Fighting the Rising Costs of eCommerce with Optimized Shipping and Fulfillment
This IDC Perspective addresses the rising costs that are accruing for retailers, brands, and manufacturers as a result of the rise in ecommerce, which is amplified during Black Friday, Cyber Monday, and the entire holiday shopping season, and how businesses can address waste and costs in shipping and fulfillment processes by rightsizing and standardizing packaging, enlisting internal or third-party teams to audit shipments, and utilizing analytics and AI to optimize mode selection and carrier delivery routes. "By minimizing packaging, packing transport more efficiently, and routing deliveries more optimally alone, companies can make significant reductions in paper waste, gasoline usage, and unnecessary human labor while also realizing millions of dollars in savings annually," said Jordan K. Speer, research manager, Global Supply Chain. "That's a win-win-win when it comes to people, planet, and profits."
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