Armstrong, Chainalytics partner for 3PL benchmarking services

Partnership will provide 3PL services providers with various benchmarking capabilities.

By ·

Two leading supply chain consulting firms announced this week they have launched a multi-year marketing and co-branding partnership to provide third-party logistics (3PL) services providers with various benchmarking capabilities.

The firms in this partnership are Armstrong & Associates, a supply chain consultancy focused on 3PL market research, and Chainalytics, a supply chain consulting firm focused in enabling fact-based supply chain decisions.

Through this new partnership, these firms will develop what they described as Model-Based Benchmarking (MBBC) for 3PLs, which Chainalytics has offered in the past to Fortune 100 retail, consumer packaged goods, and manufacturing industries. Armstrong will serve as Chainalytics strategic marketing partner.

Officials at the firms said in a statement that this partnership encompasses a joint marketing and industry analysis methodology to target all domestic 3PLs with significant transportation spend in truckload and intermodal, including dry van, refrigerated, and flatbed equipment types. And as part of the service, 3PLs will receive a wealth of transportation information, including 3PL-specific surveys, benchmarking rate comparisons, peer fuel program and operational factor analyses, and online tools for batch rating.

“This makes sense for us,” said Evan Armstrong, president of Armstrong & Associates, in an interview at the eyefortransport 3PL Summit in Atlanta this week. “We do a lot of 3PL benchmarking and have done a lot of pricing benchmarking for warehousing and some on the transportation side, too. But really what Chainalytics has done is build a practice that is focused on transportation benchmarking and it has primarily been with shippers. We have been talking and decided to work together in helping to target the 3PL space and build some benchmarks for 3PLs.”

The first phase of this partnership will focus on domestic over-the-road purchased transportation, which will be followed by LTL, ocean import/export, and heavy air models. And Armstrong and Chainalytics will host a webinar on Wednesday, June 30 at 3 p.m. ET to discuss the current state of the 3PL industry and the working relationship between the firms.

Armstrong said the focus of the webinar will be to get 3PLs on board and building enough of a base for the consortium to drive 3PL participation, develop benchmarks and provide visibility for 3PLs.

“Armstrong & Associates’ track record as the de-facto standard in 3PL industry analysis and consulting is a big reason why we made the decision to partner,” said Matthew Harding, Principal Chainalytics, in a statement. “The depth of Armstrong & Associates relationships and the breadth of its customer base and analysis in the 3PL market provide a unique opportunity to expand transportation market intelligence.”


About the Author

Jeff Berman, Group News Editor
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman

Subscribe to Modern Materials Handling Magazine!

Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Latest Whitepaper
The Five Point Tune-Up for Your Warehouse
Ready to make your warehouse smarter, stronger - and more profitable in every way?
Download Today!
From the August 2016 Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
5 Emerging Technologies Enabling Competitive Advantage for Distribution
Come hear about the latest in each-picking robotics, co-bots, artificial intelligence, autonomous vehicles, sensors, drones and droids that are enabling competitive advantage for distribution.
Register Today!
EDITORS' PICKS
Destination Maternity: Destination Automation
Running short of space in its old facility, Destination Maternity Corp. built a new, highly...
Hibbett Sports: Faster, Flexible and Efficient
A high-speed conveyor and sortation system at Hibbett Sports’ Alabama distribution center speeds...

Necessity is the mother of invention at Quiet Logistics
Faced with the loss of a robotic pick solution, Quiet Logistics invented its own robots. Are they...
VSP sees the solution
VSP Global turned to automated storage and robotic piece picking to increase the throughput of its...