Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

How can I respond to the following peer post? Good evening fellow classmates and professor, For this weeks discussion, we are looking at 3PL or

How can I respond to the following peer post?

Good evening fellow classmates and professor,

For this weeks discussion, we are looking at 3PL or third-party services providers/ third-party logistics. This topic is one that is of vast importance because everyone needs a way to get their product to market, and if your business has dreams of going overseas, there is a big logistical issues that a company needs to overcome. I think that outsourcing to a 3PL is important. For starters, securing warehouse space can be expensive, using a 3PL can provide warehouse services. If you need assistance exporting your products, 3PL can support in that aspect as well. I often look at Amazon as one of the best 3PL, they only require you to get your products ready for pickup by putting them into packaging. Amazon will come to your business to pick up your goods, transport them to a warehouse for you, market your product for you, and will even operate the online store front for you. 3PLs can provide a lot so I would definitely outsource but it needs to be to the correct business. When comparing a mom-and-pop store to one like Walmart or Amazon, I think that you need to tap into both. The local mom-and-pop stores are the ones that would help get your product into the hands of locals, who if they are going to a mom- and-pop store, they are willing to support local businesses. Those locals are also good people to get reviews from when you transition your product to a larger scale and a larger market like Walmart and Amazon. Every business wants to make money, and that is why they got into business in the first place, securing good deals and contracts with 3PL is important as it allows you to reach the largest market, the cheapest way possible, and with minimal work.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Ethics Theory and Contemporary Issues

Authors: Barbara MacKinnon, Andrew Fiala

8th edition

9781305162846, 1285196759, 1305162846, 978-1285196756

More Books

Students also viewed these General Management questions

Question

Define psychology and cite its four major goals.

Answered: 1 week ago

Question

Convert the numeral to a HinduArabic numeral. A94 12

Answered: 1 week ago