You’re likely more than busy enough running your fulfillment company; after all, today’s fulfillment companies are large, multi-channel enterprises. It’s not just about taking orders and shipping them out; it’s also about delivering quality goods to loyal customers and, above all else, sustaining a high reputation.
As such, it can be difficult to keep things running smoothly. However, there are ways to make operating a fulfillment business easier. Check them out:
1. Use Dynamic Pricing
Dynamic pricing is when businesses base their prices on current demand, changing when necessary. Companies do this to help deplete excessive stock and remain competitive. If you have products that aren’t moving and want to be rid of them, offering dynamic pricing can help you sell off that stock.
2. Use Demand Sensing
It’s always tough to determine what people are going to want. This can be subverted with demand sensing, a method of forecasting based on current information. Demand sensing allows you to determine what products you should stock more of and which you shouldn’t more accurately.
3. Use On-Demand Printing
Some fulfillment companies who work with print materials are opting to add in-house printing facilities to reduce expenses. This is a good idea in theory, as you can handle everything while saving on external costs. But on the other hand, on-demand printing businesses are rather competitive, meaning they’re often willing to charge you reduced rates. Take advantage of this option if it presents itself.
4. Use Global Order Promising
Many fulfillment companies work through a variety of order channels and supply networks. Global order promising allows you to connect with multiple suppliers, ensuring you always have items in stock when needed. This avoids any issues that being out of stock of a desired product would cause.
5. Use a Third Party
When so busy that you risk being unable to keep up, it’s wise to hire a third party to perform some of the work for you. Having the option to outsource can lighten your workload significantly, allowing you to focus on keeping your operation running smoothly.
Need solutions to your product fulfillment problems? APS Fulfillment, Inc. has the knowledge and services to make your direct mail and product fulfillment ventures more successful. Contact APS Fulfillment, Inc. by e-mail at email@example.com, visit their web site at www.apsfulfillment.com, or phone toll-free at (954) 582-7450.