Risk analysis is essential for large and complex DTC fulfillment projects including the above as well as moving to or from third-party fulfillment operations. As a result, most large projects are not delivered on time or within budget. Understanding risk and the likelihood of negative outcomes will help reduce costs and improve on-time implementation.
In this ecommerce world of point, click and deliver, are you accurately monitoring DTC operations metrics to help you meet high expectations from both customers and management? Check out these fulfillment and customer service KPIs from six different direct-to-customer merchants and see how your operations stack up.
Among the strategies that will make you more competitive, increase sales and improve customer service, better inventory management, including planning and forecasting, should be at the top of the list. To help you get a better handle on inventory management, tracking these key performance indicators (KPIs) will help you assess your performance.
As Amazon’s multi-fulfillment-center strategy continues to put pressure on multichannel merchants, having an effective inventory management strategy to maximize sales, profits and customer service becomes that much more crucial. Here are 10 points to consider as you develop and refine your inventory strategy.