From a financial standpoint hiring a fulfillment services company makes a lot of sense. For any business the best way to get ahead is to maximize the potential of the money that you spend on operations. Using fulfillment services can slash the operating costs of a business that processes a lot of orders every day. Consider these three ways that fulfillment services save businesses money and you will see that hiring a fulfillment company is the best way to process orders efficiently and save money without disappointing customers.
1. Fulfillment services make it easier to manage inventory. With the inventory management tools that fulfillment services offer you will never have to be worry about being overstocked or understocked. If you do not have enough stock you could miss out on orders, and if you have too much stock sitting around the money you put into that stock is being wasted. Sometimes companies do not stock enough products because they are short on warehouse space and do not want to pay for extra space. Using a fulfillment company gives you a flexible warehouse space where you can pay for just the amount of warehouse space that you need and the inventory management system will make it easy to make sure you have just the amount of stock you need. Do not lose orders, or throw away money on extra stock. Order and store goods efficiently using fulfillment services.
2. Fulfillment companies handle staffing issues for you – Hiring staff, training them, and retaining them can be a nightmare for businesses. Customers expect to be able to talk to qualified, well-trained customer service reps when they are trying to place an order or if they have a problem with their order but finding and training great customer service reps can be tough. Fulfillment services companies find and train customer service reps for you. By using a fulfillment services company you will get well trained, experienced customer service reps without having to pay the high cost of salaries or benefits. You can save hundreds of thousands of dollars a year by not having to staff an office.
3. Fulfillment services companies get discounted shipping rates – Shipping rates are skyrocketing, and businesses are often expected to eat the additional shipping costs. Customers do not like to pay for high shipping, but they want their products to arrive quickly. Fulfillment companies often get special pricing breaks and incentive pricing from shipping companies because they have such a high volume of shipments going out every day. You can take advantages of that by hiring a fulfillment services company to ship your orders.