The November 2011 edition of Inbound Logistics featured on article on how to pick a third party logistics (3PL) provider. It was great to see that optimization was #2 on the list.
We are seeing a rising trend in the value of optimization to a business. Optimization helps organizations reduce costs and improve operations by sorting through the vast amount of data available and recommending the best decision. (Click here for a nice 3 minute video on optimization and click here for an article in Forbes on the rise of optimization) It is no wonder that optimization is important to 3PLs and their customers.
In a blog entry we featured earlier this year, we noted that Navistar selected Menlo Worldwide Logistics as their 3PL partner, in part, because of their optimization capabilities. Also, the 3PL's of Fidelitone in the US and AFL in India (now owned by FedEx) also highlight their optimization capabilities.