The largest two-story fulfillment center in the country will be under construction later this year in the Bronx, NY, with a planned 2021 opening, enabling ecommerce tenants to service the New York metro market with same-day delivery. It will total 969,000 square feet, including 595,000 square feet of fulfillment space.
Some ecommerce companies have gained tremendous benefits from third-party fulfillment partners. But once you contract with a 3PL you must develop a well thought out plan, coordinating with your departments and the partner as well as merchandise vendors, carriers and IT. Here are 20 critical tasks to ensure a smooth transition.
To succeed, retailers and ecommerce companies need to meet heightened customer experience demands. That means offering fast shipping, free returns and same-day delivery, if possible. Learn insights from industry experts on ways to optimize your fulfillment network and focus your technology investments to compete and win.
Ecommerce logistics, including 3PLs, accounted for 61 of the 100 largest deals on warehouse and industrial space in 2018, according to commercial real estate brokerage CBRE. The deals totaled 61.5 million square feet of space in 32 markets, with facilities ranging in size from 742,000 square feet to 2.3 million square feet.
Whether it’s software or 3PL services you’re negotiating, it’s important to understand how vendors look at your company and the deal you want to cut. Understanding things from their perspective can help you forge successful vendor relationships. Here are 9 considerations to take into account when evaluating a prospective deal.
Critical systems functionality and efficient fulfillment are at the heart of a multichannel strategy, and merchants must meet compliance standards of marketplaces and big-box stores. Many 3PLs can bring this functionality and cost effectiveness to ecommerce sellers, manufacturers and brands. Here’s how to make it work for you.
While we can’t change the weather, with minimal effort we can help mitigate exposure when the inevitable transpires. By taking a few simple yet often overlooked steps, even as the calendar has turned into 2019, logistics managers can effectively maintain a safer warehouse operation through the coldest months.
Vacancy rates for industrial and logistics space, including ecommerce fulfillment, is now at a historic low of 4.3% and new construction is constrained, leading to limited expansion options for warehouse occupants and higher rents, according to a Q3 report from brokerage CBRE. This has led to an increase in multistory developments.