Retail Ready Service (RRP) at Draco
We can help get your product to market assembled, filled and ready for customers!
At Draco, we have the ability to assemble your floor displays, load them with product and have them staged for pickup as a finished product…ready for customers. Once delivered, all you need to do is move them on to the sales floor.
Contact us now to so we can help get your products to market in time for the Holiday Season!
Take a look at the new Draco 3PL…same reliable Draco, just a new look!
Draco 3PL welcomes the Verizon Indy car series to Indianapolis
The Indianapolis 500 is the world’s most famous and prestigious auto race. It has taken place annually since 1911 at the Indianapolis Motor Speedway except for 1917-18 and 1942-45 during America’s participation in world wars.
“The Greatest Spectacle in Racing” covers 500 miles, 200 laps on the famous 2.5-mile oval. It currently is the marquee race on the schedule for the Verizon IndyCar Series, the premiere open-wheel racing series in North America.
The “500” is the world’s largest single-day spectator sporting event.
Draco 3PL can help reduce costs for our clients by offering product packaging here in our 100,000 square foot facilities. Integration of warehousing, packaging, pick and pack, order fulfillment and distribution within one facility provides several key benefits:
1) Overall cost reductions
2) Fewer touches by vendors
3) Lowering Freight costs
4) One vendor, One contact
Draco LLC, located in Indianapolis, Indiana offers efficient automated and manual E- Commerce pick and pack service as well as fulfillment and distribution for our clients that specialize in E – Commerce sales.
Our multiple checkpoint process ensures that products are picked efficiently and correctly before being distributed worldwide.
We’ve all been in a store or have seen news stories on when a major product recall is being announced. Imagine you are a company that has to relocate and obtain hundreds to thousands to millions of products, all the while trying not to plummet your profits or ruin your business’s reputation. Sound like a nightmare? It is. Sadly, for many companies this horror comes true, and often enough many companies struggle to find a way to survive and make it out of the business still alive.
Fortunately, there is a way to manage and survive a product recall.
Through crisis management, a strategy can be developed, tested, and implemented when needed, to help handle the logistical web of relocation, obtainment, and fixing of the product during a recall. The best part is, there isn’t an immediate need to call up and hire a full PR or HR staff. Instead, you can look towards a 3PL provider to help you get started. Often enough, they will have the technology, resources and experience to help your company through a crisis.
Like eating healthy and going to the doctor, the best way to prepare for the product recall is to simply prepare. Do your research and find a 3PL provider that can help you develop a strategy that can be implemented in the blink of an eye in case of a major crisis. Test and tweak it until you, the 3PL staff, and your employees feel comfortable if such a recall would to occur. Finally, look into investing in recall insurance. Like home and auto, it’s better to be safe than sorry. Recall insurance can potentially cover the large costs of 3PL, customer notification, shipping and the disposal of the damaged goods.
Having a tested and strong crisis management plan can be an opportunity. It could strengthen communication within your company culture, your 3PL provider and give you ease of mind knowing your company is ready for the worst-case scenario.
Overall, a 3PL service can help in receiving, shipping, and even fixing a recalled product with little to zero business interruption. All it needs is a collaborative effort from both parties to help build a strategy best for your company. As we all know, you never know what could happen tomorrow, and the best way to be prepared is to be ready for it––today.
Ever wonder how some products make it to their destination in record time? Better yet, what about the ones that arrive on time and don’t cost an arm and a leg? The Hail Mary strategies behind logistics and supply chain can vary from business to business, but often enough for retail, a major way to lower cost and raise efficiency is through a process called “cross docking”.
Let’s talk about this. More importantly, let’s discuss how it works and how your company could benefit by implementing this logistics strategy.
Cross docking is a logistics strategy where products from a supplier or manufacturer are distributed directly to a customer or retail chain transport with little to no handling time and storage. Think of cross docking as a transaction. On one end is the carrier of the product or in this case a cashier. On the other lies the recipient or retail chain that easily receives the goods without having to wait endlessly and pay for large amounts of warehouse space. Below is an image of how this process works.
Another way to think of cross docking is the wheel of a bicycle. The hub is the supplier of the goods and the spokes are the various retailers that are pulling their goods from the one supplier. This creates balance and efficiency and deletes the need for large warehouses and many distribution centers.
What are some other benefits of cross docking?
- Lower warehouse and storage costs
- Efficient supply loads
- Lower transportation costs
What about disadvantages?
- Need for technology to time and manage shipments
- Need for large fleet of trucks
- Better fit for major retailers and not small business
Within cross docking lies many tactics in how to make it all work to your benefit. If you are a retailer that sells various types of goods, cross docking can use “consolidation” which would take small shipments and compile them into one large transport. Another tactic is when a major retailer that needs to distribute a large amount of product to various stores, but orders the supply in one large bulk. You can “deconsolidate”, which would allow this large bulk of supply to be fed into many trucks at one time, thus lowering the amount of stops that would have to be made by the supplier.
In the end, cross docking is a logistical method that calls for perfect timing and procedure but reaps the benefits of lowering overhead costs and streamlining turn around time. What does this mean for you? Well, it could boost your bottom line and shorten lead-time. For your customers it could mean lower retail prices, always-stocked shelves, and shipments being on time. Overall, if your company’s warehousing, transport or distribution costs are too high or being placed completely on your plate, consider investing in a 3PL service that can help you implement a cross-dock strategy.
