A fulfillment company in direct meaning can be referred to an organization that offers specialized services in product fulfillment on behalf of the owner of that particular product. The services offered by the company are often termed as product or order fulfillment. If you look into a broader perspective, the services offered by such an organization can be categorized in delivering an item or product to the concerned individual, who has ordered, requested, or purchased the same from the organization. Fulfillment in this respect caters to such services of an organization that focuses on storing the product, receiving the order and packing it following it up with shipping the order to the consumer.
Fulfillment of order refers to delivery of goods. This wing of the organization is one of the integral parts of its services, as it offers proper shipping of the product or item to the consumer. In general, a fulfillment company varies according to the nature of their functions and focus of services. A number of companies offering fulfillment services focus on corporate business solution that includes a wide array of catalog and literature fulfillment, inventory and warehousing, magazine premiums, hand fulfillment, and etc. However, all the services offered by such companies meets at the common goal of shipping servicers and picking and packing of goods, along with meeting payments.
Here is a look at the standard services that is offered in general, by a fulfillment company –
- Storage and warehousing – this services focuses on storing of an item or product until the receiving of order for that particular product. If you are generating on a third party service provider, a storage fee based on the requirements of storing the product might be applicable.
- Pick and Pack – this service generally refers to the preparing and packing of an item or product for shipping. The employees of the company related to the task are known as “pickers”, who receive an order manifest to carry the task effectively.
- Inventory Control – An organization focusing on fulfillment services generally maintains and publishes inventory counts as per the shipping of goods. Most often, the reporting system varies according to company and ranges from anything based on web to excel spreadsheets.
- Shipping – In most of the cases, the shipping service of a fulfillment company outsources the job to other third part couriers companies.
A fulfillment company thus takes care of all the hassles of shipping of a particular item or product to the end consumer.