Manufacturing and e-commerce industries need additional resources to increase the quality and profitability of their supply chain and that’s where third-party logistics(3PL, also called the TPL) arrives here. As per Knight Frank Research report, Third-Party Logistics (3PL) firms share in warehouses space in India has shot up to 36 percent in 2018 from almost negligible contribution a decade back. It is subjected to grow at 7 percent yearly. The numbers state that the growth of the 3PL sector has gone hand in hand with the rise of e-commerce industries.
What is a 3PL company?
A 3PL company is a provider of logistics and warehouse services to its client taking care of complete operations of the client right from souring from vendor to final delivery to the customer. 3PL companies achieve the volume of scale by bundling up logistics and warehousing requirements of clients. Often, the 3PL firm will set up a co-sharing warehousing facility with well-delineated and independent space offered to each client
Why 3PL companies are gaining ground over simple warehouse operations?
- Eliminate the need of investing in warehouse areas leading to cost-effectiveness.
- Sharing operations and access to high-end technology have a strong effect on company growth.
- Ensures the sellers to focus only on sales and core competencies.
Factors used by successful companies like KD logistics, Delhiveryin dominating 3PL sector
- Upgrade to smart warehousing includes automation.
- Anticipate the need for technology before its too late.
- Sophisticated WMS system with high-level picking using Pick to Light devices.
3PL businesses, with their extensive market knowledge and experience have developed expertise in the modern management of logistics processes. Companies seeking to boost their consumer experience using limited resources with cost-effective should definitely engage 3PL firms.
Why automation will dictate the survival and growth of 3PL warehouses?
According to Armstrong & Associates 52% of the companies said technologies and innovations like automation have improved their organizations’ workforce make-up and talent strategy. With the increase in outsourcing of warehouse operations to 3PL firms, the companies are demanding more efficiency and 3PL would need advanced technology to achieve desired productivity.
It is very critical that 3PL firms should automate their warehouses to stay ahead in the competition. There is a famous line from the movie Black Hawk Down “It’s what you do right now that makes a difference.” If you’re a 3PL company searching for a solution for warehouse automation, then you’ve come to the right place.We at Flexli have a stronghold in warehouse automation. Our solutions are a key component ensuring PACE (Productivity and Accuracy with Cost-effective leading to Efficiency) for your warehouse.
Are you a company looking for the best 3PL with an automated warehouse at a reasonable price and providing the best shopping and online service to your customers? Partnered with KD Logistics, Flexli Technologies offers 3PL solutions to cater to your warehouse needs. KD Logistics warehouses are equipped with state-of-the-art automation devices and transportation services to satisfy any warehouse requirement. To learn more, please connect with us.