Why are 3PL services important?
A trusted 3PL partner for your business is far-reaching in today’s business landscape”
A 3PL (Third Party Logistics) service offers outsourced logistics services. According to the Consumer Product Safety Improvement Act- “The term third-party-logistics provider means a person who solely receives, holds or otherwise transports a consumer product in the ordinary course of business but who does not take title to the product.”
What does a logistics company do?
A logistics company plans, implements, tracks and controls movement and storage of goods and information within a supply chain between the point of origin and consumption.
The role of a 3PL in a business
A 3PL service provider manages a business logistic requirement that includes procurement, inventory tracking, managing, storing, packaging and transportation.
Who uses 3PL service?
Small Business
Large firms
E-commerce business
Businesses supplying to both B2C and B2B customers
Fundamentally, it is suitable for any kind and size of business, as 3PL service providers cater to their clients’ specific needs and requirements.
What is the reason for using 3PL services?
In our daily lives, material desires are rising, causing a rise in demand for goods. Therefore, businesses are expanding their production to meet consumer needs.
The decision to utilise a 3PL partner reduces work load and allows businesses to focus solely on improving and increasing the production of their goods. This results in business growth.
Businesses with seasonal periods can enjoy stress-free transitions between industry ups and downs, having the ability to utilize more space and resources when needed.
Why do small businesses use 3PL?
Business growth requires more land to store the goods and more employees to keep track of production and delivery. In addition to increased internal needs and responsibilities, external factors become another barrier that discourages small businesses to expand. 3PL companies can reduce the cost of growth by taking responsibility of the logistic section and warehousing.
eCommerce businesses and start-ups use 3PL as their business growth partners as they can rely entirely on them to manage the fulfilment process while they work closely with their marketing activities to expand, improve and reach out to more people.
Strategic Reasons for using a 3PL service
Improve global capabilities. Reduce costs
Enhance security
Speed process change
Why companies use 3PL service?
Invest in Warehouse Space
The main motivation for using 3PL is to eradicate the need to invest in warehouse space, advanced technology, shipping, and labour cost, allowing the firm to focus on its competency. When a company uses a 3PL, it can manage labour, transport and space according to the stock available.
How does 3PL work?
3PL providers spread warehousing and staffing costs over many clients and allocate the exact storage space and staff time needed to hold inventory and fulfil orders.
Factors to consider when choosing a 3PL company
Find a provider that commits to continuous improvement
Seek stability
Determine customization capabilities.
Look for a range of offerings
B dynamic Logistics (BDL) stands out for secured trust and quality of service to our customers. BDL listens to customer requirements and provides customised services using advanced logistics technologies. We give full support to small businesses, e-commerce sites and multinational companies with various services all-encompassing of e-commerce fulfilment and warehousing, through customized, flexible, innovative methods with no hidden-costs.
Choose B dynamic Logistics today, to be your Trusted 3PL Provider.
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