3 Amazing Ways a Good 3PL can bring Success to Small Businesses
A good and solid third-party logistics firm or 3PL is an essential aspect of so many young businesses looking to garner an edge against their competition. In a world of harsh competitors and the rising tide of e-commerce and small businesses needing a middleman to assist with an ever-growing delivery and organisational system, it’s no wonder more 3PL companies are popping up. There are still so many small businesses out there that haven’t seen the light it seems that would benefit incessantly from a good and reliable 3PL that haven’t done so already.
There could be any number of reasons that potential clients are a little averse or even aloof to the proper inner workings and utilities of a 3PL provider. So, we’re going to lighten the load and hopefully turn a few heads with a quick rundown of what exactly a 3PL is and more importantly, the 3 ways they are able to bring life to any small business.
What we mean when we say 3PL
There are many variations on the concept that have many different attributes that are correlated with a variety of differing needs for any given business. That’s a mouthful we know, in other terms for a business, the necessity for outsourcing certain logistical responsibilities is the only way forward for a burgeoning business, as the revenue grows, there comes a time where assistance is required. As such, we have differing tiers of logistical support that can accommodate the different sized businesses and their needs. A 3PL is the more common although it ranges from first to even fifth party logistics.
The third which will be our focus today is the outsourcing of logistics and supply chain management, this extends to warehouse management, supply chain management and fulfillment and packaging requirements.
If we were to use an allegory, we’d say on a farm, a farmer would outsource his produce to a third-party logistics company to take care of packaging, storage and delivery of the various goods to consumers or stores.
3PL for small businesses success
1. Flexibility In Spending
Now we get to the crux of the matter, the benefits that arise from contacting a 3PL and the inherent ways it can shoot a company from obscurity to the stratosphere. One of the ways resides in the natural flexibility in spending that accrues from outsourcing to a worthy company. Most of the time, a third-party logistics company will allow a greater flexibility in the spending habits of the company, this accounts for seasonal fluctuations and other potential changes in a business.
2. Taking Care Of The Essential Annoyances
There will always be occupational annoyances stemming from a business’ various channels. The supply chain management and general day-to-day in delivery and packaging being a primary one. When outsourcing to a 3PL, not only are you outsourcing the mundane and repetitive tasks, you’re freeing up your essential employees into doing more business-centric tasks that will propel your bottom line further.
3. Access To More Advanced Technologies
One of the lesser quoted benefits to a good and reliable 3PL service is the access to more sufficient and advanced technological advantages that naturally reside within a company that is dedicated to third party logistics. Their extensive knowledge on best practices and tactical planning will also propel your business in the right and steady direction. It seems the adage is true in that surrounding yourself with smarter specimens seems to bring about a more positive outlook, trusting a third-party logistics company to do what they do best will undoubtedly help any small business grow naturally over time.