Great video, this is how I explain it to my students: Subject: Read: Clarification on 3PL versus 4PL lecture today (this is a huge job market for ISMers) Students: I think getting an internship at Coyote Logistics (CL) would be an excellent opportunity for ISM students in general. Just keep in mind that non asset based 3PLs such as CL, CH Robinson, TQL, etc., recruit across all majors, especially general management, general marketing, and sales marketing. I would prefer that students work for companies that pay a premium for your ISM degree. However, 3PLs provide services in an industry that you are majoring in, so to that extent it is a great match for you. Also, some of you have strong sales skills and/or want to develop those skills moving forward in your SCM careers (which makes sense given that you will be interacting with suppliers a lot). A major trend in SCM is reverse marketing and supply base deproliferation. That means buying organizations are trying to shift a larger and larger amount of volume to a fewer and fewer number of suppliers (that way they get huge price discounts from economies of scale, make sense? - this is supply base deproliferation - reduce the number of suppliers that you do business with). Sometimes, you have to go to your current suppliers and convince them to take on more business (that is called reverse marketing). The goal is to do a lot of outsourcing with a few key strategic suppliers. For example, in reality, Toyota only has around 12 suppliers. It would be great work experience and would help you also get your foot in the door for another internship or even a fulltime job at OEMS such as GM and John Deere if you got some work experience at a 3PL or 4PL (all work experience is good work experience). Again, a 4PL is a company that can do all logistics for a company and a 3PL can actually only perform some logistics. For example, if you can only handle warehousing, but cannot handle inbound and outbound, then you are a 3PL (a truck driver with a trailer is a 3PL, but he/she is an asset based 3PL if they own the truck and trailer). 3PLS are evolving into 4PLs, which means if a company goes to them, then they (the 4PL) can perform all logistics services for a customer (i.e., inbound, outbound, warehousing, etc. - one stop shopping for all things related to movement of goods). Coyote Logistics has actually evolved into a non asset based "4PL" because they can do everything logistics related for customers. However, because they are non asset based, they do not own anything themselves. They just outsource everything to 3PLS and manage the process for their customers. Why would their customers not do this themselves? Because CL can do it better, faster, and cheaper and these customers can then focus on their core business (which usually has nothing to do with logistics). Finally, JB Hunt would be considered an asset based 4PL because they can perform all logistics services for companies such as Whirlpool, but JB Hunt actually owns the stuff it takes to move things around. For example, JB Hunt has trucks, trailers, drivers, containers, railway capacity, distribution hubs, etc. However, JB charges a premium for customized services and is not as price competitive as non asset based 4PLs. Whirlpool is very OK with that since JB Hunt offers exceptional quality service and JB Hunt still does it better, faster, and cheaper than Whirlpool. I hope this helps and makes sense. Do you feel like you know the subtle difference between a 3PL and 4PL? Would you want to work for a 3PL or 4PL? Dr. Sime (Sheema) Curkovic, Ph.D., Valluzzo & Lee Honors College Faculty Fellow Professor, Operations/Supply Chain Management Western Michigan University, Haworth College of Business Schneider Hall Room 3246, Kalamazoo, MI 49008-5429 Tel.: 269.387.5413; E-Mail: sime.curkovic@wmich.edu "Better, faster, cheaper"; www.wmich.edu/supplychain "WMU Integrated Supply Management (ISM)...Nation's best undergraduate SCM program (Gartner 2014); 2nd in SCM technology (SoftwareAdvice 2015); 2nd in top global SCM talent (SCM World 2017) Sample Lectures & Should You Major in Supply Chain Management? wmich.edu/supplychain/academics/lectures
Thank you for this valueable knowledge tomorrow my 3pl topic presention after watching this video I am fully prepare for presentation... Thank you so much
The laughing and multiple takes is confusing. I get the bubbly component, but he was trying to be serious and explain. Her questions were good, just deliver the message in one solid take.
hello Jessy, it's better if you speak normally rather than trying to be funny, cause that makes you look silly, yet thank you for the valuable information
This series of vids are GOLD! Great energy, charisma and production. Keep them rolling Lumi! Cheers
this girl is so great. always puts a smile on my face. so fun and goofy! :)
Awesome videos...Found you guys at the PERFECT time. Thanks !!!
This was so informative! Thanks for sharing Jessie :)
Great video, this is how I explain it to my students:
Subject: Read: Clarification on 3PL versus 4PL lecture today (this is a huge job market for ISMers)
Students:
I think getting an internship at Coyote Logistics (CL) would be an
excellent opportunity for ISM students in general. Just keep in mind
that non asset based 3PLs such as CL, CH Robinson, TQL, etc., recruit across all majors,
especially general management, general marketing, and sales marketing. I
would prefer that students work for companies that pay a premium for
your ISM degree. However, 3PLs provide services in an industry that you are majoring in, so to that
extent it is a great match for you. Also, some of you have strong sales
skills and/or want to develop those skills moving forward in your SCM
careers (which makes sense given that you will be interacting with
suppliers a lot). A major trend in SCM is reverse marketing and supply
base deproliferation. That means buying organizations are trying to
shift a larger and larger amount of volume to a fewer and fewer number
of suppliers (that way they get huge price discounts from economies of
scale, make sense? - this is supply base deproliferation - reduce the
number of suppliers that you do business with). Sometimes, you have to
go to your current suppliers and convince them to take on more business
(that is called reverse marketing). The goal is to do a lot of
outsourcing with a few key strategic suppliers. For example, in
reality, Toyota only has around 12 suppliers.
