Over the past 12 months, online purchasing has increased rapidly – up 32% in 2020 over 2019 which was not anticipated to hit these levels until 2025. We are well ahead of the anticipated growth of this market transformation.
How can 3PLs adapt to this modern wave of economic disruption and opportunity?
Many 3PLs are still not focused on eCommerce yet, despite the fact they already have the storage capacity and staff to get started. Perhaps a 3PL only needs to shift some things around to create efficient pick aisles and packing areas. With a robust eCommerce WMS like Camelot’s Excalibur WMS and with a few process changes, you can be an eCommerce fulfillment operation in no time.
The faster 3PLs shift to accommodating the eCommerce model, the more they can take advantage of this modern-day “gold rush”. Competing with Amazon is not easy. But Amazon can be expensive for a supplier/retailer. Suppliers/retailers are looking to provide the best customer experience for their customers. If a 3PL can provide quick order-turnarounds and great customer experiences for the consumer, they will win more business.
With Shopify offering their own Shopify Fulfillment Network and FedEx acquiring Shoprunner to provide fulfillment services under their corporate umbrella the lines of service are blurring… this is the era of online fulfillment.
Although there are major players in the industry focused on fulfillment, Camelot is excited for the future of 3rd Party Logistics and its pivotal position in the national and global supply chain.
For more information on processes you can implement in your warehouse to become more automated, please review our Wide World of eCommerce playbook here.