What are 3PL Logistic Companies? Know By EIKON International

Moving stuff from one place to other seems to be easy but in reality it’s quite a cumbersome task which requires a proper planning and prior technology support. Hiring of third party logistic is in trend because of the advantages it gives to stay one step ahead in core competencies.

But before going ahead on how logistic companies like Eikon International benefit you, one must have clarity what are third party logistics services actually means?

3PL Logistic Companies

Logistic plays an important part in supply chain management of any organization. The primary tasks logistic company specializes in are integrated operations of warehousing and transportation that satisfies customized customer’s needs and requirements.

a) Transportation Based Logistic Services: These companies keep their prime focus on transportation's but never hesitate to offer extended transportation with comprehensive set of logistics. If firm is leveraged it uses assets from other firms and on the other hand if it is non-leveraged it uses assets belonging to parent firm and organization.

b) Warehouse or Distribution Based Logistic Services: These are the companies which make end to end logistic coordination to keep supply chain strong and robust. In today’s time these companies efficiently manage following things possible.

• Cross docking imported goods.
• Strategic workforce management.
• Last-time configuration and deliveries.
• Industry specific Supply chain oversight.
• Final stage packaging and kitting and more.

c) Shipper Based Logistic Services: It entirely focuses on management of shipping process from start to end apart from this; it also focuses on transportation management system and integrated fright management services for the elimination of heavy tasks such as accounting as well as fright management. It is informative and provides matrix reports and fright data which enhances the visibility and control on future logistic outcomes.

d) Financial Based Logistics Services: A financial based logistic company provides following different services with efficacy.

• Provides fright payments and auditing.
• Cost accounting with quality control.
• Monitoring tools.
• Tracking, tracing, booking and monitoring and managing inventory.

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We hope the information we tried to impart through the blog would be a help for you to resolve your confusion on logistic services. If you want to explore more make feel free to contact Eikon International a proficient logistic firm working in the field from years.