Singapore – Has the recession been good to 3PLs? Yes – for smart companies.
John Langley Jr, professor of supply chain management at Georgia Institute of Technology and director of supply chain executive forum, as well as Mark Goh, director of industry research at The Logistics Institute – Asia Pacific, were speaking at a THINK Logistics forum this week, during which the results of the 14th annual 3PL study was released.
“Shippers have to work closely with 3PLs even if they were traditionally hesitant to, while 3PLs need to go beyond their transportation roles to offer high level industry information,” says Langley, author of the report.
Together with Goh, they speak on the state of the industry, the changed relationship between customers and 3PLs, and tackle the tricky question of what the new supply chain “normal” is.
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