3PL SEARCH AND SELECTION
Scope
Our 3PL search and selection service covers the following:
Geographical Location
Evaluating Insourcing versus Outsourcing
RFP Development
RFP Management and Bid Negotiation
Benchmarking
Contract Negotiation
Implementation
Objectives
Our objectives typically include:
Reduce costs
Improve quality and service level
Enable growth
Improve customer service
Deliverables
Geographical location identification
Identification of reputable 3PL partners that have the capabilities to handle your business and for whom your business is attractive.
Detailed RFP outlining all volumes and operational requirements
NDA management and bid distribution
Responding to RFP questions
Managing 3PL responses and evaluating proposals
Leveling and negotiating 3PL bids
Detailed assessment of financial and qualitative impact
Recommendation of the best provider
Contract negotiation
Transition planning to the new 3PL
Implementation management
Ongoing support
Methodology
Project Kickoff: Learn operational requirements and scope of business needs.
Gather Data & Information: Collect quantitative and qualitative data that pertains to warehouse handling requirements.
Process & Data Validation: Validate the process procedures and quantitative data to ensure an accurate depiction of the volumes and requirements.
RFP Development: Write an RFP that contains critical information for the candidates to provide complete and reliable bids in a comparable format.
3PL Identification: Identify reputable 3PL partners with the capabilities and requirements to run the distribution successfully.
RFP Management: Make your business attractive and guide the bidders to offer competitive bids.
Bid Evaluation & Leveling: Assess proposals in detail, develop a strategy for negotiating with selected providers, and assist in negotiations.
Site Visits: Develop a comprehensive agenda and utilize our expertise to assess the providers’ operational and business practices.
Contract Negotiation: Establish a negotiation strategy with one or more providers and assist in negotiations to ensure you get the best deal for your company.
Implementation: Plan and manage the transition from the current state, whether existing 3PL or in-house, to the new 3PL partner.
Ongoing Support: Provide 3PL management and auditing support to ensure a long-term, successful partnership.
Full-Service Partner – Establish has the capabilities to support you throughout every step of the process, all the way from discovery through implementation and beyond.
Market Knowledge & Experience – Our extensive background in working with 3PLs means we have strong working relationships with 3PLs of all sizes and expertise in the US and abroad. We are familiar with their operations and service offerings and have well-established connections with them.
Warehousing & Supply Chain Expertise – Our experience from completing over 1,000 warehouse design and improvement projects provides us a unique advantage and authority when outsourcing. We speak their language and know their business.
Bid Management & Detailed Analysis – Our data-driven tools, resources and methodologies developed from our deep history in the selection process enables a comprehensive tender to ensure a productive undertaking for our clients.
Right Price for the Right Services – We make sure that the bidders completely understand all the details of the business they bid on. This eliminates surprises after signing and also the need for buffers in the pricing.
3PLs Suited for YOUR Business – We pre-screen a large number of potential bidders, inviting those specializing in your type of business with a need for new customers at locations that are attractive to you. This creates a competitive landscape to ensure a strong, cost-effective bid.
Levelled Playing Field – Detailed RFP specifications and a high-touch process ensures comparable bids. This guarantees a competitive value-driven bidding environment with no excuses or hidden costs.
Contact us for more information on our services.