3pl solutions can dramatically improve your ability to scale your company. You might have heard of third-party logistics, but have no idea how it can affect your ability to scale and grow your company. If you have begun to find that order fulfillment is limiting your ability to grow your company, then 3pl is the next logical step for your needs.
There are many ways to structure the way that your inventory is handled when you contract with a 3pl entity. The decisions that you make about how your contract handles inventory can affect your bottom line and also your shipping schedule. You will want to pick the right inventory solution for your needs before engaging a 3pl company.
If you have a new business, or if you are ready to move your established company to a supply chain model, 3pl or third-party logistics, can be the answer to your needs. These purchased services execute the logistics needed to help you ship your products to your customers efficiently.
So, you’ve got your product manufactured, packaged, and ready to be shipped. What now? Sure, you could haul it in your personal car or truck, but as your volume increases, you’ll end up in a strange limbo- not quite enough product to justify investing in a shipping truck, but way too much to carry in a regular car. When you get to this point, a 3pl solution may be able to help.
3pl, or third-party logistics, is an excellent solution for businesses looking to increase their logistics’ viability and efficiency. While not every business owner is a logistics expert, they don’t have to be. With third-party logistics providers all over the market, companies can find someone to handle warehousing, packaging, or inventory management with ease.
When you’re at the helm of a growing business, you need services that provide the biggest bang for your buck. One way companies seek to attract and keep customers is through value-added services: additional services provided at little or no cost.
Although the market for cold products can be oversaturated depending on the product’s nature, there is still money to be made. If you’re a growing business turning profits on cold products like food or drinks, you’ll need a way to ship in a cold environment. 3pl gives companies just that.
Alright- you’ve got your product, you’ve got manufacturing figured out, and you know how you’re going to market. But how are you going to store your product before it goes out to your clients or hits the shelves? Safe, sufficient storage is a must for any growing business- something you absolutely can’t go without.
In an era of streamlined technology, online marketing, and increased communication, anyone can start and run a thriving business. The internet has provided the movers and shakers of the world with so many innovative solutions for their problems, one of them being 3pl manufacturing.