3PL Guide: What Do Third-Party Logistics Companies Do?
In today's world, there are more and more ways to increase your business' efficiency and profitability. One way is by outsourcing certain tasks to other companies. These third-party logistics (3PL) companies can help your business by handling the day-to-day logistics of shipping and receiving packages at their facilities. But what exactly do 3PLs do? And how much does it cost to hire one? Read on for my guide on how these companies work as well as tips on choosing one that's right for you! What is a Third-Party Logistics (3PL) Company? In today's world, there are more and more ways to increase your business' efficiency and profitability. One way is by outsourcing certain tasks to other companies. These third-party logistics (3PL) companies can help your business by handling the day-to-day logistics of shipping and receiving packages at their facilities. But what exactly do 3PLs do? And how much does it cost to hire one? Read on for my guide on how these companies work as well as tips on choosing one that's right for you! 3PL companies can help you with order fulfilment, delivery management, courier delivery management and on demand delivery. Order Fulfillment: A 3PL provider will be able to manage the entire process from order placement to shipment via its own logistics network or outsourcing services. This includes warehouse space inventory management and order processing. Delivery Management: The 3PL provider will be able to provide 24/7 support for your customers with complete visibility into the status of each package being shipped through its own fleet of vehicles or by using third