CGMP Warehousing: Things You Should Know
[caption id="attachment_5859" align="alignleft" width="300"] iStock.com/dusanpetkovic[/caption] If you run an organization that sells food, cosmetics, supplements, drugs, or other medical products, CGMP standards and regulations matter. Especially in cases where you use outsourced providers to store and distribute your products, you will need to ensure these standards are met all across your supply chain. But what does CGMP stand for? Why do organizations need to meet these standards? If you need warehousing and fulfillment solutions in Miami, Florida, how can you be sure they are properly certified for CGMP? Here’s what you need to know about CGMP warehousing and the answers...
B2B Fulfillment vs. B2C Fulfillment: What’s the Difference?
The differences between business to business (B2B) and business to consumer (B2C) may seem confusing and complicated if you are new to either industry. There are many clear differences between these two operations, and each works in a unique way to help businesses succeed. Here’s what you need to know about each process and what makes them so different. (more…)
The Importance of Warehousing Location in Fulfillment
To stay competitive in today’s tough market, the location of your warehouse is vital. This factor could mean the difference between the success or failure of your company. Wondering what to consider when choosing the location of your warehouse fulfillment in Miami, Florida? Here’s what you need to know. Warehousing Location: Why Is It So Important? (more…)
How to Choose a Fulfillment Company When You Have a High SKU Count
When fulfillment companies bring in new clients, they consider everything from order volume metrics, to product type, to SKU. Most fulfillment companies prefer clients with low SKU counts and high volumes, since these are the easiest to process. A high volume generates greater profits, and a low SKU count means more of the same products and as a result, easier inventory management. If you have high SKU counts, but don’t necessarily have a high volume of orders, it’s important to know what type of order fulfillment services in Florida can help. But first, here are the basics. What Is a...
How to Improve Average Inventory Turnover
Inventory turnover is described as the cost of goods sold compared to the average inventory over the same period of time. It is generally simple to calculate and provides important insight as to where problems with inventory exist. However, inventory turnover analysis and management isn’t a one-size-fits-all approach for all companies and your company may need a specific strategy. If you want to know how to improve inventory turnover, keep on reading. The Importance of Inventory Turnover Analysis The value of inventory turnover analysis is that it measures how sound a company’s inventory methods are, so they can make wise...Important Factors for a Successful e-Commerce Order Fulfillment Process
If you want a successful order fulfillment process in e-commerce, you need to make sure you’re getting the right products to the right customers at the right time. Although the final version of your e-commerce order fulfillment process may vary, there are key steps in the order fulfillment process that will help you ensure that you have an efficient system for your business. Keep on reading to find out what they are! Key Factors of a Successful e-Commerce Order Fulfillment Process (more…)
What are the Different Types of 3PL Providers
Logistics has changed and grown to encompass many facets of delivery. In order to fully understand all of the different functions of a 3PL, we must first define exactly what a 3PL is. A 3PL ( or third-party logistics) company is contracted to provide logistics services to partner companies. So if your company needs help managing the movement of its products, you would partner with a 3PL to make this happen. This management can take different forms, which we will discuss in more detail throughout this article. 4 Types of 3PL Providers 1. Standard 3PL Providers At this level, the...Top Order Fulfillment Strategies for e-Commerce Businesses
A fulfillment strategy for e-commerce refers to business strategies that get online product orders to the customers who ordered them. If steady growth in your business has been testing your ability to fill these orders and deliver them on time, it’s time to update your fulfillment strategy. Thanks to ever-evolving technology, there are many options at your disposal. All you need to do is choose the right strategy, and carefully put it into action. This can be done with the help of an e-commerce 3PL (third-party logistics) partner. Here’s what you need to know about the e-commerce fulfillment models available...
How to Protect Your Online Business from e-Commerce Return Fraud
E-commerce frauds happen when a customer receives a financial gain from the returns process by taking advantage of the business. This results in a loss of profits and inventory from the business. There are different types of e-commerce fraud and some consumers will try the same tactics online as they would in-store. Other types of fraud can only be done online. If you are operating an e-commerce business, it is important to be aware of instances of return fraud to protect yourself from loss of inventory and profit. Here is what you need to know about returns fraud and how...
When Should You Outsource Order Fulfillment for Your e-Commerce Business?
Deciding whether you should manage your e-commerce order fulfillment on your own or work with a partner is one of the challenges you will have to consider as a small- to medium-sized business. If you choose to outsource your e-commerce order fulfillment you can get a lot of daily tasks and responsibilities off your plate, save money, and improve service and the brand experience for your customers. Still on the fence? Here are some solid reasons why you should team up with an e-commerce order fulfillment partner. Reasons to Outsource e-Commerce Fulfillment Save on Shipping Costs (more…)
