Partnering with a third party logistics (3PL) provider can improve your supply chain in major ways. Here, we’ll unpack the 3 Ps of 3PL and explain how they can benefit your supply chain.
Partnership
This is a term often used when referring to 3PL services, but the term ‘partnership’ means more than just a contract for services.
To have a true 3PL partnership with a logistics company requires working together in order to find the best services for each client. Having open discussions about strategy, including growth and future plans, means a 3PL partner can ensure the services provided meet the needs of the client.
At ASCG, every solution is unique to each client and created with flexibility in mind. There’s no ‘one size fits all’ approach. We remove complexity from our clients’ supply chains and help our 3PL partners unlock new opportunities by speeding up and streamlining their existing processes.
Process
It’s about more than just delivering streamlined processes, which save clients time and money. It’s also about partnering with a 3PL provider who can identify areas to level up current processes and improve even further.
The best performing retailers are innovating and disrupting with a firm focus on the future. It’s about speed to market, reducing touch points, and having products available on retail platforms as quickly as possible to maximise profitability and repeat sales.
Solutions must put retailers at the forefront of innovation in e-commerce, harnessing new opportunities offered by the IoT and big data to deliver an enhanced experience, boost sales, and create a smarter supply chain. That’s why ASCG has the award-winning modular WMS system Vector, which delivers increased productivity, real-time stock visibility, and exceptional management tools.
Vector reduces manual administration, improves accuracy, and provides business intelligence to enable our customers to make informed business decisions. This not only streamlines our customers’ supply chain but also helps identify areas for making those all-important improvements.
Precision
Precision means being exact, accurate, and of high quality. These are all important when it comes to supply chain logistics, and it’s even more important to have a 3PL partner who can deliver precision in their services. It influences everything from warehouse costs to shipping time, as well as order accuracy and speed, directly impacting customer satisfaction.
Automation can be established throughout the supply chain in order to drive consistency and reduce the risk of errors (and the amount of time spent correcting those mistakes). It helps to minimise touchpoints to move goods faster through warehouses and eliminates the threat of bottlenecks.
Retailers can also benefit from 3PL partners who offer Nominated Carrier Scheme (NCS) capabilities. This makes inbound logistics run much more efficiently, especially when backed up with capable IT systems and transport management systems.
Continuous innovation and improvement are in the DNA of Advanced Supply Chain. We are a technology and values-led business that embraces technology and new ways of working. The focus on optimisation led by data, feedback, and extensive experience means we can deliver precision to our customers’ supply chain.
If you’re looking for a 3PL partner with services that deliver all of the above and beyond, please get in touch with one of our 3PL experts today.