Business has always been about paperwork. Stapling, printing, stamping, and signing were all parts of the purchasing process. Nowadays, this process has been almost completely digitalized and automatized. Thus eliminating the many errors that would occur from the handing off and processing of purchase orders and returns. What caused this change? EDI, short for electronic data interchange.
EDI is a technology that most of the business world uses for their business transactions including shipping, distributing, purchasing, and the dreaded return. Beginning in the 1960’s, at the start of the computer age, EDI was simply small data transfers from computer to computer. Major improvements occurred throughout the next twenty years as file sizes increased and the railroad industry gave major funding for research and innovation. By the end of the century, thanks to the development of the Internet, automotive, air, and major corporations were now all on board for using EDI to streamline their purchasing and shipping information.
In the past, before EDI, businesses had to wait days upon days for confirmation of their orders and shipments. It was also placed upon the business’s responsibility to manage and track their shipments, noticing any mistakes hopefully before it was too late. Today, the company client can track their orders through a 3PL provider, who retains all of the information. Businesses and service providers have access to all of this information in real-time through EDI portals. Now orders, returns and shipments are received and available for view within moments. Error frequency has also been almost completely eliminated because of everything being electronic, automatic, transferred through system standards.
So what does this mean for you as a company and potential client? It’s simple. Using a service that allows your data to be processed through EDI will streamline your business. Fewer mistakes, faster transactions, and ease of mind will all happen because everything goes as plan. You can stop constantly tracking and checking up on orders, making sure you have all the right paperwork, and wasting precious time. Thus allowing you to go back to what you do best: building your business.
3PL or third party logistics is often a mysterious field and service for new companies and entrepreneurs. Here at Draco, we want to share the knowledge and amazing benefits that having a warehousing and logistics service can give to your business. This article will focus on ten reasons why our warehousing services can allow you to let go of the “logistics” of your company and refocus on what you do best.
Our company has a highly efficient and affordable transportation service through our network of resources that ensures your products arrive on time and to their desired location.
We use state of the art technology and communication that can allow your product to distribute accurately both on time and in the right amount to your retailers.
3.Release In-House Burdens
No longer will your company have to worry about hiring employees to handle the holiday season rush or fulfill your orders. This will give back crucial time to your company by taking away the hiring process for your warehouse stock.
Our facility is very secure and insured which ensures the safety of your product. We also hire reputable employees that are trustworthy and take pride in their job.
5.Invisible Helping Hand
Our services will remain invisible to your customers; yet will still help you achieve your storage, fulfillment and distribution goals.
As said before, by hiring a 3PL service, your overhead costs of maintaining a personal warehouse and staff will be eliminated.
In owning your own warehouse with its own staff, if business is slow, the pay remains the same. At Draco, we use flexible rates.
8.Better Customer Service
Having more resources and time on your hands will allow you to focus on your customers and providing them quality products and communication. We also will meet your customer’s needs keeping them satisfied.
It can get very expensive to keep up with warehousing technology and keeping up with larger retailers and companies. We constantly update and train on new technologies relieving the time and financial burden of doing it on your own.
We are experts in warehousing, distribution, fulfillment, and logistics. We understand that our clients are experts in their industries as well, and that is where we believe a company’s focus should be. There will no longer be a worry about whether your warehousing staff is meeting your needs because this is our expertise, and we will ensure your warehouse success.
At the end of the business day, it is important to reflect and understand your company goals and what you want to achieve. At Draco, we want more than anything for our clients to succeed because it ensures that our business will stay alive. Working with us is a collaborative relationship, and together we can make sure each of these benefits will occur within your business.
In 2011, improving visibility was one of the top projects undertaken by logistics companies. In short, logistics visibility is the development and method in which clients can be a viewer to the whole system. They become a spectator, and in a way, an overseer to each 3PL service. Clients want to understand how their product is doing at all stages of service. It is not because clients want to have full control or are obsessive over their inventory, but rather that a service that becomes transparent allows flexibility and adaptation. Below we will talk about why visibility is important and its benefits.
In 2000, the big boom of logistics began to occur. Technology was blossoming and service was quickly speeding up. Clients had shorter timelines and more on the line with their products. Demand in commerce meant more demand from their service providers, with service providers being logistics companies. Prior to this big explosion of commerce, technology service, especially within logistics, was kept secretive. Companies had to invest trust into their provider in order to participate. On the other hand, that meant the 3PL service had to always deliver and always voice back to the client that “Everything is going great.” But what if it wasn’t? What if their product was mislabeled or they actually needed two hundred shipped instead of fifty? This is when visibility becomes crucial. Having the technology that allows clients to see their product’s progress at all stages gives them the reassurance that everything is okay, and if it isn’t, it is fixed immediately.
The benefits of visibility are simple. It creates reliability, trust, and promotes efficiency. More importantly, it helps meet the high demand within logistics. Prior to having this technology, problems were found often too late. But now, with technology like real-time barcode scanning and web portals to access their products information, problems show themselves right as they happen. It is important for logistic services to adopt visibility within their company because it shows compassion to their clients. An understanding that tells clients, “We know what it’s like, so we want you to be a part of it.”
At Draco, we love that our clients become a part of the process, and we thrive on it. It pushes us to work harder and builds our client relationships stronger. Contact us and learn more about our supply chain management solutions and 3PL services. We can walk you through our technology systems and show you how we can work together, with a transparent process, every step of the way.