10 Ways A 3PL Can Support Your Omnichannel Growth
10 ways a 3PL Can Support Your Omnichannel Growth
According to CB Insights, the rise of e-commerce, changing consumer behaviors, and stiff retail competition has made omnichannel retail increasingly relevant. With the rise of omnichannel retailing, businesses increasingly rely on third-party logistics (3PL) companies to support their growth. 3PLs offer various services and solutions to help companies to optimize their operations, reduce costs, and improve customer experience. Here are 10 ways a 3PL can support your omnichannel growth:
Order Fulfillment
3PLs provide comprehensive order fulfillment services to streamline your operations and increase efficiency. They assist with warehousing, inventory management, and distribution services. 3PLs can offer various services, from basic order fulfillment to more complex order management and tracking. By leveraging their expertise and capabilities, 3PLs help streamline the fulfillment process, maximize efficiency, and improve customer service. 3PLs can help reduce costs associated with order fulfillment, provide real-time inventory visibility, and provide seamless tracking and delivery of orders.
Inventory Management
3PLs help manage your inventory by providing real-time visibility into your stock levels. This lets you make informed decisions about inventory allocation, reorder cycles, and stockout prevention. Partnering with a 3PL to help manage inventory is a way they support omnichannel growth because you have a singular system managing inventory while leveraging multiple distribution warehouses.
Warehouse Management
3PLs can help you manage your warehouse operations, including receiving and storing inventory, picking and packing orders, and shipping orders. Allowing a 3PL to assist with warehouse management alleviates the burden of managing warehouse operations, logistics, and staffing. Expanding warehouse capacity is one of the largest investment costs for a business branching into omnichannel sales. When you partner with a 3PL, this is a more seamless and affordable option.
Logistics Optimization
3PLs can help you optimize your logistics operations by providing cost-effective shipping solutions and tracking tools. They manage the supply chain process, from warehousing and inventory management to order fulfillment and shipping services. They provide the resources and expertise necessary to ensure smooth and efficient operations. 3PLs can offer value-added services such as order tracking, product customization, and reverse logistics. In addition, 3PLs are often accustomed to managing international shipping. They can provide expertise in customs clearance, foreign exchange, and other international shipping factors. By outsourcing these services to a 3PL, companies can free up resources to focus on their core business operations.
Customer Service
3PLs can provide customer support on your behalf, including handling inquiries, returns, and complaints. Utilizing a 3PL can improve customer satisfaction by offering faster delivery times and improving returns management processes. This helps you maintain a positive customer experience and build customer loyalty.
Technology Integration
One of the main ways a 3PL can support your omnichannel growth is by integrating all order fulfillment and logistics technologies into a single platform or point of reference. 3PLs assist with integrating your eCommerce warehouse management systems, inventory programs, and transportation software with your retail sales platforms. Integrating all of the necessary systems allows you to manage orders and inventory more efficiently. As a result, you can offer a seamless omnichannel experience.
Compliance
3PL support of omnichannel growth can help ensure your operations comply with applicable laws and regulations. Governing all the moving parts to ensure compliance is complex and expensive if improperly handled. 3PL companies have extensive experience with compliance standards. This can help you avoid costly fines and penalties.
Supply Chain Visibility
A 3PL helps with supply chain visibility by providing access to various digital tools and services that enable organizations to track, manage, and analyze their supply chain operations. Consequently, this visibility helps businesses stay informed of the progress of their goods throughout the supply chain, from the point of origin to the point of delivery. Additionally, 3PLs often provide real-time shipment tracking and analytics, helping businesses to plan their supply chain operations better and identify areas of inefficiency. Finally, 3PLs can provide visibility into the entire supply chain, from production and procurement to order fulfillment and delivery, giving businesses greater control over their supply chain operations.
Scalability
3PLs support your omnichannel growth by allowing your business to scale up and down as needed. Partnering with a 3PL for all your logistics needs enables your business to try new promotions and ideas and even launch new markets without the significant overhead investment it would require doing it alone. The flexibility and support to scale are one of the most important benefits of partnering with a reliable 3PL provider.
Reporting and Analytics
Every business owner recognizes that good decisions are made from good data. In order to grow your omnichannel sales, it is vital to have a clear picture of products and customers throughout the supply chain. 3PLs provide detailed reporting and analytics to help you better understand your operations and make data-driven decisions.
Beginner’s Guide to Third-Party Logistics (3PL)
The world of e-commerce is always changing, therefore understanding the roll of Third-Party Logistics is integral to keeping up. In light of this our beginner’s guide to third-party logistics (3PL) will delve into the essential aspects, offering insights into fulfillment services, warehousing, and much more.
Read More…
As can be seen, there are numerous ways that a 3PL partnership can improve your business operations. Indeed, you will likely see improvements across your organization by leveraging just a few of the 10 ways a 3PL can support your omnichannel growth. Moreover, a solid 3PL is undoubtedly committed to your evolution as a retailer. In essence, partnering with a 3PL can be a game-changer for your business. After all, when you win, they win.
If you want to learn more about how Falcon Fulfillment can support your omnichannel growth, contact one of our friendly agents today.
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3 Reasons Why Your Business Needs a Fulfillment Warehouse
Reasons Business Needs a Fulfillment Warehouse
As a business grows, delegating tasks and making wise investments that improve efficiency and productivity becomes vital. Inventory storage and staging areas are critical to effective order fulfillment. Not only that, but staffing must also increase to meet the growing demand of a thriving business. An efficient fulfillment warehouse is essential to any business, regardless of size. It enables companies to streamline the order process, improve customer service, and ultimately increase profits. Here are 3 reasons why your business needs a fulfillment warehouse:
Streamlined Order Process
Streamlining the order process is one of the most significant benefits of using a fulfillment warehouse because it allows a business to process orders quickly and efficiently. By housing your inventory with a fulfillment warehouse, you can easily keep track of stock levels and promptly fulfill customer orders. This reduces the time it takes to process orders, leading to improved customer satisfaction and a more efficient order process. Look for a provider that has invested in modern integrated technologies. Here are a few of the simple ways working with a fulfillment warehouse will streamline the order process:
- Orders are fulfilled using integrated technology.
- Leverage shipping automation, selection, and tracking software.
- Barcode and single SKU scanning for accurate inventory tracking.
- Real-time inventory levels are available 24/7.
- Standardize reorders and restocking cadence.
- Organized warehouse workflows.
- Detailed receiving to ensure precise order quantity and quality.
- Shipping synchronization.
