Whether your company is a B2C or B2B provider of goods, there’s a lot more going on in warehousing, inventory and transportation trends than meets the eye. You might be on top of the latest cloud-based systems, demand forecasting and multi-channel sales. But current trends go beyond the tools to affect how business is done. A starting point to get things done efficiently is by understanding how a third party logistics provider can help.
Speed & Agility – If there are overarching changes recently in the way we do business, it is the speed at which companies must adjust to new realities (including social, political, economic, environmental and sector-specific), and in maintaining the agility to do so. And that’s exactly where a third party logistics provider can help.
3 Times a Third Party Logistics Provider Will Come to Your Rescue
1. When You Need to Scale – Scaling your inventory, warehousing needs and distribution network, up or down, at any given moment, is costly. You may need to find new suppliers, or suffer the expense of getting out of contracts. Warehousing space can be at once difficult to find and difficult to get rid of.
A 3PL helps you scale all your business logistics, including supply chain, transportation, inventory and warehousing services, up or down to meet your needs without you having to take your eye off the goal: improving your business
2. When You Need the Latest Technology – Yes, technology is merely a tool. But, as it advances, its power to improve visibility into your company’s operations, inventory optimization and cost management, gives you a clarity that lets you make decisions and adjust exponentially faster than before. And with more confidence. Not having it can put you at a competitive disadvantage.
It is advantageous for 3PLs to constantly maintain the latest technologies. Not just to meet your needs, but to help them do what they do more efficiently and profitably.
3. When You Need Multiple Distribution Centres – There’s a reason the largest players in eCommerce invest massive amounts of capital in properties around the world. The closer their products are to their end consumers, the less costly and faster they can fulfill their customers’ orders.
A 3PL makes it easy for you to keep distribution centers where you need them, until you don’t need them there any longer.
If you liked this post, check out our recent article about our new distribution centers in BC and Ontario.