First things first, let’s define what it means to be nimble.
nim·ble | /?nimb?l/ | adjective
Quick and light in movement or action; agile.
It might not be a term you use in everyday jargon, but hey, it’s a great word, and it translates exceptionally to the eCommerce supply chain world. How? Well, nimbleness relates to how quickly an eCommerce business can adjust to ever-changing expectations in speed and delivery. To maintain customer expectations, stay competitive, and grow, a nimble supply chain must also react promptly to delays, changes, and unexpected consumer patterns.
In this riveting blog post, you will learn how critical it is for your supply chain to be nimble, what it means for your business, plus some strategies and best practices to improve your eCommerce supply chain.
What does it mean to have a nimble supply chain?
Having a nimble supply chain means how quickly and efficiently an eCommerce company can react to consumer trends and market changes. It also relates to the ability to forecast, maintain, and bounce back from unforeseen events. Here are some ways to create a nimble supply chain:
Optimize and improve logistics operations efficiently
Working with an amazing 3PL (cough, cough, Taylor)
Gain visibility into operations and real-time access data
Quickly implement the latest technology and automation
How to meet and exceed market demands
We’ve said market and consumer trends six times by now. But, for a good reason, one of the most significant benefits of having a nimble supply chain is that it enables you to consistently meet customer demand around fast, affordable shipping, despite fluctuations in order volume. To develop supply chain “nimbleness,” a company needs to consider different ways to guarantee customer satisfaction despite possible disruptions or sudden changes in the market. Here are some examples of staying on the cusp of consumer trends by having a nimble supply chain:
Integrating logistics automation and technology
Working with an amazing 3PL (cough, cough, Taylor)
Having a mix of parcel carriers
Cut costs
One essential part of running a successful eCommerce operation is finding ways to optimize logistics costs, including:
Warehousing and storage fees
Labor
Order fulfillment
Shipping + parcel costs
There are several ways you can optimize costs and keep your business nimble from sourcing products closer to home to reduce transportation costs to using an excellent 3PL partner like Taylor.
Get a 3PL partner
Cough, cough Taylor. But in all seriousness operating your own warehouse network, investing in technology, and improving operations is highly time-consuming and costly, and it doesn’t always directly tie to driving revenue. Taylor is a solutions-based third-party logistics provider that offers a full suite of supply chain services like fulfillment, packaging, kitting, FBA/FBM, transportation, drayage, and shipping. Partnering with #TeamTaylor can help you worry less about making your supply chain nimble, so you can focus more time on other initiatives, such as generating sales, product development, and marketing.
