Here, we discuss 3PL software for warehouses, the array of benefits it can deliver and how warehousing software can improve customer satisfaction, team morale and warehouse operations.
3PL warehousing software explained
3PL warehousing software enables warehouse operations to run more efficiently. Today’s logistics operations are fast paced and highly demanding, and it is imperative that this is managed effectively. 3PL software is often selected by warehouse operatives to ensure this in effectively put into practice.
Warehouse management software works by efficiently managing the complexities of warehouse operations, keep running costs to a minimum, while increasing productivity, efficiency and providing the essential insight needed for business decision-making.
Find out more in our blog: What is warehouse optimisation?
What are the benefits of 3PL warehousing software?
When a warehouse owner chooses to outsource warehouse operations to a third-party logistics provider (3PL), they are unlocking a cost-effective solution that delivers a host of benefits to their business, workforce and customer base, including:
- A cost-effective business investment
- Improved accuracy
- Improved efficiency
- Improved processes that drive down costs
- A rapid impact on revenue stream and bottom line
- Reduced labour costs
- A sustainable approach through minimising paper use and wasted stock
- Increased productivity
- Increased customer satisfaction through order fulfilment
- Optimal use of staff and warehouse capacity
- Drastically reduced lost stock
- Improved workforce safety
- Improved client retention
Discover more benefits to choosing 3PL software for warehouses.
What are third-party logistics?
Third-party logistics (3PL) is the outsourcing of logistics to a third-party business.
A 3PL provider handles supply chain and logistics operations for other companies, including transportation, inventory management, warehousing, packaging and fulfilment.
Outsourcing operational logistics to a third-party provider allows businesses to focus on other areas of their business.
What are the benefits of using a 3PL warehouse?
Outsourcing your logistics to a 3PL offers a number of benefits, including:
Knowledge and expertise
Supply chain and logistics are complex and can pose a number of challenges, especially for companies that are new and inexperienced. 3PL providers have extensive knowledge and expertise in the field, as well as industry connections.
Time and money
Using a 3PL reduces the costs involved in logistics, removing the need to spend on warehouse space, technology, transportation, and employees. This allows you to refocus your time and money on other areas of the organisation.
Not only this, but experienced 3PLs also have more leverage with freight companies and can negotiate better pricing.
Flexibility
Whether your business demand fluctuates throughout the year or you’re growing your business, using a 3PL gives you the flexibility to scale up and down your operations as needed. They can scale space, resources, and transportation according to your changing inventory.
Risk management
In the supply chain, delays and unforeseen circumstances inevitably happen from time to time. When these issues arise, the responsibility lies with the 3PL provider. They also take on the risk of any loss or damage.
International expansion
If you’re thinking of expanding into a new market, you must be aware of the relevant duties, customs, regulations, and documentation – this can be incredibly time-consuming but you need to get it right. A 3PL can take care of everything for you while allowing you to expand into new markets without having to invest in warehousing space or staff.
Customer satisfaction
With all of the benefits discussed above, it’s clear to see that using a 3PL can improve overall customer satisfaction – improving service and response time.
Transform your warehouse operations today
At Optima Warehouse Solutions we pride ourselves on providing high quality but cost-effective 3PL warehouse management software (WMS) systems to the warehouse industry and logistics companies.
Contact us to discover how our 3PL systems can transform your operations today.
