It’s hard to predict at exactly what scale the effects of Covid-19 will have on logistics and 3Pl nationwide, but it will be affected. With all the panic and confusion consumers have rushed market places all around the world in an attempt to stock up on essentials. Also, suppliers have begun to stockpile parts when they are available. Some call this wise planning, but do they realize the effects it will have on the supply chain? 3PL providers can expect to see a fast increase as logistics companies struggle to keep up with the demands of restocking shelves, and filling orders. With all the fear of shortages, consumers will want their product at warp speed, also making expedited freight feel the pressure also.
Every time a customer clicks the order button on a website and waits for their product to arrive, a long series of events begins to unfold almost immediately. To illustrate the journey a product will go through with a 3PL business that helps out another business to get their customer’s what they want through value added services, we will take a look at what exactly happens when a customer hits order from the first click to the storage facilities and beyond.
Everyone has had experiences with companies like Amazon where you realize you need a product ASAP and need it delivered in just a few days. Despite you just having to click one button to place an order, a whole chain of events is kicked off that gets your package to you. However, the newest form of storage and product shipping has taken form in 3PL which seems to be taking the shipping world by storm.
The days of drop shipping products from your garage are long gone with giants like Amazon almost completely taking over that market. However, there are still plenty of brilliant products out there that just lack that special something to make it big and grow. A common thing that many growing businesses always fail to consider is the importance of storage in making their business grow.
There are some pretty awesome benefits to cash in on when hiring a 3PL to help your business thrive again. Many businesses have been relieved to find growth and a sense of relief in certain areas of their business after deciding to partner with a third party logistics provider (3PL).
Overcoming poor Yard Management must start with a simple diagnosis of your yards functions. Addressing the issue needs to start with finding it. It’s essential to have all areas of your supply chain operating at it’s best. We aim to help you find the problem areas in your yard and help you find solutions to these very problems. Yard Management is ever-changing, and staying current with these changes makes logistics flow smoother for all involved. Make sure your yard is one driver look forward to, rather than regret because it slows them down.
Logistics can go both ways, your business can run like a well-oiled machine, or...it can be more like a machine that needs to be serviced. Sometimes the mistakes being made are simple, and with a few small adjustments, your logistics management is ship shape. Other times, the mistakes being made are bigger, and enlisting a logistics team might be the best solution. We hope to be able to help you understand the difference and to know when to sound the alarm for SOS.
Though shipping rates are pretty standard, there are common practices you and your company can be doing to save on your FTL freight rates and even other shipping rates. You may already be doing some of them, and some, you may not know about yet. As shippers, we hope to help enlighten you in areas that can help save your bottom line. We know when working together when one partner saves, so does the other. Here are just a few ways to help you save and maintain great service with all future FTL freight and other shipments.
Poor 3PL performance can affect your company’s bottom line faster than you may think. Yes, mistakes happen, but choosing a second-rate third-party logistics provider will cost you and your business in the end. We hope to help you understand what to expect from your 3PL provider and help make you aware if you are receiving poor performance from your current provider.