3PL Inventory Management: A Guide for Retailers
Shopify
APRIL 25, 2024
Find out how effective 3PL inventory management can scale your retail business. Learn benefits, top software solutions, and best practices.
retail 3pl-inventory-management 
6 Logistics Metrics that Determine a Brand’s Holiday Success or Struggle
Retail TouchPoints
OCTOBER 6, 2023
Oftentimes, these hinge on the synergy between a brand and its third-party logistics (3PL) provider. By tracking, analyzing and leveraging these insights, brands and their 3PL can work together to shape the performance of the holiday peak season. 1: Demand forecasting. 2: Order cycle time. 3: Order accuracy.
Fulfillment 
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Internal Warehouse vs. 3PL: How to Reach the Best Decision for Your Business
Retail TouchPoints
SEPTEMBER 23, 2022
Keeping your warehouse operations in-house or outsourcing them to a third-party logistics (3PL) company? The company must have a warehouse to keep its inventory, and a logistics team to manage the goods for storing, ordering and shipping directly to stores/distributors or customers. Are you ready to outsource your operations?
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Planning to sell online in the US? Here are some tactics to ensure success
Inside Retail
MARCH 19, 2024
Selling online in the US can be lucrative, as many Australian retailers and brands are discovering. Baby steps Daly says retailers eyeing the US market should not try to create a “one size fits all experience”. Don’t outsource your inventory and localise your entire website on day one. Begin with baby steps, she advocates.
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CPG Brands: Leverage Shipper Intelligence Technology Amid Supply Chain Challenges
Retail TouchPoints
MAY 10, 2023
For consumer-packaged goods (CPG) brands wanting to lead their category at major retailers, it’s critical to be strategic and adaptable with a logistics strategy. While many brands try to shave pennies off transactional transportation costs, that won’t drive long-term success in retail locations. on-time in-full. on-time in-full.
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What is the role of 3PL for an SME?
Inside Retail
DECEMBER 15, 2022
As your SME (small and medium-size enterprise) seeks to expand, there must come a time when 3PL (third-party logistics) consideration will take place. But what exactly are the benefits to hiring a 3PL to deliver your business’s warehouse requirements? What exactly are the benefits of hiring a 3PL as opposed to doing it yourself?
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NOT Your Dad’s Supply Chain: 4 Trends Every Retail Exec Should Know for 2024
Retail TouchPoints
OCTOBER 9, 2023
Shoppers’ retail preferences will be unlike anything we’ve seen even just a year ago. These four emerging trends elevate the urgency for supply chain execs to move distributed order management (DOM) to the top of their lists. #1: 1: Retailers are testing brands, hiding the parent brand. It’s still retail, but it’s not.
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Clean Data, Clean Planet: How Online Retailers can use Data Analytics to Reduce Their Carbon Footprint
Retail TouchPoints
SEPTEMBER 2, 2022
Inflation has tightened margins and supply chain issues have caused havoc with inventory planning. The acceleration of the digital economy has led to technological innovation in many aspects of retail operations. Live data helps harmonize communication to manage ship arrivals, berthings and departures safely and efficiently.
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Tuesday Morning Files for Bankruptcy, Again, as it Seeks to Address ‘Burdensome Debt’
Retail TouchPoints
FEBRUARY 15, 2023
The off-price retailer also has obtained a commitment from Invictus Global Management to provide $51.5 Additionally, the retailer will pivot to a 3PL model for its remaining stores to transition to a more cost-effective inventory acquisition strategy for remaining stores.
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What is 3PL and Should Your Brand Consider It?
Wiser
DECEMBER 15, 2020
As an eCommerce or direct-to-consumer business , you don’t have the luxury of working with retail partners that can help with shipping, warehousing, distribution, and other key supply chain tasks. 3PL can refer to a broad set of providers and solutions. Here’s a simple example of how 3PL works. 3PL vs. 4PL. 3PL vs. 4PL.
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Choosing a Distribution Model: Drop Shipping vs Traditional Inventory
Retail Bound
APRIL 13, 2024
Welcome back, retail enthusiasts! One of the topics that consistently comes up in the retail world is the logistics of shipping. From the manufacturers to the distributors, to your retail store – there are many factors and unexpected costs to consider during the shipping process that can be often overlooked.
