Logistics service provider MonarchFx said Tuesday that it has added the third-party logistics provider (3PL) DHL Supply Chain and the supply chain software provider Softeon as partners. The company has also received outside funding to build five automated DCs in time to start shipping products for e-commerce clients for the 2018 holiday peak season.
MonarchFx has received funding to complete five Rapid Deployment MonarchFx Centers.
Customer expectations are changing as new sales outlets are being used. With the application of social media, omni-channel and e-commerce customers now have more price options, selections, delivery methods and shopping experiences. The ability of a business to keep the customer satisfied greatly depends on fulfillment capabilities.
Flow Retail Planning creates a seamless experience to-and-through each stage of the supply chain ensuring that the entire retail channel is a natural extension of the brand. Retailers working with their stakeholder partners can accelerate and optimize the entire customer journey by linking their IT solutions and by automating sales, marketing, and fulfillment processes. Thus, resulting in higher revenue, faster velocity between each process, and higher efficiency due to reduction in complexity, on both the demand and the supply sides of the supply chain. Retailers need to create an edge over their competition and the “Flow” process provides the platform through definition and mapping of each stage of the end-to-end processes. Flow Planning identifies each of the touch point’s retailers and their strategic partners utilize throughout the “end-to-end process” or from “design-to-delivery” to expand their business, layer on new opportunities, and partners, and ultimately optimize sales.
This paper addresses how “Flow Planning” works, how it changes the operations of retail in the digital age and how new and/or revised practices such as each picking are required best practices for order fulfillment.
Herman brings over 30 years of experience as a sales and marketing executive
Jim Tompkins, Chairman and CEO, MonarchFx is pleased to announce James Herman has been appointed as Senior Vice President, Business Development, MonarchFx.
As the world continues to move online, how we shop for our groceries also is changing.
Already two years ago, online grocery shopping studies found that one-third of primary grocery shoppers had bought groceries online within the past year, and that this trend was extending across all age groups. Brick Meets Click, a retail consultancy, surveyed U.S. consumers and reported that 1 in 5 of these shoppers was now an active user of online grocery services, and that these shoppers spend an average of 16 percent of their weekly grocery dollars online.