Amazon FBA vs Amazon 3PL: Pros and Cons

July 25, 2023

Amazon provides the Fulfilment by Amazon (FBA) service so that independent merchants can automate their order fulfilment and delivery processes. The idea is straightforward: Amazon ships, and sellers sell.

Anyone with a seller account on Amazon has the option of delegating all shipping tasks to Amazon, including returns and refunds, product storage in Amazon’s warehouses, selecting and packaging, and more. Amazon 3PL solution might be useful if you are the owner of an online store with limited storage space or if you recently started an online store and don’t want to handle inventory and distribution.

Amazon receives the goods from the sellers and stores them all before processing the orders as they come in. The rest is taken care of for you as long as you manage the sales and make sure Amazon is kept supplied with your items.

FBA Penalty Fees

Online merchants that are thinking about adopting Fulfilment by Amazon (FBA) may want to think about storing and delivering their goods to Amazon.

However, the regulations for shipping items to Amazon are convoluted and frequently alter. A merchant’s items may no longer be accessible on Amazon due to a variety of faults.

These activities can result in fines, suspension from selling on Amazon, or even minor punishments like being suspended for a few hours.

Products will be sent to the “problem-solving area” with even one of these errors, where they may languish for two hours, two days, or even longer. If Amazon sellers make several mistakes, they could have to pay fees to exit the problem-solving section.

Recycling boxes are practical and ethical but make careful to erase, write out with a black Sharpie, or conceal any remaining barcodes with tape or permanent stickers. That box will go to the section where problems are solved if Amazon must infer which label is the correct one.
There must be one barcode for each item in the package. Additionally, each of those barcodes must be specific to the shape and colour of that one item on the Amazon site.
Keep boxes under 50 pounds (23 kg) or as light as possible. Sellers run the danger of being prohibited from delivering any product at all if they frequently break these regulations and submit hefty shipments. No stock, no sales.
Shredded paper, grass, and other loose packaging items are not permitted by Amazon. Use air pillows, huge sheets of 60-lb. weight kraft paper, or polyethene foam sheeting to block access to the problem-solving section, which has a specific vacuum for such items.

Amazon 3PL

When compared to using a warehouse, space will run out more quickly if you operate from home. As your firm grows, you can potentially take up all of your warehouse space.

As you approach your threshold, completing orders could become more difficult and expensive, especially for large or heavy goods. It costs money and takes time to run goods to UPS or FedEx many times each day.

You can overcome challenges like these and expand more quickly without compromising the client experience with the aid of an Amazon 3PL solution.

This information may be useful if you’re debating whether to hire a third-party logistics provider. Let’s go through what Amazon 3PL is and how to tell if it’s the best course of action.

The Procedure For Amazon 3PL Order Fulfillment

Receiving	Without inventory on hand, a 3PL cannot ship orders. Receiving in Amazon 3PL warehouse refers to both receiving incoming merchandise and storing it. Each 3PL has its processes and spaces for receiving and storing merchandise.
Warehousing	After receiving your inventory, Amazon 3PL keep your items in 3PL fulfilment facilities. Whether it be a shelf, a container, or a pallet, every SKU has its exclusive storage area.
Picking	Once a consumer puts an order, the Amazon 3PL fulfilment procedure may begin. You may have heard the phrase “pick-and-pack fulfilment,” which consists of two parts. This is the first part. You must manually upload orders to some 3PLs’ databases. With your marketplace or eCommerce platform, other 3PLs may smoothly incorporate their cutting-edge technologies.
Packing	It’s time to pack an order securely for delivery once every item has been chosen for it. The packaging materials utilized will depend on your Amazon 3PL’s capabilities, brand preferences, and shipping commodities.
Shipping	Following this, your purchase will be sent. Most 3PLs will purchase and print shipping labels on your behalf. Other 3PLs have preferred carrier partners, while some 3PLs assess shipping costs from several carriers. With the latter, 3PLs may provide consumers with the most affordable prices for the delivery speed that they individually choose.
Returns	Many 3PLs also provide return processing services. If a consumer returns an order to your 3PL, they will handle the return and, by their policies and preferences, either replenish the item or discard it.

