Efficiency is key in today’s economy. To maintain an efficient edge over competitors it requires time, money and focus on maintaining an expert edge on the company’s core competency. Additionally, problems can arise when a company diverts its energy from its core competency. For this reason, many companies have realized that outsourcing functions such as logistics, allows their employees to refocus effort on more relevant tasks to reach their goals. Competitive businesses cannot afford to divert their attention from their products in order to get the best bang from their logistics. Over 85% of fortune 500 companies choose to outsource some part of their logistics operations and utilize 3PL providers. East Coast Transport would like to highlight the top reasons why a company should outsource 3PL services, a Third-Party Logistics Provider.
The Primary Reasons Most Companies Choose 3PL Services? Time and Money: When you use a 3PL provider like ECT, there is no need to invest in a large logistics division. Companies who do, are required to have ample warehouse space, transportation, an expert operations staff. They have to worry about billing, wages, audits, training the staff, space optimization. Those companies that choose to outsource to 3PL, understand that a skilled Third-Party Logistics Provider will perform all these more efficiently. This saves both time and money and ensures that experts in the logistics field are handling the company’s logistics efficiently and competently.
ECT Understands that One Size Does Not Fit All Needs: The ability to have scalability and flexibility is very relevant. As the business grows, the logistical needs of the company grow and these again take time and money to scale up. During slow times, if logistics is not outsourced, logistics manpower is not fully utilized, and this eats into valuable capital. With a third-party provider, a company hires logistics resources in direct response to business growth. This keeps costs at optimum levels while providing the flexibility to scale up and down quickly.
Take Advantage of ECT’s Core Expertise as a 3PL in logistics management: ECT knows about the best practices in the industry, and as a 3PL we up stay to date with all the latest regulations. We have the skill and experience to manage it all, from a small to a very large scale, with high efficiency. Their software is optimized and provides a wide range of reports. Companies using ECT have strong visibility and monitoring capabilities for a worry-free logistics environment. This ensures that companies can focus on their core business activity, assured that their logistic needs are being handled by trained, seasoned professionals.
ECT Offers Continuous Optimization and the Latest Technology: ECT as a 3PL are experts in managing links in the supply chain. It is their core competency. They have the resources to adjust to changing, individual circumstances, and have the ability to constantly monitor each link in the supply chain to ensure they get the fastest, most efficient service, which in turn means the same for their clients and companies. ECT staff are abreast of the latest technology and the company has invested heavily to be a premier 3PL. Individual companies do not always have the funding capital required to ensure they have the newest technology. ECT is constantly on top of the technology trends and advancements, especially in food safety and transportation. This ensures the latest and the best is available for their clients.
Logistics is often an add-on activity for businesses, and East Coast Transport understands this. ETC constantly searches for the best options available for shipping and other logistical solutions, providing this service to companies. ECT believes that a business should be spending their energy on their key value, and product. Logistics is a very important part of business operations, particularly in the food industry and retail industry. Poor logistics can often cost a company their ‘brand value.’ This is precisely where ECT as a 3PL player fits, and why companies now rely on outsourcing their logistics divisions.