The Benefits of Using a Third Party Logistics (3PL) Company Like Hopkins Distribution
There are many benefits to using a 3PL company such as Hopkins Distribution. Third party logistics offers an all in one solution for assembly, packaging, warehousing and distribution. Utilizing a 3PL company like Hopkins gives your business an advantage over your competitors and maximizes profitability in the following ways.
The cost of using a 3PL company when compared to using your own warehouse is far less expensive. Using a 3PL eliminates the need to invest in warehouse space, technology, transportation and staff to execute the logistics process. A 3PL can allow your business to build a global logistical network with lower risk and higher return. Analysis of warehousing services has shown that companies using a 3PL experience an average of 15-20 percent reduction in warehousing costs.
Nevada boasts one of the most business-oriented tax structures in the nation and from a tax-planning perspective, the return on investment in the form of tax saving dollars can be enormous. If you decide to incorporate in Nevada and store and distribute your goods through Hopkins you will receive all of the Nevada tax benefits that the state has to offer. These benefits include no corporate income or unitary tax, no state income tax, no inventory tax, no personal income tax and low property taxes. When your product is shipped to Hopkins for storage and distribution, your company will not be taxed for the storage.
In our 20 years of experience in packaging, handling and processing we have developed a time-tested and trusted system of keeping our clients’ products free from harm. We have an OSHA Certified program in place for the proper handling of palletized and small package freight; keeping both employees and your product safe. Our 3PL warehouse is kept extremely clean which lends to the safe storage of your products as well as the ability to quickly find overstocked goods.
All of the above benefits add up to make Hopkins the right choice in a 3PL company. To create a more profitable fulfillment environment for your business, contact Hopkins Distribution today.