Improved Customer Service
With a fulfillment warehouse, businesses can provide customers with faster delivery times and a better overall experience. From streamlining the order process to improving picking and packing accuracy, customers will get what they ordered faster and more consistently. Orders are packed in such a way as to minimize damage in transit, which means fewer returns and exchanges. In addition, a fulfillment warehouse can provide additional services such as order tracking, returns and exchanges, and customer support. Companies can use these services to ensure customers have a positive experience and increase customer satisfaction.
Increased Profit
Businesses can increase profits by streamlining the order process and improving customer service. For instance, faster delivery times mean customers are more likely to purchase from your company, leading to increased sales. Additionally, working with a fulfillment warehouse can significantly increase profit margins by reducing overhead costs, such as those associated with inventory management and shipping. Warehouses are able to store, package, and ship goods more efficiently than a business can handle on its own. Consequently, this results in lower costs and increased profits. Furthermore, companies can reduce labor and material costs associated with stocking and managing inventory with better organization and space utilization. This cost savings and efficiency can ultimately increase profitability for businesses that partner with a fulfillment warehouse.
Overall, having a fulfillment warehouse is essential for any product-based business. It streamlines the order process, improves customer service, and ultimately increases profitability. If your business needs help finding the space, human resources, or time to deliver your goods consistently and efficiently, it is time to evaluate your warehousing and fulfillment options. Considering the 3 reasons why your business needs a fulfillment warehouse why not partner with Falcon? Let us help your business go to the next level.
If you are still trying to figure out where to begin, talk to one of our agents today.
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5 Fulfillment Mistakes That Are Costing You
5 Fulfillment Mistakes That Are Costing You
Running an e-commerce business is challenging. From customer service to product fulfillment, there are a lot of moving parts that can make or break the success of your venture. One essential element of e-commerce is fulfillment — getting orders to customers promptly and cost-effectively. Unfortunately, many businesses make costly mistakes when it comes to fulfillment. Here are 5 fulfillment mistakes that are costing you:
1. Not Offering Multiple Fulfillment Options
Failure to offer multiple fulfillment options can significantly reduce your customer base. Not everyone lives near a store and wants to pay for expensive shipping. Offering multiple fulfillment options such as in-store pickup, curbside pickup, BOPIS and free shipping can help you reach a broader customer base and increase revenue.
2. Not Automating Fulfillment Processes
Automating your fulfillment processes can streamline business operations and save time and money. To begin automating your fulfillment processes, define your current fulfillment processes and evaluate which ones can be automated. Once you have identified the functions that can be automated, decide which software solutions or applications to use.
This can include an Order Management System (OMS), a Warehouse Management System (WMS), or a Customer Relationship Management (CRM) system. Once you have identified the solutions, implement them and train your staff. You should also ensure that the automation solutions you choose have the necessary features to help streamline your fulfillment processes. Finally, track the performance of the automation solutions and make changes as needed to optimize them. The beauty of automating your fulfillment processes is it reduces manual errors and makes it easier to track inventory and shipments.
3. Not Utilizing a Warehouse
If you’re not utilizing a warehouse for your fulfillment needs, you’re likely spending more money than necessary. Investing in a warehouse for fulfillment can save you money in the long run. They are more efficient than home-based fulfillment because they provide more space and specialized equipment. This increased efficiency saves you on labor and shipping costs and reduces the time it takes to fulfill orders. In addition, warehousing allows you to take advantage of bulk discounts, which can help you reduce costs further. Lastly, the warehouse can also help you reduce the risk of damage and loss from improper storage of products. Overall, if you are still fulfilling out of your garage, this could cost you time and money.
4. Not Investing in Inventory Management Software
Inventory management software can help you keep track of your inventory, reduce stockouts, and ensure you always have popular items. It allows you to track incoming and outgoing inventory, set reorder points, and manage inventory levels. Investing in this type of software can save you money by allowing you to control your inventory and inventory costs better.
When you can accurately predict inventory needs, you can avoid overstocking or understocking, saving you the cost of excess or lost sales due to a lack of inventory. Additionally, inventory management software can help you better track the cost of goods, allowing you to optimize your supplier relationships and take advantage of cost savings. Finally, inventory management software can help you better manage warehouse and staffing costs, ensuring that you are efficiently utilizing your resources and maximizing your savings.
5. Not Utilizing Fulfillment Service Providers
Fulfillment service providers can help you save time and money by managing your fulfillment needs. Working with a fulfillment service provider can save you money in several ways. By outsourcing fulfillment services, you can avoid expensive overhead costs associated with warehousing, shipping, and order fulfillment.
Additionally, fulfillment service providers have access to discounted rates with shipping carriers, allowing you to reduce the cost of shipping orders. Furthermore, fulfillment service providers are experienced in packing orders efficiently, which can help you reduce the cost of packing materials. Finally, working with a fulfillment service provider can help you save money on labor costs by eliminating the need for in-house staff to manage the fulfillment process.
Investing in the right tools and services can make all the difference when it comes to the success of your business. Being aware of these common fulfillment mistakes can help you save time and money when running your eCommerce business. If you want to learn more about how Falcon Fulfillment can help you avoid these 5 fulfillment mistakes costing you, talk to one of our agents today.
If you’re ready to start the transition or have questions, contact us to learn more about our services.
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Returns Management - Outsourcing vs. In-House
Returns Management – Outsourcing vs. In-House
It is essential for product-based businesses to handle returns management effectively. In fact, according to a recent consumer report, 96% of consumers say they would return to a retailer with an “easy” return policy and process. Outsourcing returns management can be a great option to help streamline the returns process and reduce overhead costs. In-House returns management can work for smaller businesses that are not processing a significant amount of returns. This post will discuss good returns management outsourcing vs. in-house.
Elements of Great Returns Management
A good returns management strategy aims to create the most cost-effective and efficient process for both the company and the consumer. Returns management is the process of returning products to the retailer that are defective, no longer needed, or require an exchange. Not only does returns management involve getting goods back to the seller, but it also includes reducing the need for returns altogether.
Essential elements of great returns management include:
- Customer Service – A great returns management process begins with excellent customer service. This includes several key elements, like a clear and easy-to-understand return policy, transparent and prompt communication, as well as various resolution strategies. In addition, if a customer runs into a snag in their return teams or chatbots are readily available to solve more complex return needs.
