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16/6/2016 3 Comments

Why Cloud Computing is Transforming Logistics

Cloud technology has been around for almost 20 years, however supply chain professionals used to be relatively hesitant to migrate their systems across. While the industry’s move to cloud computing is still in its youth, cloud technology certainly makes a lot of sense for supply chain managers. Cloud-based supply chain management can significantly cut down on lost or late stock as it can locate a shipment during any stage of transport. It also makes it possible for various people to closely track a product throughout its lifecycle. Plus it enables you to communicate effectively and make quick decisions.
Traditional supply chain management systems can’t offer the 360-degree management and real-time accuracy of cloud management solutions and are much more transactional.

The Benefits of Cloud Based Logistics Management

Immediacy
It can take months to implement new software within existing IT systems, but you can contact Premium Results, and expect a new service to be up and running within a couple of weeks. We are there to assist you with the entire process.

Scalability
Our Cloud solutions allow you to scale without having to overhaul your entire system. As business needs change, your existing IT systems must evolve to provide the necessary resources to meet changing needs. Even if your company expands rapidly, Premium Results has the off-site computing power to accommodate your needs.

Accessibility
Dropshipping eliminates the wait time for a product to be shipped from a distributor to a merchant which can be weeks, allowing your business to start selling the moment your product is listed for sale on your website. In this way, dropshipping through Premium Results can help you come to market faster.

Efficiency
By converting to a cloud service with Premium Results, you can expect product improvements and innovations to come faster and without the need to hire more employees. Information management will no longer tax your internal resources, allowing you to shift team members from system management to other ongoing needs, such as research, marketing, product development or customer service.
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What managers are starting to realise is that everyone within a supply chain network must be able to communicate and share data to meet the ever-increasing needs of their business operations.
Cloud computing is a critical piece of that puzzle. By moving systems beyond your four walls, you are providing your team with access to the information necessary to get orders to their destinations in a highly efficient manner, at the appointed time.
3 Comments

9/6/2016 0 Comments

Top 5 Reasons to Use a 3PL Provider

There are multiple benefits companies gain by outsourcing supply chain management to a 3rd party logistics provider. At Premium Results we offer an all in one solution for stock sourcing, transport, warehousing, and distribution. Utilising a 3PL maximizes profitability through combined knowledge and resources and provides businesses with a reliable logistics advantage.

1. Save Time and Money
Using Premium Results eliminates the need to invest in warehouse space, transportation, technology and staff to carry out the logistics process. In this way outsourcing logistics to us will save a significant amount of time and money for your company.
There is also no need to worry about the paperwork, billing, order processing, staffing, training and optimisation involved to get your goods where they need to go. Premium Results will save you time which you can then use to focus on other crucial activities to make your business successful, like marketing and customer service. Or perhaps it’s more time away from the business you are seeking.

2. Resource Network
Premium Results has a vast international resource network that provides advantages over in-house supply chains. Using our resource network, we can source quality stock at the lowest prices and ensure that each step in the supply chain is executed in the most efficient and cost effective way. Premium Results can leverage relationships to secure volume discounts, which results in lower overheads. Choosing Premium Results as your 3rd party logistics provider allows your company to benefit from resources which might be unavailable in-house.

3. Scalability and Flexibility
Using Premium Results as your 3rd party logistics provider allows your business to grow into new regions with less barriers. We have warehouses and distribution centers strategically located and can organise quick shipping of goods to anywhere in Australia or around the world. This distribution method results in lower costs and quicker delivery times. Premium Results also has the resources to seamlessly support growth into new markets. 
Another benefit of using Premium Results is the ability to scale labour, space, and transportation according to inventory needs. Businesses with seasonal periods have the ability to utilise more resources and space when needed, leading to stress free transitions between industry ups and downs.

4. Expertise

At Premium Results we stay up to date with the latest developments in technology and are knowledgeable of the logistics industry best practices. Our cloud software is capable of advanced inventory management and reporting and provides much needed visibility to monitor the entire supply chain process. Our experts ensure the correct amount of inventory is always shipped where and when you need it.
Outsourcing logistics allows you to focus on your core competencies or areas in the business that are lacking. Utilising our services will allow you to have peace of mind knowing your supply chain needs are being handled by reliable, experienced professionals.

5. Continuous Optimisation

At Premium Results we have the resources on hand to make improvements to each link in the supply chain. Our logistics experts will ensure your business needs are met by using the most efficient, reliable and cost effective methods.
We use effective tools to restructure your supply chain and we use technology (including advanced cloud software) to ensure that the correct stock arrives when and where you need it. Our sophisticated logistics management software can monitor and analyse practices to eliminate any inefficiencies and streamline your supply chain. Outsourcing your logistics services to Premium Results will ensure ongoing improvements are made to your supply chain process. We can help maximize profit, reduce wait times, and improve your customer service.

​Contact Premium Results today to see how we can maximize your supply chain’s potential.


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3/6/2016 0 Comments

The Benefits of Dropshipping with Premium Results

​Dropshipping is a fantastic way to optimise your supply chain operations without having to worry about inventory or shipping. It’s a simple as displaying a product for sale on your website and waiting for an order, which is then sent to your supplier who will ship the item on your behalf.
 
Premium Results makes it easy to source the wholesale products you want at low prices, without having to worry about inventory management or logistics. You just pay for the products at wholesale prices and have them dropshipped directly to your customers.

​Why Premium Results for Dropshipping?

Save with low upfront costs
Businesses employing a dropshipping strategy don’t have to keep products in inventory. As dropshipping agreements do not require you to purchase stock until you get an order, businesses can significantly reduce their initial investment in stock. This means that many ecommerce businesses don’t need as much money as you might think to get up and selling...

Have more time for other things
Gain a competitive advantage by spending less time on inventory and shipping and more time on marketing and business development. Use that extra time to build a brand, create engaging content and provide excellent customer service.

Eliminate wait times
In some cases, the wait time for a product to be shipped from a distributor to a merchant can be weeks. Dropshipping eliminates these wait times, allowing businesses to start selling the moment their product is listed for sale on their ecommerce website. In this way, dropshipping can help merchants come to market faster.

Explore new product lines
Dropshipping gives businesses a way to test new products without having to stock up on inventory. It allows you to easily gauge how a new product will sell. Unsure if you’re capable of selling a certain product? Add it to your store and test it! Doesn’t work out? It’s as easy as removing the item from your store and testing something else. Because you’re not storing or managing any inventory, and there’s no upfront cost, there’s little risk to setting this all up.

Enjoy an error free supply chain backed up by proper tools
Had enough of inventory issues, supplier woes and complicated shipping operations? At Premium Results we are experts in providing consistent, error free supply chain solutions. Most inventory issues and supplier errors boil down to poor communication between business or departments. At Premium Results we utilise the latest cloud based solutions to automate communication while giving much greater control and visibility. Imagine your procurement documents and inventory status updates being exchanged automatically and electronically, eliminating the need for the manual creation of purchase orders or tracking information. When inventory updates are sent and received in real time the chances of delays or errors is reduced dramatically.

Get Started With Dropshipping
Whether you choose to dropship part of your inventory or the entirety of it, there are clear benefits to adopting the model. Reduce upfront costs, save yourself time and hassle, experiment with different products and grow your customer base, all while remaining lean!
 
Contact us today for a free consultation including a complimentary analysis of your business to find out how dropshipping can benefit you. 
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