Pros of Amazon FBA

Customer support

One of the benefits of Amazon FBA is that Amazon handles all customer support and reverse logistics issues for orders that are fulfilled through the programme.
If you’ve ever used Amazon to return something, you are aware of how simple the returns procedure is.
Live chat, phone, and email are just a few of the ways customers may get in touch with employees. Additionally, when it comes to refunds, you as the business owner don’t need to worry about a thing.

Transparent fee structure

Amazon’s fees are very open, even though they can occasionally be expensive and confusing. There are no paywalls or small print.
Even down to the category level, Amazon’s charge structure is highly transparent.

Multiple channel fulfilment

Using the inventory kept in Amazon’s fulfilment centres to fill orders from other channels is one of FBA’s competitive advantages.
Yes, this implies that you may use your Amazon inventory to fill orders if you offer goods on your website.
Even while you won’t receive the same benefits from Prime as you would if you sold on Amazon’s marketplace, FBA customers nonetheless stand to gain significantly from it.

Cons of Amazon FBA

No order customization

The appearance of an Amazon shipment is well-known to everybody. the well-known brown box with the blue stripe and the Prime logo.
It is now a common feature on virtually all American front porches.
But if your company prides itself on offering customers a distinctive, personalised unpacking experience, Amazon FBA is just out of the question. Amazon does not provide personalised branding, unique inserts, or unique packaging.

Limited access to Amazon’s team

Because of their scale, Amazon just cannot afford to provide each of its FBA clients with personalised attention.
This will be a major issue for people who require a lot of assistance when learning 3PL. There is just one hotline account, and there are no specific account managers to aid you along the way or come up with a plan.
Amazon FBA might not be for you if you value being able to contact a live person at any time.

No customer interaction

On the other hand, during a transaction, you hardly ever engage with your consumers. If developing personal connections with your clients is vital to you, Amazon FBA might not be the right choice.
You have more control and management over your consumer base with several smaller 3PLs.
Even if you still have other methods to reach your consumers (such as your email list, social media following, and other channels), if you base your business entirely around Amazon, you’ll probably connect with your customers far less frequently.

Pros of Amazon 3PL

More control over warehousing and fulfilment strategy

Many smaller 3PLs will genuinely work with you to plan your storage and fulfilment strategy rather than just delivering your items to Amazon and leaving them to handle the rest.
This might entail assisting you in distributing your goods in certain regions or entering new markets.

More personal attention to your business

Smaller 3PLs are aware that their infrastructure cannot match Amazon’s. What they lack in scale, however, they make up for with individualised care and customised solutions.
Many 3PLs will provide you with a dedicated account manager to work with you on strategy development, growth management, and logistical problems.

Brand-building freedom

This is perhaps the largest advantage of using an Amazon 3PL rather than Amazon FBA for business owners that truly want to develop a brand rather than merely a product.
You are not constrained by the restrictions of Amazon’s closed system, even though it does involve more work on your behalf (more on that in the disadvantages section).
You may create your website, handle your marketing, and closely track and interact with your audience, among other things.

Cons of Amazon 3PL

Startup fees

While most 3PLs can’t afford to accept your fees on the back end, Amazon 3PL can. That implies that they will have to impose certain up-front fees to make the agreement profitable for them.
This might take the form of a recurring monthly fee, an upfront setup cost, or various forms of payment that differ from provider to provider.
If you lack the necessary funds, Amazon 3PL might not be available to you at this stage of your business.

Less flexible with sales fluctuations

You can’t hit Amazon with a curveball. Their employees, strategy, and fulfilment technologies are so cutting edge that they can easily handle any amount of sales fluctuations for your items.
Smaller Amazon 3PL have fewer resources, including staff, equipment, and storage space. They might not have the resources to help you if you have a significant holiday surge.

Potentially slower shipping speeds

Thanks to its infrastructure, Amazon can transport packages quickly. Amazon 3PL might not be able to match this, especially if they have fewer fulfilment sites.
Your ability to convert or keep consumers may suffer as a result of this slow shipment.