- Reverse Logistics – Reverse logistics involves every aspect of shipping, tracking, and receiving unwanted products and then processing them accordingly. This includes evaluating the product for damage or repair potential, restocking items, reselling, refurbishing, and shipping out an exchange when required. There are a fair amount of touchpoints during this cycle of the returns management process.
- Inventory Management – Another crucial element of great returns management is inventory management. A recent consumer trend is that customers will buy multiple sizes and colors of a product with the intention of returning them. Therefore, businesses are seeing en masse returns that can affect their bottom line. Every item that can be salvaged must be appropriately repackaged, labeled, and returned to sellable inventory. Alternatively, the stock must be disposed of through the proper channels.
In-House Returns Management
Managing returns in-house can be a blessing and a curse. It can be an excellent fit for new or smaller businesses that are not dealing with a significant amount of returns or exchanges. However, managing returns in-house can become exponentially complicated as a business scales.
Pros of In-House Returns
The main benefits of managing returns in-house involve insight and control over the process. Because teams are completing the returns process directly, the company has full awareness of the efficiencies (or inefficiencies), customer satisfaction levels, and operational impact within the business. Here are a few reasons to consider managing returns in-house:
- Increased control over the returns process
- Improved customer service experience
- Lower costs associated with outsourcing
- Increased insight into customer satisfaction
- Ability to leverage returns data to understand customer preferences and trends better
- Ability to track returns in real-time
- Full transparency into the process
- Improved customer loyalty and retention
Cons of In-House Returns
Complications with in-house returns management start to occur as the number of returns increases. More returns require more staff, customer service hours, and more attention to restocking and inventory levels. Some business owners can get overwhelmed by volume, resulting in a poor customer experience. Here are some of the main drawbacks:
- High labor costs associated with processing returns
- Potential issues with tracking and managing customer data
- Difficulty managing customer expectations
- Difficulty managing inventory and restocking
- Difficulty organizing and tracking shipments
- Increased customer service costs
- Increased risk of customer dissatisfaction
Outsourcing Returns Management
Many businesses find that outsourcing is the best solution to provide high-quality service for their customers. Outsourcing returns management is an excellent way for companies to improve customer service and minimize costs, especially as they grow. In addition, outsourcing can help free up internal resources to focus on the business’s core competencies.
Pros of Outsourcing
Outsourcing releases vital staffing resources for more essential business operations. As a business scales, outsourcing can offset the increased focus that returns management requires. Here are some of the main benefits of outsourcing returns management:
- Cost savings: Outsourcing returns management can reduce labor costs, freeing up resources for other aspects of the business.
- Time savings: By outsourcing returns management, companies can reduce the time spent processing and managing returns. This can significantly improve overall efficiency.
- Automation Technology: Outsourcing returns management can provide companies with improved automation technology. Rather than having to log in to multiple customer management portals, a single point of reference can manage the entire reverse logistics process.
- Improved customer service: Outsourcing returns management can improve customer service by providing customers with a fast and efficient returns process.
- Reduced risk: Outsourcing returns management can help reduce the risk of handling returns internally, such as product damage or lost items.
- Greater expertise: Outsourcing returns management can provide companies with access to greater expertise and knowledge about best practices for returns processing.
Cons of Outsourcing
One of the main things companies worry about when considering outsourcing their returns process is the loss of oversight and control. A genuine concern is losing touch with customers and partnering with a team that will not represent the brand well. Here are some of the drawbacks of outsourcing returns management:
- Increased Cost: Outsourcing returns management can be more expensive than managing returns in-house due to the service provider’s cost./li>
- Loss of Control: By outsourcing returns management, companies lose control over the process and can’t ensure the same level of quality as if the process was managed in-house.
- Loss of Flexibility: Outsourcing returns management can limit companies’ ability to adjust quickly to changes in returns policies or processes.
- Increased Risk: Companies that outsource returns management are at risk of entrusting sensitive customer information to an outside party, which can lead to data breaches or other security issues.
- Lack of Transparency: Companies that outsource returns management may need more visibility into the process and may be unable to track and monitor returns in real-time.
In closing, the returns management process is complicated. Whether you decide to outsource or manage returns in-house, understanding each method’s pros and cons is vital. Evaluate your business needs against the time, resources, and staff you have available to create a seamless returns management process. If your team is overwhelmed, you have received negative feedback, or you cannot restock inventory promptly, it could be time to outsource returns management to a company that specializes in it. Falcon Fulfillment is an expert in eCommerce returns management and can implement brand-specific strategies to meet your growing business needs.
Talk to our agents today if you want to learn more about how we can help you recoup as much of your returns as possible.
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How to Calculate Safety Stock for Optimal Inventory Levels
Calculate Safety Stock Levels for Efficient Inventory Levels
Inventory management is an important part of running a successful business. A key goal of inventory management is having enough stock to meet customer demand while avoiding excessive inventory buildup. Revenue lost due to stockouts from customers purchasing from competitors and the knock-on effect of reduced supply chain efficiency cannot be underestimated. To help manage your inventory levels correctly managed, it’s vital to calculate safety stock for optimal inventory levels. While common, even desirable, to run low on supply due to increased sales, it is also vitally important to calculate accurate safety stock and reorder cadence to ensure the appropriate amounts of product to keep on hand. In this post we will explore how to calculate safety stock for optimal inventory levels.
What is safety stock?
Safety stock is a buffer of inventory kept on hand as an insurance policy to protect against unexpected disruptions in supply or demand. It is essential because it ensures that the company can always fulfill customer orders, even when there are unforeseen delays in receiving goods or a sudden spike in demand. Safety stock also reduces the likelihood of stockouts, which can lead to a loss of sales and customer dissatisfaction.
Stockout Effects
Stockouts result in $984 billion worth of lost sales worldwide, with North American companies alone losing $144.9 billion, according to a study by IHL Group. In addition to preventing stockouts, having safety stock on hand can help a business stay competitive by allowing them to respond quickly to changes in the market and leverage last-minute sales promotions.
Remember that this formula doesn’t consider dramatic fluctuations in lead time or supply chain bottlenecks. Furthermore, it doesn’t account for customer demand fluctuations or seasonal changes. If you need a more accurate safety stock calculation considering these variables, please check out the following methods.
- Heizer and Render’s Formula – this method is best if you have significantly varied lead times.
- Greasley’s Formula – this method takes into account both lead time and demand fluctuations.
For an extensive deep dive into more techniques to calculate safety stock for optimal inventory levels, check out this post by ABC Supply Chain. They even offer an excel based safety stock calculator.
