A few years ago, businesses used to be lucky if they had access to 3PL companies that could handle the transport of goods from one location to another. With the rise in online shopping, and the ability to have a variety of products on-hand, such companies were more of a rarity. However, more businesses are reaping the benefits of access to such companies, especially those that deal with bulky goods.
Small Inventory Is where 3PL’s Really Shine
Smaller businesses that handle only a few pieces of inventory each month can benefit significantly from using a company like this. They can keep their budget relatively low by using a third-party logistics company. Instead of trying to get shipments into their store in trucks or boxes, they can simply get them there using trucks or boxes shipped by the 3PL company. It’s not a perfect process, but it is significantly more efficient than a large, brick, and mortar retail store.
Websites have become a massive part of the e-commerce world, and online stores can benefit immensely from having access to a shipping company like this. The process works the same as using a traditional retail store, except that they can ship from their website instead of going into a brick and mortar store. Rather than trying to find a big truck to load up a box of goods that they don’t even have in stock, they can just ship that box directly from their website. This scenario keeps costs down and allows them to keep their costs low as well.
3PL’s Have Unique Abilities
Some websites specialize in shipping products over vast distances in just a few days, but the process doesn’t work the same as a big box retail store does. Some businesses are happy to take the time to ship out items over long distances in a few days, and these companies tend to be bulk companies that own a lot of inventory. By using a 3PL warehouse and not a big box retailer, they can save money and still keep the costs low.
Today’s economy has provided many businesses with the opportunity to use e-commerce websites to make money. Many retail stores are struggling with dwindling sales, while more people are relying on online sites to purchase items for themselves. Retail stores have been trying to figure out how to stay afloat with their massive stores, but they may be falling behind. E-commerce sites need to use shipping services like those that use third-party logistics companies to make the most of their stock.
Third-Party Logistics Duties
Third-party logistics companies do all the work for businesses, everything from picking the best shipping containers to loading them with goods. They do everything from packing a truck to moving an entire warehouse.
By using these logistics companies, businesses can ship large items from their warehouse in their warehouses with just a few boxes. Even warehouses that don’t have a physical location can benefit from using a shipping company that handles the delivery of large items. They can ship products off-site and make a move relatively quickly once the shipment is complete.
This method saves companies a lot of money. If they were to try to ship out a truck full of goods, it would take them weeks to ship it. They would have to pay for delivery fees, have to put the goods on a truck, and then drive it across town to the customers.
Shipping companies that use their services are already professionals. They know how to pack the goods securely, so they can ensure that the items arrive safely. They know how to store the products correctly and can work with businesses that are not as well versed in how to store their goods.
Companies that sell their goods on significant online marketplaces can also benefit. They can keep their products much fresher by having access to their warehousing warehouse without the hassle of moving from location to location. They can still get the goods into their stores, and they can sell products online to get a piece of the profit, meaning a more significant return on their sales, which ultimately translates into higher profits.
3PL Warehouse Services
Storage warehouses also provide convenience. Large retailers can have their products shipped straight to their door, without having to lift a finger. While the use of a warehouse can seem like an expensive luxury, the cost of shipping is meager and can make a massive difference to a company’s bottom line.