Conclusion

Amazon provides the Fulfilment by Amazon (FBA) service so that independent merchants can automate their order fulfilment and delivery processes. Online merchants that are thinking about adopting Fulfilment by Amazon (FBA) may want to think about storing and delivering their goods to Amazon. Amazon 3PL solution might be useful if you are the owner of an online store with limited storage space or if you recently started an online store and don’t want to handle inventory and distribution.

Supercharge your fulfilment with WareIQ now, contact our team.

Import Export Code Registration : Your Gateway to Global Trade

All businesses in India with cross-border transactions must get identification from the Indian government for regulatory compliance and legal processes. It ensures that they abide by respective regulations and laws related to foreign trade. That is what Import Export Code Registration /licence is all about. It is a 10-digit unique identity number issued by the Director General of Foreign Trade (DGFT) India to authorise a business for cross-border imports and exports. Without an IEC code, customs clearance is impossible, and foreign trade is prohibited. Therefore, it is crucial for new businesses aspiring to global markets to register for import-export codes in India. This blog post provides relevant details. Eligibility for Import Export Code Registration The IEC certificate in full form is the Import Export Code Certificate. Any business that is proprietorship, partnership, limited liability partnership, trust, limited company, hindu society or undivided families can apply for DGFT IEC code. Businesses or individuals involved in importing or exporting goods as part of their business activities must obtain a DGFT IEC license number. In the case of services, if service providers have clients abroad and they're availing the benefits of Foreign Trade Policy, getting an IEC code is mandatory. IEC Code Exemption An IEC code is not required for imports and exports related to personal purposes. Cross-border transactions performed by Indian government departments, ministries and selected charitable institutions do not need an IEC licence. Some traders with GST registration do not need IEC. Importing gifts and samples within prescribed limits does not call for an IEC code. If the import is part of the service provision, then an import-export certificate is not necessary, e.g., for software imports. Importing from SEZ (Special Economic Zones) to DTA (Domestic Tariff Areas) within a country is exempt from IEC registration. Documents Required for IEC Code Registration PAN card of the business holding. Address proof of the applicant/business holding. Business registration/certificate number. Bank account of business entity with a Cancelled cheque. Passport-size photograph of the applicant. Identify proof of the applicant (Aadhaar/Voter ID Card/Passport). Import Export Code Registration Procedure DGFT import export code registration online can be done by submitting necessary documents. To apply for IEC code, follow the below steps. Step 1: Visit the government portal of DGFT– dgft.gov.in. Step 2: Go to “Register for your IEC” section and click on “Apply for IEC” Step 3: Select the registration tab for a fresh application. Enter the necessary details to complete registration. Already registered users can login directly. Input OTPs received by email and phone number to validate. After successful verification, a temporary password will be sent. Use that for the first time DGFT login and change it afterwards. The IEC code registration form becomes available. Start filling it out. It usually asks about the type of business (proprietor/partner/director/Karta/managing trustee), bank information, and other details. Submit the required documents as mentioned above. Fill the “ANF2A” (Aayat Niryat Form 2A) form. Pay applicable DGFT India fees. After the application form is successfully completed, it will be sent to the DGFT for verification of documents and details. Based on the verification outcome, the application for DGFT IEC code registration may be approved or rejected. In case of approval, an IEC code is issued. For online applications, the DGFT IEC code will be issued through e-IEC. An email will be sent about its availability on the registered DGFT account. Timeline The DGFT India, in association with the income tax department, completes real-time verification of the IEC application. Upon approval, an IEC code certificate is typically issued within a day. Import Export Code Registration Fees in India The fees for Import Export Code Registration in India are very nominal. The IEC code registration is complete only after the payment of fees. Applicants can make the payment through Credit/Debit cards, net banking, and UPI. Import Export Code Registration India Fees TypeFeeIEC Code Registration Fees₹500Professional Fees₹999Filing at DGFTNilAayaat Niryaat Form 2ANilTotal₹1499IEC Registration India Fees DGFT IEC Code Renewal The import-export certificate is forever valid. However, annual updates are necessary to keep the code activated. Every year, businesses must consider their IEC code renewal between April and June. At other times, additional fees are applicable. Since 2021, the Indian government has made the renewal mandatory after import-export code registration with DGFT. Otherwise, such businesses will be classified as “Deactivated” for foreign trade. They must follow the required procedures to “reactivate.” While the procedure remains mostly the same for DGFT IEC renewal, the previous IEC Code licence number may be required. Benefits of IEC Code License The IEC license is mandatory to perform imports and exports through customs. The Indian government offers various benefits to businesses with the IEC code, such as tax benefits, incentive schemes, etc. Businesses can enter into global markets to showcase and sell their products. Increased trust from global customers, suppliers, banks, etc., due to certification. The unique IEC code allows tracking of all cross-border transactions, eliminating the room for fraud. Businesses with IEC registration automatically become compliant with various import-export regulations, including regular updates. Because of access to various opportunities, businesses with IEC will also offer a good customer experience. The Use of IEC Code in Exports The import-export certificate must be produced along with the following documents for gaining clearance for cross-border exports. Bill of Lading: A document from the shipping company to track and transfer ownership of goods. Commercial Invoice: Lists exported goods, quantity, price, and payment terms, issued by the exporter. Packing List: Info on shipment contents and quantities, issued by the exporter. Customs Declaration: Submitted to customs, declares imported/exported goods, their value, and purpose. Related Read : What is Goods Received Note (GRN) Conclusion Every business holding in India intending to perform foreign trade must get an IEC code from the DGFT. It is not only mandatory for regulatory compliance and customs clearance, but establishes them as a trustworthy business in the international markets and gains a global customer base. As discussed above, imports and exports for personal purposes do not need IEC. However, when the business purpose is involved, the import-export certificate is mandatory, irrespective of the scale of the business. Frequently Asked Questions Can I cancel DGFT IEC code for my business?IEC holders can cancel their Import-Export Code by filing an online surrender request on the DGFT website, submitting documents, and completing the application to revoke future export/import transactions.How to download an IEC certificate?To download the IEC certificate PDF, log in to the DGFT website. Navigate to Services > IEC > Manage IEC, verify details, and click 'Print IEC'.Is IEC license enough to perform exports from India?While the Import-Export Code (IEC) is a crucial document for exporting from India, it is not the only requirement. Depending on the product category, shipping mode, destination country, and other factors, exporters must obtain additional mandatory documents and licenses.Is the IEC certificate valid throughout India?The IEC (Import-Export Code) is a unique identification number applicable across India for your import-export business.