Safety stock is an integral part of inventory management and ensures optimal inventory levels when regularly monitored. By calculating safety stock levels for each product, you can ensure that your inventory management is effective and that customer demand is met without excessive inventory buildup. Whether you choose the basic method or a more complex formula, having adequate safety stock is good for business.
Beginner’s Guide to Third-Party Logistics (3PL)
The world of e-commerce is always changing, therefore understanding the roll of Third-Party Logistics is integral to keeping up. In light of this our beginner’s guide to third-party logistics (3PL) will delve into the essential aspects, offering insights into fulfillment services, warehousing, and much more.
Read More…
How working with a 3PL can improve safety stock management.
Working with a 3PL can help with safety stock by allowing the 3PL to manage the inventory levels and identify potential future needs. 3PLs are experts in inventory management and can ensure businesses always have the right amount of stock on hand. A quality 3PL can also help with quality control, supply chain management, and flexible storage options. Furthermore, they can provide real-time inventory tracking and reporting so businesses can monitor their safety stock levels and make adjustments as necessary.
If your business needs a partner to manage inventory, improve safety stock levels, or streamline your supply chain. Get in touch with Falcon Fulfillment. We have the experience and connections to help your business maintain the right amount of product at all times. Talk to one of our friendly agents today to find out more.
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Essential E-commerce KPIs
Essential E-commerce KPIs: What they are and how to calculate them.
In the increasingly competitive landscape of e-commerce, successful businesses aren’t leaving crucial business decisions up to chance. They are committed to tracking and evaluating key performance indicators (KPIs) to measure the progress and profitability of vital business operations. Simply put, KPIs are metrics that help measure the performance of a specific area or activity within your business. By tracking a few essential e-commerce KPIs, you can gain valuable insights into your e-commerce business’s performance and identify areas that need improvement. This post will take a closer look at the essential e-commerce KPIs and why they are important.
Customer Acquisition Cost (CAC)
The customer acquisition cost KPI measures the amount of money you need to spend to acquire a single customer. The CAC metric evaluates the total sales, marketing, and overhead costs required to gain a new buyer during a specific time period. By tracking CAC, you can gain insight into how much you spend to attract new customers. How to calculate CAC:
Average Order Value (AOV)
AOV measures the average amount of money your customers spend when purchasing from your store. You can gain insight into how your pricing and promotions impact customer spending by tracking this KPI. You can also use this KPI to identify which products are most popular and which ones are not. How to calculate AOV:
Customer Lifetime Value (CLV)
CLV measures the total amount of money a customer will spend at your store throughout their lifetime. By tracking this KPI, you can gain insight into how valuable each customer is to your business. This can help you identify opportunities to increase customer loyalty and which customers are most valuable to your business. How to calculate CLV:
Conversion Rate
The e-commerce conversion rate is a metric used to measure the percentage of visitors to an online store that makes a purchase. This is an essential metric for any online business to track as it indicates how successful their website is in turning visitors into customers. The higher the conversion rate, the more effective the website is at converting visitors into customers.
To track the e-commerce conversion rate, you will need to set up a tracking system such as Google Analytics or use a third-party service such as HotJar or Crazy Egg. These tools will allow you to see valuable data such as the number of visitors, purchases, and the overall conversion rate. By tracking the e-commerce conversion rate, you can identify potential improvement areas and optimize your website to increase your sales. How to calculate conversion rate:
Net Profit
Net profit, one of the essential e-commerce KPIs to track, consists of the amount left over after a business pays all expenses. It represents the money a business earns after deducting all costs from its total revenue. Net profit is one of the most critical metrics for a company to track, as it is the ultimate indicator of a business’s overall financial health. Businesses that track their net profits over time better understand their overall financial performance. It is calculated by subtracting the total expenses from the total revenue to get the net profit.
Cost of Goods Sold (COGS)
The Cost of Goods Sold (COGS) is the total cost of inventory a business sells over a period of time. It includes the cost of materials, labor, and overhead associated with producing goods and services. Tracking COGS is important for businesses to accurately measure the profitability of their products or services. Companies should track COGS regularly to identify areas of improvement, such as reducing production costs or optimizing inventory levels. Additionally, tracking COGS can help businesses estimate their future expenses, such as anticipating future inventory needs or calculating expected profit margins. Check out this post by Investopedia for more information about how to calculate COGS.
Shopping Cart Abandonment Rate (SCAR)
The shopping cart abandonment rate (SCAR) is the percentage of users who add items to their shopping cart but fail to complete their purchase. This happens for various reasons, including slow loading times, a complicated checkout process, or a lack of trust in the website. Tracking SCAR is vital to understand customer behavior and finding ways to increase conversions. In any case, you can measure it using analytics tools like Google Analytics or setting up conversion pixels on the checkout page.
The Shopping Cart Abandonment Rate is calculated by dividing the total number of completed purchases by the number of shopping carts created. Subtract the result from one and then multiply by 100 for the abandonment rate. Analyzing the data and understanding the reasons behind the abandonment can help businesses identify the areas that need improvement and optimize their checkout process.
Customer Engagement
Customer engagement measures how engaged customers are with your store. You can measure it through metrics such as page views, time spent on site, and social media engagement. By tracking this KPI, you can gain insight into your marketing campaigns and how effective your customer service is. Many factors contribute to calculating your customer engagement score, so you’ll need to experiment a bit. Read this Salesforce post to get started.
How working with a 3PL can improve essential e-commerce KPIs
Working with a quality 3PL logistics company can improve several essential e-commerce KPIs. Specifically, a 3PL helps drive down margins, improving overall profits. While this directly affects net profit, it indirectly affects customer lifetime value, engagement, and cost of goods sold. Thus, working with a 3PL can lower your transportation costs, improve customer satisfaction, and gain time to focus on your business’s core competencies. There are many benefits associated with working with a 3PL.
Summing up, it is vital to track a few essential e-commerce KPIs. Regardless of the KPIs you use, monitoring and reviewing the data helps you gain valuable insights into how your e-commerce business is performing. This allows you to make informed decisions about optimizing your business for success. Talk to one of our agents today to learn more about how Falcon Fulfillment can improve your essential KPIs.
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Inventory Management - Expectation vs. Reality
Inventory Management – Expectation vs. Reality
Inventory management is an essential part of running a successful business. Streamlining inventory management processes can boost profitability and improve efficiency. But, it is often easy to have unrealistic expectations about what inventory management can do for you. Here, we will explore the differences between expectation and reality regarding inventory management.
Expectation: With inventory management, you can easily track and manage all your inventory in one place.
