October 20176 logisticstechoutlook.comLinda James Managing Editoreditor@logisticstechoutlook.comCopyright © 2017 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.OCTOBER - 2017Mailing AddressValleyMedia, Inc.44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510.996.5173, F:510-894-8405 Oct - 2017, volume 03 - 05 Published by ValleyMedia, Inc. To subscribe to Logistics Tech OutlookVisit www.logisticstechoutlook.com Managing EditorLinda JamesEditorial StaffSalesAaron Pierce Banu JohnJoshua ParkerRaj KumarAva GarciaFrank NoelKyle SummersSarah FernandesVisualizerRenukesh GangurAngela ParkerKatherine Jones katherine@logisticstechoutlook.com510-996-51733PL Technology SpecialEditorialThe relationship between shippers and third party logistics (3PL) providers is undergoing a sharp change--moving from being a merely transactional-based one to more meaningful partnerships. Fluctuating capacities and escalating shipper demands are creating a volatile environment for shippers and logistics providers that are trying to optimize the supply chain. The focus is no longer on the mode of transportation, but on the most efficient means of moving products. To this end, 3PLs are turning to data aggregation and analysis to determine the best shipping methods. Big data analytics has become vital for supply chain managers, helping them better understand shipping alternatives.3PLs and 4PLs are leveraging data analytics to optimize the supply chain, increase end-to-end visibility, and roll out new capabilities. However, drawing value out of data can be challenging as the data continues to grow rapidly. Moreover, with a large portion of information being unstructured, organization and storage of data are proving to be time-consuming and expensive. And so shippers and 3PLs are focusing on improving the data accuracy by using state-of-the-art technologies and methodologies. Logistics providers are getting more operational and tactical with how they use insights into the supply chain to create value by optimizing networks and processes--contributing to overall improvement.While transformation and change are difficult to embrace, the experience of 3PLs and 4PLs will be of great value to shippers. To provide better data-driven solutions, 3PLs are enhancing their service offerings, developing their skills, expanding their geographical reach, and investing in latest technologies.In the wake of data-driven optimization that will shape the future of the supply chain industry, Logistics Tech Outlook presents its 3PL edition featuring insights from industry thought leaders and solutions from innovative technology providers. We hope this edition is helpful in preparing you for the challenges of tomorrow.Let us know your thoughtsData-Driven Optimization*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
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