Thankful's story begins when they were scaling their own consumer brand. They were excited but somehow just kept running into road block after road block with their supply chain partners. This led them to pivot away from the brand and launch Thankful, a turnkey supply chain infrastructure partner that can serve as an extension of the brands we work with. They have the in-house capability to assist brands with sourcing and manufacturing all the way through warehousing & fulfillment. At Thankful, they pride themselves on being the equivalent of an in-house team for the brands they partner with, including joining their Slacks so we can collaborate live, completely transparent pricing, helping flag inventory levels when needed, and even including content creation, among many other value adds.
Third-party logistics (3PL) refers to outsourcing supply chain activities—such as transportation, warehousing, inventory management, and order fulfillment—to an external provider.
By leveraging 3PL services, businesses focus on their core competencies while professionals manage the logistics.
Here’s how 3PL integrates into your supply chain:
Inventory Storage: Products are stored in a 3PL-managed warehouse.
Order Processing: Once an order is placed, the 3PL picks and packs items.
Shipping: The 3PL partners with carriers to ensure prompt delivery.
Returns Management: Customer returns are processed efficiently to maintain satisfaction.
Cost Savings: Eliminates the need to own or lease warehouses.
Scalability: Supports seasonal spikes and growth without infrastructure investment.
Expertise: Access to advanced technology and optimized processes.