Select one of the 3PLs that has a pharmaceutical focus (or select a 3PL of your own choosing) from the Thomas A.

Select one of the 3PLs that has a pharmaceutical focus (or select a 3PL of your own choosing) from the Thomas A. Fosters' article Top 25 Third-Party Logistics Providers Extend their Global Reach. Write a detailed summary that describes the services provided by the 3PL specifically tailored to the pharmaceutical industry to meet the issues and challenges.

Expert Solution

3PL: Third Party Logistics: This is supporting the supply chain at the world level and providing specialized services on warehousing, logistics and other services needed for the supply chain management.

One of the 3PL service provide from the 25 well known services as per Foster’s article is

3PL’s Name - Excel plc – Berkshire, UK
Revenue - This is the 3PL service provider and it has revenue generation 8.3 billion.
Coverage: It ha s95% coverage in the global world, it means it has covered almost the whole world for the #PL services.

Detailed summary that describes the services provided by this 3PL specifically tailored to the pharmaceutical industry to meet the issues and challenges are as below

Warehousing - It provides the warehousing services in the global market for many business including the pharmaceutical business. The key challenge that it resolve is warehousing for pharmaceutical at the common locations.
Distribution – It manage the distribution services for all the business including pharmaceutical in the global world and it developed the smooth process of distribution for the medicines and pharmacy products.
Air Freight Forwarding – It extend its services for “air freight forwarding” for the import/export contains of the medicines based on customer needs.
Ocean Freight Forwarding - It extend its services for “ocean / ea freight forwarding” for the import/export contains of the medicines based on customer needs.
Consultation for supply chain – This is a specialized services offered by this group for their worldwide customers in the global market.
Brokerage for customers – Brokerage for customer is also supported by the Excel group.
Transportation management – This is the key service that is essentially required for most of the business in the global world. It helped in smoothing the transportation challenges and issue of the pharmaceutical segment. This has developed the specialized dispatch for the pharmacy transportations.
Home delivery – Home delivery is also important service that they offers and this is helpful for the pharmacy segment as well.

keosha answered 2 years ago

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