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A major component of the order fulfilment process is e-commerce returns logistics since the customers would have easily demanded this service. As well as in every other business, where people buy goods online and then decide that they do not need them anymore, the question of delivering the return also raises the question of how it can be done, whether it is restocking of products, or refunds for the products that have been bought online. Benefits of third party warehousing and fulfillment play a crucial role They will do a lot of things, including;
Advantages of Outsourcing Third-Party Warehousing & Fulfillment
The use of third-party logistics companies for fulfillment and warehousing has been proven to have various advantages for e-commerce firms. First and foremost, certainly one of the biggest benefits of using it is the possibility to save money. Being responsible for warehousing and order fulfillment entails a significant capital outlay on facilities, employees and equipment. At the same time, third-party providers help businesses shed such fixed costs on their savings for such obvious advantages as superior infrastructure and increased scale economies.
Further, the order fulfillment process also provides flexibility and scalability in supply chain management. This means that the organizations can be able to open up more lines in the particular business or make readiness for the high season without having to acquire other resources.
The Order Fulfillment Process
Ecommerce returns logistics can be described as a flow chart which includes several stages that starts from a customer placing an order until the delivery of a product. It includes:
Receiving: Returns products to the supplier and keeps them for other orders to be made in the future.
Processing: As noted above, when the customers place an order, it is forwarded to the fulfillments centers where stocks are picked, packed and sent for shipment.
Shipping: The customer’s order is then delivered to them using the cheapest and fastest method of transport.
Returns: Should the customer return the product, then it goes through the same process of processing, restocking or refunding which us the fulfillment cycle.