Selecting the Right Fulfillment Partner in a Pandemic

What is 3PL?

When Should You Hire a 3PL?

Types of 3PLs Providers

  1. Fulfillment & Distribution: This is the most common type of 3PL company, which primarily serves e-commerce businesses. Business owners can use them to store and deliver orders at a lower cost. Some of these 3PL companies also offer customer service and take care of customer returns.
  2. Transportation: Warehouse managers and business owners can partner with 3PL transportation companies to save costs on shipment. The extensive network of these transportation companies and their contacts at ports help clients save both time and money. USPS, UPS, and FedEx offer such 3PL transportation services.
  3. Financial: Large companies and warehouse facilities often outsource their finances to 3PL providers. The financial 3PL model mainly constitutes cost control and accounting. It is suitable for businesses and warehouse facilities that require freight forwarding, inventory tracking, and bank financing.

What are the benefits of using 3PLs software?

  • Business owners and warehouse managers can receive live quotes from several freight carriers and automatically dispatch the inventory according to a preset preference.
  • The 3PL system can proactively communicate with multiple logistics providers to pull tracking information as soon as it becomes available.
  • Managers can use the software to spread their inventory across different storage locations to speed up the delivery process.
  • Using the app, businesses can balance the demand by keeping track of total orders and packets in transit. This will prevent committing excess capital to the supply chain.
  • The 3PL software can assist in rerouting orders to specific distribution channels and fulfill orders as quickly as possible.
  • Automating the supply chain will lead to fewer errors and improved customer service.

Important Things to Consider When Choosing Right Fulfillment Partner

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Rahul Badnakhe

Rahul Badnakhe

Technical Content Marketer,looking to share insights, continuously learn and innovate. Keep Reading, Keep Learning!