Outsourcing

The demand for greater operational efficiency along with enhanced service levels from business customers, and the desire amongst consumers for greater levels of convenience, are driving improvements in the quality of logistics operations.  Indeed, improving the quality of logistics operations could be the source of major competitive advantage for many organisations.

Outsourcing

In order to improve logistical operations, many organisations outsource activities to a third party logistics provider (3PL).  This can result in major improvements as it provides access to industry leading expertise in logistics and the latest logistics technology.  Importantly, a 3PL can identify synergies with its other customers and pool its resources to achieve greater economies of scale resulting in lower costs and greater efficiencies.  However, relationships with 3PL’s must be carefully managed through effective contracting to ensure control is delegated but not lost to the 3PL, and to ensure the 3PL operates in the interests of the organisation.

Table 1 identifies the potential advantages and disadvantages of outsourcing logistics operations.

Advantages Disadvantages
 Cost reduction Loss of control
Improved efficiency and service levels achieved through greater economies of scale  Increase distance from customers and suppliers resulting in loss of personal touch
Allows focus on core competencies  Negative impact on in-house workforce
Access to leading expertise Conflicting objectives
Access to latest technology without capital investment
Free up resources
Risk sharing

Table 1: Advantages and disadvantages of outsourcing

2018-12-11T13:49:02+00:00