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Stay Competitive in a Global Economy With Third Party Logistics

Thursday, December 3rd, 2015

In today’s fast-moving, global economy one crucial link to success is supply chain management. The best product development programs and manufacturing operations are useless if you don’t have efficient distribution systems to get your product delivered professionally.

World class logistics is not just about moving items from point A to point B. Amidst fierce market competition and challenging profit margin goals, logistics is no place to lose ground. Successful supply chain management requires sophisticated inventory control, efficiency-based distribution plans, and professional performance. Increasing regulations, product sustainability concerns and other trackable factors demand hyper-efficient logistics operations.

That’s why so many companies are turning to third-party logistics (3PL). Most companies are focused on their core competencies like product development, marketing or manufacturing. They understand that efficient supply chain management is critical if they are to operate in optimized conditions in this increasingly challenging economy and 3PL providers specialize in this.

The most damaging disruptions in business happen along the supply chain. Most companies can readily manage disruptions occurring within their own facilities or among vendor-customer relationships. But when the supply chain and distribution plans stall it leads to a domino effect of other mishaps. Efficient third-party logistics improve efficiencies and limit disruptions, because they are fully focused on keeping supply chain and distribution channels intact.

You may not think you’re involved in global trade. You may just want to keep your business local, but global trade is impacting how you’ll be doing business from now on. New, more distant competition has greater access to your customers while your customers are clearly aware of more suppliers than ever before. Supply chain management is what makes all of this possible, and third-party logistics companies already have the tools in place to help you remain competitive and profitable in this new business environment.

Commercial Warehousing