL’s provide, is their uncanny ability to save businesses time and money. Many of a business’s largest expenses such as staffing, storage space, transportation, and technology can be efficiently handled by 3PL’s. That means risky and wasteful practices are reduced and a business can logistically expand faster.
Developing Networking Opportunities
Another one of the most vital benefits that 3PL’s provide is their pre-existing partner networks. Just like any business, 3PLS’s possess strong relationships that they can leverage to provide their clients with discounts, high quality services, and above all, the peace of mind that comes along with knowing that all steps of the process are being carried out by someone trustworthy and accountable. Because of these vital and established networks, in-house approaches to logistics management are essentially decades behind 3PL’s.
A good beginning. Can you provide an example
Please write your name and USN
2GI18MBA49
SHWETA UTTAM
Saving Time and Money
Arguably, the key advantage 3PL’s provide, is their uncanny ability to save businesses time and money. Many of a business’s largest expenses such as staffing, storage space, transportation, and technology can be efficiently handled by 3PL’s. That means risky and wasteful practices are reduced and a business can logistically expand faster.
Developing Networking Opportunities
Another one of the most vital benefits that 3PL’s provide is their pre-existing partner networks. Just like any business, 3PLS’s possess strong relationships that they can leverage to provide their clients with discounts, high quality services, and above all, the peace of mind that comes along with knowing that all steps of the process are being carried out by someone trustworthy and accountable. Because of these vital and established networks, in-house approaches to logistics management are essentially decades behind 3PL’s.
Manjunath kolkar
USN 2GI18MBA23
1) A 3PL third-party logistics provider offers outsourced logistics services, which encompass anything that involves management of one or more facets of procurement and fulfillment activities. In business, 3PL has a broad meaning that applies to any service contract that involves storing or shipping items.
Suchita koujalagi
Usn 2GI18MBA51
3PL logistics in SCM is using an organization to oursource elements required for diatribution, transportation, ware house and all supply chain requirements from procurement to delivery.
This helps us to focus on our business as 3pl helps to manage other things
2GI18MBA49
SHWETA UTTAM
Example the 3pl will use upgraded technology for logistics and the companies will not have to worry a out it and the other thing is the time can be saved as the companies just focus on core competencies
See the below link to find 3PL 4PL and 5PL
https://preview.redd.it/k004qin4pkl21.jpg?width=1920&format=pjpg&auto=webp&s=efa8a35eb70d1c9f0ec75dbb32d8560019ad8e5b
Simplify with an example
Sonali sheth (2GI18MBA50)
Examples for 3pl are courier, express and parcel services; ocean carriers, freight forwarders and transshipment providers.
Venkatesh kamat
USN 2GI18MBA56
1] A 3PL (third-party logistics) provider offers outsourced logistics services, which encompass anything that involves management of one or more facets of procurement and fulfillment activities. In business, 3PL has a broad meaning that applies to any service contract that involves storing or shipping items.
2]Companies save cost by reducing its supply chain expenses and cuts production cost
3] 3PLs can help reduce excess carrying costs, return goods cost and lost sales. They can also help manufacturers move more material with fewer assets while still meeting customer requirements. In some cases, manufacturers can realize savings when consolidating warehouses and/or using shared facilities operated by 3PLs.
Provide example of an Indian company
Write in your own way
Your comments should be unique from others
Sushma H Malaghan
2GI18MBA52
1) Third party logistics is the organisation use of third party business to outsource element of its distribution, warehousing and fulfillment services.
2) Companies save cost by reduces cost per order,lower capital investment,changes fixed cost to variable cost,reduced time to customer and shipping costs,focuses managemnt time.
3)
Competitive advantage can be gained by drive cost saving,focuse on core competencies, improve customer satisfaction.
Vanishree bhat
2GI18MBA54
1.A 3PL (third-party logistics) provider offers outsourced logistics services, which encompass anything that involves management of one or more facets of procurement and fulfillment activities.
2.Company Save money on office supplies by contacting vendors to let them know the price shopping. Look outside the pool of traditional vendors.
3. The competitive advantage is gained by offering a customer services of greater value, lower pricing or greater benefits. Without a distinguishing advantage, what is the lure for a potential customer to select one provider over the other? Businesses without a competitive advantage will have a harder time maintaining their relevance in the market.
Prajakta Lagade
USN: 2GI18MBA36
3PL is a service that allows us to outsource operational logistics from warehouse, all the way through delivery, and ultimately that helps us to focus on other parts of our business .
Some of the benefits are:
1. Cost reduction
2. It helps to provide better customer experience
3. Test new market
4. Generate cost saving
Sonali sheth 2GI18MBA50
Sir, for example if I have business Can the 3PL provider meet the demand for increased capacity?
