When customers place orders online, they anticipate a new norm in terms of delivery time. Amazon and other industry leaders have set the bar for same-day delivery by streamlining their supply chains. Same-day delivery has the potential to completely change the way people shop. This is the pinnacle of online shopping. It blends the convenience of online buying with the “now and now” quickness of brick-and-mortar stores.
A rising number of businesses are testing new same-day delivery methods. Logistics companies like FedEx, UPS, and DHL are among them. Amazon and Walmart continue to invest extensively in their supply networks in order to provide consumers with the fastest shipping alternatives possible.
How you can optimize your supply chain for same-day delivery
The goal of a company’s supply chain is to connect production with product sales, distribution, and shipment. To increase revenue, it’s critical to optimize production processes. This will eliminate unused warehousing and product shortages, both of which can harm consumer pleasure.
The best-case scenario would see things sold and transported within 24 hours of clearing the facility, maximizing earnings. In the actual world, this is impossible. You may alter and optimize your supply chains to fulfill same-day shipping expectations in a few ways. Let’s look at each of them in more detail:
Assess realistic demands
Same-day delivery necessitates careful inventory management. You must first examine your true demand before deciding to offer same-day delivery. To do so, you must first answer the following questions:
- Do you sell things that buyers need right away, like last-minute presents or groceries?
- How frequently do you get requests for same-day delivery?
- Do you have the capability of providing same-day delivery in a specified location?
- You should also evaluate your current staffing levels and delivery channels.
If the assessment indicates that your clients want same-day delivery, you have two choices: either handle the entire process yourself or outsource fulfillment to third-parties (3PL).
If you decide to keep your process in-house, you’ll need to develop an integrated supply chain to keep things running smoothly and consistently satisfy customers. Third-party operations, on the other hand, have several advantages: they save time and money, they increase your reach, and they are scalable and flexible depending on demand.
Utilize distributed order management (DOM) systems
Companies that provide same-day delivery must have a central supply chain management system. Customers that purchase through many sources require a distributed order management solution. DOM provides a complete picture of your inventory, orders, and shipping. This allows you to track and monitor the status of your products from manufacture through delivery.
Effective software for a distributed order management system (DOM) comprises software that prioritizes automation and system integrations. Companies can maximize fulfillment by automating fulfillment, and system interconnections turn DOM systems into centralized hubs that manage all fulfillment processes.
Continuous development of the supply chain
It’s not over once you’ve developed a solid SCM. Continuous monitoring and evaluation are important aspects of having an efficient SCM.
Constantly looking for ways to improve and innovate guarantees that considerable cost savings are realized, as well as increased speed to market and the highest levels of customer service. Continuous improvements are required in a world that is continuously evolving.
Never stop looking for ways to make things better!
Use new technologies to your benefit
Today’s technology plays a critical role in strengthening SCM. Successful organizations, for example, streamline their SCM by installing a competent Warehouse Management System (WMS).
WMS makes it simple to track, document, and analyze your SCM’s success over time. It improves data collection and uses data analytics to deliver valuable insights.
Companies that want to reach a high degree of SCM should invest in transportation management software as well. The adoption of computerized shipping and tracking systems allows all operations to be managed from a single location.
Furthermore, such a panel may be installed on your mobile device, allowing you to organize your inventory data, control shipping, monitor distribution, and so on – all from the comfort of your office or on the road.
Technology allows businesses to remove time-consuming manual intervention and accelerate decision-making. Technology-driven SCMs, it is arguable, play a significant role in assisting organizations in gaining a competitive advantage.
Create a functional warehouse
Businesses must ensure that their warehouses are properly prepared when modernizing their supply chain to enable same-day delivery. A warehouse management system (WMS) is required to satisfy delivery deadlines.
A brief period of waving Many organizations utilize a warehouse management system (WMS) to better organize their facilities. Orders are divided into smaller intervals called “waves” by short-interval waving. Based on order characteristics and order departure plans, labor limits, and equipment constraints, this replicates a day’s workflow.
Only a satisfactory plan will be accepted by the WMS and waves will be released throughout the day. This technology enables actions to be coordinated in order to ensure same-day delivery of huge volumes of goods.
Don’t undervalue the importance of a solid returns management system. It’s much more than just making your organization function more smoothly. It has a significant impact on customer perceptions of the brand, company, and products.
A positive product return experience can lead to increased future purchases and referrals from a consumer, as well as increased profit for the company.