3PL P&L SUITE
use cases
- Overhead Shared Expense Allocations: Associate overhead costs with warehouse activity to capture the real cost od doing business at each level of your operation
- Profitability Analysis: Assess the profitability of individual clients or contracts by analyzing associated labor and operational costs.
- Cost Control Initiatives: Implement initiatives based on insights gained from P&L analysis to reduce unnecessary expenditures.
Our P&L Integration module allows you to integrate overhead costs such as insurance, building expenses, equipment rentals, supplies usage, and personnel salaries with actual labor transactions performed in the warehouse.
We give you the option to assign expenses to categories like Inbound, Outbound, Transportation that results in a more accurate cost of doing business. Imagine factoring in expenses like office labor, executive salaries, equipment leases and using this data to determine the portion assigned to each customer and each operation. No more guessing at bottom line numbers. More importantly, this information is available at any time.
Tariffs have escalated the cost of
imported goods.
How it will effect your 3pl business
- Reduced Import Volumes
Tariffs can lead to higher costs for imported goods, potentially reducing volumes shipped from high-tariff countries (e.g., China).
3PLs heavily reliant on trans-Pacific containerized imports may see volume declines or rate compression. - Client Margin Pressure
Tariff-driven cost increases may squeeze 3PL clients (retailers, manufacturers), making them more cost-sensitive or reducing service spend.
Smaller importers may reduce outsourcing or negotiate harder on contracts. - Uncertainty and Supply Chain Disruptions
Sudden policy shifts or retaliatory tariffs create uncertainty, which can disrupt planning and inventory flows, making it harder for 3PLs to optimize operations.
and let us help you turn a negative into a positive!
How our 3PL P&l suite can help you solve this?
Warehouse Space
Optimization
Maximize warehouse space to handle increased inventory due to tariffs, lowering storage costs.
Real-Time
Inventory Data
Manage inventory with real-time data to avoid overstocking and reduce storage fees, ensuring cost-effective imports.
Automation to
Reduce Labor Costs
Automate tasks like order processing and task allocation to minimize manual labor and boost productivity.
Customs Compliance
and Duty
Management
Track duties and manage customs compliance efficiently, reducing tariff-related financial burdens.
Operational
scalability
Scale operations as needed to adapt to changes in supply chain volume, reducing overhead during slow periods.
Data-Driven Decisions
Use analytics to identify cost-saving opportunities, optimize operations, and minimize tariff impacts.
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User doubts
3PL P&L Labor Tracking suite enables precise monitoring of employee performance, ensuring that tasks are assigned based on skill levels and availability. By integrating with Warehouse Management Systems (WMS), it can automate labor scheduling, reducing the need for manual intervention. Additionally, tracking real-time data allows warehouse managers to identify idle time, optimize work shifts, and ensure labor resources are allocated efficiently. This reduces overtime, prevents overstaffing, and ensures employees are working at their optimal capacity, ultimately lowering labor costs.
Yes, most 3PL Labor Tracking solutions are designed to seamlessly integrate with existing Warehouse Management Systems (WMS), Enterprise Resource Planning (ERP) tools, and other supply chain software. This integration ensures that labor tracking is synchronized with inventory management, order processing, and logistics planning. By centralizing data, businesses can gain real-time visibility into both workforce performance and warehouse operations, leading to better decision-making and cost optimization.
3PL Labor Tracking enhances employee productivity by providing real-time insights into work performance and task completion. With data-driven scheduling, tasks are assigned based on priority and employee skill levels, ensuring that the right resources are utilized effectively. Additionally, performance metrics like time spent on each task, task accuracy, and throughput are tracked, allowing supervisors to provide timely feedback and identify areas for improvement. This helps maintain motivation and ensures that employees are working efficiently, boosting overall warehouse productivity.
3PL Labor Tracking software typically measures several key performance indicators (KPIs) to optimize warehouse operations. These include:
Labor Utilization: Tracks the percentage of time employees spend on productive tasks versus downtime.
Task Completion Time: Measures the time it takes to complete individual tasks, helping to identify inefficiencies or bottlenecks.
Employee Efficiency: Compares the expected performance against actual outcomes, highlighting high performers and those who may need additional training.
Workforce Allocation: Tracks how labor resources are assigned to different tasks, ensuring that the right number of employees are scheduled for each job.
Overtime and Shift Analysis: Monitors overtime hours and shift scheduling to prevent unnecessary labor costs and ensure optimal work-life balance for employees.
By focusing on these metrics, 3PL providers can continually improve labor efficiency, reduce costs, and streamline operations.
Are you looking for the best toolsets for managing your warehouse?
Warranty
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Responsibility
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