E-commerce has become very common in recent years, and this makes the competitive environment more challenging. Consumers increasingly expect faster and more convenient delivery. This is where Fulfillment companies come in because it’s the only way to be extremely fast in inventory control, packaging, and shipping.
Fulfillment companies now play a very influential role when it comes to e-commerce. Are you wondering why?
Keep Up With The Speed Of Increasing Sales!
Thanks to social media and e-commerce platforms, sellers can get more sales than they can imagine. We often see that some companies become very popular overnight. It is undeniable that when there is an unexpected increase in sales, vendors have problems with storage and shipping.
If you have trouble storing, packing, and shipping more orders than you expect with a small team, you will quickly lose your customers. It would be wise to rely on 3PL software to avoid such a problem.
Do not Let Your Stock Run Out!
While you used to take only one order, now you can receive ten different orders. Imagine these orders come from 10 different places! You have to store a large number of products at the same time. If you cannot do this, you may lose any future orders.
The IHL Group has done extensive research on this topic and has achieved some results. Many retailers have problems with storage when they switch to online commerce. Storage fees reach $ 1 trillion for a firm with an average order.
The IHL group also states that customers face the problem of out of stock for every three products. It makes perfect sense to work with fulfillment companies to minimize these problems. You should be able to sell regardless of the order and delivery channel’s location, and the way to do this is to work with a 3PL firm.
You Can Grow With International Sales!
You no longer have to make your sales only to customers around you. People have started shopping around the world, and these numbers are increasing. You can use many different platforms to sell internationally, but there is something you need to know; customers always expect fast delivery.
With 3PL, you can make much faster deliveries and keep your customers happy, but sometimes that is not enough. You may need some digital tools because transportation costs, duties, and taxes must be minimal when trading internationally.
As Technology Improves, Systems Get Better!
You may be looking at Fulfillment systems as a waste of time and too expensive. This is not the case anymore, because thanks to advancing technologies, we know customers better, manage stocks better and use the best software.
Your Need For Augmented Reality May Increase!
Fast delivery is essential for e-commerce, but there are other things to consider. Storage plays a vital role in e-commerce, so you need to improve your storage system constantly. Therefore, large companies use augmented reality (AR) because it speeds up the storage process and makes it more accessible.
You can think of wearable technologies as an example of Augmented reality. With a bright pair of glasses, the staff places products in more proper order and quickly. As a result of MHI research, it has been determined that 70% of warehouses will use wearable technology.
