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What is Fast Order Fulfillment?
Fast order fulfillment is an order fulfillment strategy to deliver parcel products to consumers as quickly as possible. Resource efficiency and speed are the primary tools when managing fast order fulfillment.
Though E-commerce stores are most frequently attributed with fast order fulfillment, a variety of shippers are interested in delivering faster – as fast delivery is a common want and trend among consumers.
What Goes Into Fast Order Fulfillment?
How a shipper crafts their fast order fulfillment strategy relies heavily on their individual parcel network – not all strategies are equal for every shipper. Some shippers focus heavily on internal resource management practices (such as pick vs. replenishment or staying on top of inventory forecasts) that affect the beginning of the order fulfillment process, while others rely heavily on parcel carriers to simply speed up the delivery component of the order fulfillment process.
Fast Order Fulfillment Delivery Practices
In the last few years, fast order fulfillment via the delivery method from parcel carriers is an increasing interest among shippers of all types. Delivery strategies like Same Day, Next Day, and Weekend Delivery have become increasingly important to shippers as they manage current parcel contracts and enter new ones. This was especially true in 2019 when the Big 2 each announced 7-Day Delivery support.
Recent Resources
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Today, we’re highlighting five important lessons learned by shippers from the 2021 GMT Parcel Benchmark Report.
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2021 GMT Benchmark Report
In our 6th annual Benchmark Report, we dive into parcel trends and challenges top shippers face today, plus COVID-19 economic impacts.
Lessons Learned: 5 Steps to Prepare for Peak Season
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Parcel 101 Video Series: Fulfillment Challenges for Shippers
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Carrier Diversification 101: How Regional Parcel Carriers Complement Your Transportation Strategy
Join Justin Guthrie, Solutions Manager at Green Mountain Technology, as he digs into some of the many benefits and network optimization opportunities Regional Carriers offer. This conversation also includes an exclusive look at GMT's customer Regional Carrier Assessment.
PANEL: Managing Supply Chains In A Crisis
GMT's own Strategic Solutions Manager, Ron Taylor, joins Johnson & Johnson, Salem Health, and GE Healthcare to discuss a variety of supply chain challenges and trends all brands face during times of crisis.
Leading Insights From GMT's Annual Parcel Benchmark Report
GMT's own Director of Operations, D. Aaron Guild, and distinguished faculty fellow from UT GSCI, John Lebowitz present takeaways and insights from our 2020 Benchmark Report.
Transportation Trends and the Impact of COVID-19
Insights from GMT's annual Benchmark Report. Featuring Chris Johnson, Senior Analyst at Cleveland Research Center.
