Here Are Some Ways Third-Party Logistics (3PL) Can Reduce Supply Chain Risks

Supply chains across various industries have been feeling the pressure due to changing consumer patterns. These changes are most significant during a pandemic, which is why incorporating agility into your supply chain is vital – it will help you meet this demand. ProConnect Integrated Logistics can provide that in spades!

Supply Chain and 3PL

Supply chain management covers all the aspects of how goods are moved from one point to another. It’s about everything including manufacturing, procurement and distribution, as well as final delivery to the customer. These processes can be improved with help from a 3PL company that specializes in supply chain management.

3PLs can help reduce supply chain risks in a variety of ways:

Businesses face many different types of risks across their supply chain. To reduce these risks, 3PLs can help businesses appoint and focus on their core competencies, freeing time for other operations in the supply chain. In addition to this, a 3PL helps maintain up with the dynamics of logistics sector by reducing risk factors like rates per mile or shipments lost due to theft or damage. Here are some ways that a 3PL might help mitigate business-related risks:

• Providing inventory visibility so you know where your stock is and when it is moving.

• Planning out your logistics strategy based off past data.

• Accurately tracking deliveries using GPS technology.

A 3PL company is a logistics company that provides services in transportation, fulfillment and distribution across the United States. It offers competitive rates, reliable carriers and experienced personnel who make your supply chain run smoothly.

Cost Saving – Logistics partners offer a competitive price for shipping and can have better rates, premium distribution, warehousing and fulfillment. They also have the capability to offer other value-added services like advanced technology-which together can prove more cost effective than if you went with an individual carrier or shipper.

Better Stability – Many things can disrupt supply chains. When this happens, a 3PL company can help by providing stability to your supply chain operations and ensuring that you do not lose business due to disruptions in the supply chain.

Space Crunch / Capacity – 3PLs specialize in operating across land, sea, and air freight. They can help you find the right space for your shipment on a tight schedule if necessary, as well as offer suggestions for alternative arrangements.

Infrastructure – 3PLs don’t have to own warehouses in order to supply your storage needs. They can either build or rent the warehouse of your choice, based on a plan you develop with them. It will be easier for them, and it’ll save time trying to find a partner for their project as well.

Stock Visibility – You need to have real time visibility of your inventory in order to maintain a smooth supply chain operations. Without this, you would not be able to monitor for stock levels and innovations that can result from it. In addition, with the help of a 3PL partner like ProConnect Integrated Logistics – you will receive timely reports which are crucial in ensuring on-hand availability while being aware if anything is problematic moving forward.

ProConnect Integrated Logistics for your Business

You’re not the only one thinking of outsourcing part of your operations to a 3PL, many companies and shippers agree and rely on us to efficiently support them. Optimizing supply chain is not easy, it requires tying lots of activities and ends together, opting for an experienced 3PL like ProConnect Integrated Logistics can offer many benefits – thanks to their expertise, experience, resources and of course, their network, which can reduce your supply chain risks marginally. You may or may not have a supply chain department of your own, but you still need a trusted team to identify and avoid potential risks and problems that can affect your supply chain operations. Therefore, a 3PL is often turned to and appointed by large companies as well as SMBs.

For any questions or evaluation, get in touch with us.

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