Reality:
While it is true that inventory management can make it easier to keep track of your inventory, it is not as easy as it sounds. For accurate tracking to be possible, it is necessary to organize your warehouse effectively. Furthermore, adding images to similar products is helpful in reducing inventory levels and order errors. Additionally, tracking systems must be integrated and updated in real-time if your business utilizes multiple distribution centers. Selecting the type of inventory management system will also determine how easy it will be to track and manage. There is no question that an inventory management system will help streamline the process and improve inventory efficiency. That being said, gaining clear visibility into your inventory requires a lot of organization and attention to detail.
Expectation: Inventory management will make it easier to keep your costs down.
Reality:
Inventory management can help you keep your costs down, but it is not a magic solution. You will still need to be aware of market trends and purchase items at the right time to get the best prices. Furthermore, you will need to be able to forecast your future needs and keep a close eye on your inventory levels. Here are some additional considerations when managing inventory that will help you keep costs low.
- Strengthen Supplier Relationships: Ensuring open and consistent communication with suppliers will improve efficiencies, speed up product deliveries, and reduce warehousing requirements.
- Conduct Regular FSN Audits: Fast-moving, slow-moving, non-moving? Determining which products are performing well will allow you to liquidate slow or non-moving products and promote fast-moving items.
- Diversify Suppliers: By working with several suppliers, you can ensure adequate product levels and encourage healthy competition from your vendors.
Expectation: Inventory management will save you time.
Reality:
Inventory management helps you save time, but it requires proper setup to reap the most benefit. Initially, setting up a new inventory management process takes a significant amount of time. Here are just a few of the tasks required to launch a time-saving inventory management process effectively:
- Each product SKU must be added to the inventory management system.
- Link all inventory systems with all sales channels.
- Test product levels and sales tracking accuracy.
- Ensure product labels, bar codes, and delivery tracking are functioning correctly.
- Set a cycle count schedule (including physical inventory counts).
- Set reorder thresholds for optimal stock levels.
- Automate as much of the process as possible.
You will still need to spend time tracking and managing your inventory. If you are not careful, you could end up sacrificing more time trying to manage your inventory than you would have if you hadn’t implemented inventory management in the first place. Once an inventory management system is in place and adequately tested, it will save you time and money. But, it can take some trial and error to optimize the process.
Expectation: Inventory management makes it easy to identify potential problems.
Reality:
Inventory management can help you identify potential problems, but it is not a crystal ball. Systems will only show you what they have been programmed to track. You will still need to regularly review inventory levels and be able to identify any issues that could arise. These include watching purchasing trends to mitigate overstocking due to lower demand.
Another common problem would be running out of products because purchase thresholds were too low for manufacturer timelines. These nuances require trial and error or an individual who can analyze the data effectively to avoid inefficiencies or mistakes. Additionally, some problems with inventory management have less to do with the processes and systems and more to do with market fluctuations. Another way to save time, money, and the headaches of inventory management is to outsource it to a 3PL.
Beginner’s Guide to Third-Party Logistics (3PL)
The world of e-commerce is always changing, understanding the roll of Third-Party Logistics is integral to keeping up. This beginner’s guide to third-party logistics (3PL) will delve into the essential aspects, offering insights into fulfillment services, warehousing, and much more.
Read More…
Inventory management can be a powerful tool for any business, but it is important to have realistic expectations about what it can do for you. With the right processes in place, inventory management can help you keep your costs down, save time, and identify potential problems. Align your inventory management expectations with reality for a winning solution.
If you have outgrown your inventory management process or feel overwhelmed by it, let Falcon Fulfillment help. We have been successfully partnering with business owners for years; talk to one of our agents today.
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Dropshipping vs 3PL: Which is the Best Option?
Which is the Best Option? Dropshipping or 3PL
The fulfillment world has many options. E-commerce owners everywhere are asking themselves the same question: “What order fulfillment would work best for me?” We’re here to guide you through the pros and cons of dropshipping vs 3PL partners.
Dropshipping and third-party logistic (3PL) providers may seem to provide similar services, but they are fundamentally different. Learn how the differences between these two fulfillment services and decide which option would benefit your business the most.
What is Dropshipping?
Dropshipping is a method of fulfillment commonly used by small companies and startups because of its low capital needs upfront. The low-cost start is enticing to new businesses because they are not responsible for stock or inventory and can be charged on a per-product basis. Dropshipping allows a seller to purchase the product directly from a third-party supplier (typically a wholesaler or manufacturer) and have it made and shipped directly to the customer.
Throughout the process, the seller does not have to physically handle any items, nor do they have to worry about fulfillment, inventory, shipping, or other similar issues. It is commonly used by startup businesses due to its minimal risk, but it is often moved away from after a company scales due to reduced profit margins and lack of control.
Are you looking to grow your e-commerce? Learn how to scale past dropshipping.
What is a 3PL?
The terms fulfillment services and third-party logistics (3PL) are commonly used interchangeably. Larger businesses that sell higher quantities of products typically utilize a 3PL. These partners essentially manage the entire fulfillment process of their partnered brand. They receive items from manufacturers, store inventory, pick and package orders, kit bundled products, manage customer service, and have essential customization options. Some of the major reasons why businesses pick a 3PL are higher profit margins and better flexibility and control.
Dropshipping vs 3PL: The Differences
Customer Service
Dropshipping
Dropshipping allows you to buy the products that your consumers have ordered from you in real-time. This eliminates your need to keep inventory on hand and makes it easy to fulfill orders.
However, you are paying another organization to supply the product, fulfill the order, and deliver it to your customer. Customer support is something that dropshippers do not provide and is left up to the individual business.
This means that whatever questions, comments, or concerns your customers have, will fall on your shoulders. Whether it’s about a return policy or an error you didn’t cause, it’s up to you to figure out.
Third-Party Logistics
Order fulfillment is a seamless process when working with a third-party logistics provider. Instead of providing you with an item, boxing it up, and sending it out to your client, these components are slightly altered.
A third-party logistics provider (or 3PL) is often not engaged in manufacturing an item or product. It’s the seller’s obligation to take care of this.
After providing the necessary inventory to a 3PL partner, the 3PL will then take care of the fulfillment process. The whole fulfillment process will require no help on your part aside from providing packaging preferences. They store and ship items to your customer in addition to taking care of many return and customer support requirements.
When you connect with a 3PL, you form a partnership with someone who will oversee and manage your entire fulfillment process from beginning to end. All that is left for you to do is what you do best: create amazing products and translate your passion for them through stellar marketing.
