3PL Logistics, also known as Third Party Logistics, is the process of managing inventory by moving it to and from distribution centers. Third-party logistics providers play an important role as trusted advisors - giving companies access to insight into best practices when it comes to inventory management (i.e., lean thinking). It's always a good idea to have additional supply sources.

Yard management can be a difficult task for many businesses. There are so many different logistics that must be managed, and if one thing goes wrong it can have an impact on the whole process. Because this topic can be complicated, we’ve put together a few challenges of YML.

If you own a manufacturing company or work for one, you are probably aware of how much the costs are when it comes to recruiting, training, employment taxes, and employee benefit packages. Unfortunately, many supply chain labor markets have a huge shortage. For this reason, many manufacturing companies will outsource work to third parties or 3PLs. This can allow you to upscale your operations without spending too much time hiring and training a skilled workforce.

As your business grows, you want to make certain that you have proper storage in place to cover the needs of your business as you expand! Some business owners take their storage space for granted until it’s too late, thinking that it is an issue they can deal with as time progresses.

3PL, or third party logistics, is a way to outsource your logistics. This can be anything from shipping to management to transportation. It is also common for using a third party's warehouse services. It is a way for you to focus on what you need to focus on and let someone else handle the rest. This allows your company to grow because with 3PL now your hands are free.

Sorting is a key element in your warehouse system as this is the structure of your system and effectively allows your supply chain to work efficiently. If you have a good sorting system in place for your business, then all other issues you face will fall into place.

Have you an understanding of a “3pl” (or third-party logistics)? How can a 3pl benefit your growing business? As most companies begin to expand, they discover that their product distribution is not flowing as smoothly as it should. This is where the “3pl” comes into play!

No matter what type of products you stock, the inventory of those products can make or break your business. Proper inventory control can mean the difference between growing your company or losing your customers.

Third-party logistics (also known as ‘3pl’) is a system set in place which allows you to outsource your warehousing and distributions to another location, so that these needs for your business are protected and your service to your clients remains a top priority.