Third Party Logistics: Past, Present, and Future
The University of Memphis | Third Party Logistics | Past, Present, and Future | |
Joseph Fox
Kelly Gray
David Henry
Corin Love
MKTG 3620
24 April 2012 Dr. Feng
Table of Contents
1. General Information 2 ISP’s 2 3PL’s 3 Decision Making 4
2. History of 3PL’s 4 Trucking Regulations 5 Railroad Regulations 6 Rise of 3PL’s 7 Merger Into Present Day 7
3. Current Issues 7 Case Study: USPS 8 Case Study: Shoe Carnival 9 3PL Options 10
1. General Information
The way business is conducted in today’s modern, global economy and technological infrastructure is a distant relative to the business practices of past generations. The mode in which business has evolved and changed has opened the door to hundreds of services and products to assist in contending in highly competitive markets. Today, the difference between two cents a unit and four cents a unit can often times mean the difference between making it big, or closing your doors to the competitor. It is in this way that integrated service providers have found a foothold in helping businesses with managing logistics services.
1.1 ISP’s
Integrated service providers (ISP’s) are businesses that provide warehousing, transportation, order entry, product delivery and a wide range of logistical value-added services to many other businesses, typically in a contractual relationship. This business, practically irrelevant in the past, has taken over in the age of giant companies and multi-national corporations that service millions of end consumers and even smaller corporations in their day-to-day business. Most integrated service providers are stand-alone companies, operating for the use of other businesses that utilize a supply chain but are not directly linked within the
Joseph Fox
Kelly Gray
David Henry
Corin Love
MKTG 3620
24 April 2012 Dr. Feng
Table of Contents
1. General Information 2 ISP’s 2 3PL’s 3 Decision Making 4
2. History of 3PL’s 4 Trucking Regulations 5 Railroad Regulations 6 Rise of 3PL’s 7 Merger Into Present Day 7
3. Current Issues 7 Case Study: USPS 8 Case Study: Shoe Carnival 9 3PL Options 10
1. General Information
The way business is conducted in today’s modern, global economy and technological infrastructure is a distant relative to the business practices of past generations. The mode in which business has evolved and changed has opened the door to hundreds of services and products to assist in contending in highly competitive markets. Today, the difference between two cents a unit and four cents a unit can often times mean the difference between making it big, or closing your doors to the competitor. It is in this way that integrated service providers have found a foothold in helping businesses with managing logistics services.
1.1 ISP’s
Integrated service providers (ISP’s) are businesses that provide warehousing, transportation, order entry, product delivery and a wide range of logistical value-added services to many other businesses, typically in a contractual relationship. This business, practically irrelevant in the past, has taken over in the age of giant companies and multi-national corporations that service millions of end consumers and even smaller corporations in their day-to-day business. Most integrated service providers are stand-alone companies, operating for the use of other businesses that utilize a supply chain but are not directly linked within the
Cited: Armstrong, Evan1, evan@3plogistics.com. "3Pls Weathering The Storm." Journal Of Commerce (15307557) 13.1 (2012): 176-178. OmniFile Full Text Mega (H.W Apr. 2012. “Averitt and Shoe Carnival: A Good Fit.” Averitt. Averitt Express, Inc., 2012. Web. 21 Apr. 2012 Morton, Roger. "The Post Office Looks For Better Returns." Outsourced Logistics 1.7 (2008): 14-16. OmniFile Full Text Mega (H.W Zorn, Christopher. “Staggers Rail Act of 1980.” Major Acts of Congress. 2004.