The shipping and warehousing business is a vital component to everyday life that provides the convenience and reliability that most people have come to expect when dealing with the all things commercial. Moreover, there are certain aspects of shipping and warehousing that are necessary to continue to provide both everyday convenience and reliability. One specific aspect that is a useful necessity for most businesses is known as 3PL Warehousing. Louisville is home to several shipping/moving companies that understand the importance of 3PL.
What is 3PL Warehousing?
3PL stands for third-party logistics. Third-party logistics services are when a third party provides logistics for part or all of a customer’s chain management functions. So what are a customer’s or company’s chain management functions? Well, typically they include clearly features of warehousing, negotiations for freight rates, transportation management software and assistance as well as the following functions:
* Asset based and Non-Asset based assistance
* Forecasting and analytical reporting
* Fulfilling orders and Freight bill auditing, etc.
These functions are just a few general issues a third-party logistics provider can assist your company with. Similar to other shipping and moving services, third-party logistics can be customized to meet a customer’s needs.
The Benefits
In addition to customized assistance, there are many other benefits to taking advantage of a moving company that provides 3PL Warehousing. Louisville moving companies that provide this particular kind of service generally offer two key components that any customer can benefit from—shared responsibility and the capability to efficiently improve distribution networks. Shared responsibility may sound like a simple concept, but really it entails accountability for managing global supply chains, accommodating customers, quality delivery service and so much more.
The capability or capacity to improve one’s distribution networks, on the other hand, sounds more complex because it is. Here, 3PL provide needs to be able reengineer networks to meet a growing demand that is unique to a specific company and industry. Being able to reengineer distribution networks is extremely beneficial because doing so can help a company gain a competitive edge.
Ultimately, you can see that 3PL Warehousing is more than just storing goods. Therefore, it never hurts to ask a local moving and shipping company for more information regarding these services.
