How 3PL Providers Can Maximize Efficiency for Clients Using Analytics
As a 3PL logistics provider, we have some specific goals in mind here at Eleets 3PL. One of those is helping our customers and leveraging the latest technology to help their business run more efficiently. Fortunately, warehouse management software and technology is evolving all the time, giving us more data to study than ever before, and we do our best to use that data and analytics to deliver even better services to companies that need our help with logistics and warehousing.
Know What You Need, When You Need It
The best part about gathering more data is that you know more about what kind of products you need to stock and when you need to order them. “Big data” and analytics make it easier to see which items are popular during specific periods of time, which helps you predict seasonal trends. This results in you being able to sell more items, without having extra stock sitting around in a warehouse collecting dust. You also don't have to worry about running out of popular items at the wrong time, sending potential customers elsewhere to spend their money.
More Supply Chain Visibility
The more data you have, the better view of your supply chain you have. With more supply chain visibility, you can do more to avoid late shipments, identify problems within your supply chain, and make improvements to the entire shipping process. Whether you're dealing with components or a finished product, the more supply chain visibility you have, the better, and the emerging suite of big data and analytics tools are helping 3PL providers and their customers improve this crucial metric.
Improved Accuracy
More data can help 3PL providers offer their customers more accuracy, and this goes hand in hand with the benefits of a more visible supply chain. With the right data analytics tools, a 3PL provider can help their customers avoid shipping mistakes, predict shipping times with more accuracy, and generally better serve their customers by providing more information.
Think about it. If you go to order an expensive item from an e-commerce website and they don't give you any information on when you can expect your item, you're probably going to be a bit wary. But if that retailer is able to tell you when the item will ship, offer you accurate updates, and let you know exactly when to expect your purchase to arrive, you'll probably go with that retailer. A third-party logistics provider uses analytics to give their e-commerce customers the information they need to keep shoppers in the loop, and that's why working with a company like Eleets 3PL can keep people coming back to your online store.
Your Warehouse Management Experts in Santa Ana, CA
You have the ability to gather more useful data for your business than ever, so it's time to take advantage. Contact Eleets 3PL today and see how we can help you with your warehouse management and logistics needs, and see how we can deploy the latest advances in analytics and “big data” to help you operate even more efficiently.