How Technology is Changing the Logistics Industry
The logistics industry has been the subject of many challenges in recent years. With rising expectations and changing industry landscape, most logistics companies are looking for ways to address these changes and challenges. It’s fair to say that the rapid advancements in modern technology play a central role in the changing industry landscape.
Although some technological advancements can disrupt the industry processes, technology can mostly be used to leverage the power of automation, optimization of work processes, and artificial intelligence. Many industrial processes such as safety, transportation, data handling, and delivery have been optimized using technology. (more…)
- Published in logistics
3 Logistics Trends to Expect in 2022
The COVID-19 pandemic created a great imbalance between the demand and supply of goods, compromising the global supply chains. In recent years, the production of goods slowed down due to the closure of factories and industries, which created a gap in the market. Global production decelerated, affecting businesses and consumers.
Now that things have returned to a new normal, the demand for products is as high as ever. Every year, especially post the pandemic, the global supply chain and logistics industry undergo significant changes. According to research, more than half of all global retailers are embracing digital transformation in the aftermath of the pandemic.
If anything, the last two years have been great proof that industries need to adopt new methods and embrace change. This is the only way they can keep up. As the world continues to move forward, reeling in the after-effects of the pandemic, it’s important to stay ahead of the technologies and innovations that will shape the future of the logistics industry. (more…)
- Published in logistics
E-commerce Packaging: 3 Ideas to Delight Your Customers
As an e-commerce business owner, you have one goal: to wow your customers and grab their attention. Customers are hard to please, especially when you are an online store and the sales tactics you can use are limited. But one way you can please and engage customers is through your packaging.
As an online store, the only tangible contact customers will have with your business is the product itself. So, why not leverage the power of product packaging? For this, innovation is key. You need to think out of the box and create packaging that will educate, inspire, and engage your customers. You must use your packaging to differentiate your products from others present in the market. (more…)
- Published in Order fulfillment
E-commerce Logistics: 5 things Start-ups Should Know
For every e-commerce start-up, logistics is the key to success. Once your start-up has developed from an idea into an operational business with real customers and substantial revenue, you have defied all the odds.
However, spending too much on logistics and shipping can spell the downfall of your start-up business. Regardless of your products, your business must work hard to outgrow your current logistics crises.
As a start-up, you can incorporate the best practices from the start and streamline your logistics processes sooner rather than later. Whether it’s the inventory or transportation, each aspect of the logistics management must be handled carefully.
This blog will highlight some of the most important things start-ups should know about e-commerce logistics.
Planning is Crucial to Success
If you were a traditional company, you would manage your inventory planning by looking at past data and records. But as a start-up, you have no such data available. So, you should examine the website traffic and social media sharing.
All your marketing efforts on social media may prompt a spike in demand for your products. Also, you must monitor seasonal trends and changes that can shift demand. All you need to do is anticipate demands and plan your inventory accordingly.
Strive to Enhance Visibility
With the evolving needs of your growing e-commerce businesses, it may become difficult to see things holistically. This may lead to miscommunication and performance disruption.
You should be in sync with your logistics to ensure operational discipline and develop better systems.
Free Shipping is a Must
Free shipping plays an integral role in shaping customer buying decisions. Free and fast shipping is one of the most requested features online shoppers want from e-commerce retailers.
Businesses must ensure that the shipping is disciplined, fast, and costs as low as possible. Moreover, marketing strategies like minimum order sizes or other promotional offers may attract customers looking for free shipping options.
Last Mile
The last mile service takes up almost 28 percent of all shipping costs. Last-mile refers to the final delivery step to the customers.
Customers may evaluate your entire logistics process based on this last step. So, the last-mile service provider must ensure customer satisfaction.
Handling Returns
Return policies are as important as delivery terms and conditions. They help customers shop with confidence and enhance the customer experience.
However, it’s important to keep your returns, and new inventory separate as assigned employees take care of the returns.
Let Us Help You on Your Start-Up Journey
If you’re a start-up wondering where to find the right third-party logistics provider, let us at 3PLWOW help you out.
We’re the perfect e-commerce fulfilment provider with extensive knowledge, experience, and tools to provide you and your business with highly accessible, reliable, and top-notch third-party logistics at all times.
By choosing us as your order fulfilment company, you can benefit from a wide range of services, including warehousing, shipping, pick and pack solutions, third-party logistics, and more. Check out our services here, or contact us to request a quote today!
- Published in e-commerce