5 Ways 3PLs Improve Shippers’ Supply Chain Visibility

2. REDUCED LEAD TIMES THROUGH DATA VISIBILITY

From shorter cycle times to faster delivery, real-time data offers shippers a variety of benefits, as it provides them the flexibility they need to make informed decisions to deliver products on time and on budget, despite any obstacle they encounter, including man-made or natural disasters.

In addition, with real-time, visible data, shippers can also reduce their lead times—a common request. By providing access to data, 3PLs can help shippers execute their various needs, particularly with regards to shipment execution, as quickly and cost-effectively as possible.

“As customer requirements become increasingly more demanding, supply chain visibility helps shippers remain in front of the constantly changing landscape of their customers,” Giblin says. “Clear, real-time data offers the flexibility that is necessary to make adjustments to customers' needs, whether it’s hitting their lead times or reducing them.”
 

3. MINIMIZING RISK

Through supply chain visibility, shippers will not only avoid incorrect decisions that may disrupt their supply chains but they will also better manage inventory control, distribution, and transportation goals.

By leveraging 3PLs and Tier 1 transportation management software (TMS), shippers can ensure their networks are optimized for full efficiency, while also further increasing their supply chain visibility, which, in turn, will minimize potential shipment risks and expenditures.

“As shippers make informed decisions about eliminating bottlenecks and inefficiencies, they are also reducing the risks of mistakes,” Giblin explains. “In fact, enhanced clarity will lead to fewer errors, missed deadlines and damaged deliveries.”

4. BALANCED WORKFORCES

3PLs can also leverage their workforces by pulling resources between accounts, thereby reducing shippers’ requirements (and expenses) for employees to work overtime, no matter which industry they serve.

“The visibility of workforces helps shippers manage seasonality and understand where certain peaks may require more manpower so that orders are consistently executed in a timely fashion,” Giblin says.

5. REDUCED INVENTORY

By having access to the right data, 3PLs will not only help shippers with end-to-end supply chain visibility but also reduce their customers’ inventory. To do so, 3PLs must understand what customers are going to order, when they intend to order (and receive) their products and how they are going to help shippers execute the requests.

“The better visibility that 3PLs have of every moving part, as well as shippers’ forecasts, the better their execution,” Giblin says. “If each aspect of product delivery—what, when and how—is in synch, 3PLs can successfully partner with shippers and reduce their customers’ inventory.”

Partner With a 3PL for a Competitive Advantage

3PLs are an important partner for businesses looking to optimize their supply chain operations and achieve greater visibility. By leveraging technology and expertise, 3PLs are able to provide end-to-end visibility into the supply chain, enabling businesses to make more informed decisions, mitigate risks, and enhance overall efficiency. With the right 3PL partner, businesses can unlock the benefits of greater visibility and gain a competitive advantage in the marketplace.