In the age of newCommerce, Third-Party Logistics (3PL) firms are becoming the crucial link in the supply chain for many companies looking to better manage delivery and fulfillment. With this growing industry come several challenges, including labor shortages, price compression, and technology development.
Supply Chain Management Review recently published a Q&A where I discuss how 3PLs can overcome challenges, how the industry is changing with the times, and how customers can evaluate a 3PL prior to engagement.
I will be sharing further insights on 3PLs at the 3PL Value Creation North America Summit 2018 in Chicago this October.
Rich Hamilton serves as Managing Director and Lead for Cushman & Wakefield’s 3PL Specialty Advisory Group. He brings a diverse professional background including experience in Manufacturing & Supply Chain, Third Party Logistics and Industrial Real Estate.