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Monthly Archive October 2021

A leading order fulfillment company

  • Home   /  2021   /  
  • October
Order fulfillment Oct 19,2021

4-Measures to Provide Better Crowdfunding Fulfillment Services

What is Crowdfunding Fulfillment Services?

When it comes to crowdfunding, it is familiar to all. But seldom people know about crowdfunding fulfillment services. Actually, crowdfunding fulfillment services are derived from the booming of crowdfunding. As mentioned by Kickstarter, when a project is successfully funded, the creator shall complete the project and fulfill each reward to the best of their abilities. Then, in order to finish all the work that was promised and deliver rewards, the creator will generally entrust a third party to provide services such as inventory management, picking, packing, and shipping of a product that was funded online. Since the services are all work for crowdfunding fulfillment, so they are collectively called crowdfunding fulfillment services.

Crowdfunding Fulfillment Services

What Challenges Faced by Crowdfunding Campaign Owners

As is shown in the research made by SFC, the global crowdfunding market was $10.2 billion in 2018 and is expected to reach $28.8 billion by the end of 2025, with a CAGR of 16% between 2018 and 2025. It is not difficult to conclude that the booming of the crowdfunding industry will bring a promising market to crowdfunding fulfillment services. However, opportunities always exist with challenges. As the surge of demand for crowdfunding fulfillment services, campaign owners are facing with more and more common challenges. The most common challenges are as following:

  • High cost: budgets for shipping, packaging, storage is high, and there are some other hidden costs.
  • Expensive duties and taxes.
  • Having difficulties in organizing backers’ shipping information.
  • Having difficulties in providing multiple packaging options that are secure and customized.
  • Having difficulties in figuring out the ways to pick-and-pack a bulk of pledges.

How to Provide Better Crowdfunding/Kickstarter Rewards Fulfillment & Crowdfunding/Kickstarter Shipping Fulfillment Services?

In 2018, China surpassed the United States to become the largest participant in global crowdfunding. SFC, as a large logistics services provider, took first to join in the trend and provide fast, cheap and convenient crowdfunding fulfillment services to its customers. While seizing this opportunity, SFC was aware of the above challenges and took five measures to response.

Kickstarter Rewards Fulfillment
  1. Establishing powerful and user-friendly crowdfunding fulfillment platform. SFC has an in-house system which is specifically built with managing crowdfunding fulfillment in mind. Our intuitive software has a friendly interface and is easy to use. Through the platform, SFC can store and manage the inventory, batch-upload, edit and track orders online, email tracking information and monitor real-time costs and manage billing. Hence, SFC has no difficulty in organizing backer shipping information.
  2. Providing value-added Kickstarter fulfillment services. Value-added Kickstarter services include pick-up from factory, add protection with bubble wrap or corner protectors, provide customized brand packing, and label on each package based on backer’s information. By taking this measure, SFC has no difficulty in picking-and-packing a bulk of pledges, and providing multiple packaging options that are secure and customized.
  3. Optimizing global shipping from China. SFC provides DDU and DDP service, global shipping from China by EUB, special line, express delivery, proposes 200+ Custom logistic solution for cost-saving and ensures a quick clearance, and export tax rebate. In this way, the customers’ costs and taxes are saved.
  4. Providing expert customer support. SFC employed dedicated account managers to handle such things. Having served for 1000+ kickstarter projects, we deserve your trust.

Successful Cases

pick & pack
crowdfunding rewards fulfillment
by Winnie
Company news, E-commerce marketing, Ecommerce, Order fulfillment Oct 12,2021

How to Effectively Manage the Warehousing and Logistics?

With the constantly development of the global e-Commerce, the cross-border circulation and purchase becomes more and more popular. The formation of the demand for global shopping not only boosts the rapid development of new business forms and models such as cross-border e-commerce, but also brings cross-border e-Commerce logistics a bright future. However, opportunities always exist with challenges. There are some problems suffered in domestics warehousing .

  • global logistics

Storage, as the core of e-Commerce logistics operation, plays an important role in the transportation of e-Commerce logistics. Thus, paying close attention to its situation is of great importance for sellers and logistics providers. SFC did relevant researches and concluded that the domestic warehousing management was disorder, the efficiency of picking-up was relatively low, the cost in warehousing management was high, the development of storage equipment and technology was unbalanced and the standardization of commodity information was not high. As such, SFC proposed solutions to effectively manage the warehousing and logistics, and the specific solutions are as follows:

First, standardization of commodity information. As the commodity information management has been a headache of sellers, SFC attaches importance to the checkout of the quantity and quality of products before entering into the warehouse. For goods to be stored in the warehouse, SFC standardizes the customs declaration information according to the specification and size of the goods and takes SKU as the smallest inventory unit to manage. When it turns to the pickup process, operators can improve its efficiency since the previous orderly categorization.

pick and pack

Second, standardization of warehousing. SFC has a storage space of 71,649.88 square meters. The logistics area and storage area are managed by layers. The storage places of the goods are arranged according to the location, the goods are marked with a unified logo, and numbered independently, thus the quantity is monitored in real time. In the process of out-put and in-put the warehouse, goods are operated according to the shelf position information, thus they can be completed in a fast, accurate and convenient manner, the efficiency is improved and errors are reduced.

Warehouse

Third, advanced management system. SFC adopts WMS warehouse management system, which synchronizes inventory and store in real time and automatically updates quantity. The inventory accuracy reaches to 99.99%, and the inventory is updated in real time, supporting sync to stores in multiple platforms. Thus, sellers can manage easily since there are a great number of orders.

one-stop fulfillment

Fourth, automation equipment. SFC adopts automatic sorting model to cope with the peak season. The fully automated logistics sorting model processes 500,000 orders per day, and the manual error rate is as low as 0.01%, which fully guarantees the delivery needs of the store.

  • order fulfillment

Fifth, fast delivery. SFC delivers good from the warehouse, 99% orders can be sent out within the day after labeling and packaging, which flexible responses to the demand in off-peak and peak season. SFC updates  inventory in real time, and reminds you to replenish immediately.

multi-channel delivery

Sixth, low warehouse cost. SFC provides the seller with 30 days free storage rent, saving time and cost. The cost is visualized and transparent, and there is no hidden charge.

SFC has engaged in warehousing and logistics for more that ten years, it has been researching on the industry trend. As it notices the challenge hiding in the opportunity, it takes the lead in proposing the above six solutions to ensure effectively management on warehousing and logistics.

by Winnie

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