DECEMEBER - JANUARY LOGISTICSTRANSPORTATIONREVIEW8 OPINIONIN MYBy Rick White, Director of 3PL Services, Cardinal Global LogisticsTHE KEY BENEFITS OF USING 3PL SERVICESSupply chain management is an essential aspect of any business that deals with production, transportation or distribution.Obviously, companies that want to stay competitive and grow their market share need to have an efficient supply chain. One of the ways businesses can do this is by partnering with third-party logistics providers (3PLs).Third-party logistics providers offer a range of services to help businesses manage their operation effectively. These services include warehousing, freight forwarding, customs brokerage as well as others.The difference they have on your business can be staggering. Here's just eight examples how...1. Make Significant Cost SavingsBy outsourcing logistics to a 3PL provider businesses can avoid the capital expenses associated with owning and maintaining a fleet of vehicles, warehouse facilities and other supply chain infrastructure.What's more, you can leverage their expertise to reduce transportation and inventory carrying costs. They can act as an extension of your business by routinely suggesting ways you can make savings.2. Focus On Core CompetenciesNo one gets into business to solely streamline supply chains. It's time-consuming, resource-intensive and takes your attention Rick White
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