Stay Up to Date
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.
The Ins and Outs of Expanding Your Carrier Base: 5 Key Questions to Ask
Before bidding out volume to a regional carrier, certain characteristics of the supply chain should be evaluated. Here, we’ll highlight five specific characteristics or network components that should be considered before selecting a regional carrier.
INFOGRAPHIC: How COVID-19 is Affecting the Parcel Industry
Novel coronavirus (COVID-19) has impacted the global supply chain, disrupting industries around the world. Just like their customers, carriers are not immune to the negative impacts of COVID-19.
Consumer Shipping Options and Fees: Lessons Learned from a Big Specialty Retailer
In the frothy battle for online customer loyalty, shipping choices and amounts charged for those choices is a highly influential front. Retailers have been grappling with this changing landscape for years as online disruption continues. Green Mountain Technology has combined the specific experience of its retail clients along with a multitude of other companies across industries in our annual Benchmark Report to understand strategies for differentiation in this dynamic space.
Keeping Up With Amazon: Keys to Evaluating a Fast Shipping Model
As a result of the ongoing rise in e-commerce and the growth of Amazon Prime (which has an estimated 80 million US members), today’s online shoppers have very different expectations when it comes to fast and free shipping than they did just a few years ago. In order to compete, many retailers are considering adopting a similar strategy to fulfill orders much more quickly to meet those consumer expectations. However, it is challenging for transportation executives to manage the competing objectives of keeping costs down while pursuing a significantly faster fulfillment network.
Parcel 101 Video Series: Fulfillment Challenges for Shippers
Parcel reports are essential to turn data into valuable, actionable information. In this video you will learn the best practices when leveraging reports in your parcel network.
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.