Charles Darwin, it so happens, was a keen businessman. He just didn’t know it. But his theories about evolution and natural selection are so germain to your world and your company that he might as well have titled his seminal work, “The Origin of Profit.”
In order to survive, your company must compete for resources. In order to compete, you must adapt, evolve. If your company at any point isn’t suited for the market environment, you’ll be likely to go the way of the carolina parakeet.
Never heard of the carolina parakeet? That’s the point.
Let’s take the typical 3PL, for instance. 2019 has been a landmark year for third party logistic companies, seeing national industry revenue growth upwards of 195 billion, almost double where it was in 2009.
A casual eye might conclude from this that there must be enough resources to go around, that all 3PLs must be prospering and competition is unnecessary when there’s plenty for everyone. That casual eye is looking a lot like a certain parakeet.
You’re no parakeet. You have a more discerning eye, and you know that such times of growth are also times of fierce competition—those revenue numbers represent the few very successful, very well-adapted companies that have evolved to claim market resources.
So how do you evolve too? A good place to start is by eliminating the parts of your business maladapted to the competitive market. This means things that are old, things that may have worked “fine” in the past but will not contribute to your survival going forward.
This is where Smart Solutions thrives. More importantly, this is where Smart Solutions can help your company thrive, with the best of them. We can take a mid-to-large company like yours that uses hundreds of workers daily, and show you where your labor practices need to evolve to reclaim your profit in the competitive market.
Having trouble keeping 100% filled staffed?
Said one 3PL company representative, “With Smart Solutions Flexforce program, we are always over 100% filled and that means higher productivity and more profit for us. We love their strategies!”
Smart Solutions helped that company adapt beyond what they thought was their competitive capacity. Now consistently 100% filled, they have more ability to claim their corner of the market. They have evolved.
Smart Solutions can help your company evolve, too.
Download the FREE report The Growth-Strangling Cost of Normalcy: How to break freefrom “business as usual” for maximum profitability in outsourced labor