It is the very nature of the logistics industry to find new ways of doing things better. Whether it is through processes, services, or products that improve customers’ lives, the goal is always to enhance and optimize what a company can offer.

That’s why companies look to independent providers to enhance their offerings, capabilities and services through a partner ecosystem. Naturally, there are significant concerns that every company must address before deciding to bring in an outside partner offering those enhanced services. So how does a logistics company know how to select, onboard, and integrate a partner into a business to benefit their customers’ bottom line?

Here are the top 4 questions companies must ask before beginning work with a potential partner:

  1. Does it introduce risk?
    To mitigate risk, businesses need to look for some level of validation from potential outside partners or vendors. It could be in the form of certification, but it could also be by professional association or through customer testimonials. If those are good, it’s a strong indicator that your partner has not only a proven support system, but also a proven partner program. Organizations simply don’t produce strong testimonials by failing to execute.

  2. Does it drive and protect revenue?
    Does the partnership drive additional revenue opportunities, and does it create a competitive advantage that protects your secured revenue? These are not mutually exclusive but should both be considered with equal weight.

  3. Does it enhance your current operations?
    Finding a good partner that offers revenue opportunities while mitigating risk and costs for your business is integral to a successful partnership. Companies need to consider how independent logistic companies will achieve success for themselves and your business in the new relationship.

  4. Are they a good fit?
    Partnering with a logistics company, like Refund Logistics, is a decision that can have positive ripple effects within your company. Independent logistics companies can tie into the overall corporate strategy and enhance your shipping operations. Selecting the right partner for the right reasons is an important decision—and one not to be taken lightly.

It’s important that companies seek to partner with transparent logistics providers who keep your business at the forefront of their decision making. Ready to explore how Refund Logistics can help benefit your business’ shipping operations and your bottom line? Contact us today!