The critical components of eCommerce success

By Paul Kelly in News Posted: 18th, October, 2024

As eCommerce sales are projected to double by 2026, competition is intensifying and to thrive in this growing market, a sharp focus on customer experience, technology, and, critically, the supply chain is essential.

The rise in competition, driven by low barriers to entry, means businesses must evolve beyond traditional growth tactics. While tech-savvy start-ups and digital-first companies continue to enter the market, even more established retailers are pushing to modernise. This crowded landscape demands innovative strategies to differentiate and meet customer expectations, particularly in terms of seamless, frictionless shopping experiences.

However, none of these efforts can succeed without a robust and optimised supply chain. The ability to deliver quickly, efficiently, and cost-effectively is often the difference between success and failure in eCommerce. Therefore, businesses must prioritise supply chain performance as a critical factor in their growth strategies.

Personalising the customer journey
With over 60% of consumers seeking tailored experiences from the brands they engage with, businesses need data-driven insights to understand preferences, to personalise products, services, and marketing strategies.

By connecting supply chain systems with customer data, businesses can quickly react to demand shifts, ensure product availability, and deliver customised offerings in record time.

Omnichannel consistency
Offering a seamless omnichannel experience is now a fundamental requirement for eCommerce success. Customers expect the freedom to shop via their preferred channels, whether online, in-store, or through mobile, with an interconnected, transparent supply chain.

To deliver a unified experience across all touchpoints means synchronising inventory management, order fulfilment, and distribution across all platforms and locations. A well-orchestrated supply chain ensures customers can shop effortlessly, with confidence that their orders will be fulfilled accurately and on time.

Operational efficiency
In an era of rising costs, operational efficiency is critical to maintaining profitability and businesses must leverage data to streamline processes. With real-time data from transactional, social, and internal business systems, companies can make smarter decisions, from forecasting demand to optimising inventory levels.

By automating workflows such as inventory tracking, order processing, and warehouse management, businesses can reduce manual errors, cut costs, and improve fulfilment times. This level of efficiency not only protects margins but also enhances the customer experience by ensuring swift and reliable service.

Supply chain excellence: a key to sustainable growth
A well-optimised supply chain is crucial to meeting the demands of seasonal peaks, sudden spikes in sales, and the increasing expectations of today’s consumers. By closely monitoring the entire supply chain, from marketing initiatives to fulfilment processes, businesses can identify inefficiencies and make data-driven improvements that reduce costs and improve delivery times.

By connecting the back-end systems of eCommerce stores with inventory management, warehouses, and order fulfilment, businesses can synchronise stock levels across multiple platforms. This creates a demand-driven approach to inventory management, minimising waste and reducing the costs associated with overstocking or stock-outs.

In conclusion, for businesses aiming to succeed in the increasingly competitive eCommerce landscape, the supply chain must be a top priority. Ensuring a streamlined, automated, and integrated supply chain is key to meeting customer expectations, protecting profit margins, and achieving sustained growth.

Global Forwarding supports retailers and brands of all sizes, delivering inventory from source to distribution centres and serving eCommerce customers worldwide. 

Our powerful tech platform shares critical data and global visibility to keep your operations running smoothly.

With years of experience, our team provides flexible eCommerce inventory, fulfilment and courier services, ensuring you only pay for what you use and the orders you process.

Global Forwarding’s eCommerce solutions include:

    • End-to-end supply chain visibility with Clarity
    • Multi-modal freight forwarding
    • Inventory, order processing, and warehouse management
    • Flexible warehousing
    • eCommerce fulfilment
    • Courier management
    • EU distribution
    • Cross-border clearance services
    • Last-mile delivery

Oriental Global Logistics (OGL) is the eCommerce subsidiary of Global Forwarding, with fulfilment centres in Hong Kong, New Jersey, and Heathrow for flexible, scalable and trackable order processing, fulfilment and delivery.

VISIT the Oriental Global Logistics web site, or EMAIL OGL’s managing director, John Ruan, to learn more.

Recent Posts
Labour tensions continue to threaten North American supply chains

22nd, October, 2024

Ongoing labour disputes at US East Coast ports and Canada’s Port of Montreal are putting…

Air freight capacity increases ahead of peak holiday season

21st, October, 2024

As the holiday season approaches and demand increases are anticipated, carriers are shifting cargo capacity…

Sea freight faces capacity cuts and shifting alliances

19th, October, 2024

While the early October strike at US East Coast ports was resolved after three days,…