A good comment
Please write in your own style
Competitive advantage
USN 2GI18MBA06
3Pl isan organization use of third party business to outsource elements of its distribution, warehousing and
fulfillment services.
2) To save cost -
reduce charge backs
package product in distribution
cross dock freight
focus on labour cost
3) gaining the competitive advantage-
TMS (transportation management system)
auto tender functionality
advanced tracking
Yes. DHL does that to many firms
2GI18MBA30
NIKHIL R S
R and Y
MAHINDRA
SAFE EXPRESS
Suchita koujalagi
Usn 2GI18MBA51
Third party logistics help company to be cost effective for example when we want some small deliveries to be done or small order procurement then the company if it does on its own incurs huge cost, but if it hires a third party it need on invest on assets required to do those things and save cost
The capital investment required wil reduce if we outsource
We can also bargain when we giv order to third party
No need to recruit searate employees and train them the road maps and all, it saves tine also
When we use third party the time to customers is also reduced and reduce shipping costs and they wil be doing it in bulk
During holidays also the third party helps us or during peak season they expand and give more service
The order size varies if small quantity or big quantity we can just give them but it company is handling then it must think of expanding resources during peak season and resources remain idle during off season
2GI18MBA22- Shreya majati
A 3PL (third-party logistics) provider offers outsourced logistics services, which encompass anything that involves management of one or more facets of procurement and fulfillment activities. In business, 3PL has a broad meaning that applies to any service contract that involves storing or shipping items.
2.ANSWER =
Improve Space Utilization
It costs you money to keep supplies and inventory in a warehouse. If you conduct an analysis of how well you are using your storage space, you may find that you are paying for too much space.
Use Multiple Suppliers
If you only use one supplier, you are eliminating competition for your orders. Move Supplies Faster
If you can find ways to expedite shipments from suppliers, you can order closer to the time you need the supplies. Streamline Your Ordering Process
Part of your supply chain costs come from your ordering system. 3.ANSWER=
Improve Customer Satisfaction
All of the aforesaid benefits will lead to improved services and response time, timely deliveries and greater brand reliability.
Scalability and Flexibility
A benefit of using a 3PL provider is the ability to scale space, labor, and transportation according to inventory needs. Continuous Optimization
3PL providers have the resources at hand to make adjustments and improvements to each link in the supply chain. 3PL professionals will ensure your needs are met, by using the fastest, most efficient, and cost effective methods.
Resource Network
3PL providers have a vast resource network available that provides advantages over in-house supply chains
Good
Don't use whatsApp language
Neha Khemalapure
2GI18MBA28
1)Third party logistics, is essentially a variety of services and processes that are provided to a business by an external company for a variety of reasons such as wanting to reduce costs, improve efficiencies and expand capabilities.
2) companies can save money by adapting techniques like paying your invoice early,hiring interns,using internet marketing,less travelling,work from home for employees, buying second hand products, buying in bulk etc
3)The competitive advantage is gained by offering a customer services of greater value, lower pricing or greater benefits.Businesses without a competitive advantage will have a harder time maintaining their relevance in the market.Businesses are always searching for a competitive advantage that will set them apart from others offering a similar product or service.
SANI PATIL
USN 2GI18MBA45
1. third-party logistics, is essentially a variety of services and processes that are provided to a business by an external company for a variety of reasons such as wanting to reduce costs, improve efficiencies and expand capabilities.
2.third party logistics includes range of companies and industries like ecommerce, wholesale, retail companies, pharmaceutical samples, collateral distribution, and more. While third-party logistics can benefit a variety of industries, 3PL is not for every company.
A 3PL can provide a lower cost per order when compared to internally managed operations. This isn’t always true, but it is often true for small to moderate sized companies that dont have season businesses.
3.
Saving time and money of company to perform better than others
It helps developing opportunities
Nitin Gahlot
2GI18MBA31
1) A 3PL third-party logistics provider offers outsourced logistics services, which consists of anything that involves the management of one or more facets of procurement and fulfillment activities.
example: Safexpress - they manage distribution, warehousing and order fulfillment
Competitive advantage
Examples for 3pl are couriers, express, and parcel services
Kanchan D
2GI18MBA17
3PL is the layer of supply chain, its not an directly link between manufacturers and customers in between there is a bridge called warehouses and storage of things it mainly contains 4 criteria namely. Storage, picking, packaging and posting. And also help in saving time and money it also help in fulfillment distribution and warehousing to the third party.
