The order fulfillment industry faces new challenges seemingly everyday. Often, these challenges are inspired by the practices initially adopted by ecommerce giants like Amazon, which customers then begin to expect from other retailers.
As ecommerce continues to grow in popularity and importance, many order fulfillment operations and businesses are finding it harder and harder to keep their fulfillment costs under control. As the cost to pick, process, pack, and ship each order increases, that package’s inherent value and contribution to profit decreases; clearly, operations need to find ways to reduce these costs if they are going to remain competitive in today’s business landscape.
For any order fulfillment operation or materials handling operation to be successful, it is critical for you to have a firm understanding of the cost of goods sold, also called “Inventory Costing.” Here, we discuss some of the most common methods of inventory costing.
Switching to an automated sortation system may be just what your operation needs to boost efficiency. It may also save you a lot of money. Here’s how.
Can Cartonization of Orders Help Reduce your Order Fulfillment Costs? The short answer is yes, but there are several processes that make up a fulfillment/distribution operation. One of the critical KPIs that all distribution...
