Market analysts forecast an economic slowdown in Vietnam and the rest of the world during the next one to two years. After many interest rate rises by the Federal Reserve (FED), wars, strikes, decreased purchasing power, etc., None of the businesses dares to ensure supply chain sustainability. Maintaining business stability and running short-term actions (monthly/quarterly targets) appear to be viable…
Nowadays, many e-commerce companies use third-party logistics service providers, or 3PLs, to help manage the delivery of products to final customers. Not only do 3PL providers offer several services, including procurement, inventory management, fulfilment, warehousing, packing and most importantly, shipping, but they can also complete these tasks quicker, cheaper and much more efficiently than businesses could on their own. Third-party…
When starting with eCommerce, one of the things you’ll need to learn about is fulfillment. Fulfillment is getting your products from your warehouse or supplier to customers. It’s a crucial part of your eCommerce business, as it can impact customer satisfaction, shipping costs, and overall profitability. Your company’s fulfillment strategy directly affects your bottom-line as well as your brand reputation.…
Leading Southeast Asia company successfully implemented Blue Yonder’s Warehouse Management System (WMS) within two months. Seedcom Joint Stock Company (Seedcom), a company shaping the future of retail in Southeast Asia, digitally transformed the warehousing capabilities of its logistics company, Seedcom Logistics, with Blue Yonder. The company completed a successful implementation of Blue Yonder’s Warehouse Management System (WMS) to transform its…
Despite challenges brought on by the Covid-19 outbreak, Vietnam’s e-commerce business is nevertheless expanding rapidly. According to the Vietnam E-commerce Association, the e-commerce sector’s developing rate is over 25% and values over $20 billion USD (virac). Rising demands will lead to a need for increased fulfillment capacities, which will then come with its own set of challenges. For example, customers…
The transportation cost alone can consume around 10% of the total revenue. The profitability of the business is significantly impacted by this considerable percentage. Therefore, evaluating delivery performance in order to maximize the efficiency of the fleet is thought to be an essential aspect for 3PLs or suppliers. Besides ensuring effective fleet operations and timely deliveries, measuring delivery performance also…
In recent years, e-commerce has grown in popularity and importance in both the global and Vietnamese business landscape. However, many companies expand and launch their e-commerce business without adequate preparation and knowledge. As a result, they fail to pay attention to the unique requirement of the e-commerce business model. There are particular requirements for conducting business on an e-commerce…
Over the last few years, e-commerce has become an indispensable part of global retail. As more people turn to online shopping, online payments, and doorstep deliveries, e-commerce is progressively increasing in popularity. Global retail e-commerce sales are anticipated to reach $5.7 trillion in 2022 and $6.3 trillion in 2023, according to eMarketer (USA). User-friendly interface design, product and service diversification,…
Cross-docking operations increase throughput at critical distribution points by unloading shipments from an inbound trailer or railcar directly onto outbound transport. This practice eliminates the need to store freight. To improve throughput, you must minimize travel, footsteps, material handling distance, and freight touches. Discover how to increase cross-docking efficiency with these tips from Nelson Bettencourt, senior vice president, domestic products,…
Even as the global economy is returning to its pre-pandemic glory, there is a rising awareness and concern about environmental sustainability. With the increasing need to align modern businesses with the goals of environment friendly practices, it has become imperative for businesses to adopt greener solutions to not only do their bit for the environment but to also gain international…
