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Follow on Google News | Ultriva Solution Solves Explosion of SKUs and 3PLs as Demands Increase in Supply ChainUltriva Solution Solves Explosion of SKUs and 3PLs as Demands Increase in Supply Chain
By: TR Cutler According to the report, General Motors, Procter & Gamble, and Wal-Mart each use 50 or more 3PLs. The report also quantifies the Global Fortune 500 3PL market at $250.2 billion, a 67% increase since 2005. Within the Global 500, “Technological” The average customer is utilizing each 3PL for just under three different logistics services with Transportation Management being the most frequent service utilized. Of the total 6,398 3PL/Customer relationships, 1,184 or 18.5% are strategic with the 3PLs performing supply chain management and/or lead logistics provider services. While these strategic relationships were dominated by Automotive and Technological industries in the past, there are increasing numbers of strategic relationships within the Retailing and Industrial industries. Laksham observed, “In the last few years alone, I have seen a huge increase of SKUs. Look at the Apple Ipod or now the Iphone with the abundance of colors. Ultriva believes that this 3PL is part of a transformational strategy. With several changes in the market – an explosion in the number of FG SKUs, more and more configurable options based on customer demands, shorter lead times - companies are moving towards a Demand Driven Manufacturing model with a need to build a Demand Responsive Supply Networks.” To read the entire blog, go to: http://web.ultriva.com/ About Ultriva Ultriva (www.ultriva.com) Ultriva, Inc. www.ultriva.com Cynthia Leonard Marketing Executive cynthial@ultriva.com 408.961.2495 End
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