3PL Spotlight: November 2024

CSCMP edge 2024

Chris and Zach Kane (Founders) launched their new venture, 3PL-RX, at the CSCMP edge Conference in Nashville from September 29 to October 2, 2024. Reconnecting with industry friends strengthened their confidence in the Resource Exchange Service they’re offering 3PL providers. They look forward to growing their network with upcoming website content and webinars.

Welcome to Our Second Spotlight - November 2024!

At 3PL-RX, we specialize in providing a resource exchange for logistics and supply chain solutions that meet the unique needs of our clients in the third party logistics (3PL sector). With a commitment to excellence, we integrate advanced technology and industry expertise to ensure efficient and compliant 3PL resources. Our dedicated team works collaboratively with partners to enhance operational effectiveness and drive innovation, ultimately delivering exceptional service and value. Thank you for joining us as we continue to grow and adapt in this dynamic landscape!

MEE Webinar - Nov. 21st , 12pm ET

This event addresses how demographic and societal shifts are disrupting workplace dynamics, especially impacting frontline team members. Ryan Donovan and Robert Martichenko will share strategies to build a stable, meaningful work environment that aligns with modern workforce challenges, focusing on dignity, long-term thinking, and adapting to changing demographics and attitudes.
Sign up here.

Mergers & Acquisitions

Having first hand experience buying and selling a 3PL, please contact Chris Kane for a confidential conversation on the matter.

Real Estate

Home Depot is shifting its strategy in response to changes in the retail market by reducing its warehouse footprint. This move reflects the evolving landscape of e-commerce and consumer behavior, as the company aims to streamline operations and enhance efficiency in its supply chain. The decision underscores the broader trend of retailers reassessing their logistics networks to adapt to new challenges and demands.

For more details, read the full article here.

Safety

Environmental & sustainability

The EPA's fifth edition of climate change indicators for the United States provides essential data on how climate change is impacting various environmental factors. This comprehensive report highlights trends in temperature, precipitation, sea level rise, and other indicators that reflect the ongoing changes in our climate. The information is crucial for understanding the broader implications for public health, ecosystems, and regulatory compliance within various industries.

For more insights, you can access the full report here.

Prologis is advancing sustainability by designing tailored industrial spaces that reduce carbon emissions and energy use. Through innovative practices, they’re helping to decarbonize the built environment and support long-term environmental goals. Learn more about their green initiatives here.

AI technology

McKinsey discusses how effective warehouse automation requires a tailored approach that aligns with specific operational needs and strategic goals. Success depends on choosing the right technologies and carefully managing the integration process to optimize efficiency and improve overall warehouse performance. Learn more

In case you missed it

Last months Cyber Security Webinar Highlights - Hosted by SEDLACK

Continuous Improvement

Chris Clowes explores how continuous disruptions—from geopolitical tensions to shifting consumer behavior—necessitate robust Continuous Improvement (CI) strategies in 3PL partnerships. The SCALA 3PL Best Practice Forum, held in October 2024, highlighted CI’s potential to strengthen 3PL-client relationships, enhance service levels, and reduce costs while avoiding the disruptions of re-tendering. Key takeaways emphasized the importance of foundational CI alignment in people, processes, and technology, as well as a focus on cost drivers, value-added services, and sustainable practices. Clowes concludes that when CI is implemented effectively, it fosters resilient partnerships capable of adapting to industry shifts, driving long-term mutual growth.