Benefits of Working With a 3PL for Retail Operations
Retail Bound
FEBRUARY 21, 2022
A third-party logistics (3PL) provider typically handles your end-to-end order fulfillment, right from managing your inventory in warehouses, handling incoming orders, and receiving and packing goods, all through to delivering the goods to your customer’s doorstep. Reduced Shipping Costs and Time-To-Customer.
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Do You Have What It Takes to go from Wholesale to DTC?
Retail TouchPoints
JULY 26, 2021
If you’re a wholesale retailer or brand owner and you haven’t already launched a direct-to-consumer sales channel, you’d better be thinking about it. It’s one thing to attend trade shows and compete for buyers’ attention to get retail shelf space; it’s another to convince 230 million online shoppers in the U.S. to visit your website.
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What is 4PL and How Can Your Brand Find the Best Partner?
Wiser
DECEMBER 29, 2020
Fourth-party logistics, often called 4PL, refers to logistics providers that manage one or more third-party logistics firms on behalf of a brand or manufacturer. Compared to a 3PL, a 4PL provider is much more of a strategic partner that integrates all of the resources, processes, and technology across your supply chain.
Returns: The Hidden Opportunity for Retail
Retail TouchPoints
AUGUST 16, 2021
Returns provide brands and retailers the opportunity to delight their customers. But not all brands and retailers are seizing this opportunity. According to the National Retail Federation (NRF), the U.S. This was rendered possible as retailers and brands offered low-cost shipping, unlimited holding periods and easy returns.
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5 Common Misconceptions of 3PLs
Retail Bound
JANUARY 25, 2023
Historically, 3PLs were nothing more than a “middle man” — boxes would be shipped from Point A to Point B in order for retailers to keep store shelves stocked. Shipping orders from a distribution center to a retailer is now a process of shipping individual orders from a fulfillment center to an end consumer’s home.
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SKUtopia partners with Swisslog to provide 24/7 e-commerce solution
Inside Retail
JANUARY 25, 2022
Swisslog, a leading provider of best-in-class warehouse automation and software, is providing a boost to delivery efficiency and click and collect availability, with a new automated 24/7 e-commerce solution widely applicable to retailers. SKUtopia enables profitable scalability for the e-commerce industry through software-enabled operations.
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How Outsourcing Your Fulfillment Will Grow Your Business
Rangeme
AUGUST 1, 2022
When you launch your products, you may manage this work yourself to save on labor and storage costs. Perhaps you run out of storage space, or will run out of space if you take that large order from a retailer or wholesale partner. A good 3PL understands these concepts.
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Crafting Effective Solutions For Retail Supply Chain Management
Retail Minded
OCTOBER 2, 2023
Effectively managing a retail supply chain is essential for meeting customer demands and maintaining a competitive edge in the market. Tackling retail supply chain challenges is a blend of smart strategies and the right technologies. Walmart uses RFID technology to track real-time inventory.
Top tips to make Black Friday and Cyber Monday a success in 2022
365 Retail
NOVEMBER 14, 2022
In order to maximise ROI and end the year on a high, eCommerce brands and retailers need to avoid common mistakes and leverage these key calendar dates to generate revenue and get 2023 off to a strong start. Inventory management is key. Leveraging 3PL services to drive efficiencies is key. Plan, plan and plan some more!
Rethinking E-Commerce Operations In the Face Of COVID-19’s Holiday Season
Retail TouchPoints
SEPTEMBER 11, 2020
Beginning in late July, a number of major retailers announced that they would be closing stores on Thanksgiving Day for the first time in years. holiday for the first time in 30 years , with many other retailers, including Target, quick to follow their lead. Does this mean the end for Black Friday? Invaluable Customer Service.
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5 Steps with Getting Your Product into Retail
Retail Bound
JUNE 27, 2023
Retail buyers get approached and pitched hundreds of times a day by product manufacturers. Retail can transform a brand from low profitability and a local following to a rocket ship of growth with national expansion. Preparing and approaching retail buyers is crucial if a CPG company wants to get into this channel.
