Reducing Work Stress By Working With A Logistics Company
Written by F. Cheshire
We need to be real about this, a sinking economy, escalating gas costs & having to compete against manufacturers that are manufacturing in China spells certain disaster for US manufacturers, unless they wake up and do something radically different.
Savvy companies understand that they need to do something radically different if they are going to stay competitive, or hope to survive this bloodbath.
Listen to this pearl of wisdom from a very wise man.
Albert Einstein said that, “the definition of insanity is to do the same thing over and over and expect a different result”. Simply put…Doing business the same we you have always done it is a sure fire way to find your corporation closing it’s doors in this recession.
What is an American firm to do?
What if there was a way to grow revenues, boost cash flow, cut inefficiencies and reorganize your employee ability to where it could become really valuable all without sacrificing quality, service or performance.
Highly improbable, you may be thinking.
Believe it or not Fortune 100 companies have been quietly using this ignored successful plan for decades. What is the answer and more importantly how can you use it?
Their secret is to work with a logistics company.
Did you ever hear of the term “logistics company”?
Imagine if you will that you have a group of highly trained transportation specialists ready to do what ever you asked. But you might be thinking, “My business couldn’t afford a team like that”.
Now while that may be true, pretend having that same band of traffic specialists but only having to pay them if they save you money on your freight and shipping expenses. Basically if your transportation team did not find ways to cut costs that month-- then you owe them nothing.
Now what does that do to your transportation cost equation? If you think about it, you can’t really lose. A logistical team is only paid on a percentage basis of the money saved for the month. Talk about having an incentive for a 3pl to look out after your best interests.
How Much Money Could A Logistics 3pl Possibly Save On My Transportation Costs?
Did you know that the average client saves approximately 34% on their freight costs after choosing to partner with a logistics company?
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? Remember that is only hard dollar savings so far. That does not even begin to touch the soft dollar savings from outsourcing personnel & cutting inefficiencies.
So tell me, what are you going to do with your windfall that comes from teaming up with a logistics service?nnnn.
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