
Despite the third-party logistics (3PL) industry reaching $194B in revenue last year, 40% of 3PLs struggled to increase profits*. Easy Metrics addresses this profitability gap with Easy Metrics Profit Management, a new SaaS solution that provides real-time profitability insights by customer, process and site. With instant access to profitability data, 3PLs can now optimize operating margins and boost their bottom line while eliminating weeks of manual reporting.
“This real-time profitability data is a game-changer for 3PLs,” comments Dan Keto, president and CTO of Easy Metrics. “Knowing each customer’s operating margin enables 3PLs to price competitively, negotiate pricing based on objective data, and boost operating margins by up to 3%. For 3PLs with typical operating margins of 20-30%, that’s a significant impact because it goes straight to the bottom line.”
Key Takeaways:
Easy Metrics Profit Management integrates with Easy Metrics ProTrack or any Labor Management System (LMS) that allocates time spent on a process as employees perform work. For 3PLs without an LMS, Easy Metrics offers OpsFM™ alongside Profit Management, allowing them to get up and running quickly.