Compare performance and cost factors against industry averages, competitors, and previous performance metrics.
Understand how your logistics and 3PL warehousing operations compare against the market. Turn insights into actionable deliverables to close gaps with your 3PL.
Get Free ConsultationBenchmarking of 3PL Contracts is an effective way to compare performance and cost factors against industry averages, competitors, and previous performance metrics. Working with Logistics Avenue Consulting on benchmarking service can give an understanding of how your logistics and 3PL warehousing operations compare against the market and other companies.
We are well-aware of industry practices and keep abreast of the latest standards and technologies and can help you understand if your current logistics operations could be further improved from service, cost and other perspectives.
Benchmarking of 3PL Logistics can yield valuable insights around costing and performance results and their interrelated metrics — these insights can be turned into actionable deliverables that you could request from your 3PL in order to close any gaps identified through the benchmarking exercise.
Logistics Avenue Consulting can provide benchmarking assessments on:
The assessment will include an evaluation of the attractiveness of each of these elements — for instance if the benchmarking assessment would reveal that your costs and operational effectiveness are subpar to the industry levels, LAC will provide you with detailed insights on how to close these cost gaps with your 3PL and support you or lead the negotiations with the 3PL.
Benchmarking of your logistics contracts is a great way to understand if the services which are being provided by your 3PL are competitive from cost, service and other perspective — based on this assessment LAC can also close any gaps with your 3PL through negotiations or provide recommendation on how to adjust your contract logistics strategy.
Compare service levels and operational effectiveness against industry levels.
Identify cost gaps and get detailed insights to close them with your 3PL.
Turn benchmarking results into concrete requests for your 3PL partner.
Gather contract terms, costs, and performance data.
Benchmark against industry averages and competitors.
Evaluate attractiveness of each contract element.
Close gaps through negotiations or strategy adjustments.
Cost and service benchmarking of warehousing and distribution contracts.