Feeling the e-commerce boom?
E-commerce businesses are growing at exponential rates.
Consumers spent $861 billion online with U.S. merchants in 2020 — up an incredible 44% year-over-year. What’s more, e-commerce accounted for 21.2% of all sales in 2020.
While the boom is great for business, it can be a bust for bandwidth.
As your online store grows, you may find that the order fulfillment process requires increasingly more time and resources. If any of the four challenges below sound all too familiar, it may be time to find an e-commerce fulfillment partner.
1. Bandwidth is at 100%
Your role is to make sure the business runs smoothly. That includes things like strategy, marketing, ensuring exemplary customer service, and managing employees. Managing fulfillment should not take time away from these critical functions.
You and your employees should perform tasks that bring the most value to your business. If you’re pulling in employees from other departments to help with things like inventory management, kitting, assembly, QA, shipping, and returns, their energy and expertise are not being used effectively.
Partnering with a reliable and responsive e-commerce fulfillment company allows you to focus on growing your business rather than fulfilling orders.
2. Challenges with Inventory Management
When it comes to inventory, you need to have a pulse on every SKU, the locations in which you store them, and the quantities available for each. You also need to account for supply and demand around product launches and seasonal fluctuations, along with exchanges and returns.
Without the right technology in place to track and monitor inventory, it can be difficult to know when to order more stock, how much to order, and if you have enough space to store it.
Leveraging the technology and expertise of an e-commerce fulfillment partner ensures ready-to-ship items are always in stock, and that you’re prepared for seasonal or market fluctuations.
3. You're Running Out of Space
Storing inventory in the hallway? If you've outgrown your current space, you’ve probably considered renting or purchasing a warehouse, but this is a significant investment, and can drain both time and money by:
- Employing and training staff.
- Buying equipment.
- Managing inventory.
- Investing in the right software.
- Paying for unused or unwanted space.
Engaging an e-commerce fulfillment company will help you avoid this laborious process. Outsourcing allows you to centralize your goods for storing, labeling, packing, and distributing, so you don’t need to worry about the logistics of order fulfillment.
4. You Need Better Shipping Solutions
Shipping costs and delivery times are of paramount importance to your customers. Competition is tough, so consumers can afford to be selective.
An e-commerce fulfillment partner like GLF has an extensive network of shipping partners, and can identify the best shipping solution for your business to ensure you deliver on-time and on-budget. You can even expand your business to the global market with turnkey access to our global distribution network.
Outsource E-Commerce Fulfillment With GLF
Get back your bandwidth, and give customers the fast and reliable service they expect by partnering with GLF. Our end-to-end fulfillment services, including pick-and-pack, kitting, assembly, QA, inventory management, shipping, and returns will simplify your entire order fulfillment process. Contact us today so we can learn more about your businesses and create a custom solution to support your continued growth.