Offering same-day fulfillment can give brands a competitive advantage in the ecommerce marketplace. But implementing speedy delivery solutions requires a fully integrated, optimized warehouse management system. Let’s take a look at the benefits of same-day fulfillment and how Logiwa IO can help warehouse managers tap into this potential
- Meeting consumer demand with fulfillment software
- Benefits for ecommerce brands
- Advantages for third-party logistics providers (3PLs)
- Next level warehouse management systems
- Same-day fulfillment with Logiwa IO
- Same-day fulfillment’s supporting technologies
- Winning the same-day fulfillment race
- FAQs about same-day fulfillment
Meeting consumer demand with fulfillment software
Today’s online shoppers not only want same-day delivery—they demand it. This expectation is higher among younger shoppers, who have grown accustomed to hitting “buy now” and receiving their orders a few hours later. Research by Invesp shows that 56% of online consumers between ages 18 and 34 expect same-day delivery when shopping online
To achieve ecommerce customer satisfaction, brands and third-party logistics (3PL) providers need fulfillment software built with this reality in mind. Modern consumers want that instant gratification. If a business offers fast delivery, they’re at the top of the list for potential customers making online purchases
Beyond meeting customer expectations, same-day fulfillment can also increase customer loyalty. Delivering on the promise of same-day fulfillment builds trust between brands and consumers. Consistent, on-time deliveries can make customers more likely to order from an ecommerce business again
Those customers may even go one step further by sharing their positive experiences with friends, family, or coworkers. This word-of-mouth advertising can boost a brand’s reputation and lead to more customers
Benefits for ecommerce brands
When the goal is reducing lead times in fulfillment, it’s essential to have automated warehouse systems in place. A warehouse management system (WMS) can simplify operations to get products out the door faster. Speedier processing means inventory spends less time on shelves, which can reduce warehousing costs
Specifically, an advanced WMS, a fulfillment management system (FMS), such as Logiwa IO can help an ecommerce brand to:
- Reduce lead times: A WMS automates routine tasks, such as picking and packing, to decrease delivery lead times. Online sellers can use this efficiency to handle higher order volumes with same-day fulfillment.
- Minimize storage costs: Using real-time data, a WMS can provide insights to manage inventory accurately. With faster turnover of in-demand items, businesses pay lower storage costs
Advantages for third-party logistics providers (3PLs)
The U.S. same-day delivery market is booming. It’s expected to reach $13.15 billion by 2030, according to Mordor Intelligence data. While retail giants such as Amazon and Target once dominated the same-day market, more ecommerce businesses are looking for speedy delivery solutions
The growing market offers an opportunity for 3PLs to expand their client base. But to succeed in a crowded market, ecommerce brands need the power of an advanced WMS. For 3PLs, using a WMS can allow an ecommerce business to:
- Attract and retain clients: A WMS uses automation and data-driven insights to optimize fulfillment processes. With efficient systems, a business can offer 3PL same-day fulfillment solutions for brands that want reliable, quick deliveries
- Differentiate services: Many 3PLs will be competing for the same business. A WMS can differentiate a brand by minimizing errors and reducing delays, so the business is able to deliver fast, reliable, and accurate ecommerce fulfillment
Next level warehouse management systems
In the past, it was enough for a WMS to handle inventory tracking and order processing. But those legacy systems don’t get the job done when it comes to same-day fulfillment. An ecommerce business or 3PL needs an advanced WMS to meet consumers’ demands for accuracy and speed
Advanced warehouse management systems offer automation, real-time tracking, and predictive analytics to streamline operations. These systems can help a business to:
- Improve accuracy: Automated systems for tracking, picking, packing, and shipping can reduce the potential for human error. More accurate shipments lead to fewer returns and increased customer satisfaction
- Enable fast delivery: A good WMS can integrate with shipping carriers to find the fastest routes at the lowest costs. These systems can also offer real-time order tracking, so customers know when to expect deliveries
- Manage inventory efficiently: With real-time analytics, a WMS can eliminate stockouts and prevent overstocking. It can also forecast future trends so that there’s enough inventory on hand during busy times, such as the holiday season
Same-day fulfillment with Logiwa IO
It’s clear that not every WMS is created equal. At Logiwa, we offer a powerful fulfillment management system to build, scale, and grow same-day fulfillment operations for 3PL businesses.
Features of our advanced fulfillment management system include:
- Real-time inventory management: Our system continuously tracks and updates inventory levels, even if products are spread across multiple warehouses. Real-time data can help with allocating stock effectively, so in-demand products are ready to ship whenever, wherever
- AI-driven algorithms: Logiwa IO uses artificial intelligence (AI) algorithms to automate workflows. It will automatically route orders based on availability and proximity, so businesses can get products to customers’ doors as fast as possible
- Seamless integration: Our cloud fulfillment platform integrates with leading ecommerce and shipping providers. This integration allows for order batching and automated packing to make sure a delivery date is never missed
- Inventory forecasting: Of course, before a business starts offering same-day fulfillment, products need to be ready to ship. Logiwa IO uses past data to predict how much inventory needed in the future, so ecommerce brands are able to meet demand for same-day orders
The results of these features speak for themselves. The Logiwa IO fulfillment management system ensures 100% inventory accuracy. At the same time, businesses achieve up to 99% same-day shipping rates with quick order processing. It’s a game-changer for ecommerce brands and 3PLs looking to increase delivery speeds
Same-day fulfillment’s supporting technologies
Same-day fulfillment is continuing to transform the shopping experience. Customers enjoy receiving their online orders quickly, even within a few hours in some cases. New technologies, including AI, machine learning, and blockchain, will continue to speed up same-day delivery for ecommerce brands and 3PLs. Businesses will also do well to improve last-mile delivery through outsourcing or other methods, such as crowd shipping
Besides speed, sustainability will continue to be an influential factor in customers’ buying decisions. One study found that nearly 80% of online shoppers would wait one day for a delivery if it was shipped sustainably. However, only 45% would wait two days for the same reason. Ecommerce businesses and 3PLs that can offer fast, sustainable, and affordable shipping will set themselves apart
Winning the same-day fulfillment race
Same-day fulfillment is the way many consumers want to receive online orders. If a business levels up to same-day fulfillment, they can position their brand at the top in an increasingly competitive ecommerce marketplace
With Logiwa IO, businesses can leverage the benefits of AI technology and real-time tracking to meet—and even exceed—customers’ expectations. With our fulfillment management system, businesses are enhancing customer experience with efficient fulfillment
Explore the comprehensive solutions we offer for online sellers and 3PLs. To find more information or schedule a demo, contact us today
FAQs about same-day fulfillment
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