3 Tips for Supply Chains; Prepare for the Holiday Rush
Every holiday season, suppliers try to figure out where demand will be highest. Will it be available in stores, online, for in-store pickup, or directly from the warehouse online?
Unfortunately, we're not mind readers, but there are ways that we can make this process less painful and more profitable.
According to Warehouse Capacity Economics and Trends' survey, 74% of retailers cite fluctuation as a key challenge throughout the year. Below are 3 tips on solving your holiday/ year-long fluctuation issues.
Between the unpredictable weather, transportation issues, inventory planning, and fluctuation in product demand, change is going to happen. Solving this issue of overflow in 3PL warehouse space and employees can be the cure for this headache.
Some distributors may think this is a costly, out-of-reach option, but in reality, the cost is shared among all the warehouse "tenants," making using a 3PL affordable. Not to mention, you will have a team of distribution experts working directly for you.
By cramming all of your product into your facility and failing to organize it with adequate space for picking, your efficiency will suffer, causing you to lose more profit than you care to know about. By hiring a warehouse that knows how to move your product quickly, you will increase your ROI. Time is money.
Your company has its seasons, and when sales are down, warehouse space and full-time employees go unused. This can cause huge gaps in a company's profit, especially depending on how long the slow period lasts.
By using a 3PL, you are paying for the space you use. The money that you are spending is going toward a profitable ROI vs. empty warehouse space and employee paychecks. Efficiency is key to long-term business success.
We hope that these helped. And more so, we wish you a happy, healthy, and profitable holiday season!
Have more questions? Give us a call, or send us an email. We are always here to help




