Hiring a 3rd Party Logistics Provider Vs Implementing Logistics Software

Product transportation is an inevitable part of theprovider is more expensive than using this software.
manufacturing business. Whether the goods areJust as logistics experts can act as transportation
shipped locally, nationally or internationally, they havebrokers, determining the timeliest way to get
to reach retailers in order to produce business.products to retailers and save companies money by
However, as important as transportation is,eliminating MS software costs, 3PL costs, annual
companies often overlook the opportunity to reducesoftware maintenance costs, gain shares, freight
shipping costs. While the bulk of a manufacturer'smargins and common rate base licensing costs, so
bottom line is predicated on the quality and price ofcan logistics software. The only difference is that
its products, reducing transportation costs can reducelogistics software is a more cost effective means of
a company's operating costs by thousands of dollarsimplementing logistics.
a year. Unfortunately, most companies lack the timeOne example of how large companies can profit
and resources to determine optimal shippingfrom logistics software involves choosing a more
procedures. That's why many companies now use"expensive" means of transport over a less
transportation logistics software to help reduceexpensive means to reduce overall shipping cost. For
shipping costs.example, while air shipping rates are typically more
Also known as logistics management software,costly than ground rates, companies whose products
transportation software specializes in offeringmake various warehouse stops can actually end up
integrated shipping solutions that are tailored to apaying enough warehouse fees that shipping by air
company's specific needs. For small companies thatbecomes the less expensive option. In addition, by
have simple shipping procedures, the software cancutting out the warehouse stops, a company's
be used to improve delivery time by studying suchshipping process becomes timelier. An example of
factors as road construction and highway traffichow logistics software can benefit small companies
patterns. But for larger companies whose shippingcan be found in LTL shipping. Companies that
process is complicated by multiple assembly locationscommonly ship less than one full truckload of
and warehouse needs, the software can combineproducts often ship by mail carrier. However, when a
disparate elements of the shipping process into apartial load is shipped LTL, multiple partial load shippers
single, integrated shipping solution that savesshare the shipping cost, which can be significantly less
significant time and money.than shipping by mail. Whether or not to implement
In many cases, large manufacturers opt to hire a 3rdlogistics software is not a debate about
party logistics provider to implement logistics solutionseffectiveness, but about shipping management and
on their behalf. While studies show that companiescost savings. In terms of the latter, companies
can cut shipping costs by ten percent after one yearalways benefit from implementing logistics software
by either hiring a 3rd party logistics provider orversus hiring a 3rd party logistics expert.
implementing logistics software, hiring a logistics