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Third Party Logistics – The Future of Procurement

There are many benefits companies will gain by outsourcing supply chain management to a value-added Third Party Logistics Supplier. 3PL’s offer an all in one solution for assembly, packaging, warehousing, and distribution of products and services. Utilization of a 3PL Distributor gives businesses a reliable logistic advantage, and maximizes the ability to be profitable and grow their companies.

Expansive Supply Network – 3PL distributors have a huge network of resources that provide benefits over in-house supply chains. Partnering with a 3PL means smooth execution of the supply chain in the most cost effective, efficient manner possible. By leveraging volume discounts and relationships, 3PL providers will lower your companies overhead and increase the speed at witch materials arrive.


Save Time and Money – 
Outsourcing logistics will save an abundance of time and money for your company. 3PL providers eliminate the need to invest in inventory technology, transportation, warehouse space and staff to operate the logistics process. 3PL’s can eliminate costly mistakes, and enable your company to build a regional logistical network with lower risk and higher return. Paperwork, billing, training and staffing issues are all greatly reduced by allowing a 3PL to get your goods where and when they are needed.


Knowledge and Expertise – 
3PL’s utilize industry best practices, and stay up to date with the latest developments in technology. 3PL procurement and tracking software is capable of advanced reporting, inventory management, and provides visibility to monitor the entire process in the cloud. 3PL providers use Just in Time practices to ensure the correct amount of inventory is shipped when and where you need it. Contracting with logistical and procurement experts allows your company to focus on your core competencies, and company growth. 3PL services will allow you to have peace of mind knowing that reliable, seasoned professionals are handling your logistics needs.


Proportional Flexibility – 
Using a 3PL provider will help you company gain the ability to proportion space, labor, and transportation according to inventory needs. Companies with ebb and flow periods can enjoy seamless transitions between industry ups and downs, having the ability to optimize space and resources when needed. Utilizing 3PL providers allows your business to grow into new areas without obstacles. 3PL’s have strategically located distribution centers, allowing for quick shipping of goods to anywhere in the world. 3PL providers have the resources to seamlessly support growth into new markets.


Endless Optimization – 
3PL providers have the internal resources to make adjustments on the fly to each link in the supply chain. 3PL’s have the tools to enhance the supply chain, and use technology that ensures the proper amount of goods arrives when and where you need them. Highly developed procurement software will analyze and monitor practices to eliminate inadequacies and streamline the supply chain. 3PL professionals will ensure your needs are met, by using the fastest, most efficient, and most cost effective methods. Partnering with a 3PL services will ensure continuous improvements are made to your logistics process. 3PLproviders will help to maximize profits, reduce wait times, and improve customer service.

 

Written By: Bruce Smith, Business Development Sales Specialist at North Coast Electric. Bruce Smith has been in the telecommunications construction and supply industry for 18+ years and he has held Construction Engineer positions with GTE Mobilnet and Verizon Wireless. For the past 6 years Bruce has been the Cellular Division Manager with North Coast Electric managing sales and procurement in 3 major markets for the Cellular Industry. Most recently Bruce has been added to the Business Development team at NCE to head up the 3PL and Cellular sales.