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Lesson Learned: Cheaper Is Not Always Better
Retail Minded
DECEMBER 19, 2022
Driveline originally switched to Brightpearl and everything was running like clockwork, but the unique and complex nature of Driveline’s retail business meant the brand needed several custom integrations built, including to 3PL providers, which didn’t exist on Brightpearl at that point as part of a standard subscription.
Why DTC Brands are Evolving from Disruptors into Omnichannel Players
Retail TouchPoints
AUGUST 2, 2023
. — took the stage at The Lead Summit in Manhattan in July 2023 to talk about how they are adapting their strategies to meet the new realities of DTC retail. We have folks with 10-plus years of experience in 3PL shipping logistics, customer service and demand planning.
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Why Investors are Racing to Buy Up Amazon’s Hottest Third-Party Sellers
Retail TouchPoints
MARCH 29, 2021
“The math is pretty shocking,” said James Thomson, a former Amazon executive and now Chief Strategy Officer of Buy Box Experts , an agency that advises Amazon sellers, in an interview with Retail TouchPoints. Retail Veterans Stake Their Claims Amid Growing Number of Rollup Firms. There is massive financial arbitrage here.
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6 Retail Shipping Trends to Watch in 2020
Retail Next
FEBRUARY 11, 2020
The retail industry has had to change rapidly in response to transforming customer needs. Though some companies have struggled to keep up, others are adapting and revolutionizing the way modern retail operates. Though some companies have struggled to keep up, others are adapting and revolutionizing the way modern retail operates.
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eCommerce Expo 2023 Preview
365 Retail
SEPTEMBER 24, 2023
Tina Patel – Analytics & Optimisation Manager, Sony PlayStation Tina’s role at Sony PlayStation speaks volumes about her expertise. The Scurri team will be attending eCommerce, where brands and retailers are encouraged to take part in the Retailers Grand Prix and top the leaderboard with their fastest lap.
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How Retailers can Combat Inventory Shrinkage with Drone-Powered Warehouse Monitoring
Retail TouchPoints
JANUARY 10, 2024
There’s been a lot of talk recently about retailers reporting lower-than-expected earnings due to inventory shrinkage. According to the Corporate Finance Institute , “Inventory shrinkage occurs when the number of products in stock are fewer than those recorded on the inventory list. What does this mean exactly?
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Bells of Steel and an Iron Will: How This Fitness Retailer Grew from $3M to $15M in 18 months
Retail Minded
MAY 14, 2022
In a similar story to thousands of retailers, the pandemic hit the business like a storm. He hired 39 new staff, opened a larger warehouse in Toronto and a retail store in Indianapolis, added 3PL in LA to cover West Coast demand, and completely overhauled the website. As everything changed for us in 2020.”.
4 Steps to Operations and Fulfillment Transformation
Retail TouchPoints
JULY 26, 2023
The retail landscape of yesterday is no more. Global supply chain challenges, inflation and a shift to online consumerism have upended the traditional retailer and customer relationship. Order-to-fulfillment: With skyrocketing costs, order fulfillment represents the greatest opportunity for retailers to drive revenue.
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How Mistakes in Fulfillment Strategy are Hurting Your Retail Business
Retalon
JULY 30, 2019
Retail fulfillment is defined as the process of receiving, packaging, and delivering an order to the customer. A large portion of a retailer’s business activity—and their success—hinges on effective and efficient fulfillment strategies and processes. Delivering convenience (Retail Fulfillment Strategy Examples).
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5 Critical Omni-Channel Fulfillment Strategies (and How to Avoid Mistakes)
Retalon
JULY 30, 2019
Retail fulfillment is defined as the process of receiving, packaging, and delivering an order to the customer. A large portion of a retailer’s business activity—and their success—hinges on effective and efficient fulfillment strategies and processes. Retail Fulfillment Strategy Examples. Retail Fulfillment Strategy Examples.
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The Rise of Omnichannel Fulfillment: Dynamic Fulfillment Networks Create Opportunities for Brands
Retail TouchPoints
DECEMBER 26, 2022
Retailers know that despite high inflation and a volatile economy, consumer expectations are at an all-time high. Omnichannel strategies allow retailers to drive greater sales by improving customer experience and providing more channels for customer purchase. This requires trusted 3PL partners that can accommodate this complexity.
