How Do The Right Product Fulfillment Solutions Help You Scale Revenue?
Product fulfillment solutions are a very important business process in cross-border e-commerce. At present, this market is huge, but at the same time, there are also many problems, such as high prices, slow speed, difficulty in later tracking, and poor convenience. This article talks about product fulfillment, order fulfillment, and fulfillment solutions. By reading this article, you can gain information and tips on product fulfillment to move your business forward more smoothly.
What is Product Fulfillment Solutions?
Product fulfillment is an important process in product fulfillment companies. As a product fulfillment company, it can warehouse, kit, pack, and ship customers’ orders, it will also handle the details for the product fulfillment to save customers’ time. In addition, it can continue to offer the best product fulfillment solutions to address customers’ order fulfillment needs.
Next, Let’s introduce the product fulfillment services, which include:
What is Order Fulfillment?
It refers to the collection of a series of processes, such as order receipt, optimization, item selection, order integration and packaging, and logistics and transportation, after customers place orders from Amazon, eBay, and other e-commerce platforms.
The process of order fulfillment can be roughly divided into four modules:
The process of inbound is related to warehousing, and transporting goods from home to overseas warehouses. Outbound is to receive orders from an e-commerce platform or ERP system and then transfer the orders to overseas warehouses after a series of processing. In-warehouse operations are basic services related to warehousing, such as position management, warehouse transfer, inventory checking, inventory management, etc.
Overseas warehouses have integrated some logistics channels and offered them to different shippers to choose from. Then, the system selects the appropriate logistics-related order according to the corresponding strategy.
In addition, overseas warehouses will also provide some services such as rebranding, labeling, secondary packaging, transfer, and allocation, which can be called value-added services.
What is Fulfillment Solutions？
With the continuous growth of retail distribution, e-commerce, and express delivery industries, enterprises are facing increasing pressure in meeting customer needs and performance indicators. Therefore, enterprises need to find a good solution to expand and optimize operations and minimize manual rework and equipment downtime.
There are many models of fulfillment, but not everyone is suitable for all companies. We need to choose the best solution according to our own business needs, so as to help us realize the smooth development of our business.
Now let’s introduce the three common eCommerce fulfillment models:
In-House fulfillment is a self-sufficient mode, in which merchants package their own products and deliver them to customers. This method is generally suitable for smaller enterprises. At the same time, businesses need to be responsible for all aspects of their performance.
Dropshipping is a mode of order fulfillment: the seller gets orders from customers, and then reliable third-party suppliers (usually product distributors or brokers) fulfill these orders. Sellers don’t need to store, process, or distribute their products. They earn profits by earning the difference between wholesale and retail prices.
3PL(Third Party Logistics) is a service provided by middlemen in logistics channels, and middlemen undertake all or part of logistics services required by enterprises in a certain period of time in the form of contracts.
Intelligentization, automation, digitalization, and informatization are the general trends of future development. At the same time, there will be various thorny problems in practical work, which requires a professional product fulfillment solution to use professional skills to help enterprises solve problems smoothly. Honest Fulphilment is an option you can consider. If you want to know more, please contact us!
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