Fulfillment centers allow companies to outsource their warehousing needs so that the burden of physical space to store inventory is reduced. This benefits companies that find themselves unable to manage their inventory themselves. In this partnership, a fulfillment company receives products from a seller, manages and stores the products, and ships them to the customer.
NewStream’s fulfillment services take care of your backend logistics so you can focus on hitting your sales growth objectives. Our fulfillment warehouse has the capability to process orders of any size while currently maintaining a 99.9% accuracy rate.
Some of the most common inventory management problems businesses face are stockouts, overstocks, mispicks, and misships.
In all of these instances, efficiency in the supply chain is compromised, money is lost, and customer confidence is diminished. These common inventory management issues can be eliminated by partnering with a fulfillment center that can leverage 30 years of experience in order fulfillment solutions to successfully manage inventory and coordinate shipments.
Order fulfillment providers often have order fulfillment fees that are associated with fulfillment services offered, including inventory receiving, inventory storage, item picking, packaging, and processing returns. Another fulfillment cost option is having an order fulfillment fee which covers the costs of all the services required to fulfill an order.
Another “cost” of inventory fulfillment services comes in the form of loss of sales and customer confidence when fulfillment is mismanaged. Partnering with NewStream and leveraging our affordable fulfillment services ensures that your inventory is being managed by industry experts who will take care of fulfillment needs so you can focus on growing your business.
If you’re wondering, “How much does fulfillment cost?” the answer is that each project will have different fees. However, you can get a better idea of what fulfillment services will cost by contacting our fulfillment experts.
Typical 3PL pricing models for fulfillment services are shown below.
|Fulfillment Services||Model A||Model B|
|Receiving||By Unit||By Shipment|
|Storage||By Pallet||By Cubic Foot|
|Pick and Pack||By Unit||By Order|
|Kitting||By Hour||By Kit|
|Support||By Hour||Flat Rate|
Third-party inventory fulfillment services craft a customized, strategic plan for fulfilling orders. This order fulfillment process can include:
In addition, a fulfillment center like ours provides the benefit of being under the operation of a full-service logistics and supply chain management company that can help you scale up seamlessly in the future. As such, we offer solutions including contract packaging and kitting, assembly and sub-assembly, warehousing and distribution, and vendor-managed inventory.