Three Reasons to Use a 3PL
What is a 3PL?
3PL stands for "third-party logistics." A 3PL is a service provider that can receive your shipments of finished goods, AND pick and pack your orders, and ship orders back out to your customers. There are a variety of reasons why it is helpful for small businesses to use them, but here are my top 3 reasons.
Reasons to Contract a 3PL
1. You shouldn't send all your time receiving inventory, packing, and shipping orders. Get on the ground, sell to your customers, and work on tasks to increase your revenue. Send cold emails, visit potential customers, take networking meetings!
2. Do you have peak season and continually are running behind on getting orders out the door within a reasonable time frame? This is no longer your problem when you use a 3PL. They need to know your estimated volume BUT you can rest easy knowing that they'll take care of the rest. Staffing is a headache, but it doesn't need to be your headache!
3. Your business is growing every month and with growth comes more inventory to keep up with the demand. The next thing you know, you're busting out of your warehouse seams and have no space to work. 3PLs have plenty of space to work with and will accommodate your business growth.
3PLs have a variety of capabilities and it's important to understand what they can and cannot do well. Monarch COO can come alongside you as you find a 3PL partner. Do you use a 3PL? Let me know in the comments why or why not!