Shiprocket vs Shyplite vs Wareiq: Detailed Comparison on 16 Parameters to Help You Choose the Best Fulfillment Partner in 2023
Choosing an eCommerce fulfillment company for your business is one of the most important decisions you will need to make as an eCommerce retailer. 3PL fulfillment companies bridge the gap between small, local firms and large, multinational behemoths by making the latest technologies and feature sets easily available to a wider audience for competitive prices. Firms need to provide these services to ensure that their customers have a good experience and that they do not fall behind the competition. However, it is not only retailers that have to adapt to changing situations.
As eCommerce grows, there are many new and emerging 3PL fulfillment companies that are bursting onto the scene. The 3 companies that we are featuring in this blog are some of the best options. We will delve deeper into the main differences between Shiprocket vs Shyplite vs WareIQ and help you select the best option for your eCommerce business.
- Shiprocket vs Shyplite vs WareIQ: Top 5 Reasons eCommerce Retailers Seek to Partner With 3PL Fulfillment Companies
- Shiprocket vs Shyplite vs WareIQ: About WareIQ
- Shiprocket vs Shyplite vs WareIQ: About Shiprocket
- Shiprocket vs Shyplite vs WareIQ: About Shyplite
- Shiprocket vs Shyplite vs WareIQ: Detailed Service and Feature Comparison on 16 Parameters [Updated 2023]
- Shiprocket vs Shyplite vs WareIQ: Why Do Companies Switch from Shiprocket and Shyplite to WareIQ for eCommerce Fulfillment in 2023?
- Shiprocket vs Shyplite vs WareIQ: FAQs
Shiprocket vs Shyplite vs WareIQ: Top 5 Reasons eCommerce Retailers Seek to Partner With 3PL Fulfillment Companies
eCommerce is filled to the brim with various costs and expenses that retailers have to incur. Whether it is eCommerce logistics, operations, marketing, fulfillment for eCommerce, or any other department, retailers have to constantly shell out money in order to be competitive. In many instances, small and medium-sized businesses lack the capital that they need to successfully compete with larger companies. 3PL companies provide a simple cost-cutting solution by offering essential services at a pre-determined price that is much cheaper than if sellers had to obtain all the same facilities independently. This will enable them to reduce logistics costs, and other costs involved and attempt to increase their profit margins in order to stay afloat.
Offload Logistics and Fulfillment Processes
Logistics and fulfillment encompass any and every activity that is involved in goods getting transferred from the manufacturer to the storage facility and ultimately, to the end consumer. This involves activities like transporting raw materials to the factory, transporting the finished goods to the fulfillment center, shipping the goods when an order is placed, and delivering the product to the doorstep of the customer. These activities can be quite strenuous as there are different companies in the mix for each procedure. 3PL companies consolidate all these processes and make sure that they are carried out smoothly and efficiently.
Get Access to Advanced Technology
Due to small and medium-sized eCommerce companies needing to operate on tight financial budgets, they often lack the necessary capital to invest in the technology needed to modernize their operations or conduct research into new innovations. However, while partnering with a 3PL company, all the latest technologies and services become instantly accessible. These facilities include WMS software, automated picking and packing, seamless eCommerce marketplace integration, and much more. This helps companies get on equal footing with their larger counterparts.
Gain a Competitive Advantage Over Their Rivals
Oftentimes, eCommerce companies only gain purchases from customers by the slimmest of margins over their competitors. However, if you are able to provide multiple unique selling points to customers in terms of order fulfillment, such as ultra-fast delivery or free shipping, they may have more of a reason to choose your company over another. Additionally, services such as branded order tracking and customised packaging add to the unique fulfillment experience that can be provided by your company if you partner with a 3PL.
Give Customers an Enhanced Experience
Ultimately, the sole purpose of partnering with a 3PL fulfillment company is to provide your customers with the best possible experience. Minor touches such as free shipping, the ability to track their orders and receive them on time can play a big role in the way customers view your business and their decisions on whether they would purchase from you again or not. By ensuring customers’ orders are delivered using the latest technologies and automations, the chances of them having a satisfactory experience is higher and the chances of a delay or unforeseen circumstance affecting the delivery are lower.
WareIQ, an eCommerce fulfillment company, empowers online brands with a superior-tech platform to compete with Amazon like service levels by bringing their average delivery timelines from 5-10 days to 1-2 days.
Shiprocket vs Shyplite vs WareIQ: About WareIQ
WareIQ is one of India’s emerging eCommerce fulfillment companies. Founded in 2019, the company is currently headquartered in Bangalore, Karnataka.
