Logistics Parks Blogs

The difference between 1PL, 2PL, 3PL, 4PL, and 5PL

In a global economy that demands efficient product delivery to satisfy customer demand, companies must find ways to optimize their production and delivery processes. For some this is an easy task, while larger companies need to adapt to meet customer demand. To assist in this process, companies can turn to logistics management services. Logistics management services differ in their features and offerings. Companies can relinquish control of some or all of their supply chain to logistics management services, depending on their specific needs. At the most basic is first-party logistics (1PL), and services progress in involvement up to fifth-party logistics (5PL). To capitalize on logistics management systems, companies must understand the difference between 1PL, 2PL, 3PL, 4PL, and 5PL.  PL […]

Read More

How green warehouse practices reduce cost: The double benefit of environmental sustainability

By understanding how green warehouse practices reduce cost, modern companies reap the benefits of improved bottom lines while boosting their corporate image. Going green proves to stakeholders that a company values sustainability and cares about the larger world outside the corporate conference room. Indeed, research shows that such initiatives are vital to global health now and in the future. And with the right green warehouse practices, the benefit becomes twofold by leading to cost savings as well. This article covers the cost-effective, competitive advantages of a green warehouse. Discover which green warehouse practices will save you the most money and how to implement them. Gaining a cost-effective, competitive advantage through a sustainable green warehouse Going green provides a competitive advantage, especially considering public interest […]

Read More

How to improve your warehouse efficiency

As the field of logistics changes, many organizations need to address the factors affecting warehousing efficiency in order to prepare for the future. Supply Chain reports that UK warehouses lose nearly three thousand hours every year, thanks to inefficient processes—especially when it comes to inventory control, packing, unloading, and picking. In the US, inventory management challenges like stockpiles of unsold goods hinder warehouse efficiency. And global organizations with underperforming supply chains struggle to achieve profitability, calling for a need to optimize everything from distribution to warehousing. The good news: according to Deloitte, 79 percent of companies with superior supply chains attain revenue growth that’s far above average. Why is warehouse efficiency more important than ever? Because the increased demands of e-commerce are […]

Read More

What is green warehousing? How sustainable warehouses can satisfy stakeholders, improve the bottom line, and prioritize the planet

What is green warehousing? And why is it important in the modern business climate? As the Information Age advances and as Earth continues to suffer the effects of climate change, well-informed consumers demand environmental and social responsibility from businesses, including green warehousing. Sustainability in business—demonstrated by companies that operate with concern for natural and human resources—can mean increased customer loyalty. Incorporating green logistics into warehousing as part of the supply chain can also yield better business productivity and improve a business’s bottom line. Applying green trends in warehousing offers nearly immediate return on investment (ROI) plus longer-term global improvements while satisfying stakeholders’ desires.   Today’s green warehousing practices As warehouse managers consider green warehousing in today’s business climate, they need to know […]

Read More