Among the many changes currently taking place within the logistics industry, the fast pace of mergers and acquisitions among 3PL providers is one of the most notable. But where does that leave customers whose partners have been acquired? By default, they are faced with an array of planning and process changes throughout the transition, which complicates operations that are already complex, especially in the healthcare space. Just consider that one hospital may have 6,000 to 7,000 suppliers, and between 50,000 and 60,000 SKUs.
While M&A might be the best route for some 3PL companies, not all have chosen to grow by consolidating with other organizations. In fact, Inbound Logistics recently profiled TRIOSE as an example of one logistics solution provider that has been dedicated to organic growth as a means to maintain the integrity of the customized solutions and the high level of service we provide healthcare facilities.
We know growth cannot come at the expense of being able to deliver for customers — it must be managed methodically to ensure service and accountability remain top priority. Partnering with healthcare professionals to help them manage supply chain logistics in the most efficient and cost-effective manner has always taken precedence for us over all else, and it will remain our guiding principle. Unlike other companies in our space, we don’t answer to shareholders. We don’t run our organization to produce returns for an audience of investors. We are 100 percent dedicated to putting tools and resources into the hands of those who heal.
Over the course of nearly twenty years, we have done just that — focusing acutely on the evolving supply chain needs of hospitals and healthcare organizations and helping them solve all types of challenges, from ensuring medical professionals have the supplies they need, when they need them…to gaining visibility into freight spending…to uncovering hidden efficiencies among complex organizational structures.
This dedication is not without merit. Our approach has fueled steady organic growth, including exponential growth in recent years as we’ve built upon the landmark services that we’ve spent years refining to expand our total logistics solutions.
For more insights on the evolving logistics industry and how it may impact your business, read the full Inbound Logistics article, “Keeping Partnerships Strong in a Shifting Landscape.”