May 13, 2024

Demystifying Goods Received Note (GRN): A Comprehensive Guide

Organisation is the pillar of effective inventory management in any organisation. For larger organisations, the risk of error is high without a systematic process for every transaction. That is where a GRN plays a role. A GRN, in its full form, is a Goods Received Note, which is document-proof for goods sent by suppliers as mentioned in the purchase order. The GRN (Goods Received Note) contains product details such as type, cost, quantity, and quality checks. While it serves as an acknowledgement between suppliers and receivers, it is a future reference in case of conflicts and dispute resolution. Let’s learn about the GRN herein. What is the GRN Receipt A GRN receipt is a crucial document that confirms the receipt of goods between suppliers and vendors. GRN stands for Goods Received Note. It is an important record for inventory management. Vendors issue GRN receipts to suppliers after the reception of goods, confirming the quantity, nature, and condition of the goods. If the goods are damaged, receivers can inform the suppliers at this stage. In that case, a GRN receipt will be issued after verification and adjustments. The GRN document applies only to tangible goods, not to intangible services. As simple as it may sound, it involves multiple stakeholders, inter-departmental approvals, deadlines, and other intense manual tasks. Structure of GRN Format Header: Includes details of company name, a unique GRN number, and the date of receipt. Supplier Info: Name, address and contact details of the supplier. Delivery Details: The date and time of delivery, the mode of transportation, and any special instructions followed for delivery. List of items: A detailed list of all items along with product descriptions, quantity, unit price, item codes, and total value of the products. Quality Checking Section: Some GRN formats include information about the condition of the goods received, good or damaged. Signatory: Signatures of authorised personnel from both suppliers and receivers to acknowledge and verify GRN details. Source: stabnet.org GRN Issuance Process The receiving department or warehouse receives the goods from the supplier or vendor. They inspect the received goods and check them against the purchase order or shipping documents. It is to ensure they are accurate in quantity, product specs, and condition. Any discrepancies, such as shortages, damaged goods, or incorrect items, are recorded for further action. A GRN is prepared manually or by a software system. It contains details. For example, the order number, supplier name, item descriptions, and received quantities. It also includes the date of receipt and any noted discrepancies. Authorised personnel review and approve the GRN. They are usually from the receiving department or inventory team. Receivers give copies of the approved GRN to relevant departments. These include purchasing, accounts payable, and the supplier. The inventory records reflect the received goods and their quantities by updating them based on the information in the GRN. The GRN serves as a reference document for reconciling the supplier's invoice. Benefits of GRN Receipt Delivery Acknowledgement: GRN primarily acknowledges the successful receipt of goods by vendors. It closes the transaction. Future Reference: A GRN is a crucial document for future reference for both vendors and suppliers. It serves as proof for any dispute resolution, warranty and returns claims in future. Quality Check: Vendors will perform quality checks on the goods received and inform the suppliers if there are any issues. Inventory Management: GRN enables businesses to monitor stock levels and effectively plan restocking. Additionally, inventory managers can cross-check received products against ordered items, preventing unauthorised goods from entering the inventory. Accounting: The GRN document enables accountants to validate inventory balances and verify purchase entries in the stock ledger without having to request procurement details from the warehouse or managers. Cost Tracking: By recording the quantity and value of goods received, GRNs assist in tracking the cost of inventory, which is useful for accounting and financial reporting purposes. Legal Compliance: In certain industries or jurisdictions, issuing GRNs may be