Reasons to Outsource Warehousing and Distribution

Whether you are a start-up company that is just coming into the market or you have a large company that is searching for new opportunities, you can benefit from outsourcing with Millennium Logistics Management. There are many companies that are outsourcing warehousing and distribution services and this allows those companies to focus on other aspects of their business. How is outsourcing with Millennium Logistics Management beneficial to your company? Take a look at some of the top reasons below!

• Ease of Scaling – As your company introduces new products, enters new markets or changes seasons, the inventory levels and the transportation needs will indeed follow. The amount of warehouse space or the level of distribution services may not be possible to accurately predict, but with outsourcing, it is easy to scale your distribution model as your needs change. Outsourcing with Millennium Logistics Management helps reduce increased costs, giving you the ability to better manage inventory levels.

• Low Capital Expenditures – In order to grow and expand, further investments are always necessary but acquiring warehousing space and infrastructure for distribution requires a large capital investment. Choosing this route can be risky because companies end up tying up their cash flow and this can lead to financial instability. When the facilities and transportation are owned and operated by a third party such as Millennium Logistics Management, these risks are eliminated. This allows companies to have the opportunity for expansion without laying out capital up front.

• Incorporation of Shipments – Your complete inventory warehousing and transportation needs are combined under one roof when using Millennium Logistics Management. Instead of sending random shipments, coordinating multiple shipments to different locations can be achieved in a more timely and efficient manner. The economic benefits are many and Millennium Logistics Management can offer significant discounts by using a variety of transportation providers.

• Access to Solutions – There are times when smaller businesses may experience a lack of funding which makes it impossible to invest in technological solutions and that can create a serious barrier in the growth of a company. Millennium Logistics Management offers warehouse and transportation management systems, bar code software, and other inventory tracking methods (ARMS). Having the right tools and being well equipped aids in meeting customer demands without the investment. This type of access allows companies to benefit from the competitive edge regardless of the marketplace.

• Experience and Expertise – The supply chain is not the first area of expertise for many business owners, which can make the process very challenging. However, Millennium Logistics Management has in-depth industry knowledge as well as a proven process and therefore taking advantage of that knowledge and expertise is what will make the difference between serving a customer and losing a customer.

Ultimately, outsourcing warehouse and distribution with Millennium Logistics Management makes sense and the benefits are many because the ability to manage inventory, combine shipments, rely on the experience, and keep more capital on hand will give your business the upper hand in continuing to satisfy your customers now and in the years to come!