In the last two decades, the 3PL industry has undergone tremendous transformations. These changes are fueled by rising customer expectations, the emergence of innovative technologies, shifts in manufacturing and retail business models, growth in ecommerce businesses, which have opened new avenues for 3PL companies.
Instead of offering traditional warehousing and transportation services, 3PL companies are diversifying their services to become end-to-end logistics providers. Realizing the potential of data analytics in improving operational efficiency, more and more companies are now leveraging connected technologies such as artificial intelligence and machine learning. lot is also gaining prominence for 3PL companies, enabling them to track and authenticate products and shipments using GPS and other technologies. Besides, as transparency is one of the most prominent reasons for dispute between parties in the supply chain, block chain proves to be a saving grace. With a decentralized and distributed edger, the technology is helping 3PL companies to enhance transparency in the supply chain. Nonetheless, many 3PL companies are also offering integration services to break the data silos, maximizing efficiency, productivity, and profitability to a large extent.
With such innovations, several players are venturing into the 3PL space to help supply chain companies leverage the technologies to the full. We have compiled this issue of Logistics Tech Outlook to assist companies in finding accomplished 3PL partners for a streamlined supply chain. In this edition, our editorial team has listed "Top 10 3PL Solution Providers 2021" and “Top 10 Emerging 3PL Solution Providers 2021” to highlight the companies that can drive your business growth.
We present to you Logistics Tech Outlook’s “Top 10 3PL Solution Providers - 2021”.