a legal or regulatory requirement. So, they ensure compliance with accounting standards, tax laws, or other regulations. On-time Payments: GRNs facilitate the timely processing of vendor payments by providing a record of goods received. Once the goods have been verified and accepted, vendors can authorise payment. Supplier Performance Evaluation: GRNs are a record of vendor performance, including delivery times, quality of goods received, and any discrepancies. They can be used to evaluate and manage supplier-vendor relationships. Who Prepares Goods Received Note The Goods Received Note (GRN) is typically prepared by the receiving department or the stores department of a company when they receive goods or materials from a supplier or vendor. It is an internal document that serves as proof of receipt and acts as a cross-reference for the subsequent processing of the supplier's invoice. Challenges with GRN Receipts Delayed GRN issuance due to time taken for quality checks, especially in larger organisations where turnaround time can take a week. Lack of communication regarding quality issues leads to bottlenecks in issuing GRNs in larger organisations. Potential discrepancies and errors among the ordering, procurement, and supplier teams halt the GRN and invoice generation process. The manual and tedious process of managing GRNs, including issue resolution and communication across teams, results in a high administrative workload. GRN systems do not integrate with other software like inventory management, accounting, or ERP systems. Tedious manual data entry increases the risk of errors. Companies with a high volume of transactions need help to store and retrieve GRN receipts. This is true for companies that maintain records for extended periods. Methods of Automating GRN Process The automation of the entire GRN issuance process needs to be improved. However, with the help of available technologies, it is possible to expedite many intermediate processes. It ultimately speeds the GRN issuance while reducing the risk of manual errors. Barcode Scanners: Using barcode scanners or radio-frequency identification (RFID) technology to automate verifying and recording the received goods against the purchase order. Optical character recognition (OCR): OCR technology can automate the extraction of data from shipping documents or invoices, reducing manual data entry and errors. Electronic data interchange (EDI): Establishing an EDI system with suppliers can enable the automatic exchange of purchase orders, shipping notifications, and GRN information. Cloud-Solutions: Adopting cloud-based GRN solutions can provide centralised access, real-time updates, and improved collaboration among stakeholders, regardless of their location. Streamlining Workflow: Implementing workflow automation tools can streamline the review, approval, and distribution processes for GRNs, reducing delays and ensuring timely communication among departments. Conclusion In essence, GRNs serve as crucial documentation for receiving goods, acknowledging delivery, and facilitating inventory management and accounting processes. However, we learn that issuing GRNs can be challenging, especially for larger organisations. It results in delayed responses, communication gaps, recording errors, and a need for more automation or integration with other systems. Addressing these challenges through standardised procedures, training, automation and technology adoption can streamline the GRN process. Related read: Purchase Order Fulfillment Strategies for Blinkit FAQs About Goods Received Note What is GRN full form in SAP?In SAP, the full form of GRN is a Goods Receipt Note. It is a document that records the receipt of goods from vendors or suppliers.What is GRN in accounting?GRN accounting refers to the Goods Received Note.What is the GRN example?A Goods Received Note (GRN) is a document that confirms the receipt of goods from a supplier. It records the items delivered, allowing the buyer to verify if the received goods match the order.What is the difference between GRN and Purchase order (PO)?A Purchase Order (PO) is a document issued by the buyer specifying the products, quantities, and prices for the seller to provide. A Goods Received Note (GRN) confirms the receipt of goods and is typically compared against the PO before payment is made to the seller.

