If you want to keep your in-house logistics running like a well-oiled machine, you
‘re going to have to get some assistance. The best way to do so is, ironically, to outsource some of your logistics to Third-Party Logistics (3PL) companies. With excellent communication and careful planning between your warehouse manager and your outsourced logistics provider, your company can find itself saving a significant amount of money fairly quickly.
But how much will a corporation expect to save?
The annual 3rd Party Logistics Study in 2015 found that the average company can reduce their inventory costs by 5%, logistics costs by 9%, and fixed logistics cost by 15%!
The infographic below by The Logistics Bureau explains the 8-Steps to Using & Chosing an Outside Logistics Provider, plus a ton of information on the state of the current 3PL market. Please share this information with collegues that could use the information to save money, earn more profit, and prevent a $1 Billion loss per day!
