During evaluation of multichannel warehouse operations, the efficiency of storing and moving goods typically drops when between 80% and 85% of available space is being used. With new fulfillment center locations at a premium and costs rising, here are 15 ways you can improve space utilization in your ecommerce facility.
Many retailers and brands are in survival mode when it comes to ecommerce fulfillment, looking for ways to handle record online order volume and maintain brand integrity while navigating supply chain challenges, an ongoing labor shortage and rising costs. To survive and thrive in 2022, here are three core strategies that can help.
Inventory is the largest balance sheet asset in most companies. Optimizing it has a huge impact on profitability and customer service. Here are 6 key metrics every ecommerce company should measure, how to calculate each and how a partnership between fulfillment and merchandising will benefit profitability and efficiency.
This holiday season retailers will not only have to contend with decreased carrier capacity due to the pandemic but also the anticipated influx of mail-in election ballots – all of which could result in a “super peak” holiday nightmare for retailers. Now is the time to implement strategies to ensure they can keep up with demand.
Solution essential to COVID-19 business recovery enables companies in all categories to optimize slow-moving or excess inventory, reduce operating expenses, and increase margin recovery NEW YORK, Sept. 15, 2020 –INTURN, … Continue Reading →
Third-party sellers sold on average more than 6,500 products per minute on Amazon Marketplace in the past year, with over 450,000 sellers utilizing Fulfilled By Amazon (FBA). In recent months, however, FBA has been placing restrictions due to pandemic volumes. One option is using Merchant Fulfilled Network (MFN); here’s how it works.
In developing an ecommerce fulfillment center move plan, it is helpful to understand some common problems other multichannel companies have encountered, including lack of a sufficiently detailed planning and budgeting process and inventory inaccuracy before and after. Following these 10 steps will help make your move a success.
Inventory management is a strategic ecommerce issue that affects profitability and customer service. Additionally, many fulfillment centers have overstock inventory tying up valuable space. Here is a primer on liquidation strategies and ways to reduce overstock levels, freeing up valuable space and flowing dollars to the bottom line.
Widespread implementation of Industry 4.0 might be down the road, but the elements that underpin the concept are slowly being introduced to logistics and warehouse operations worldwide. The question is: What does this concept mean for me, and how can I prepare for this new industrial revolution? Here’s what you need to know.
Order picking is one of the most important functions in the ecommerce fulfillment center. The customer experience can be a good or bad one based on accuracy and timeliness. Assess your operations to determine how and at what cost changes can be made to processes, technology and automation.