The number of tasks, processes and details that go into shipping of goods can be overwhelming. While timeliness and efficiency are important, logistics management should factor in other important tasks such as saving money, improving efficiency and making cost-effective changes to the supply chain. For a small to mid-size shipper, these can be especially critical. […]
Mastering the Complexities of eCommerce Fulfillment
The easiest way to place orders online today is via the game-changing technology known as ‘One-Click’ Ordering. When you are ready to place an order on Amazon, for example, all you have to do is click ‘place order’ just once. Or if you are using the mobile app, ‘swipe to order.’ The system picks up […]
7 Order Fulfillment Strategies to Fast Track Your E-Commerce Business Growth
Order fulfillment is the most important phase in a successful e-commerce transaction – it’s the time when your business meets your customers, greets them with a real ‘Hello!’ and completes the transaction. Everything prior to that – like your award-winning website design, sleek user interface and effortless checkout process – are just accessories that lead […]
Identifying and Preventing Supply Chain Theft & Fraud
From Wall Street companies to street-corner convenience stores, no business is ever immune from theft and fraud – least of all supply chains. From flat-out bribes to rigging supplier selection to pilferage of goods during transit, supply chains experience every possible level of theft and fraud, and as with any business organization, even the smallest […]
Same-Day Shipping – Is It Sustainable?
In today’s fast-moving world, the modern supply chain network faces ever increasing customer demands for same-day shipping. A recent survey reveals that nearly 56% online shoppers in the 18-34 year age group prefer same-day shipping and 61% consumers will pay more for the convenience. Thanks to advancements in technology, same-day shipping has resulted in a […]
What Are the Services That A Company Can Safely Outsource
Whether you are an entrepreneur or an established business owner, at some point you may find yourself agreeing that it is impossible to do everything yourself and that outsourcing some services could help the growth and success of your business. Once you make the decision to outsource some of your services, you’ll find you have […]
How Real-time Inventory Management Enhances Your Omni-Channel Strategy
Over the past decade or so, shopping has evolved from being a “chore” to a “customer experience” that makes frequent turns along the path to completing a purchase. Most peope begin shopping on one device, but complete their purchase via another device or channel. With the digital transformation of the retail industry, customer demands are […]
What is a 3PL? A Complete Guide to Third-Party Logistics
A 3PL (third-party logistics provider) is a company that manages logistics and fulfillment for your business. Instead of storing inventory and shipping orders yourself, a 3PL handles it for you.This typically includes: Inventory storage Order fulfillment (pick, pack, ship) Shipping and carrier management Returns processing For ecommerce brands, a 3PL is not just a warehouse. […]
Consumer Demand Shapes Supply Chain Strategies
Customers have a relentless desire for their orders to be processed immediately, delivered same-day and, if needed, returns processed just as efficiently. ‘Need-it–now’ is the new mindset in the eCommerce world. In fact, a quarter of customers are willing to pay more for same-day delivery (McKinsey study). This is quite a contrast to the mall […]
Why Inventory Management is Critical to a Positive Bottom Line
Inventory management is about much more than having sufficient quantity of stock. It is also about ensuring that the right stock reaches the right customer at the right time. For any profit-oriented business, inventory management is a make-or-break factor. In fact, poor inventory management has been the sole reason leading to the downfall the of […]