Third party (3PL) logistics providers typically specialize in integrated operation, warehousing, and transportation services that can be scaled and customized to customers' needs. Taking into consideration market conditions, such as the demands and delivery service requirements for products and materials, BexR considers no opportunity typical. Our services go beyond logistics and include value-added considerations related to the production or procurement of goods such as:
- Product packaging, kitting, and assembly
- Inventory management
- Expansive storage capabilities and environmental control for pharmaceutical materials, including raw materials, in-process materials, and finished goods
- Regulatory compliance
- Sustainable practices, including recycling services that are regulatory compliant and meet security requirements
Unlike production, where a company starts with raw materials and actually creates the end product, procurement, by definition, is the act of acquiring, buying goods, services or works from an external source. It is favorable that the goods, services, or works are appropriate and that they are procured at the best possible cost to meet the needs of the acquirer in terms of quality and quantity, time, and location.
Many companies overlook procurement when selecting a 3PL provider. There is a fear that heavily factoring procurement into the selection process will lead to decisions being made based on price, disregarding the quality of the 3PL provider.
At BexR, we believe that procurement needs must be factored into the evaluation process. Our multifunctional team provides our clients with solutions that accomplish users’ functional requirements and also help achieve cost reduction and efficiency objectives in the supply chain activities.