Do I Need Third Party Logistics?
March 29, 2022
Many companies are turning to third party logistics warehouse solutions. They are looking for a number of features, including secure warehousing and storage, order fulfilment, picking and packing, and freight, and they want it all managed by a company that does a great job.
You Get Storage, Packing, and Distribution Services
One of the services that comes with third party logistics is storage, packing, and distribution. They will provide real time information that is always accurate, so that you always know where your products are. They also manage your inventory in real time, which makes it easy to plan. Your items will be shipped efficiently and on time, which saves you time and money.
In addition, they will store all of your items in one warehouse, and they will have quality control through regular inspections. They have the ability to ship single products or large containers, and they can dispatch it on the same day. They can also send out shipments with deliveries to multiple locations and scale their services to meet your business’s needs. Third party logistics companies know how to manage the supply chain so that you get the best and most cost-effective service for each order.
Services They Can Provide
They can provide a number of services related to your logistics needs, including the following:
- Inventory management
- Pick n pack
- Storage of your inventory in a safe and secure warehouse
- Inward goods management through records, receipts, and tracking systems
- Outward goods management through a data focused despatch system and reporting
- Quality management systems for product tracking
What Is a 3PL?
A 3PL is a third party logistics provider, and they offer logistics services that assist businesses with their shipping needs. These providers are able to customise their services to best meet the needs of each company. Companies can choose the services that they need, and it is scalable, so they can change it as needed to suit their business’s needs.
They help you with many aspects of your supply chain, and they increase your visibility. The bottom line is that they create value by improving your operations, finances, and customer satisfaction by providing you real time information on the location of any of your items.
Advantages of Using a 3PL
There are many advantages to using a third party logistics provider. Take a look at the following:
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Expertise and Knowledge
Fulfilling orders, storing inventory, and shipping are all logistical challenges. 3PLs are experts in this area, and they have many years of experience in this field. They have contact throughout, and they can use those contacts to make sure that your products get where they need to go quickly and visibly.
If you are shipping internationally, they have experience with rules and regulations. They know what documentation you need, how to deal with customs and duties, and they understand the shipping regulations. This will ensure that your shipments are always compliant.
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They Save You Time and Money
When you use a Third Party Logistics provider, you can reduce or eliminate your need for warehouse space, delivery vehicles, tracking technology, and more. You can focus on selling your products and keeping your customers satisfied, and they will handle the storage and shipping of your products.
They can advise you on supply chain issues that are expensive or carry risk, and help you optimise your inventory, which saves money over time. By relying on a 3PL, you can save time and manage your shipping and storage processes more efficiently.
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They Are Scalable
Finally, when you use a 3PL, you can use only the services you need. If your business grows, you can increase your inventory, but you won’t be billed for it unless you have it. When you rent space for your inventory, you don’t have this option. This is a huge asset to businesses that are growing or scaling back because they only need to pay for the services and space they need and use.
Final Words
Using a Third Party Logistics provider is beneficial to many businesses because they handle all of your inventory storage and shipping needs. You can focus on the heart of your business, and they will give you real time information on where your products are in the supply chain.