It would be great work experience and would help you also get your foot in the door for
another internship or even a fulltime job at OEMS such as GM and John
Deere if you got some work experience at a 3PL or 4PL (all work experience is good work experience). Again, a 4PL is a company that can do all logistics for a company and a 3PL
can actually only perform some logistics. For example, if you can only
handle warehousing, but cannot handle inbound and outbound, then you are
a 3PL (a truck driver with a trailer is a 3PL, but he/she is an asset based 3PL if they own the truck and trailer). 3PLS are evolving into 4PLs, which means if a company goes to them, then
they (the 4PL) can perform all logistics services for a customer (i.e.,
inbound, outbound, warehousing, etc. - one stop shopping for all things
related to movement of goods). Coyote Logistics has actually evolved
into a non asset based "4PL" because they can do everything logistics
related for customers. However, because they are non asset based, they
do not own anything themselves. They just outsource everything to 3PLS
and manage the process for their customers. Why would their customers
not do this themselves? Because CL can do it better, faster, and
cheaper and these customers can then focus on their core business (which
usually has nothing to do with logistics). Finally, JB Hunt would be
considered an asset based 4PL because they can perform all logistics
services for companies such as Whirlpool, but JB Hunt actually owns the
stuff it takes to move things around. For example, JB Hunt has trucks,
trailers, drivers, containers, railway capacity, distribution hubs,
etc. However, JB charges a premium for customized services and is not
as price competitive as non asset based 4PLs. Whirlpool is very OK with
that since JB Hunt offers exceptional quality service and JB Hunt still
does it better, faster, and cheaper than Whirlpool. I hope this helps
and makes sense.
Do you feel like you know the subtle difference between a 3PL and 4PL? Would you want to work for a 3PL or 4PL?
Dr. Sime (Sheema) Curkovic, Ph.D., Valluzzo & Lee Honors College Faculty Fellow
Professor, Operations/Supply Chain Management
Western Michigan University, Haworth College of Business
Schneider Hall Room 3246, Kalamazoo, MI 49008-5429
Tel.: 269.387.5413; E-Mail: sime.curkovic@wmich.edu
"Better, faster, cheaper"; www.wmich.edu/supplychain
"WMU Integrated Supply Management (ISM)...Nation's best undergraduate SCM
program (Gartner 2014); 2nd in SCM technology (SoftwareAdvice 2015);
2nd in top global SCM talent (SCM World 2017)
Sample Lectures & Should You Major in Supply Chain Management?
wmich.edu/supplychain/academics/lectures
Thank you for this valueable knowledge tomorrow my 3pl topic presention after watching this video I am fully prepare for presentation... Thank you so much
So glad to hear it! Best of luck and thanks for watching :)
Thanks for this excellent video, I reached out to ShipBob right after this video.
Very useful, thank you. I am in the process of researching shipping options before I launch my business in the New Year.x
This channel is actually very good.
Love Ship Bob..Rooting for you.
Fantastic Information! Thanks for making this
Very helpful video. I actually had a presentation in my MBA program about specialty 3PL’s, and I heavily referenced ShipBob. Thank you.
Any chance I could check out that MBA presentation 🤷🏽♂️
The best most informative video. Thank you!
Thanks for your informative videos, my teacher at university in Peru show us your video, regards :D!!
Wow! Very nice knowledge. Thank you.
This is awesome information
Lol. She is REALLY excited.
so which tecnology used for order processing . is it RESTFUL webservices or EDI.
hi i just open a warehouse in bay area,do you know where can i find customers for my 3pl business?
Thanks really great basic information.
Please share the formula which calculate the stacking height
Were fees ever brought up?
Thanks, nice talk!
how can this system help small business owners in Africa who want to sell to other parts of the world?
Does somebody knows abut international ships with shipBob?
Let the poor man speak his peace woman hehe! After every sentence she goes “Yep!” “Yap!” “Okay!” Super cute though 😉
Exactly!
Subtitle: George Where's your house keys?
That man looks exactly the same of Cody the prankster..
Twice the height tho
12:15 / 12:21 awesome!!!
Lumi we can do business..from philippines 🇵🇭
Shipbob need robots like Amazon for fasting picking/packing
...she's got the hots for him!
The laughing and multiple takes is confusing. I get the bubbly component, but he was trying to be serious and explain. Her questions were good, just deliver the message in one solid take.
Your right... She laughing simply in BTW while he explains. Other than that this was a good informative one...
Haha, greetings from Poland, then ;)
haha I'm gay but I love this girl
why does he look so nervous?
#lumi
hello Jessy, it's better if you speak normally rather than trying to be funny, cause that makes you look silly, yet thank you for the valuable information
Good content 👍😊 .. by the way u were so sexually excited !! Hhhh
Good video but are you like 5 feet tall or is he like 8 feet tall? Or both? lol
The lady's uncontrollable smile, laughs and interjections make the show unprofessional. Thou it's informative
Her voice and acts literally just made me tired..
And, please stop saying yes right after he said a word.