Thank you sir. Sonali sheth
Krupa Deshpande
Usn: 2GI18MBA20
1)third party logistics is a service that allows to outsource operational logistics from warehousing, all the way through to delivery, and ultimately enables to focus on other parts of the business.
2)Companies save cost by reducing supply expenses, cut production cost, lower financial expenditure, modernizing ur marketing efforts, using efficient time strategies, maximizing ur employees skills, n focusing on quality.
3)Competitive advantage is the leverage a business has over its competitors. This can be gained by offering clients better and greater value. Advertising products or services with lower prices or higher quality piques the interest of consumers. Target markets recognize these unique products or services.
Hiring 3PL provider helps company increase values by reducing cost of logistic activities such as distribution centres or networks, transporting vehicles and equipment, and technical staffs
Siddeshwar M
2GI18MBA47
Vinita Kadam
2GI18MBA58
1. 3PL stands for third party logistics in supply chain management, in this an organization outsources logistics services for distribution and supply of goods.
2. By 3PL logistics, company can save cost n damages to the goods. By hiring 3PL logistics company can save on labour cost as in this company pays for logistics services and they lookafter logistics so companies need not to have staff or labour for logistics. Inventory is managed by 3PL companies so organization can save cost of warehouse and storage unit and it's maintenance cost. 3PL helps in reducing product damage.
3. Competitive advantage of 3PL logistics:
* It strengthen the service department of customers.
* It helps in increasing productivity in shipping and receiving.
* It reports on inbound freight delivery to ensure proper planning of personnel.
* It improves efficiency of finance department by analytical tools which will allow access and visibility to invoice data for planning and forecasting.
Good
Monika Patil(2GI18MBA25)
1. A 3PL which providers the one or more logistics activities relating to the flow of products, information that could be done by the company.
It performs the major functions like transportation, warehousing, and information technology in the supply chain.
2. Reasons how companies save cost
The company mainly concentrate on its business by outsourcing the logistics.
Logistics will help in transporting the full truck load of products which reduces the cost of transportation.
It also reduce the time to customer and shipping cost.
When the logistics is outsourced by the third party , they perform their task properly to reduce the cost per order.
It also lowers the capital investment.
A good example
Krupa Deshpande
Usn: 2GI18MBA20
Example for 3lthirs party logistics are:
Courier, parcel service etc
Competitive advantage need more explaination w r the to 3PL
Nitin Gahlot
competitive advantage is the ability to scale space, labor, and transportation according to inventory needs by safexpress in India.
Monika Patil (2GI18MBA25)
3. They can get a competitive advantage by providing the many more functions like warehousing information technology where they can attract more number of customers.
Competitive advantage wrt to 3PL
Prajakta P Lagade
USN :2GI18MBA36
Gaining competitive advantage:
- It helps to focus on core competency
- Improve customer satisfaction
-Get access to expertise and experience
- Drive cost saving
Excellent competitive advantage answer
A good answer
Like for example, if a business is facing seasonal crises, they have the advantage to reduce or increase space and resources requirements.
Apoorva karva
USN:2GI18MBA08
Third-party logistics in supply chain management is an organization's use of third-party businesses to outsource elements of its distribution, warehousing, and fulfillment services.
3PL companies handle outsourced procurement, transportation, and distribution functions for client companies. Some focus on specific segments, like product sourcing or freight shipping. Others fill multiple needs, like warehousing and distribution.
Types of 3PL are
1,Standard
2.Service
3.Customer adopter
4.Customer developer
Suchita koujalagi
Usn 2gi18mba51
Example for 3PL in india is TVS company
Write reply as 1 , 2,and 3
Please write your own
Good
vijayta kale
2GI18MBA57
1).third party logistics are the companies which outsource. third-party logistics companies provide any number of services having to do with the logistics of the supply chain. This includes transportation, warehousing, picking and packing, inventory forecasting, order fulfillment, packaging and freight forwarding.
2) to save cost:
- lower capital investment
- outsourcing helps in cost reduction
- financial expenses are low
- cost and time saved
- work can be finished early
3) competitive advantage: a condition or circumstance that puts a company in a favorable or superior business position.
this advantage can help company in being superior in the market and gain more customers.
TVS logistics
Thank you sir
Competitive advantage wrt to 3PL
Amazon and Flipkart can increase the delivery speed due to 3PL
Apoorva karva
USN 2GI18MBA08
The availability of 3PL in every sectors like:
Procurement,transportation, distribution and growth it is possible for small business and startups to tap expertise along every step of its cycle.
