3PL is leveraging data analytics to optimize the supply chain, increase end-to-end visibility, and roll out new capabilities. However, drawing value out of data can be challenging as the data continues to snowball. Moreover, with a large portion of information being unstructured, the organization and storage of data are proving to be time-consuming and expensive. And so shippers and 3PLs are focusing on improving the data accuracy by using state-of-the-art technologies and methodologies. Logistics providers are getting more operational and tactical with how they use insights into the supply chain to create value by optimizing networks and processes—contributing to overall improvement.
Additionally, technologies like RFID help improve shipment visibility and provide real-time shipment tracking capabilities. Coupled with state-of-the-art telemetry systems and route optimization capabilities that ensure not only driver safety but also quick and secure delivery of goods, critical supply chain functions that were once challenging can now be carried out effortlessly. Furthermore, to better cater to specific niche markets such as food processing, 3PL companies customize their solutions for specialized environments like cold storage facilities. The dynamism surrounding the 3PL sector has garnered the interest of enterprise CIOs determined to bring more value to customers.
To simplify the task of finding best-in-class 3PL solution providers, a distinguished panel comprising CIOs, CEOs, CTOs, analysts, and the Logistics Tech Outlook editorial board has reviewed hundreds of companies and shortlisted the ones spearheading innovation. The featured firms demonstrate an outstanding ability to innovate and deliver specialized solutions that suit clients’ requirements.
In this edition of Logistics Tech Outlook, we present to you “Top 10 3PL Solution Providers in APAC - 2021.”