Lets face it, a sinking economy, soaring diesel prices & having to compete against manufacturers that are manufacturing in China means certain disaster for US manufacturers, unless they wake up and do something completely different.
Smart businesses comprehend that they need to do something completely different if they are going to remain competitive, or hope to survive this bloodbath.
Pay close attention to this pearl of wisdom from a very wise man. Einstein once uttered, the definition of insanity is to do the same thing over and over and expect a different result. To state it plainlyDoing business as usual is a sure fire way to find your corporation filing for bankruptcy protection in this recession.
What is a U.S. firm to do?
What if there was a way to grow revenues, boost cash flow, limit inefficiencies and reorganize your employee ability to where it could be better utilized, all without sacrificing quality, service or performance.
Impossible you say?
Believe it or not Fortune 500 companies have been stealthily taking advantage of this overlooked goldmine for decades. What is their secret?
The answer is to think Logistically.
Did you ever hear of the term logistics company?
Imagine if you will that you have a team of highly skilled transportation specialists ready to do what ever you asked. But you might be thinking, That is exactly what I have now.
I understand what you are saying, but pretend having that same skilled group but only having to pay them if they save you money on your freight and shipping expenditures In other words, if your transportation team did not find ways to cut costs that month– then you pay them absolutely nothing.
Now what does that do to your transportation cost equation? It presents a golden opportunity for your business. A 3pl is only paid on a percentage basis of the money saved for the month. Now you know why you can count on a 3pl to look out after your best interests.
How Much Money Could A Logistics Company Potentially Save Me?
Were you aware that the average company saves approximately 34% on their shipping costs after teaming up with a logistics firm?
Think for a moment how much you currently spend on truckloads & LTL freight. Maybe you are only spending $10,000 a year on LTL and truckload. By the end of the year that adds up to $120k spent on freight. What if you could recoup 34% of that and put $ 40,000 into your pocket? Dont forget that is only hard dollar savings so far. We have not even address the soft dollar savings from outsourcing personnel & cutting inefficiencies.
So tell me, what are you going to do with your windfall that comes from choosing to deal with a logistics company?