3PL Management System

3PL software is a system or solution used by 3rd party logistics companies. 3PL management systems are used to manage the entire 3rd party logistics process, including sales, marketing, operations, fulfilment and finance. 3PLs are focused on providing their clients with an efficient logistics solution and 3PL software allows them to automate and streamline their operations, leading to faster fulfilment times and greater efficiency.

3PL warehouse management systems are used by 3PL logistics providers to effectively manage the complex nature of warehouse operations and fulfilling orders on behalf of clients. 3PL management systems allow for a complete overview of the warehouse, inventory and courier relationships from one easy-to-use, centralised platform that can be seamlessly scaled and integrated with the majority of shopping platforms. An effective system will benefit both the 3PL and client by ensuring accurate data and provide insights to help inform commercial decisions.

Third-party logistics (3PL) is the process of outsourcing your logistic processes to help with E-commerce fulfilment. Many online retailers are looking to do this as it eliminates the strain of fulfilling orders at scale because a 3PL partner will take care of time-consuming processes such as inventory management, warehousing, and fulfilment. This type of service is not only more cost effective than doing your own logistics, but allows online retailers to save time, allowing them to focus on other areas of their business and most of the time, is more cost effective too.

3PLs offer a large source of support for small-medium sized businesses when it comes to supply chain management. Partnering with a 3PL not only offers an extra layer of support, but mitigates risks and removes errors too. When unforeseen circumstances pop up, such as shipping delays or inaccurate orders, a 3PL is responsible for making alternate arrangements to fulfil your orders as quickly as possible. You’ll also be protected in the event of damage or loss of goods – which is a great piece of mind for smaller businesses.

Every E-commerce business is unique, and therefore so are the logistical needs of each. Whilst some online retailers might only need support with fulfilment, others may need support across the whole process; from a customer placing the order, right through to the order being shipped. So, make sure you do some research into what services a particular 3PL offers before committing to them. Opting for a 3PL which has invested in technology to provide automated processes can have many benefits for online retailers – including enhanced customer experience. Mintsoft gives 3PLs real-time visibility and traceability of their client’s inventory.

3PLs are used by different companies who want to move their inventory. Some of the companies that use 3PL are Amazon, Coca-Cola, Nestle, etc. Using a software solution is essentially mandatory these days, especially where multiple clients are involved and customer satisfaction must be maintained.