Using an Inventory Management System (IMS) is essential in these technologically advanced times when customers expect their goods in days rather than weeks. This can be a difficult balancing act for a company with many moving parts, so it is critical to emphasize the advantages of outsourcing inventory management in this situation.
Read more about the 3 benefits to having someone else handle your inventory management.
1. SAVE YOURSELF TIME: The advantages of outsourcing inventory management include time and resource savings, as well as the ability to better locate your products and have a better understanding of how much inventory you have at any given time.
There are only so many hours in the day for business owners to pay attention to every detail of their operations. To be honest, it’s probably even overwhelming at times. But what if you could delegate a portion of your business to a partner who would do an excellent job while charging a reasonable fee that would allow you to meet your own financial objectives? Or simply give you more time to think about big picture issues like strategy, improving processes, and expanding your operations?
Using a reputable company like ProConnect Integrated Logistics to manage your inventory and fulfillment/distribution on a daily basis can help you achieve this. You’re dealing with a company that knows what it’s doing and won’t be a source of stress for you. A true win-win situation.
2. IMPROVE ALLOCATION OF RESOURCES:
If you don’t have your own storage or warehousing space, you don’t have to worry about maintaining it, and if you do require more space, you can easily rent it from a logistics company’s available inventory.
You won’t have to worry about relocating all of your inventory to a different warehouse, possibly in a worse location (more on that later). You’ll also be able to pay a logistics company a monthly flat rate, giving you more flexibility than if you had to enter into a lease to rent your own warehouse or a mortgage if you bought warehouse space.
Furthermore, you won’t have to worry about hiring additional employees, setting up benefits, or carrying additional insurance, which are frequently the most expensive expenses a business faces. You’ll get accurate timelines on freight movement, inventory status, and so on if you work with a prepared and stable company like ProConnect Integrated Logistics. We will never overpromise and underdeliver in any area of our business.
3. MAKE USE OF STRATEGIC WAREHOUSE LOCATIONS:
In an ideal world, you would want your items warehoused as close to their final destination as possible, such as wholesalers or a retail business. Alternatively, you may require multiple warehouse solutions strategically located across the country.
A reputable, well-managed logistics company has already considered this and will almost certainly have warehouse space in major commercial areas as well as other handpicked locations based on both current and projected demand.
This can save you both time and money because your company won’t have to waste time looking for desirable locations. A quick phone call to ProConnect Integrated Logistics can provide a plethora of options in a matter of minutes. You are not making a significant financial investment by purchasing or leasing your own warehouse. Maintaining an entire warehouse or system of warehouses may make no sense for a smaller business, and even for a larger business, it can be a huge headache.
ProConnect Integrated Logistics – Your Warehousing & Freight Forwarding Partner
A third-party logistics firm can help shippers mitigate a variety of risks throughout the supply chain by outsourcing certain logistics functions. By partnering with a 3PL, a shipper can free up time to concentrate on his or her core competencies without suffering from the ever-shifting logistics landscape.
If you are looking for a partner to take care of all your logistics hassles, talk to us.