If you are an owner of a business, it is important that you understand 3PL and what it can do for your business. When you are building a business, you will find that it will grow. Once it grows to a certain point, you may have trouble filling all orders by yourself. It is at this point, that you may want to invest into a third party. This is going to help you in many ways. We are going to talk about the things you should know when you are talking about third-party logistics.
What is 3PL?
This is going to be a company that is not within your company. It is another company that comes in to help yours. It will allow you to fill more orders and get more done in your company that you cannot do. The coin 3PL began to grow in the 2000’s. Most people will utilize these companies in warehouse settings to ensure that their inventory is counted for.
The Jobs of a Third-Party Company
When you hire a third-party to help you, you need to know what you have on hand. A third-party company can help you determine your inventory. They will help you know what is on hand. Plus, they can help you determine what items can be shipped and what needs to be ordered.
Once the party has received the inventory, the items will be stocked and filled as needed. The company will help you organize your warehouse. Each item that is in the warehouse, will have a code or SKU on it to determine where it goes. This will allow you to know where each item is and how much is left. Keep in mind that your company may grow and your 3PL needs to be able to grow with you.
Another part of the job is order picking. This company that is hired will have a system that is put in place for workers to pick them. This picking process will be put into place by your third-party help. This will allow you to make better decisions when it comes to your business.
Lastly, packing is the last thing that they can help with. Obviously, your company will know what you have so they will be able to package them. A 3PL is going to help you get your items out quicker than before because everything is organized. Your items will be shipped out in a timely manner as well.
Taking the time to understand how a third-party logistics company can help you is necessary. They are going to help you better understand your company. 3PL can help your company go from zero to the top with just a little bit of help. It is also important to understand what a 3PL is so that your company can take advantage of what they do. Take the time to visit our website so we can help you determine your needs and what will help you! Contact Us Today!