Logistics got its start in the military as a way to deliver equipment and supplies to troops. Its evolution into a “tool of the trade” began in the 1950″s, when complexity dictated that businesses find a way to globalize supply and demand by shipping products via an international supply chain. Fast forward to today, and those complexities still exist. Be it at the point of origin or the point of consumption, management is essential. This means that a solid distribution services plan vital in the global marketplace. Continue reading
A business owner or manager interacts with people daily that help to improve the company’s bottom line. They have to know the right people and organizations to build relationships with, which will be able to promote the correct interests and help guide them to increased revenue. This is why business partnerships and connections are so important, but for many companies it cannot just be a single person doing this work.
Outsourcing warehousing and distribution to a 3PL (Third-party logistics provider) carries with it numerous benefits for the enterprising business owner or manager. It’s a long held rule of savvy
business: If someone else can do it more efficiently, it’s probably worth letting them do it. By leveraging the strengths of a 3PL in optimizing your warehousing and distribution, you can refine your business to new heights—and new profits. Here are just a few reasons to consider third-party warehousing and distribution:
Sharing a resource means sharing the expenses—without losing anything in the exchange. With third-party logistics, the equipment, resources, and man-hours that would go wasted if you handled the matter in-house end up tasked to others; that increased efficiency would put money in your pocket even if a 3PL had nothing else to offer over in-house warehousing and distribution.
The third party logistics (3PL) industry is expanding as more organizations realize the benefits of outsourcing logistics to specialized companies. To attract more customers, 3PL organizations offer a wide range of services, ranging from transportation to customs clearance. A very important aspect is that certain warehousing and distribution solutions ensure critical operational improvements, resulting in faster return on investment and greater profitability.
As a shipper, it’s very important to understand your needs in order to best assess what type of 3PL solutions are appropriate to your current circumstances and future development plans. Most 3PL service providers have combined a variety of warehousing and transportation services that can be further customized according to customers’ needs. Here’s a practical guide to the warehousing and distribution operations 3PL companies are able to complete nowadays. Continue reading