Third party logistics providers (3PL) help you keep customers happy – which is key to your long-term business growth.
The success or failure of any business relies on overall customer happiness in terms of ordering process, product quality and delivery. If you’re not only manufacturing products but shipping them out as well, there are more opportunities for mistakes and inefficiencies.
If you want to grow your business, you need to focus your energies on what you do best. Outsourcing to a 3PL provider can provide that focus as well as help your business grow.
- You gain back time to focus on growth.
The first benefit you’ll see from outsourcing is increased time across the board. Logistics and warehousing needs can take a lot of time and resources to manage. Why not get these responsibilities off of your plate? By removing the shipping and packaging responsibilities from your team’s to-do list, you can have everyone spend more time on new product development, advertising and other essentials that will take your business into the future.
- You integrate multiple costs under one vendor.
Pick up, distribution, packaging and returns handling are all portions of the shipment process. If you’re trying to handle them on your own, there are often several separate costs involved. You’ll also want to call multiple vendors and carriers so you can be sure you’re getting the right services and prices. However, with a 3PL provider, you can integrate all of these costs and just pay one vendor rather than several for your packaging needs. This can free up capital so you can allocate more toward growth.
- You reduce the likelihood of loss and damages.
Even the most comprehensive supply chain can experience the risks of loss and damages. This can quickly add up to increased costs for your company, which can inhibit growth. A 3PL company will handle the entire supply chain so that the risks of loss, theft and damage are minimized. This can help your budget and increase growth opportunities.
- You improve your credibility and public standing.
Outsourcing provides you with a decreased risk of delays, damages and losses, so orders are more likely to get where they need to be and when. With each on-time, accurate delivery through your 3PL provider, you build a stronger relationship with your target market, which can contribute to your future growth.
3PL providers can fuel your company’s growth in multiple ways. Teaming up with the right one is a smart move if you value your resources and your bottom line.