“86% of shippers said the use of 3PL’s has contributed to improved customer service.”
Upfront Payment
Dropshipping
Again, getting started with dropshipping does not require a large investment. Costs are minimal in the beginning to make an account, list your products, and start selling.
This is because money is only exchanged 1). when a customer orders from you 2). when you purchase the ordered items from your dropshipping provider.
This can be done using automatic notifications with some dropshipping supplier, which can manage your money, products, and orders with little to no help on your part.
Third-Party Logistics
Businesses that choose to work with a 3PL partner are those that want to invest in their business. While the upfront payment may be larger, investing in a 3PL can be the smartest choice for a scaling e-commerce business.
Going from self-fulfillment to outsourced fulfillment will ease up time and talent from your team and allow it to shine again in areas that help your business grow. A 3PL partner’s main purpose is to take the entire fulfillment process of a company and do it for them and do it even better.
Fulfillment is such a big process that requires years of expertise to truly succeed at.
“Dropshipping is the entry point for a lot of people to business, e-commerce, and entrepreneurship. It’s the perfect first business.”
Lachlan Delchau-Jones
Scalability
Dropshipping
Scalability is an important aspect when owning a business. Why? Because you want your business to grow, and with growth, comes the need for more space and more hands.
When a seller is dropshipping and their product takes off, it’s hard for a dropshipping provider to scale with said company. This is because a dropshipping supplier only has so much of their own inventory in stock, and they do not work with individual businesses and their own inventory needs. If your provider runs out, so do you.
Third-Party Logistics
Many people look to a 3PL as a viable option for their business because of a 3PL’s ability to scale. 3PL’s have large inventory spaces, facilities, and staff.
All were created in the hopes their clients would scale and require a need for more inventory space as they grow. So, if your business is likely to scale, or if it already has, a 3PL might be a better option to give your company the potential to succeed.
Geography
Dropshipping
When you work with dropshipping providers, you run the risk of geographic scarcity. By this, we mean that dropshipping suppliers often have a single place of operation, where they manufacture and ship orders out around the world.
While this might seem fine, it can actually cause increased delays in fulfillment and shipping time, delivery errors, and shipping prices. If your brand sells internationally or to multiple locations throughout the country, dropshipping might be a slower and more expensive approach.
Third-Party Logistics
By contrast, 3PL’s often have various locations spread throughout the country and sometimes throughout the world. This means that wherever your customers are, they will always find a facility close by. Resulting in faster delivery, cheaper shipping prices, and happier customers.
If you’re selling to a wide range of buyers across the world, a 3PL with multiple locations may be a wise choice.
Bulk
Dropshipping
Lastly, sellers who decide to dropship will quickly notice that the products or items they choose to sell are marked at a lower price than what they’d find personally. This is because the dropshipping provider offers a “wholesale” discount on the items you purchase, to allow you to make a profit while also using their services.
This is great when you have small amounts of items to fulfill and you’re expecting to make a 40-60% profit. After all, those numbers eventually add up, right?
Third-Party Logistics
The difference in buying wholesale through a 3PL is that the more inventory you buy, the bigger wholesale price you’ll have. If you’re fulfilling thousands of orders, it makes sense to buy thousands of items at a cheaper rate.
If you’re dropshipping, wholesale discounts do not increase and the profit would eventually be close to nothing if you were fulfilling a large number of orders.
“91% of 3PL users report their relationships are successful and their work has positive results.”
Dropshipping vs 3PL: Limitations and Benefits
Limitations of Dropshipping
- Cannot scale.
- Often only has one “main” location.
- Sellers cannot purchase items in bulk.
- Sellers cannot forecast holiday availability or shipping times.
- Shipping can be slower and more expensive.
- High competition.
Limitations of 3PL
- Inventory is limited to what you have on hand.
- Seller is responsible for delivering inventory to a 3PL facility.
- Upfront inventment.
Benefits of Dropshipping
- Low or no-cost investment.
- No inventory management.
- Zero need for a physical store.
- Sell one, or ten, no order minimum.
Benefits of 3PL
- Access to experts and experienced partners.
- Ability to focus on other things (simplified internal logistics).
- Scalability.
- Cheaper shipping.
- Faster shipping.
- Houses and manages inventory.
- Multiple locations.
“75% of shippers said the use of 3PL servicess has contributed to overall logistics cost reductions”
Dropshipping Vs 3PL: Which One Do You Need?
Are you considering which one is the best fit for your business? It can be a little confusing when deciding where the line falls between dropshipping vs 3PL partners.
However, the answer is simple. If you are a start-up business testing out products, casually selling, locally selling, or selling in quantities of less than 200 a month, dropshipping is the better option for you!
Beginner’s Guide to Third-Party Logistics (3PL)
The world of e-commerce is always changing, therefore understanding the roll of Third-Party Logistics is integral to keeping up. In light of this our beginner’s guide to third-party logistics (3PL) will delve into the essential aspects, offering insights into fulfillment services, warehousing, and much more.
Read More…
Need a 3PL Partner?
Are you currently dropshipping or independently selling a minimum of 200 orders a month or more? A 3PL might be a better option now that you’re gaining speed. With various 3PL’s out there, all of them have different requirements, qualifications, and much more.
Let Falcon Fulfillment be the one to guide you through the 3PL world and help you decide whether working with a 3PL partner is the best thing for your company.
Let’s Talk!
Eco-friendly Packaging: Best Practices for Ecommerce Brands
Eco Expectations
Today, we see a growing rise in the popularity of eco-friendly packaging and eco-friendly fulfillment practices thanks to the growth of waste awareness. Pollution has become a significant problem with the rise of fast convenience and online shopping. That’s why it’s important to consider how your company is contributing to the growing need for eco-friendly practices. Today, we’ll talk about how your company can satisfy your customers’ increasing desire to reduce carbon footprints through the use of eco-friendly packaging.
“In 2021, 84% of consumers expected their products to be easily recyclable and produced with recycled material”
According to The Recycling Partnership and SWNS
Why You Should Switch to Eco-friendly Packaging
Aside from meeting the rising demands of your consumers, the planet needs as much help as it can get. When it comes to lowering your carbon footprint, it’s important for companies to enable and encourage their consumers to do the same. By transitioning to an eco-friendly packaging process, not only will you meet the growing demands of your buyers, but you will also make a considerable impact in protecting the environment.
Customer Standards
Firstly, let’s talk about how customer expectations are shifting.
