Blog Posts Report Helps to Assess Omnichannel Performance
As omnichannel becomes the new norm, it is having a direct impact on order fulfillment and distribution operations. To see how companies are handling heightened customer expectations for product and availability information, delivery and return options, and seamless service, we recently surveyed manufacturers, retailers, ecommerce companies and others involved in omnichannel order fulfillment and/or distribution.
Overall, respondents paint a positive picture of today’s omnichannel environment but admit they’re experiencing some challenges.
Following is an excerpt from Ready or Not: Omnichannel Fulfillment & Distribution…
Omnichannel fulfillment today
How well are omnichannel operations working today? The report card is fairly positive – although there is room for improvement.
Approximately 53 percent of survey respondents rated the performance of their current fulfillment operations as “excellent” or “very good.” At the other end of the spectrum, 12.6 percent rate their operations as “fair” or “poor.”
When asked which aspects of their order fulfillment and distribution operations they’d like to improve, order-processing speed and inventory availability/visibility topped the list for 46.2 percent of respondents. Reporting and analysis were close behind with 41 percent. Returns management (37.2 percent) and transportation (34.6 percent) rounded out the top five.
“Companies are recognizing that traditional order fulfillment and distribution simply won’t cut it,” says Perry Belcastro, vice president, fulfillment, Saddle Creek Logistics Services. “Omnichannel requires a significantly more complex supply chain to deliver the seamless service, visibility and speed that today’s consumers expect.”
Read the whitepaper to learn more about the current state of the omnichannel supply chain, top challenges, industry trends, the role of technology, use of outsourcing and more.