WareIQ is known for its implementation of advanced technology to tackle various eCommerce tasks and challenges. In addition to the conventional suite of eCommerce services, such as order fulfillment, inventory management, and last-mile delivery, the company also provides unique services, such as an in-house WMS that can integrate with several eCommerce selling platforms and automate important warehouse tasks, a custom app store with a simple interface and a large selection of productivity-enhancing apps, an RTO Shield to curtail the negative effects of returns on your business and much more.
The company has perks such as no minimum order quantity requirements and some of the most competitive rates in the industry.
Shiprocket vs Shyplite vs WareIQ: About Shiprocket
Shiprocket is one of the most successful shipping aggregators in India. The company’s inception was in 2012 and it is currently based in Delhi. Its primary offering is allowing online sellers to opt for the shipping company of their choice by considering their own objectives and other criteria. The company also provides multiple automation for various business operations.
Shiprocket’s current order volume comprises upwards of 200,000 orders per day. The company has a customer base that spans 200-plus countries. Additionally, the company also offers integrations with large eCommerce platforms and includes services such as order management and cost estimation, among others.
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Shiprocket vs Shyplite vs WareIQ: About Shyplite
Shyplite was founded in Delhi, in 2016 and is currently headquartered there. It is mainly a shipping aggregation platform that also provides various logistics and fulfillment services. The main draw to Shylite is its cost-effective shipping solutions and its reputation for competent customer support. They offer facilities such as an AI-powered recommendation, a variety of payment methods and order tracking. They currently service over 25,000 pin codes in the country, with more planned for the future.
Suggested Read: Nimbuspost vs Shiprocket vs WareIQ
Shiprocket vs Shyplite vs WareIQ: Detailed Service and Feature Comparison on 16 Parameters [Updated 2023]
|Core Business||All-encompassing fulfillment solutions such as inventory storage, warehouse management, shipping, last-mile delivery, eCommerce marketplace integration and much more.||Shipping aggregation and logistics||Shipping aggregation and logistics|
|Unified OMS & WMS|
(Fulfillment Tech Stack)
|Smart Inventory Placement||Yes, enables same/next-day delivery|
and prevents inventory bloat
|AI-based Inventory Forecast & Replenishment||Yes||No||No|
|Periodic Reports for Inventory Planning & Management||Yes||No||No|
|Fulfillment Centers||Yes, managed in-house||Yes, outsourced FCs||No|
|Integration with Top|
(Last Mile Delivery)
|RTO Prediction & Insurance||Yes, with insurance claims managed internally||No, but RTO management through WhatsApp notifications available||No, but RTO management is available|
(Post Ship Experience)
|Key Account Manager|
(Customer-Success Led Seller Enablement Services)
|SPF Claims Filing||Yes||No||No|
Shiprocket vs Shyplite vs WareIQ: Why Do Companies Switch from Shiprocket and Shyplite to WareIQ for eCommerce Fulfillment in 2023?
The choice between Shiprocket vs Shyplite vs WareIQ is a difficult one. All 3 companies provide exceptional services to help with any and every eCommerce requirement imaginable. However, there are notable differences in pricing, facilities offered and flexibility of each company. As an eCommerce retailer that wants the most value out of your investment, we suggest that you ascertain your requirements and note down your short-term and long-term goals in order to make the best possible decision. However, if you need to a 3PL company that ticks all the boxes and doesn’t put too much strain on your wallet, we recommend partnering with WareIQ.
WareIQ offers a whole host of eCommerce solutions, some of which are mentioned below:
- We offer a nationwide fulfillment center and dark store network and provide intelligent inventory placement suggestions to help you store your inventory closer to your customers
- We enable eCommerce marketplace integrations with more than 20 online selling platforms, such as Amazon, eBay, Flipkart, and more, through our custom WMS
- We provide real-time updates to your order and inventory data, across platforms and fulfillment centers, in a single dashboard
- We provide an AI-based inventory optimisation SaaS tool that prevents understocking & overstocking situations
- We offer custom packaging facilities where you tailor every component, such as the design, logo and materials, to your liking
- We provide reverse logistics assistance and have an RTO Shield that insures every product against the potential damage caused by returns
- We have a robust team of customer success experts that offer 24×7 customer support for timely resolution of customer queries
Suggested Read: iThink Logistics vs Shiprocket vs WareIQ: Which is the Best Option for a Fulfillment Partner for eCommerce in 2023?