Tag Archives: business shipping

How Midsize Businesses Can Survive the Coronavirus Crisis

The impact of COVID-19 on human lives is the first thing everyone should worry about. Thousands of deaths around the world have made the virus a huge threat to humanity, in many ways. One of the other ways it impacts us is the impact on global economy. The spread of the disease and restricting measures to contain it have put many businesses in frustrating situations, and even cause people to lose their jobs. Many companies look for effective ways to avoid damage, layoffs, and shutdowns. There are several useful practices that can help midsize and larger businesses to survive the coronavirus crisis.

How midsize businesses can survive the coronavirus crisis

Focus on protecting employees and customers

Companies are already implementing a work-from-home approach for their workers and social distancing practices for those who need to be present. Essentially, ensuring safety measures for those are an inevitable part of the company’s responsibility. Strict non-travel or self-isolation policies are also in place for the majority of businesses. However, some firms will need to take more advanced actions. Although many companies will need to cut costs, it is important to consider less harmful ways to do so. If it is possible, try to avoid laying off employees, or reach a compromise that will leave both sides satisfied.

On the customer side, the main thing businesses will have to provide is good communication and support. Your customers are as worried as you are, but in this challenging time, they will remember your brand’s behavior. It strongly depends on the company’s communication strategy whether your customers will stay loyal to you, or whether you will lose a point of contact. If your services are still available, make sure to clearly communicate that you still operate, or can offer your products or services in any other convenient way for the customer. Out-of-normal situations require out-of normal solutions, so don’t hesitate to rethink and restructure your strategy.

Emergency plan and reformation

It is crucial to outline a few possible outcomes of the evolving situation, and how your business will handle each of them. Gathering with the team and brainstorming your next moves will help prepare and secure yourself in the face of uncertainty. To better understand and analyze the situation, define the most vulnerable and strongest areas of your business, and how you can articulate them to avoid damage. Re-calibrating your inventory, logistics strategy, and sales is essential to adjust to the new conditions. Monitoring how the pandemic evolves will also give businesses a helpful insight on the next moves.

Consider taking the aid package from the government

Once the COVID-19 started hitting the global economy, small businesses were the first to suffer the damage. However, many mid-size and larger businesses have also experienced a substantial impact. The ones who find it very challenging can apply for an aid package from the recently approved governmental $2 trillion stimulus package. According to the statement, businesses with 500 to 10,000 employees can take direct loans with interest rates up to 2%, after qualifying for certain requirements. In particular, the aid has to cover at least 90% of employee paychecks until September 2020.

How A 3PL Can Benefit An E-Commerce Business

Today, we can buy and sell everything we want online, but one thing still remains the same – items need to reach us. Unlike the traditional method, e-commerce made logistics for retail companies more complicated than it was in the offline era. More and more companies start using 3PL for e-commerce transportation. 

The number of small businesses and retail companies is constantly growing, and the number of customer demands grows even faster. Today, customers define what good service is, and most good customer reviews include fast and smooth shipping experiences.

Here is where third-party logistics providers (or 3PL’s) come to help. 3PL’s are who can help you manage your logistics, warehousing, inventory and load management. In other words, you can fully or partly outsource any transportation needs to a logistics company, and focus on marketing or other parts of your business.

How can you use 3PL for e-commerce business?3PL for ecommerce

  • Supply chain management. A good 3PL can analyze your supply chain, define current gaps and provide solutions to increase efficiency. Also, you can cut unnecessary operational spends with a 3PL and reduce overall spending on logistics.
  • LTL and consolidation. Logistics companies often possess a large carrier network and offer numerous transportation modes. If you are a small company, less-than-truckload (LTL) shipping can be a solution for your time and budget. 3PL also provide consolidation programs to move your goods in the most practical and cost-effective way.
  • Warehousing and inventory. Smooth and consistent order fulfillment is what modern e-commerce companies are looking for. Some 3PL’s can not only manage inbound freight and storage but also take care of your inventory and order fulfillment with the help of their technology and expertise.

Working with a reliable and reputable 3PL can simplify your operational responsibility and enhance your supply chain performance.

Apart from that, here are some comprehensive advantages of outsourcing your logistics to a third-party:

  • Reduce costs, save time. With all the services provided by the 3PL, you can significantly reduce your transportation costs. It also allows you to eliminate manual management and focus on your main competence.
  • Visibility and reporting. Most 3PL providers use transportation management systems (TMS), which lets them efficiently manage every shipment. Technology gives you 360-degree visibility into every operation and assures you keep track of each update.
  • Flexibility. While a 3PL manages your transportation, you stay in control. Regardless of how your transportation needs change with time or demand, a good 3PL can adjust.

To sum it up, working with a reliable third-party logistics provider can benefit e-commerce companies in many ways. From order fulfillment to shipment tracking, a 3PL can provide effective solutions to help your business prosper.

Need logistics help? Contact us now with any questions you have! 


5 Benefits of 3PL for Small Businesses

In the age of Amazon, the only thing that is growing faster than the e-commerce sector is customers’ demands. Once a shipment is scheduled or an item is purchased, the customer is constantly looking for updates on the shipment, no matter if it’s an individual shipper or a large corporation.

There is no surprise that companies who provide the fastest and cheapest shipping have a significant advantage over competitors. New technologies are taking over the world, and the world wants you to be as fast and convenient as possible. Companies should consider the services of a 3PL for small business needs.

Why small business logistics is important?

Customer satisfaction is the main priority for most businesses. Quality and shipment speed is crucial to the customer’s experience and worrying about customer service while managing a whole supply chain is not an easy thing to do. And the cherry on top of it all is, you can’t really maintain everything at the highest level all by yourself.small business front

This is the point where third-party logistics services come in to help save you from a bundle of unwanted work. 3PLs act as the middleman service that takes on all the processes of shipping. They provide all the infrastructure, systems, data and equipment you need to have successful shipments. Building a strong relationship with your 3PL is crucial to a successful supply chain. In a nutshell, you focus on your core specialization while a 3PL provider takes care of your logistics until the last part of the delivery.

5 Benefits of 3PL for Small Businesses

It saves you time

If you are a small business owner, you have probably spent a lot of time setting up your businesses shipping to find the right carriers, keep track of all of the paperwork, and handle the freight. This can be very stressful and time consuming for business owners. Outsourcing your company’s logistics can give you more time to focus on your business.

It can save you money

Brokers can provide you with the lowest prices to help save your business money on shipments. Moreover, you just pay for space and time that you use. For example, less-than-truckload (LTL) shipping allows you to share the truck with other users, but to pay only for space your freight takes up inside of the truck.

It helps ensure customer service

Maintaining the supply chain requires a lot of attention to details. This can cause distractions and may not always bring your customers the positive experience they want to have. When using a 3PL for small business, the provider arranges the cooperation with qualified drivers and carriers, who go through regular reviews, to help ensure your shipments are handled with care and are properly taken care of. Picking the right provider is a good investment for your business.

It provides you with resources

At a first glance, the transportation and shipping process may look like moving an object from A to B. In reality, it’s a complex chain of operations that demand lots of special bulky and pricey equipment. Third-party logistics services save the situation and bring all the needed equipment to complete every single order, no matter how big it is.

It gives you a network

Constantly communicating with all the people involved in the supply chain may be overwhelming. Brokers already have a developed network of professional suppliers and will choose the most relevant to match your requirements.

Ultimately, using a 3PL for small business logistics needs can be beneficial in many ways from cost savings to significant improvements in the entire supply chain flow.

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