How to get the best ROI from your 3PL

Alex Robertson

By Alex Robertson Business Development at King Solutions

Working with a 3PL is a big decision, but it is one of the best things that companies can do for their supply chain. Using a 3PL, shippers can gain better control over their supply chain operations, simplify their internal processes, become more efficient and gain a competitive advantage over others in their industry.

When it comes to working with a 3PL, shippers can do a lot to enhance their partnership and improve their operations even more, thus exponentially increasing their return on investment.

Be open and honest
The most important way for shippers to get the best ROI out of a 3PL is to be open about their needs. Shipper should be aware of the key performance indicators that drive their business performance.

A 3PL can create and implement fully customized solutions to many problems, so being completely transparent is a huge opportunity for shippers to help 3PLs address the inefficiencies in their supply chain.

Some of the solutions that 3PLs can provide are:

  • Ground, sea and air transportation
  • Logistics and route planning
  • Fulfillment and tracking
  • Warehouse management and inventory
  • Project management

These solutions can help shippers maintain a solid warehouse inventory, ship products on time, stay on budget and ensure that their customers are getting the best service possible.

Don’t be afraid of change
Working with a 3PL is not a final solution, but a growing partnership that must evolve as time goes by.

A good 3PL will always stay up to date with the latest technology and industry trends. Shippers can rely on our team to improve their supply chain across the board, but they must be willing to make changes when they need to be made. Working with a 3PL brings a whole new host of optimized processes across multiple departments. These changes will seem different at first, but they will enhance the supply chain and everyone who works within it.

Open lines of communication
While the changes brought about by a 3PL are usually known and approved by upper management, it is up to the company to relay these changes to department heads and their staff. In order for these solutions to be the most effective, they have to be implemented by every person in the company.

Opening lines of communication to all employees is essential to getting the most out of the changes brought about by partnering with a 3PL, thus increasing the performance of every department.

Better solutions, better ROI
At King Solutions, we partner with people all across the supply chain, designing and implementing solutions for companies that need a significant boost in their supply chain. The proof is in the results that we have achieved for our clients. By following our advice and expertise, you will be able to get a better ROI out of your supply chain. Contact us today to learn more about the success we’ve had with our partners.