The Role of 3PL Supply Chain in the Post Pandemic Growth



The unprecedented economic disruption across all industry segments caused by the arrival of COVID-19 in North America has certainly affected growth in those industries. Consumer spending is down, the job market is down, and the feeling is that recovery will be slow. With vaxxines arriving in both Canada and the U.S. and a return to “normal” on the horizon, companies are already planning their post pandemic growth strategies. That should mean good news for cross-border shipping companies.

The Role of 3PL Supply Chain Companies

Shipping companies in Toronto quickly emerged as essential services during the pandemic. Relatively little disruption in shipping from Canada to the USA and vice versa during the crisis helped reduce societal fears that the world was collapsing. While that may seem dramatic, the fact cross border shipping companies kept the supply chain flowing was critical. As we look to the future and a post-pandemic recovery, 3PL supply chains will definitely be a driver of growth across all markets and industries. That may require changes in the focus of supply chains. Some analysts are suggesting that changing from a product-centred supply chain to a consumer-centric supply change is the best model for recovery. That remains to be seen. However, what is clear is that 3PL companies will have to take a hard look at their value proposition priorities and adjust their capabilities and business focus as necessary. In a digital age, where connectively across all aspects of business continues to grow, shipping companies in Toronto can easily remain competitive with some tactical adjustments in how they do business and the networks they use to fulfill customer needs.

Click here for more info:

Contact Us:

NATS Canada
Canadian Corporate Office, 2525 Haines Rd.
Mississauga
ON
Zip Code: L4Y 1Y7
Phone: 905.566.9890
Email: jeffwiseman@natscanada.com

Comments

Popular posts from this blog

How 5G Will Influence the Logistics Industry

How Flatbed Companies Can Help Ensure Employee Satisfaction

Safety Guide for Transporting Construction Equipment