Global trade has been made so much easier in the modern era, owing to the rapid rate at which industrialization has evolved. We can now buy and sell anything anywhere because the right resources are readily available at our disposal. The business climate in the current world makes it possible for trade to take place quickly. With the proper marketing, you can have a customer base anywhere in the world. But how do your products actually reach these customers?
3PL or Third Party Logistics are companies that solely exist to make this part of the operation simple and accessible to companies selling goods and products. When you run a brick-and-mortar store, you don’t need to worry about getting the product to the customer. But when you get into E-commerce, you have to look for logistics partners that can help you take care of shipping, warehousing, carrier relationships, and much more.
Your supply chain depends heavily on these aspects of the business being hitch-free, which can be hard to achieve for a company specializing in making products and marketing. So here are some reasons for you to consider Third Party Logistics partners to make business easier!
1. Improve Transportation
Businesses just starting out don’t have the capital to invest in a fleet of trucks, but they need that regardless. Even if one could invest in something like this, it will not be cost-effective to maintain it.
Luckily, a 3Pl partner will provide you with expertise in the shipping department with the crew to take care of the process. Transportation is a highly complex process since it is a multi-modal operation. To ship out one package, it may need to go through a boat, plane, truck, etc. A transportation partner will already have ways to optimize your shipping process and make life easier for you!
2. Real-Time Analysis
A 3PL partner gives you complete transparency in the process from the moment a package is shipped from your end. The supply chain is smoother when you have real-time information of all the blockages, issues, and efficiencies. With this information, you can make better-informed decisions and ensure that everything runs smoothly and on point.
3. Warehousing Specialism
A good 3PL partner will sort you out with warehousing as well. Warehouses are something that needs special attention, especially if you have an extensive inventory. Inventory management requires professional skills because messing up orders is very common when it is about large volumes. It is something that can hurt your business badly and do irreversible damage to your image, like losing customer loyalty.
4. Specificity of Industry Dynamics
When you work in a specific industry, you need to understand the dynamics of what needs to happen with your supply chain. Sometimes business management doesn’t necessarily have the same kind of expertise in supply chain management. This is something that needs professional assistance since you need contacts with suppliers and carriers. You also need industry-specific tricks to make sure that everything is moving smoothly. When it comes to supply chain management, there is no one-size-fits-all approach. You need to know how you approach this, and a professional 3PL partner can help you achieve that.
5. Valuable Experience
In tandem with the point above, a 3PL partner will bring to the table what you require the most; experience. You need somebody that is well versed in moving and storing product in bulk, and based on that you need somebody who can fit the approach specific to your needs. A 3PL is a company that specializes in the moving and storing aspect of a business. But by dealing with a multitude of clients, they learn tips and tricks and industry standards based on the industry they are working with.
The bottom line is, regardless of being in a B2B or a B2C business model, you could make good use of working with a Third Party Logistics partner since they can simplify the supply chain for you. At the same time, you focus on making the product and making profits!
If you’re someone that requires professional warehousing services, ARK India is where you’ll find it. We provide inventory management, WMS-enabled warehousing, and integration of store systems with warehouse systems. These services are available to make your warehousing a simplified, professional, and cost-efficient operation through us. Drop us a mail at info.arkindia.co.in for queries.