For trucking companies, continued growth is often critical for success. One option that can support expansion is securing a larger fleet. With more vehicles, you have increased capacity, allowing you to get more business by boosting your offerings.
In many cases, long-term leasing could be a pathway toward expansion. With long-term leasing, you get a scalable solution, allowing you to maintain a more extensive fleet while keeping a degree of flexibility. Plus, it can be budget-friendly, all while securing extra benefits like roadside assistance and access to maintenance packages.
However, you can also support growth by offering fulfillment services. If you’re wondering how fulfillment services can take your company to the next level, here’s what you need to know.
Understanding Fulfillment Services
Fulfillment services are part of the broader e-commerce landscape, often designed to streamline shipping to customers and reduce wait times between ordering and product arrival. Usually, fulfillment service offerings involve delivering goods for another party. In some cases, they also include other logistics features, such as warehousing, picking, packing, and order tracking.
Since the demand for home or business direct deliveries is growing, many e-commerce companies seek additional support beyond traditional mailing methods. This is especially true for larger goods that aren’t easy to ship using services like USPS, FedEx, and UPS. However, even for smaller items, this can create a unique opportunity for companies looking to expand.
Adding Fulfillment Services to Your Offerings
If you want to add fulfillment services to your offerings, you need to have a strategy for the program and define what you’re open to providing. As mentioned above, some fulfillment services are purely transportation-focused, while others include warehousing and order preparation-related offerings. As a result, you’ll need to determine what you can provide directly, as well as if you can partner with other providers to create a broader package.
Additionally, you may need to implement specific kinds of solutions. Since order tracking is deemed essential by most customers – including in the B2C and B2B marketplaces – having technologies that support tracking is preferred. That way, you can market the feature to companies looking for transportation solutions and position your pricing to align with the extra offering.
However, you also need to make sure that your rates remain competitive. Research competitors to learn more about their fulfillment services programs, including their price point, delivery timelines, and more. That way, you can determine how your offering stacks up in the local and wider market, making it easier to find a price that fits with industry norms without selling yourself short.
Ultimately, both long-term leasing and fulfillment services can be excellent options for business growth. They let you expand your fleet and your offerings, creating new business-driving opportunities that can take your company to the next level.
Do You Need Transport Hiring Services?
If you are expanding your business and need qualified, experienced drivers for your fleet, contact the team at PTS® today.