3PL stands for ‘third-party logistics’. In short, it means working with a company that specialises in managing your warehousing and shipping needs. There are many reasons why businesses choose to partner with a 3PL provider. These include:
One of the biggest advantages of using a 3PL is that it can save you money. Working with a third-party logistics provider gives you access to their economies of scale, which means you can get lower rates on transportation, warehousing, and other services.
A good 3PL provider will have systems and processes in place to streamline your shipping and logistics operations. This can free up your time so you can focus on other areas of your business.
Improved customer service:
When you work with a 3PL, you benefit from reliable shipping and deliveries. This keeps your customers happy!
A benefit of working with a 3PL is that they can scale up or down as needed, depending on your business’s needs. This flexibility can be a lifesaver during busy times or when you’re expanding into new markets.
Five top tips on what to look for in a 3PL company
1. Make sure you choose a reputable and experienced provider. There are many 3PL providers out there, but not all of them are created equal. Make sure to do your research and choose a provider that has a good reputation and is experienced in working with e-commerce businesses.
2. Make sure the provider offers the services you need. Every business is different, so it’s important to choose a 3PL that offers the specific services you need, for example, warehousing and order fulfilment. Even better, find a 3PL provider that can create a custom service to meet your exact business needs.
3. Ask about pricing. Pricing is always an important consideration when choosing a 3PL provider. Make sure to ask about pricing upfront so you know what to expect.
4. Make sure your provider has a robust network of transportation and warehousing resources. With all the best facilities in place, your logistics operations will run smoothly and efficiently.
5. Make sure your provider can scale to meet your growing needs. If your business sees a quick upturn in orders, make sure your 3PL provider can keep up with demand.
Why work with LTS?
When you work with us, you’ll have peace of mind knowing that your shipping and logistics are in good hands. This allows you to focus on running your business, rather than worrying about whether your shipments will arrive on time.
Our team can assist you with every step of your supply chain, including import, order fulfilment, inventory management, transportation, warehousing, and more. Our facilities are modern and well-equipped to handle a variety of goods, even those that require special handlings such as fragile items or oversized goods.
Whether you need us for a single project or ongoing support, we can collaborate with you to customise our services. For more on our 3PL services, contact us today.