Given the rapid pace of change, how forward looking are your operations and fulfillment strategies, and are you pursuing the right ones? Ecommerce Operations Summit (April 9-11, Columbus), is an excellent way to evaluate emerging trends. Here are some highlights we found in the conference agenda, and why they’re beneficial.
In an indicator of the continuing evolution of retail, more shuttered stores and malls are being converted to industrial space, especially for ecommerce fulfillment, according to a new report from commercial real estate firm CBRE. See where this is happening, what the drivers are and the prevailing local headwinds.
Ecommerce companies are thoroughly examining their operations for compliance issues. You must pay equal attention to the fulfillment center, especially if you’re tracking customer data there with different tools maintained separately from your ecommerce platform. These three gut checks will help you assess your data breach readiness.
In this MCM CommerceChat podcast, Anthony Burnside, manager of direct-to-customer order management and omnichannel fulfillment for Abercrombie & Fitch, talks to Multichannel Merchant about the role of data analytics and data science inside his group and organization
Somerville, MA-based RightHand Robotics has raised $23 million in a Series B funding round led by Menlo Ventures, joined by GV (formerly Google Ventures) and existing investors Dream Incubator, Matrix Partners and Playground Global. The company, founded in 2014, has raised $34.2 million to date.
To improve operations, you first need to measure key fulfillment metrics. Understanding them lets you develop options for processes that reduce steps and cost, or improve service levels such as order turnaround time. Here are 16 metrics we recommend you use as a starting point.
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.
Warehouse workers made their voices heard twice recently, both times involving Amazon and unionization, while in New Jersey labor groups are seeking safer conditions and better pay in ecommerce facilities statewide. Expect the unionization push to pick up momentum in 2019 as reports of poor working conditions continue to grow.
If you haven’t formally evaluated your peak season fulfillment, make this the year you do so. From your analysis of ecommerce operations successes and failures, you can develop a plan to make improvements using a multi-faceted approach. Here are 10 ways to analyze your performance and develop a plan for improvement.
Deutsche Post unit DHL Supply Chain North America is investing $300 million to increase the level of automation and robotics at 350 of its 430 facilities, to better handle the crush of ecommerce orders. DHL also plans to open a 24,000-square-foot innovation center near Chicago in September 2019.