OnTrac’s Post

While carrier diversity is fundamental to a successful supply chain, the emerging trend of over-diversification puts retailers at a disadvantage. Understand how to build a carrier strategy that sets your business up for success. #carrierconsolidation #fasterdelivery #shippingsolutions #carrierdiversity #ecommerce #ontrac

While carrier diversity is key to a successful supply chain strategy, too many retailers have over-diversified and are now at a disadvantage. Retailers that have failed to consolidate their carrier mixes are losing out on opportunities for faster delivery and better pricing, as well as facing a number of warehouse constraints, from sortation capability to available doors for carrier pickup. How can retailers overcome these challenges? Shippers need to be strategic when choosing what carriers to work with and should now be looking at a 2 to 3 carrier solution, rather than 5 or more options. Check out our new guide to learn more about carrier consolidation and how to choose the right carrier partner that can help you reach your goals. https://lnkd.in/eswrinvW #carrierconsolidation #fasterdelivery #shippingsolutions #carrierdiversity #ecommerce #ontrac

While carrier diversity is key to a successful supply chain strategy, too many retailers have over-diversified and are now at a disadvantage. Retailers that have failed to consolidate their carrier mixes are losing out on opportunities for faster delivery and better pricing, as well as facing a number of warehouse constraints, from sortation capability to available doors for carrier pickup. How can retailers overcome these challenges? Shippers should now be looking at a 2 to 3 carrier solution, rather than 5 or more options, and be strategic when choosing the carriers to work with. Check out our new guide to learn more about carrier consolidation and how to choose the right carrier partner that can help you reach your goals. #carrierconsolidation #fasterdelivery #shippingsolutions #carrierdiversity #ecommerce #ontrac

The way retailers should approach carrier diversification today is not the same as it was 3 years ago. Not all carriers are created equal. Check out our latest guide to find out how retailers can capitalize on the current landscape and choose the right carrier partner to build a competitive advantage. #carrierconsolidation #fasterdelivery #shippingsolutions #carrierdiversity #ecommerce #ontrac

The way retailers should approach carrier diversification today is not the same as it was three years ago. Not all carriers are created equal. Check out our latest guide to find out how retailers can capitalize on the current landscape and choose the right carrier partner to build a competitive advantage. #carrierconsolidation #fasterdelivery #shippingsolutions #carrierdiversity #ecommerce #ontrac

In the evolving landscape of e-commerce, managing returns is crucial for retailers looking to enhance profitability. As consumer demand fluctuates and costs rise, adapting to 2024 trends becomes imperative. These trends focus on three key areas: return policy adjustments, reverse logistics strategy enhancements, and leveraging modern technologies to optimize inventory surplus and drive profitability. The escalating costs of processing returns, representing up to 39% of the original price, highlight the urgency for retailers to streamline this process. Retailers are actively seeking more efficient ways to handle returns and excess inventory as e-commerce transactions surge, leading to substantial financial implications for businesses. Read more about the shifting dynamics in the e-commerce sector and how retailers are strategizing for the future: [Link to the article] #Ecommerce #Retail #SupplyChain #InventoryManagement #ReturnsManagement

With each holiday season, the pressure to keep up with competitors or even outflank them with faster and more on-time delivery options intensifies. There are three key trends companies are taking to optimize retail fulfillment: Adding/expanding fulfillment centers Going small with micro-distribution Shrinking the last mile

Retail giants are tackling the last-mile delivery challenge head-on! 🚚📦 Discover how major retailers are innovating to overcome the delivery squeeze in this insightful article by SupplyChainDive. Read more: (https://ow.ly/Q7XN50SjHYp) #SupplyChain #LastMileDelivery #RetailInnovation #Logistics #DeliverySolutions

Carrier diversification is a matter of quality over quantity. Not all carriers are created equal, and retailers need to avoid over-diversifying and be strategic when choosing a partner in today’s saturated market. How can shippers choose the right carrier partner? Look at who can provide the best combination of these factors: 1. Speed: 85% of consumers define fast delivery as 2 days or less. Choose a carrier that can meet consumers’ growing demands for speed to remain competitive. 2. Savings: Look for a carrier that can offer the most cost-effective options to help you reach your customers. 3. Service: Cost shouldn’t be the only factor. A strong on-time performance record is critical, as well as an innovative tracking experience to make sure customers are satisfied. 4. Coverage: A carrier with an expansive geographic network will keep retailers from having to onboard multiple carriers to reach customers in different locations. 5. Delivery Innovation: Consider carriers that are investing in their networks and technology to improve the consumer experience. 6. Experience: Look for a reliable, proven carrier with experience, expertise, and infrastructure to keep up with the evolving e-commerce delivery landscape. Learn more about the next phase of carrier diversification and how to use this as a tool to optimize your shipping strategy, drive brand loyalty, and build a competitive advantage. #carrierconsolidation #fasterdelivery #shippingsolutions #carrierdiversity #ecommerce #ontrac

UPS shows ecommerce shipping volumes up by 30% since 2022, giving rise to 'omni supply chains'. UPS say this increase is posing logistics problems, including capacity limitations and bottlenecks with fulfilment speed challenges and management of spikes during peak periods being key concerns #supplychain #ecommerce #logistics #ups #lastmiledelivery https://lnkd.in/d_tsuRbc