3PL Cost Breakdown Series: Part 3 of 3
Hourly Labor and Additional Costs
Warehouseman Labor may include special labeling and kitting.
In the first two parts of our 3PL Cost Breakdown, we presented warehousing cost structures for storage and handling. These two functions cover the scope of what the industry would view as standard warehousing functions. However, when working with third party logistics providers it …Read More
3PL Cost Breakdown Series: Part 2 of 3
As a continuation to our recent blog post, we will now build on to the breakdown of 3PL pricing by explaining the activity of handling. This is the easy part because handling is simply the moving of product within the warehouse. Handling can be separated into two groups: receiving (inbound) handling and outbound handling.
2. Handling- …Read More
3PL Cost Breakdown Series: Part 1 of 3
One of the most difficult challenges to overcome when working with a 3pl or considering running a private warehouse is the cost analysis. There’s more to warehousing than just having space to fill with inventory, so that means estimating costs is not a simple task. That’s why we are introducing a series of cost breakdown …Read More
The Value of Time in the 3PL-Customer Relationship
As the old saying goes, time is money. And there has been no period in history where this has been less true of a statement. What our industry once termed as “speed to market” is now “speed to customer,” and with advancement in communications and technology, the time is always “Now o’ clock.” In warehousing …Read More
Tips for Choosing the Right 3PL Provider: Part 2 of 2
As promised, here are some more tips to help in choosing the right third party logistics (3PL) company for your business:
Visit the Facility & Get to Know the Team: Working with a logistics partner is a little more involved than purchasing a product. You are also buying into a working relationship, and the people you …Read More
Tips For Choosing the Right 3PL Provider: Part 1 of 2
Choosing a 3PL can be a very time-consuming and detail-oriented project; especially because you will be making an important strategic decision for your business. All-in-all, you want to be sure to take the time to compile a list of your top potential partners, compare their pros and cons on a level playing field, and choose …Read More