May 10, 2024

Cost-Effective Purchase Order Fulfillment Strategies for Blinkit Sellers

As a prominent quick commerce platform in India, Blinkit has revolutionised the way sellers engage with customers, offering unparalleled convenience and efficiency. In this article, we aim to equip Blinkit sellers with the knowledge and strategies necessary to optimise their PO fulfilment processes and drive business success. Throughout this guide, we'll delve into essential tactics and approaches that Blinkit sellers can leverage to enhance efficiency, minimise costs, and maximise profitability. From understanding the intricacies of the Blinkit seller ecosystem to implementing practical strategies for streamlined order processing, our goal is to provide actionable insights that empower sellers to thrive in the Blinkit competitive landscape. Let's embark on this journey together and unlock the potential of cost-effective Purchase Order Fulfillment Strategies for Blinkit Sellers. Understanding the Blinkit Seller Ecosystem At the heart of Blinkit's seamless operations lies its robust seller ecosystem, designed to facilitate smooth interactions between sellers and the platform. The journey begins with Blinkit's seller onboarding process, where aspiring sellers are welcomed into the Blinkit community and guided through the steps necessary to establish their presence on the platform. This onboarding process is meticulously curated to ensure that sellers are equipped with the knowledge and resources needed to navigate Blinkit's dynamic marketplace effectively. Once onboarded, sellers seamlessly integrate their inventory and product listings into Blinkit's platform, gaining access to a vast network of customers eager to engage with their offerings. Blinkit's integration process is designed to be user-friendly and intuitive, enabling sellers to showcase their products to a broad audience with ease. By providing a seamless onboarding and integration experience, Blinkit empowers sellers to focus on what they do best – delivering exceptional products and services to their customers. With Blinkit's support, sellers can embark on their journey with confidence, knowing that they have a trusted partner by their side every step of the way. Cost-Effective Purchase Order Fulfillment Strategies for Blinkit Sellers Effective fulfilment of purchase orders (PO) is crucial for Blinkit sellers to meet customer demands efficiently while minimising costs. Here are several strategies to optimise PO fulfilment and drive profitability: Optimise Inventory Management Utilise Blinkit's inventory tracking and forecasting tools to maintain optimal stock levels. By accurately predicting demand trends, sellers can avoid overstocking or stockouts, reducing storage costs and maximising sales opportunities. Streamline Order Processing and Fulfillment Automate PO generation and submission to suppliers to streamline the ordering process. By leveraging Blinkit's integrated systems, sellers can expedite order processing, reduce manual errors, and ensure timely fulfilment, enhancing customer satisfaction. Leverage Blinkit's Seller Tools and Features Take advantage of Blinkit's built-in PO management and tracking features to monitor order status and track shipments in real time. These tools enable sellers to maintain visibility throughout the fulfilment process, allowing for proactive management and resolution of any issues that may arise. Negotiate Favorable Supplier Agreements Establish strong relationships with reliable suppliers and negotiate favourable terms and pricing. By cultivating partnerships based on trust and collaboration, sellers can secure competitive pricing, reduce procurement costs, and improve overall profitability. Analyse and Optimise PO Fulfillment Processes Continuously track key performance metrics such as order fulfilment rate and delivery times to identify bottlenecks and areas for improvement. By analysing data-driven insights, sellers can refine their PO fulfilment processes, streamline operations, and drive continuous improvement. By implementing these cost-effective PO fulfilment strategies, Blinkit sellers can enhance operational efficiency, reduce costs, and deliver exceptional service to customers, positioning themselves