Whether you’re gearing up to jump into the world of business ownership or you already own a business yourself, one piece of advice never fails to hold true: always keep an eye on your bottom line. But how do you do that? What’s the best way to be mindful of costs without sacrificing the quality that you promise your customers? For many, third party logistics, otherwise referred to as 3PLs, provides the answer.
What are 3PLs?
Simply put, third party logistics are businesses themselves. They get it. Just like you, they understand the importance of the bottom line, customer satisfaction, and brand consistency. 3PLs provide fulfillment services to help you out when you find yourself without the space, time, or employee power to fulfill your orders in-house. And while it may seem like an obvious solution to help a company short on time or resources move their product reliably and quickly, 3PLs do much more.
As businesses themselves, 3PL providers have a deep understanding of the logistics industry. You won’t have to worry about the nitty-gritty of shipping your own product, because going with a trusted 3PL means you’ve got an in with the shipping fulfillment industry. And, unlike a 4PL which adds another layer of brokering between you and the people moving your product, 3PL services are in direct contact with you through the whole process. With the integration of warehousing operations and transport, you can be sure that your product will be moved with expert care, on time, in a cost-effective manner.
What does the 3PL process look like?
While each 3PL may have a slightly different process when it comes to moving and storing product, they often follow the same general outline. When you decide to partner with a 3PL business, you send them your product. Upon receiving the product, your trusted 3PL partners will store that product safely in a well-maintained warehouse. The warehouse then acts as a fulfillment center when it comes time to fill an order for your business. When an order is processed, your trusted 3PL will then pick and pack the order at the warehouse. As experts in the logistics business, 3PLs know just how to pack your product to ensure it arrives safe and sound to its final destination. Shipping labels will be created at the warehouse, and the 3PL will send it off with one of its partnered carriers, be it AmazonPrime, UPS, or others. Tracking info can also be provided as a 3PL service.
In conclusion, 3PLs are fast, easy, and reliable businesses to partner with to streamline your business and improve your bottom line. In business, efficiency saves money, and 3PLs are experts in logistics efficiency. So remember, don’t sweat about shipping your own freight—3PLs are there to help!