Reduce Costs and Increase Customer Satisfaction with Fulfillment Solutions
In today’s fiercely competitive business environment, enterprises need to focus on their core competencies to maximize profits. For product manufacturers, their entire focus must be on manufacturing products of excellent quality. However, the reality of the situation is that most enterprises spend a considerable amount of their valuable time on retail packaging, warehousing, inventory management,order fulfillment, shipping so on and so forth. This eats up their valuable time, which in turn affects their business profits. So what is the solution? The best possible solution is to entrust the last mile fulfillment challenges to an experienced partner. The term fulfillment stands for the “process of taking an order and executing it by making it ready for delivery to its intended customer. It may involve warehouse pickup, packaging, labeling, etc.” Some service providers offer all the services while some offer these services separately. It is upon the enterprises to make the decision based on their specific business needs. Let’s look at some of the services offered by the fulfillment companies. * Warehousing The fulfillment company takes all the steps required to store the item or product until an order comes in. This includes refrigerating items that are perishable at room temperature and air conditioning or heating items that are temperature sensitive. In short, it ensures that all storage and handling requirements are met. * Inventory Management It maintains and publishes inventory counts as goods are shipped. * Pick and Pack Services Once an order for a product comes in, the fulfillment company takes care of everything from picking the ordered item from the warehouse to packaging the product according to its type. * Shipping The fulfillment company ships the packaged product to its rightful owner. The following are some of the fulfillment solutions offered by a leading fulfillment service provider: * Fulfillment, Warehouse, and Distribution Solutions * Retail/OEM/Wholesale Packaging (hardware and software pack out: retail box, RF sealing clamshell packaging, blister pack, shrink wrap etc.) * Retail fulfillment solutions * Customization: Custom kitting, Promotional solutions, Serial number capture etc. * POP (point of purchase) display manufacturing * Order Management * Inventory Control, Lot Control * Distribution -- Direct to Store or Distribution Center * Online Visibility, Inquiry and Reporting Thus, collaborating with fulfillment service providers can help manufacturers to focus on their core competencies as the fulfillment companies would take care of activities such as warehousing, receiving the orders, packaging, and then shipping the ordered item or product to the end consumer. Other Links - Rack and stack