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Improve Your Order Fulfillment Rate
Order fulfillment is at its most general term for the whole process from initial inquiry to the actual delivery of a purchased product to the end user. A more specific definition is that it is the "reduction of last-mile cost" involved in fulfilling an order. In other words, it is the "all-inclusive" solution for many small business owners who are looking to streamline their businesses while minimizing their operational costs. This article will specifically discuss three advantages for using order fulfillment as part of your overall business strategy.

* Cost savings - If you're looking to streamline your businesses order fulfillment , you'll find that one of the biggest factors holding you back is inventory management and shipping materials costs. These two costs are actually two sides of the same coin. Improving your inventory management and shipping control costs can really improve your bottom line. In addition, by streamlining your order fulfillment process you'll also free up valuable staff that can focus on more customer service oriented tasks, like return shipping.

* Improved returns processing - The return shipping process is another important component of an effective order fulfillment strategy. When you reduce the lead times associated with shipping and return handling, you can significantly reduce the cost of shipping and handling as well as your overhead cost. This is because you'll no longer be paying to drive your trucks around the country trying to find returning customers. Fulfillment companies use sophisticated systems, like GPS based truck locators and electronic signature technology, to locate returned items quickly and provide prompt shipping to these customers.

* Sku creation - If you're not already using an accurate and complete wholesaling and receiving process, you should be. The accuracy of your data will directly impact your ability to meet your product demand and close more sales. By speeding up the warehouse receipt and shipment of orders, you will also reduce your overall turn-around time. This is beneficial not only to your bottom-line but also to your reputation. Shoppers are always looking for the best deal and if your company isn't providing it, they will go somewhere else. Many of today's consumers have become savvy to verify the legitimacy and dependability of companies before they make a purchase.

* Sku creation - If you aren't already incorporating a comprehensive order fulfillment strategy, you should be. Sku creation, which refers to the entire delivery and collection process, is one of the single most important aspects of warehousing. Without accurate and complete Sku creation, the whole order fulfillment process will be slow, wasteful and inaccurate. In order to have an effective Sku creation strategy, you'll need to speed up your warehouse management system and ensure that all of the items in your stock can be tracked and accounted for.

* Utilizing the latest technology - There are always new and exciting technologies that will help you improve your order fulfillment best practices. Electronic receipts can reduce lost shipments and costly errors and can help to ensure that your clients receive their goods quickly. Some of the latest technology features include bar code scanning and electronic billing for clients that are receiving goods over the internet.

* Integrating technology with fulfillment - Every business should be incorporating technology with its order fulfillment practices. If you're using an in-house system, you should be. By incorporating technology with your packing and fulfillment strategy, you can streamline operations, save money, and increase productivity. Order fulfillment companies that offer integrated technology solutions will offer you a comprehensive solution that can take your business to the next level.

There are many fulfillment companies available in the market. However, only a few can provide you with a comprehensive and reliable fulfillment service. It's important that you work with a third party fulfillment company that can handle all of your business requirements, including order fulfillment, inventory control, and advanced packing techniques. Your chosen third party provider should be able to customize a packing solution to meet your unique requirements and provide you with a superior quality outcome. The time it takes for your business to achieve the level of success you've been dreaming of is often directly related to how well the fulfillment process is managed. If you want to be able to streamline the ordering and shipping processes, reduce your cost, and improve your customer satisfaction, turn to a professional fulfillment service for your next purchase.
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