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Logistics, Forward Stock,
Online Returns

Julie Colclough, Managing Director
Your Level of Experience
• Business growth plans – Can you cope ?
 Staffing
 Space
 IT

• Order Volumes
Product Type
•

End Buyer – Forward Stock
 Where are your customers – key markets
 Should you keep stock in another country

•

Inventory Complexity
 Number of SKU’s (Stock Keeping Units)
 Product assembly

•

Automation and Order Status Notifications
 The key to scalability and error elimination is automation
Logistics & Returns
• Customer Support
 48% more likely to buy if there is locally based customer
support services

• Shipping
 96% more likely to buy if it has free shipping

• Returns – Big One !
 62% rarely return items bought online

 40% of apparel bought online is returned
To Outsource or Not?
Pro‘s
• Frees you up to grow your business and focus on

Con‘s

sales and marketing

• Inventory is offsite & you are giving up some control

• Variable cost solution

• Cost – if it’s not going to save you money.

• Lower shipping costs
• Scale your order fulfilment to match your growth

•Communication – are you clear about your

• Savings on staffing costs

expectations

• Reduces the need for investment in Inventory
technology
• Gives you one point of contact for all storage and
shipping concerns
• Allows you to enter foreign markets with minimal
investment
Thank-you

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Logistics Forward Stock Online Returns

  • 1. Logistics, Forward Stock, Online Returns Julie Colclough, Managing Director
  • 2. Your Level of Experience • Business growth plans – Can you cope ?  Staffing  Space  IT • Order Volumes
  • 3. Product Type • End Buyer – Forward Stock  Where are your customers – key markets  Should you keep stock in another country • Inventory Complexity  Number of SKU’s (Stock Keeping Units)  Product assembly • Automation and Order Status Notifications  The key to scalability and error elimination is automation
  • 4. Logistics & Returns • Customer Support  48% more likely to buy if there is locally based customer support services • Shipping  96% more likely to buy if it has free shipping • Returns – Big One !  62% rarely return items bought online  40% of apparel bought online is returned
  • 5. To Outsource or Not? Pro‘s • Frees you up to grow your business and focus on Con‘s sales and marketing • Inventory is offsite & you are giving up some control • Variable cost solution • Cost – if it’s not going to save you money. • Lower shipping costs • Scale your order fulfilment to match your growth •Communication – are you clear about your • Savings on staffing costs expectations • Reduces the need for investment in Inventory technology • Gives you one point of contact for all storage and shipping concerns • Allows you to enter foreign markets with minimal investment