Standards rise year after year as businesses around the world begin to offer eco-friendly packaging and simplified ways of helping the environment.
According to the 2020 Global Buying Green Report, 67% of consumers now consider themselves to be environmentally conscious.
59% said they are less likely to purchase a product that comes in unsustainable packaging.
That’s why it’s important to keep up with ever-growing standards and listen to the expectations of your buyers.
“Sustainability-marketed products grow 5.6x faster than conventionally marketed products.”
According to The NYU Stern School of Business
Better for the Earth
Secondly, eco-friendly packaging is better for the environment, and that’s just a fact. By using eco-friendly packaging materials such as paper, cardboard, bioplastic, and corrugated bubble wrap, you can offer a greener buying experience. You can also include instructions to reuse or dispose of eco-friendly packaging correctly. This will result in your brand’s carbon footprint being reduced, as well as each and every one of your customers’. Consider the potential impact that a single corporation could have by transitioning as few as 100 customers to a more eco-friendly fulfillment process. Multiply that by 10, 20, and so on. Each brand could have an enormous impact on the planet by one simple transition.
Better for Customers
By choosing eco-friendly packaging for your e-commerce brand you will decrease the amount of extra packaging delivered to your customers. By doing so, you will minimize waste on your clients’ side while also giving them the sense that they are contributing to something positive. You can also educate customers on how to reuse their packaging to eliminate waste and amplify the enjoyment of your brand.
Brand reputation
Implementing an eco-friendly packaging method will exceed your consumers’ expectations and, as a result, improve the image of your company. Eco-friendly companies come across as more appealing to customers, and the appeal is steadily growing. When you offer your consumers a low-waste, environmentally friendly buyer experience, they will reward you with better referral ratings and increased word-of-mouth exposure for your brand.
“Brands that move to sustainable and recyclable packaging gain access to a larger group of consumers who aren’t even considering their products today.”
According to the 2020 Global Buying Report
Save Space & Money
Conserving resources will help you save money and free up inventory storage space. All packaging should be kept to a bare minimum as part of an effort to reduce environmental impact. You can conserve space by downsizing packages and lowering the quantity of material you use. This will ultimately reduce the amount of storage space needed to maintain fulfillment supplies on hand. Additionally, as a benefit of decreased shipment weights, you may be able to save money on shipping expenses.
Government Incentives
Lastly, we’ll talk about the possible incentives you might have by going green. Today’s government recognizes the importance of environmentally friendly activities among consumers and companies. As a result, if you switch to a more eco-friendly packaging method, you may be rewarded with government incentives in an attempt to encourage companies that go green. Tax credits, subsidy advantages, and grants are examples of potential incentives.
How you can switch to Eco-friendly Packaging
When contemplating your transition to eco-friendly fulfillment, it may seem to be a daunting task at first. However, be assured that it’s simpler than you think.
- Start by switching to the eco-friendly alternatives of the materials you currently use.
- Reduce the size and space inside of your packaging.
- Find resources like ours for tips on making your consumers’ eco-friendly buying experience even more unique.
Transition to Recyclable & Biodegradable Materials
It’s important to take into consideration all of the resources you’ll need to execute a purchase transaction. Recognize that there are environment-friendly alternatives to each of the things you now use and that some may even be less expensive than current packaging. By contacting eco-friendly packaging wholesalers or your fulfillment provider, you can learn more about a variety of environmentally friendly packaging alternatives.
Transition to Recyclable & Biodegradable Materials
It’s important to take into consideration all of the resources you’ll need to execute a purchase transaction. Recognize that there are environment-friendly alternatives to each of the things you now use and that some may even be less expensive than current packaging. By contacting eco-friendly packaging wholesalers or your fulfillment provider, you can learn more about a variety of environmentally friendly packaging alternatives.
Decrease Package Size
Decrease the size of your packages to the absolute bare minimum. Ideally, you should choose the smallest box that will adequately hold your item in place. By eliminating unused space, you make it possible to utilize fewer resources, thus lowering possible waste.
Beginner’s Guide to Third-Party Logistics (3PL)
The world of e-commerce is always changing, therefore understanding the roll of Third-Party Logistics is integral to keeping up. In light of this our beginner’s guide to third-party logistics (3PL) will delve into the essential aspects, offering insights into fulfillment services, warehousing, and much more.
Read More…
Utilizing Falcon Fulfillment for Eco-friendly Packaging and More
It has never been simpler to make the switch to environmentally friendly order fulfillment. By partnering with Falcon Fulfillment, you gain access to environmentally friendly packaging materials that can be used to minimize your brand’s carbon impact.
Set aside the time spent contacting wholesalers, determining what supplies you need, and determining the most cost-effective solution – we’ll arrange it all for you.
Let’s Talk!
The Secret Tool of Successful E-commerce Brands: An Introduction to Third-Party Logistics and Its Influence on E-commerce
The Growth Rate of E-commerce
In today’s age of digital shopping and third-party logistics, e-commerce businesses are growing at an exponential rate. With this new technological surge of mass online purchases, it’s almost a bad idea not to get involved and take advantage of the new age of D2C transactions.
In this article, you’ll learn the number one secret to succeeding as an e-commerce brand in a saturating, cybernated environment.
First, it’s important to understand why e-commerce revenue has grown 30% over the last 10 years, and a whopping 43% in the single year of 2020. E-commerce has been around since the late 1960s and has evolved from small information exchanges to globally renowned brands like Amazon, eBay, Etsy, and many more. With the rise of these popular companies, small businesses have harnessed the benefits of e-commerce.
Today, it’s abnormal for a company, business, or brand to not have a website that allows you to purchase their items or services digitally.
“63% of consumers go online when buying locally. 46% say they don’t trust a business without a website.”
– According to the Local Search Association and a survey conducted by Weebly.
Timeline of E-commerce
As you can see in the condensed graph above, the e-commerce industry steadily grew in popularity after its initial introduction in the late 1960s; however, you’ll notice that between 1995 and 2020, e-commerce took the entire world by storm.
During the global takeover of COVID-19 and the (what felt like) endless days of quarantine, digital transactions produced over $82.5 billion dollars in a single year.
By contrast, e-commerce in 2019 produced only $360 million. This was a 77% increase in one year of e-commerce growth which was previously assumed to take a gradual 4 to 10 years.
This was an unexpected milestone for the e-commerce industry, and brands and businesses alike should assume that e-commerce will become the number one leading industry for retail sales.
