the subject of providing a partner 3PL was discussed during the week. The purpose is to provide a warehouse that will emulate the warehousing activities of the catalog houses. It will also provide our customer with a place to obtain samples for their bread boards.
- The 3PL will be a fetch Solutions distributor who has capacity and warehouse space to ship to our community engineering quantities.
- Distributor is looking for another revenue stream to make better use of his B2B warehousing activities.
- The Inventory will be on consignment from the partnering distributors.
- We will provide 24/7 shipping capability....An additional surcharge will be charged for 24/7.
- Pricing will be based upon the Octopart search.....Price it aggressively - To disrupt the desire to use the catalog distributors(digikey, newark) . Octopart URL is: www.octopart.com
- A formula will be developed to split the commission between the 3PL and the franchised distributor.
- Engineer/buyer will now be able to keep all their component requests at fetch Solutions.
- The financial considerations would rest with the 3PL provider.
- We will try to find a fastener distributor to be the3PL. In this case their will not be a competitive relationship. The hardware guy will be the provider of fastener products.
- 3PL can also perform the task of consolidation the orders from our partnering distributors to be shipped to the customer as one shipment or any other special shipping instructions.
TC
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