Organizations realize operating benefits in their day-to-day logistics functions when they identify and select the right third-party logistics providers. Logistics leaders can follow this four-stage process to complete an effective invitation to tender or request for quotation.
- Prepare: Define Expectations and Needs
- Execute: Motivate the 3PLs to Compete for Your Business
- Evaluate: Ensure That Your ITT Considers All Relevant Criteria
- Evaluation Criteria
- Deliver: Use This Checklist Before Sending the ITT to the 3PLs
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