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Jason & Scot Show Episode 269 – Amazon and Instacart get new CEOs, other news
Retail Geek
JULY 9, 2021
I feel like more than half my life right now is retail media networks so they are super trendy and the dirty secret is most of them. Are not very high volume yet right like the retailers are investing all this money and collecting ad dollars but they don’t actually have.
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Five focus areas for achieving omnichannel success
Inside Retail
AUGUST 10, 2022
In the wake of the e-commerce boom spurred by the global pandemic, the online retail landscape is now more fragmented than ever. Building a winning strategy through product catalogue selection, pricing, inventory management and great customer service. In the current fast-paced world of e-commerce, information is currency.
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Why dropshipping is making a resurgence for small businesses
Inside Retail
MARCH 13, 2023
In the past, small retailers would take on stock, turning garages all over into mini fulfilment centres. Through Covid-19, retailers abandoned the practice of holding inventory on a just-in-time basis, suddenly unable to depend on a predictable supply chain where products could be purchased as needed. This was revolutionary.
How Pack & Send solves online retailers’ biggest pain point: logistics
Inside Retail
JUNE 13, 2023
For retailers selling products online across multiple markets on- and off-shore, selecting shipping partners can be a significant pain point in time, cost and convenience. We save our customers time, trouble and money on all their shipping needs,” explains Nicholas Woodward, country manager for Pack & Send Australia. “We
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The Crucial Piece of the ‘Mixed Used’ Mall that No One’s Talking About: Logistics and Fulfillment
Retail TouchPoints
AUGUST 9, 2023
If you look at a mall from the thousand-foot view, it looks a whole lot like an Amazon fulfillment center ,” said Kyle Spencer, Co-founder of retail consultancy NextRivet in an interview with Retail TouchPoints. The retailers then become the ‘shelves’ of the fulfillment center.”
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Evaluating And Improving Your eCommerce Fulfillment and Holiday Shipping
Retail Bound
DECEMBER 13, 2021
This is the time for eCommerce retailers to analyze their shipments and fulfillment. It is the case for both the online retailers who manufacture their products from supplied raw materials and those who order items for reselling. It is crucial in case there is an error in invoicing or in inventory count.
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Jason & Scot Show Episode 291 – Amazon Q1 2022 Earnings
Retail Geek
APRIL 29, 2022
Jason: [7:01] Yeah so in general the macroeconomics are kind of a Debbie Downer and you know I am spending an awful lot of time talking with retailers and brands that are kind of planning for. Your pedantic so you want to kick us off with the little view of what’s going on the macro before we jump into some micro. 22:57] 7.6%
Jason & Scot Show Episode 289 – ShipBob Co-Founder and CEO Dhruv Saxena
Retail Geek
MARCH 18, 2022
ShipBob is a tech-enabled third-party logistics provider (3PL) that fulfills e-commerce orders for direct-to-consumer brands. Which is like I think thousand square feet for us to have some room for people to send us their product and we would store their inventory. Dhruv Saxena is the co-founder and CEO of ShipBob, Inc.
Jason & Scot Show Episode 293 – E-Com leadership changes and news
Retail Geek
JULY 7, 2022
To manage their downturns and you know at best slower rates of growth. 11:44] Put more more stock in solving that problem you know I would argue digital grocery is the biggest white space in the kind of digital retail thing and so it. Scot: [9:45] Yeah and then you notice some changes coming in the grocery side.
Jason & Scot Show Episode 267 – Deep Dive into Food Commerce with Matt Newberg of HNGRY
Retail Geek
JUNE 16, 2021
Scot & Matt: [2:06] Yeah course so my background is kind of really in the technology space I was a product manager most recently a Vimeo and. Behind the scenes color on our guests so I’d love to hear a little bit about your background and how you got interested in the food industry. Scot & Matt: [17:00] Yeah right there.
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Jason & Scot Show Episode 249 – Holiday Shipping Data From ShipBob
Retail Geek
DECEMBER 7, 2020
And inventory management were things that we didn’t necessarily do well and when your average order values you know five or six thousand Euros, you need to do that while in so again really shed a light on that the Pains of logistics and was one of the many Catalyst to get me over to shipbob.
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