Factors involving in deciding 3Pl
1.geography
2.Cost
3.Sector
4.IT
Check
1 credit history
2.credibility
3.Reputation
Before appointing 3PL
Other answers
The main use of 3PL is it provides flexibility to the companies i.e. the company can even have global customer also
Example
If we give to TVS logistics
The logistics process is standardized as the company is old one and employees are well trained
They have their own huge warehouses where they can store everything.
They continuously improve their work methods and the facilities provided for customers
The TVS provides value added servies also along with the supply chain like it provides packaging kits, warehouse management system, kittiing, inventory ownership etc
Suchita koujalagi
Usn 2GI18MBA51
TVS logistics is there in all sectors like consumer products, retail, tech and telecom and it provides technology backed value added services also
Same answer as others
Suchita koujalagi
Usn 2GI18MBA51
The main use of 3PL is it provides flexibility to the companies i.e. the company can even have global customer also
Example
If we give to TVS logistics
The logistics process is standardized as the company is old one and employees are well trained
They have their own huge warehouses where they can store everything.
They continuously improve their work methods and the facilities provided for customers
The TVS provides value added servies also along with the supply chain like it provides packaging kits, warehouse management system, kittiing, inventory ownership etc
TVS logistics is there in all sectors like consumer products, retail, tech and telecom and it provides technology backed value added services also
vijayta kale
2GI18MBA57
sir, how does IT plays a role in deciding 3PL?
Suchita
As TVS is there in many sectors company having multiple products in different sectors can use single 3PL company
A 3 PL provider offers out sourced logistic services which encompasses anything that involves moment of one or more procurement and fulfillment activities in business 3pl has a broad meaning that applies to any service contract that involve storing or shipping of item.
A 3pl service may be a simple provider such as transportation or a warehouse storage or a simple bundle of systematic services. The supply chain consist of 1pl, 2pl and 3pl
3pl has a fractional ownership of the warehouse y they carry out their services with different softwares
Few examples of 3pl are as follows -
Express and parcel services, ocean carriers and so on
1)3PL, or third-party logistics, is essentially a variety of services and processes that are provided to a business by an external company for a variety of reasons such as wanting to reduce costs, improve efficiencies and expand capabilities.
2)They may save the cost by reducing cost per order, lowerthe investment of capital, changes fixed costs to variable costs, reducing the shipping or transportation cost etc.
3)Competitive advantage is, generally gained by offering a customer service of greater value, lower prices and superior benefits, customer satisfaction.
Nikhil RS
2GI18MBA30
1)1)Third party logistics, is essentially a variety of services and processes that are provided to a business by an external company for a variety of reasons such as wanting to reduce costs, improve efficiencies and expand capabilities.
2)2)They may save the cost by reducing cost per order, lowerthe investment of capital, changes fixed costs to variable costs, reducing the shipping or transportation cost etc.
3)competitive advantage: a condition or circumstance that puts a company in a favorable or superior business position.
this advantage can help company in being superior in the market and gain more customers.
uSN 26
1 Third-party logistics in logistics and supply chain management is an organization's use of third-party businesses to outsource elements of its distribution, warehousing, and fulfillment services.
2 reducing the manforce requirements by adapting 3pl
Taking technology to advancement thus reducing time and money
Taking the quantity of supply in bulk or making the cluster of place the order to be delivered and send it once by sagrigating perishable , fragile and non perishable
3 Benefit From Professional Supply Chain Expertise. ...
Leverage a Stronger Resource Network. ...
Free-up Valuable Time & Capital. ...
Utilize Flexible & Scalable of Services. ...
Continuously Improve & Optimize Your Supply Chain
Prajwal B. G.
2GI18MBA37
1)Third party logistics, is essentially a variety of services and processes that are provided to a business by an external company for a variety of reasons such as wanting to reduce costs, improve efficiencies and expand capabilities.
2) companies can save money by adapting techniques like paying your invoice early,hiring interns,using internet marketing,less travelling,work from home for employees, buying second hand products, buying in bulk etc
3)The competitive advantage is gained by offering a customer services of greater value, lower pricing or greater benefits.Businesses without a competitive advantage will have a harder time maintaining their relevance in the market.Businesses are always searching for a competitive advantage that will set them apart from others offering a similar product or service.
Vittal SB
2GI18MBA59
1)3PL, or third-party logistics, is essentially a variety of services and processes that are provided to a business by an external company for a variety of reasons such as wanting to reduce costs, improve efficiencies and expand capabilities.
2)They may save the cost by reducing cost per order, lowerthe investment of capital, changes fixed costs to variable costs, reducing the shipping or transportation cost etc.
3)Competitive advantage is, generally gained by offering a customer service of greater value, lower prices and superior benefits, customer satisfaction.
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