Friday, January 13, 2012

The Power of 3

I have borrowed the subject title from the much popular website 'Inboundlogistics.com'. (For more information on the article visit- http://www.inboundlogistics.com/cms/article/3pl-perspectives-2011-the-power-of-three/) Much has been discussed about outsourcing a company's logistics to a 3PL (third party logistics provider). To have a successful Supply chain, manufacturers need to find suitable 3PLs who have the operational efficiency. A great deal of operational savvy is needed when it comes to managing your transportation and warehousing activities. The decision to keep these functions in-house or outsource it is entirely strategic and can significantly impact an organization's bottom line.

Recently, Contract Manufacturing has been a topic of discussion amongst 3PLs. We know pharma companies and CPGs using contract companies, but many automobile manufacturers are moving towards this phenomenon. We, at MRC Logistics, offer contract manufacturing services to companies like KSB Pumps at Pune. We do the assembly activity at our own warehouse (at close proximity to KSB's plant).