We are often asked why a client would work with a third party logistics (3PL) provider rather than work directly with the carriers of their choice. To us it’s a simple answer, the value that we can add far outweighs the perceived cost of using a middleman. The cost of moving goods is much more than the price on the invoice and the value of working with an experienced and knowledgeable partner that understands the true cost of delivering your goods can be invaluable.
More and more manufacturers, distributors, retailers and e-tailers are leveraging working with a 3PL. So what is all the buzz about? What value would a 3PL bring to your company?
We round up some ways working with a 3PL would bring value to your company below:
1. Network connections & industry experience:
We have a vast resource network available that provides advantages over many in-house supply chains. Using a 3PL’s resources and relationships, allows for each step in the supply chain to be executed in the most efficient, cost effective way. 3PLs can leverage relationships, knowledge of industry trends and volume discounts. All of which result in lower overhead and the broadest range of service options allowing you to manage your costs based on your changing service needs.
Working with a team that has experience in all aspects of supply chain management will not only make your job easier it will allow your company to grow your reach without the need to grow your team.
2. Save your company time and money
Outsourcing logistics will save a wealth of time and money for your company. Using a 3PL provider eliminates the need to invest in warehouse space, technology, transportation, and staff to execute the logistics process. 3PL providers can save from costly mistakes, and allow your business to build a global logistical network with lower risk and higher return.
3PLs save you the time needed to carry out the supply chain. There is no need to worry about the paperwork, billing, audits, training, staffing, and optimization involved to get your goods where they need to go.
3. Continuous optimization to maximize your company’s profits, reduce wait times & improve customer service
3PLs have the tools to restructure the supply chain, and use technology that ensures the proper amount of goods arrive when and where you need them. Sophisticated management software can analyze and monitor practices to eliminate inefficiencies and streamline the supply chain. Outsourcing 3PL services will ensure continuous improvements are made to your logistics process. Third Party Logistics providers can help maximize profits, reduce wait times, and improve customer service.
Outsourcing logistics allows your company to focus on your core competencies, and leaves the rest to the experts like us. 3PL services will allow you to have peace of mind knowing your logistics needs are being handled by reliable, seasoned professionals.
Radius Logistics is a full service transportation partner focused on customer service. We provide shipping and logistics services across Canada. Contact us today – we’d love to provide your company with shipping and logistics solutions.