Are you experiencing rapid business growth, thinking of expanding to new markets, or looking to expand SKUs? Will you be able to handle operations in-house or should you hire a 3PL? Here are five telltale signs that it's time to outsource logistics and enlist a 3PL service provider.
Key performance indicators (KPIs) are a set of quantitative metrics that can help you gauge your business’ performance over time. Specifically, they enable you to monitor how effectively your organization is achieving its target goals.
Dimensional weight pricing (DIM) is a technique that enables freight carriers to charge shipping fees based on the size of the box, rather than its actual weight. Charging fees by weight ignores the impact of packages that are lighter in weight but bigger in size. Packages such as these take up more space on the shipping vessel or the delivery truck.