Logistics Management - April 01, 2004
Cover Story
Why Hercules outsourced its labors
When Hercules Inc. ran into financial difficulties back in 2001, the Wilmington, Del.-based manufacturer of specialty chemicals decided to take a hard look at all of its operations and reengineer the way it did business. As part of that cost-cutting process, the company handed off the management of its domestic carriers to Odyssey Logistics and Technology, a third-party logistics company (3PL).
When Hercules Inc. ran into financial difficulties back in 2001, the Wilmington, Del.-based manufacturer of specialty chemicals decided to take a hard look at all of its operations and reengineer the way it did business. As part of that cost-cutting process, the company handed off the management of its domestic carriers to Odyssey Logistics and Technology, a third-party logistics company (3PL).
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