I have made headway doing fulfilment for a few E-COMMERCE brands in Australia at a smaller scale and it is definitely profitable on a small scale.
I want to get an understanding of the ins and outs from someone that has been in the industry and knows what net profit % most 3pl providers generate.
The profitability of a Third-Party Logistics (3PL) business can vary based on factors such as scale, efficiency, and market conditions. Net profit percentages in the logistics industry often range from 5-20%, but it's crucial to consider various costs like warehousing, transportation, and technology investments.
Experience working for a logistics company can provide valuable insights into industry dynamics. If you've been successful in fulfillment for e-commerce brands in Australia at a smaller scale, expanding and optimizing operations could enhance profitability. Consider market trends, technology integration, and cost management to further improve your 3PL business.