In 2020, e-commerce businesses were met with a demand never before seen. As the pandemic spread, seemingly overnight companies were forced to shift 100% online.
Those who did not have an online ordering infrastructure already in place had to scramble for solutions to stay in business.
After such sudden growth, it’s no surprise that order fulfillment demands skyrocketed for e-commerce companies. This begs the question, what was the constant factor that brought success to e-commerce businesses during this surge in online ordering?
Their secret was simple: they outsourced fulfillment to a third-party logistics partner. Let’s take a closer look at what goes into a seamless and lucrative order fulfillment process.
Fulfillment: Joys, Risks, and Fears
“The top factor in successful e-commerce brands is simple: fulfillment.”
The fulfillment process is meant to be the fun part.
You’ve got your finalized product, polished and ready to ship, neatly packed in custom branded packaging to give your buyer a tailored experience. This is the last step before completing the circle and creating a happy, returning customer.
For start-ups, small businesses, and other brands alike, it’s exciting to receive your first few orders and personally send them off.
You get the satisfaction of making sure each one is filled with love and its own personal pazazz. However, as your business grows, 5 orders soon turn to 100, 100 to 5,000.
A single person or a small team can only spread themselves so thin before the quality of the product that makes your brand unique is too saturated from the lack of care and personalization that each order requires. Throughout your business’s journey you will eventually encounter the non-negotiable processes of fulfillment.
The Solution
Now, it’s always an option to personally handle the picking, packing, and shipping in-house by yourself or by your designated staff. However, managing all 7 stages of the fulfillment process (receiving, inventory, storage, order picking, order packing, shipping, delivery, and returns), as well as maintaining quality and giving equal amounts of attention to the other aspects of your business may result in a subpar experience and product.
It’s important to partner your brand with a carefully selected team of professionals designated specifically for your fulfillment process.
By working alongside a reputable third-party logistic partner, you’re able to shift the extra stress of fulfillment (which is a separate job in and of its own) to experts trained in the art of transferring your product with quality in mind. From the manufacturer all the way to your customers, a 3PL has your back.
How Partnering with Third-Party Logistics Companies has Impacted the E-Commerce Industry
Since the 1980s (less than 40 years ago), the fulfillment operations for companies throughout the world have been extremely diverse. Over the years, industries emerged to give businesses an extra hand in reaching as many consumers as possible with the highest quality retained.
However, none of these industries have proven to be more successful than the introduction of third-party logistics.
With the integration of e-commerce platforms, the opportunity arose to work with local and foreign 3PL providers that offered unique solutions to the ongoing challenges that companies face when connecting their products to consumers worldwide.
Once introduced, e-commerce fulfillment partnerships have simply improved, now offering designated fulfillment services integrated with leading and robust technology platforms to guarantee a streamlined experience for companies and consumers.
“As of 2013, 86% of domestic Fortune 500 companies use 3PLs for logistics and supply chain functions.”
– According to an Armstrong & Associates report.
Today, e-commerce brands all over the world are using reputable 3PLs to their advantage. Outsourcing e-commerce fulfillment is the industry secret that’s taking the globe by storm, from small businesses to Fortune 500 organizations. With the adoption of 3PLs into e-commerce, many brands experience improved volumes of operational efficiency and seller profitability.
Additionally, third-party logistic providers assist in reducing the overall cost of shipping and delivery time, better order accuracy, and ensure a positive consumer experience. Since its inception in the 1990s, 3PLs have taken the challenges of fulfillment and developed an industry of their own, guaranteeing business owners worldwide that their fulfillment procedures will be managed by experienced teams.
The Future of E-commerce and Third-Party Logistics Partnerships
E-commerce popularity has more than doubled since 2019 and is expected to grow further in 2022. Online shopping demand increases the need for fast shipping, sustainable packaging, and personalized orders. This trend requires quality fulfillment services for e-commerce brands globally. Without expert backend fulfillment, brand growth remains limited by your personal capabilities. Partnering with a third-party logistics provider gives your brand freedom to expand. This collaboration allows you to focus on creating, defining, and controlling your business aspects.
The Benefits of Using a 3PL for Your Business
Healthy Profit Margins
By aligning your business with the right third-party logistics fulfillment partnership, you gain the benefit of alleviating the stress of unhealthy profit margins. This decision can save you money on product transportation, warehousing, staffing, shipping, and inventory.
When you partner with an e-commerce fulfillment provider, your cost margin will be considerably lowered, allowing you to realize savings inflation and the financial freedom to reinvest in your company through marketing and product development.
Time Management and Prioritization
Delegating work to a specialized fulfillment team frees up your time for important tasks. Many business owners struggle with operational aspects of their company. Your expertise lies in brand management, not warehouse operations and order packing. 3PLs like Falcon Fulfillment handle fulfillment so you can focus on your business’s front end. This arrangement allows you to concentrate on core business activities without worrying about order processing.
Inventory Freedom
Above all else, inventory is the biggest benefit you’ll receive when working with a reputable 3PL. Shipping, packaging, and returns are straightforward. Limited inventory space can hinder your profit growth potential. Working with a 3PL eliminates inventory concerns, as they manage storage for you. A reputable 3PL partner enables easy brand growth and sales increases. They scale their services alongside your business, supporting your expansion.
Customization and Quality Assurance
Working with a third-party logistics provider ensures quick fulfillment and backend satisfaction. To have the best scalable possibilities for your company, find one that provides customization options to tailor your fulfillment process.
Collaborate with your 3PL partner to incorporate branded shipment packaging, custom promotional inserts, flexible shipping options, and even environmentally friendly packaging.
There’s a 3PL for everything, and one designed particularly for you and your business.
Beginner’s Guide to Third-Party Logistics (3PL)
The world of e-commerce is always changing, therefore understanding the roll of Third-Party Logistics is integral to keeping up. In light of this our beginner’s guide to third-party logistics (3PL) will delve into the essential aspects, offering insights into fulfillment services, warehousing, and much more.
Read More…
Harness the Power of a 3PL Partner
You will, without a doubt, come face to face with fulfillment sooner rather than later in your business journey. Although it can be a tough process to tackle, it is critical to understand your options as an expanding business. 3PLs and e-commerce have permanently altered the way individuals do business. The combination of e-commerce with a modern third-party logistics provider enables you to future-proof your business. Be ready for whatever the next technological wave of brand success and consumer demands bring.
To learn more about how Falcon Fulfillment can help you scale your business with better fulfillment, click the button below.
Let’s Talk!