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Logistics services are very critical for any business involved in the transportation of goods from one place to another. Managing the entire set of operations on your own can be too complicated and taxing, especially if you have other pressing matters on hand. As the costs of transportation-related to logistics increases every year, it is only fair to think of outsourcing your logistics service requirements to a reliable company, reducing costs significantly.

Outsourcing your logistics services requirements to a Third-Party Logistics (3PL) company can prove to be a wise decision in the long run. Logistics service providers mainly deal with services such as transportation, warehousing, delivery, and other related operations.

1. Focus on Core Business

Having a dedicated logistics division might initially be a sound concept, but this would also mean that you would have to create additional tasks and jobs that might take away valuable time and resources from your core functions. Outsourcing your logistics to a trusted company will not only make transporting products and goods proceed more efficiently, but it also helps companies concentrate on their core business activities and functions.

2. Receive Industry Expertise

Outsourcing your logistics not only means that you have a logistics partner that will provide the best transportation solutions. They will also be able to provide industry expertise and guidelines regarding the best ways to have your products & goods transported.

3. Access to Technology

Today’s logistics companies provide and use the latest in security and transportation technology. This technology is also beneficial for your customers, as they could track the progress of each of their deliveries. They will check to see if their package reaches its destination safely and on time.

4. Reduce Costs

Transporting products and goods across vast distances means using a significant number of resources and modes of transportation. This makes logistics outsourcing a much more cost-effective option, as their extensive knowledge of routes helps ensure you could save time and money. Outsourcing also removes the need to add more jobs and commit to more resources that can be used in crucial parts of your business.

5. Improve Customer Satisfaction

Customer satisfaction will always play an enormous factor for any business that sells products. Ideally, they want their orders to be delivered on time with no issues. By outsourcing your logistics, you will provide your customers with the best express delivery solution that will surely keep them happy.

6. Reduce Risk Management

Transporting products and goods will always have their risks. Outsourcing your logistics functions will give you to reduce the amount of risk management assessment that you need to do. Your logistics company could do this for you and give you a more detailed report that would allow you to see all the potential risks, and how they can be corrected along the way.

Outsourcing the logistics services of your company to a professional 3PL will bring more advantages. Write to us at info@dexters.co.in or visit Dexters Logistics and know how we can help you achieve a great return on your investment.

Ecommerce businesses are life-changing, but they can also carve a hole in your pocket. There should be a way to avoid that and make your investments worth the money. Reducing these costs will not only give you the benefit of profitability, but it will also help you remain in healthy competition. It is important to cut costs that will help your e-commerce business flourish. 

To save those extra bucks, here are a few simple ways to reduce e-commerce costs for your businesses!

Dexters Logistics will help you have a healthy running business. You should have someone right to rely on to cut down your shipping and packaging costs. The supply chain costs, if handled well, can help you reduce eCommerce costs by a significant margin. This process can become a lot easier if you trust the right people with it–like our Dexters team.

• A Good Deal With the suppliers

Buying in bulk can increase your chances of getting more discounts as you continue your business with those suppliers. It also shows that you are committed and you are not playing around. You can secure an “early bird” discount ranging from 2 to 5 percent, which can very well increase if you continue business with those suppliers in the long run. This type of foresight can help you cut down on a lot of unnecessary e-commerce costs and save you some of that extra cash!

• Reducing Return

Reducing product returns can resolve a lot of issues for your business and it can decrease your costs! You need to let your customers know what they’re buying, so you don’t risk getting more returns as it will raise your shipping costs. You will lose your customers. If you increase the return period to 30 or more days, it gives time to the customer to “own” the product and they may end up not returning it at the end. If the same type of product is being returned, it is good to be cautious and recheck or replace your products.

• Managing Inventory 

Inventory Management can also be beneficial in the long term. By monitoring sales and understanding which products appeal to your target audience and which ones are unlikely to gain much traction, your platforms can make profitable decisions. It allows you to gain clarity and confidence about which products you can manufacture knowing that you will sell them. Observing the movement of inventory encourages e-commerce companies to take notice of developing trends besides declining ones. 

• Optimizing Shipping Methods

Consumers are more likely to purchase a product if they are granted delivery free of cost. One way to minimize this is through negotiating with your suppliers and carriers. Where you have already built a tight relationship with these firms, there is a greater chance of receiving payment or prepayment discounts. Now, if your supplier/carrier is firm about fixed prices, you can opt for purchasing or distributing your products in bulk.Crackeado This would reduce the cost of paying for individual shipments of products. To maximize customer satisfaction, once the aforementioned venues have been explored, you can look towards offering free shipping on festivals (like Diwali or Christmas!) or limited occasions such as when purchases above a certain price are made or if consumers are a part of a membership program.

• Make use of automation

Time is a valuable asset in all organizations and we are pretty sure it is valuable to you, too. Time is money, after all! With advancements in technologies and the availability of software through which business and marketing operations can be executed, we can help you make important decisions on business too! It allows you to prioritize which operations need special attention, and which one’s need to be executed flawlessly. The shift towards online leads to less time being spent on menial tasks and hence employees can spend more time on crucial decision-making. It also helps to increase your productivity and subsequently your profit margins in the long run. 

Conclusion

These investments are worth it if you have the correct resources. Dexter’s logistics team is here to make sure your work is in the right hands. It is never too late to take one step ahead and figure out the right logistics–Dexters is here to make your investments worth it.

Logistics management plays a crucial role in the success of your business operations. In recent times, logistics managers have seen the increasing challenges in creating and maintaining logistics and supply chain methods. 

Here, we discuss the most prominent daily logistics management challenges.

Key Challenges Faced by Logistics Managers

1. Customer Service

Logistics management is about providing the right product in the right quantity to the right place at the right time. As customer expectations have increased, their willingness to pay for fast shipping has decreased, with about 64 percent of consumers unwilling to pay anything extra for less than two-day shipping. 

2. Transportation Cost Control

Another significant logistics challenge is controlling costs. Fuel prices are among the highest, contributing factors to transportation budget concerns. Rising diesel fuel prices are fuel surcharges added to freight rates.

3. Supplier/Partner Relationships

It’s vital for suppliers and partners to create, understand, and adhere to mutually agreed-upon standards to understand current performance and opportunities for improvement. When a supplier and partner have different communication measures, it leads to an unsatisfactory supply chain and wasted time.

4. Government and Environmental Regulations

Carriers face significant compliance regulations imposed by state and local authorities. Therefore, staying up to date with these changes and taking preemptive actions to avoid challenges is necessary for successful Logistics Management. 

Ways to Overcome Logistics Management Challenges:

· Effective Communication

Communication in any logistics system is essential, especially when a challenge is on the horizon. Optimization and planning are crucial to mitigating risks when facing challenges. To have an effective communication strategy, look inside your company and see your goals and objectives. Then, you can develop a communication plan that stands with your company and speaks to your customers. 

· Reduce Carrier Costs

The key to cutting costs is merging shipments and making the most of the space when transporting items. Communicating with carriers is essential in this situation because they can help manage the best way to be cost efficient. You can also work with third-party logistics companies. Dexters Logistics can provide you with reliable transportation solutions with the best competitive freight rates in the market. 

Logistics Solutions with Dexters Logistics

From our 3PL services to our Transportation & Warehouse Management services, we offer a variety of logistics solutions to make your day-to-day operations more efficient and effective.

Get a quote today so we can help tackle all your logistics challenges.