The economy today requires business to be efficient on every front. The competition is growing every day and a company must find new and efficient ways to retain its edge over its competitors, even in a growing market. That requires time, money and focus on activities other than area of company’s core competency. However, if a company diverts its energy from its core competency, it is bound to falter. Businesses cannot afford to divert their attention from their product and start paying more attention to logistics. Imagine if Apple started worrying more about shipping iPhones than creating a great phone, they would never reach the pinnacle of success that they enjoy. It is for this very reason that many businesses choose to outsource their logistics operations. In fact, over 85% of fortune 500 companies utilize 3PL warehousing providers. Here are some of the key reasons why you should also consider utilizing the services of a Third- Party Logistics Warehousing Provider (3PL).
