If the first half of this year has proven anything—with overseas conflict, supply chain disruptions, new COVID lockdowns internationally, a continuous labor shortage, and skyrocketing inflation and consumer demands—it is that logistics professionals need to prepare themselves for anything at any time.
With the uncertainty of supply chain disruptions and this constantly growing state of commerce, third-party logistics (3PL) warehouses need to prepare for peak season year-round, especially now as consumers gear up for back-to-school shopping and the onslaught of holidays starting with Halloween.
To prepare your 3PL warehouse for anything and everything that is coming, this year’s Peak Season Playbook has outlined four actions you can take not only to stay afloat but to thrive this peak season.
There is no denying it—traditional supply chain structures are ill-equipped to deal with ongoing, massive disruptions. In the face of uncertainty in the industry—and to mitigate bottlenecks and other troubles—3PLs must build resiliency into their supply chains. But what does supply chain resiliency really mean, and how do you achieve it?
To truly achieve resiliency, you need to focus on improving operations with longevity, transparency, and adaptability at the top of mind.
Download the full playbook for a deep dive into improving operations.
The 2022 State of the Third-Party Logistics Industry Report highlighted omnichannel fulfillment as one of the biggest opportunities for 3PLs in 2022. During peak season, omnichannel fulfillment is a gamechanger for 3PLs looking to position themselves as partners for their customers’ marketplace strategies.
As brands offer more omnichannel buying options like BOPIS, curbside, and locker pickup, 3PLs need to adjust their fulfillment strategies appropriately.
With the proper organization and technology, you will be amazed at how quickly your 3PL business will grow: nearly 92% of warehouses that offered omnichannel fulfillment saw order volume growth in 2021—and peak season is a big contributor to this statistic.
Learn more about the shifting state of commerce and omnichannel dos and don'ts.
With the ecommerce boom and heightened consumer expectations, last-mile logistics are more important than ever. Fast shipping is a necessity for 3PL businesses engaging in omnichannel fulfillment as parcel shipping strategies require ultra-fast fulfillment and turnaround times, and peak season will only increase ecommerce order volumes.
How should your 3PL respond to this strained—and expensive—shipping environment? Implement multi-carrier frameworks, utilize rate shopping, and strategize on geographic distribution of orders.
Download the full playbook to learn more about how multi-carrier frameworks, rate shopping, and geographic distribution of orders can revamp your final mile strategy.
According to Gartner research, “61% of respondents say technology is a source of competitive advantage” in supply chain operations, with investments in technology being driven by labor constraints and the need for agility. This is further supported by the 2022 MHI and Deloitte supply chain survey that reports 49% of supply chain leaders have accelerated spending in digital technologies.
To stay ahead of the competition, it is time to get smart about software and data.
Investing in automation does not have to mean robots. Instead, opting for digital automation in the form of a WMS will decrease manual, non-value-added work your employees perform while simultaneously reducing errors.
Learn more about how to use digital automation and software to its fullest potential.
The ecommerce boom we experienced as a result of the COVID-19 pandemic has slowed this year, but ecommerce is still growing. Insider Intelligence predicts U.S. ecommerce sales will surpass $1 trillion this year, two years ahead of pre-pandemic forecasts. As such, ecommerce growth continues to be a major focal point of the logistics industry and will be a deciding factor for which peak season strategies prevail. Your 3PL business probably serves ecommerce brands, so not only knowing the trends but also being prepared to enact peak season strategies—particularly leveraging the right technology—are the keys to a successful peak shipping season.
3PL Central, an Extensiv company, is the leader in cloud-based warehouse management system (WMS) solutions built to meet the unique needs of the 3PL warehousing community. Serving as the backbone of our customer's operations, our platform quickly transforms paper-based, error-prone businesses into service leaders who can focus on customer satisfaction, operate more efficiently, and grow faster. Offering a comprehensive warehouse management platform, we make it easy for 3PLs to manage inventory, automate routine tasks, and deliver complete visibility to their customers.
Extensiv is a visionary technology leader focused on creating the future of omnichannel fulfillment. Through our unrivaled network of more than 1,500 connected 3PLs and a suite of integrated, cloud-native warehouse, order, and inventory management platforms we enable modern merchants and brands to fulfill demand anywhere with superior flexibility and scale without painful platform migrations. More than 25,000 logistics professionals and thousands of brands trust Extensiv every day to drive commerce at the pace that modern consumers expect.
Interested in learning how you can partner with 3PL Central to help your warehouse prepare for peak season?