3PL Outsourcing
- Evaluate the proposals and stack rank the bidders.
- Ranking the bidders is an art and a science. You will need to weigh quantitative items such as pricing with the soft qualities such as ease and flexibility of working with the 3PL. The low cost bidder may not be the low cost provider. Relationships are a key attribute of a successful outsourcing arrangement. Select a 3PL that matches your corporate culture and values.
- Negotiate final pricing and terms and conditions with the top-ranked bidder.
- Announce the winner.
