To Outsource or Not ... That's the Question for Richmond Events' Logistics & Supply Chain Forum's Newest Free White Paper.Business Editors Logistics & Supply Chain Forum 2003 NEW YORK--(BUSINESS WIRE)--Jan. 21, 2003 Third-party logistics A third-party logistics provider (abbreviated 3PL) is a firm that provides outsourced or "third party" logistics services to companies for part, or sometimes all of their supply chain management function. providers, or 3PLs, are a natural extension of today's logistics business, especially as companies focus on their "core competencies A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
tr.v. rel·e·gat·ed, rel·e·gat·ing, rel·e·gates 1. To assign to an obscure place, position, or condition. 2. To assign to a particular class or category; classify. See Synonyms at commit. so-called non-core functions to 3PLs, with the expectation that costs will be reduced and service levels improved. But does that really happen? That question and other critical issues are examined in Richmond Events' The Logistics & Supply Chain Forum's latest white paper entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: : 3PLs - Living Up To Expectations? The paper, produced by Senior Analyst Adrian Gonzalez For Adrián González footballer, please click here. Adrian Gonzalez (born May 8, 1982 in San Diego, California) is a Major League Baseball first baseman for the San Diego Padres. He was the first overall pick in the 2000 draft by the Florida Marlins. with ARC Advisory Group, was based on in-depth discussions with leading logistics executives who were on board the senior-level, invitation-only event last May. Specifically, the white paper examines topics such as: -- What makes an outsourcing relationship successful? -- What factors contribute to the shortcomings? -- How do you measure performance? -- Is it possible or sensible to bring outsourced operations back in house? "The 3PL industry is highly fragmented, both in terms of the number of providers in the market and their capabilities. Similarly, there's no standard approach to how companies establish and manage outsourcing relationships," said Gonzalez. Despite the complexities involved in the 3PL business, the paper does offer key findings and recommendations useful to those considering such a relationship or examining a current one. To receive a copy of this exclusive report, please contact Operations Manager See datacenter manager. Julie Terach at jterach@richmondevents.com or at 212.651.8773. To set up a briefing with the author of the report, please contact Conrad Hanf at chanf@arcweb.com or at 781/471-1155. About The Logistics & Supply Chain Forum 2003 The Logistics & Supply Chain Forum 2003 provides senior logistics and supply chain decision makers responsible for billions of dollars in logistics, fulfillment, procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. and customer relationship management budgets with two days of one-on-one meetings with leading service providers, executive conference sessions, keynote addresses keynote address n. An opening address, as at a political convention, that outlines the issues to be considered. Also called keynote speech. Noun 1. and think tanks. Places are limited for both delegates and sponsors, so if you are interested in attending as a delegate, or reaching this high-level audience as a sponsor, please contact Operations Manager Julie Terach at jterach@richmondevents.com or at 212/651-8773. |
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