Third party logistics (3PL), streamline supply chain management processes. These professionals help businesses with inventory management, transportation, and distribution, among other services, like freight shipping and product sourcing. Here’s more information about third party logistics, and why it may be exactly what your business needs.

What a 3PL Does

A third party logistics company provides operational support. For example, some small business owners don’t have a large staff, so they may need inventory storage and management services, like packing, warehousing, and order fulfillment. Other busy entrepreneurs may require freight forwarding and distribution services to ensure timely deliveries to shops, restaurants, and other customers.

3PL companies also provide procurement services, which help businesses create, manufacture, and obtain the products they sell. A 3PL can assist with product engineering and patent applications, procure raw materials for making products, and determine a production schedule that ensures items are ready for consumer purchasing by set times.

How Business Benefit

Regardless of which service business owners use, partnering with a 3PL provider will help them achieve more efficient operations. Using the experienced team of a third party logistics provider means that you won’t have to spend time and money training new hires to perform these specialized tasks. As a result, an increase in shipping and delivery efficiency provides your customers with faster turnaround times, boosting their overall satisfaction.

Companies will also save money because they’ll only pay for the services they need, adding or subtracting services as necessary to accommodate their business’s growth. These savings can be put toward other areas of the company, like strengthening your marketing plan or saving for a larger office space.

If you want to partner with a third party logistics provider, turn to Hawaii Transfer. This team has offered Oahu businesses reliable trucking and warehousing services since 1931. Call (808) 677-3111 to discuss your company’s storage, delivery, or shipping needs, or visit the website to find out how they can help.