for long-term success in the Blinkit marketplace. Case Studies: Successful PO Fulfillment Strategies on Blinkit Case Study 1: TechMart Electronics Challenges TechMart Electronics, a leading seller of consumer electronics on Blinkit, faced challenges in managing its inventory effectively due to unpredictable demand fluctuations. They often struggled with overstocking certain products while experiencing stockouts for high-demand items, leading to lost sales opportunities and increased storage costs. Solutions: To address these challenges, TechMart Electronics implemented Blinkit's advanced inventory tracking and forecasting tools. By analysing historical sales data and market trends, they developed accurate demand forecasts and optimised their inventory levels accordingly. Additionally, they automated their replenishment processes, ensuring timely restocking of popular items. Results: With Blinkit's inventory management solutions, TechMart Electronics achieved remarkable improvements in its operations. Moreover, its storage costs decreased significantly as it efficiently managed its inventory levels. Case Study 2: FashionFusion ApparelChallenges FashionFusion Apparel, a prominent clothing brand on Blinkit, faced challenges in streamlining its order processing and fulfilment workflows. Manual PO generation and submission processes led to delays in order fulfilment, affecting their ability to meet customer expectations for timely delivery. Solutions: FashionFusion Apparel leveraged Blinkit's integrated order management system to automate its PO generation and submission processes. By integrating its internal systems with Blinkit's platform, it streamlined its order processing workflows and reduced the need for manual intervention. Additionally, it utilised Blinkit's real-time tracking features to monitor order status and ensure on-time delivery. Results: By adopting these streamlined processes, FashionFusion Apparel achieved significant improvements in its order fulfilment efficiency. They reduced order processing time significantly and improved their order accuracy rate, leading to higher customer satisfaction levels. Additionally, their sales revenue increased as they were able to fulfil orders faster and more reliably. These real case studies demonstrate how TechMart Electronics and FashionFusion Apparel successfully implemented cost-effective PO fulfilment strategies on Blinkit, resulting in tangible improvements in their operations and business performance. You may also like to read: Purchase Order Challenges on Instamart: Solutions and Best Practices (2024) Conclusion In conclusion, effective purchase order (PO) fulfilment strategies are crucial for Blinkit sellers to remain competitive and profitable in the fast-paced world of e-commerce. By understanding the Blinkit seller ecosystem, optimising inventory management, streamlining order processing and fulfilment, and leveraging Blinkit's seller tools and features, sellers can overcome common challenges and achieve success on the platform. Frequently Asked Questions How can sellers onboard and integrate with Blinkit's platform?Sellers can easily onboard and integrate with Blinkit by registering on the platform and following the step-by-step integration process outlined in the seller portal.What are some common challenges faced by Blinkit sellers in PO fulfilment?Common challenges include order inaccuracies, inventory management issues, delayed order processing, and communication gaps with suppliers.How can sellers optimise inventory management on Blinkit?Sellers can optimise inventory management by leveraging Blinkit's inventory tracking and forecasting tools, automating replenishment processes, and maintaining optimal stock levels.What benefits do sellers gain from leveraging Blinkit's seller tools and features?Sellers can benefit from improved order processing efficiency, streamlined workflows, real-time order tracking, and access to data analytics for informed decision-making.How can sellers analyse and optimise their PO fulfilment processes on Blinkit?Sellers can track key performance metrics such as order fulfilment rate and delivery times, identify bottlenecks, and continuously refine their processes based on data-driven insights.

May 09, 2024