How Co-Warehousing Spaces Offer Fast and Flexible Warehousing Solutions
You don’t need to invest in a robust fulfilment network to offer an Amazon-like experience for customers. ShipBob is a leading 3PL that offers co-warehousing space and fulfilment services to help you meet customer demand while reducing logistics costs.
With ShipBob, ecommerce business can grow substantially by outsourcing time-consuming inbound and outbound logistics to the experts. Read on to learn how ShipBob can provide the flexibility you need to grow you business.
ShipBob pulls me out of having to deal with the physical labour side of the business, which allows me more time to focus on making and marketing music. It’s an automated flow that lets me spend less time on things that aren’t making money.
Founder of SubSubmarine
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What is co-warehousing space?
Co-warehousing space is an ecommerce warehousing option for growing ecommerce brands. It allows brands to save on logistics costs by storing inventory with in a warehouse managed by a 3PL like ShipBob. From there, a 3PL takes of optimising storage space and fulfil orders on behalf of the merchant.
How do co-warehousing spaces work?
It works by shipping inventory to a 3PL’s warehouse location to be stored along with other brand’s products. 3PLs are trained at optimising storage using industry best practices, such as warehouse slotting, to ensure that you save on carrying costs. Once an order is placed, items are picked, packed, and shipped to the customer directly from the warehouse.
What are the benefits of co-warehousing spaces for ecommerce stores?
By storing inventory in a co-warehousing space, ecommerce stores significantly save on warehouse management costs by sharing a warehouse with other ecommmerce brands.
With ShipBob’s network of fulfilment centres, you can strategically split your inventory across our locations to get your products from point A to point B more quickly and affordably. Storing inventory near your customers helps reduce the shipping zones and costs associated with shipping orders to faraway destinations.
Distributed inventory also helps you stay competitive by offering fast shipping to your customers. When an order is placed, ShipBob’s algorithm automatically selects the warehouse and carrier that will give you the quickest turnaround at the best price. This strategy has helped our merchants bring 13% savings to their bottom line.
Go Global Easily
ShipBob´s Shipping Program enables fast and cost effective delivery for all UK, European and Global destinations. Working with any of our ecommerce store integrations, you can reach your customers with the best local and international carrier options.
Whether you ship from one or multiple fulfilment centre locations, you can offer fast delivery options to all your customers. Our proprietary algorithm does all the hard work to give you the most cost effective and in-demand delivery options.
At ShipBob, we track your orders from A to Z. Filter orders by status, search for specific orders, see a quick timeline view of where your order is in the fulfilment process (e.g. when an order is picked, packed, or shipped), easily find shipping-related information (e.g., weights, dimensions, or carrier service), and get a quick snapshot of any orders that require action.
With order management software for your direct-to-consumer and wholesale shipments, you can manage subscriptions, make changes to your orders post-purchase, map your store’s shipping options to ShipBob, and automatically share tracking information with your customers.
Reporting and analytics
To provide you with visibility into our operations and performance, and also hold ourselves accountable, ShipBob’s free analytics tool is packed with charts to help you with everything from year-end reporting, to better supply chain decision-making.
Data can be a competitive advantage, and our reports show an analysis of which fulfilment centres you should stock, days of inventory left before you run out, impact of promotions on stock levels, each shipping method’s average cart value, shipping cost, and days in transit, your fulfilment cost per order, storage cost per unit, and much more.
End-to-end customer experience
We care about the customer experience as much as you and strive to be an extension of your team. From custom branded boxes to free plain packaging, ShipBob works with you to provide the unboxing experience you want. We also help you offer the fastest, most cost-effective shipping options to meet your customers’ expectations.
As soon as an order ships, tracking is pushed back to your store. We also offer return management services, allowing customers to generate return shipping labels and track returns, while getting your products processed and back into your available inventory as efficiently as possible.
How ShipBob improves your fulfilment and logistics
Save on fulfilment costs
Coffee creamer brand Prymal joined ShipBob in 2019 and was quickly able to save $8,000 per month on fulfilment costs, while at the same time achieving 4x growth.
Improve your conversion rate
Not only was BAKblade able to scale internationally by partnering with ShipBob, but they found adding 2-Day Shipping increased their conversions as well.
Store, ship, and grow internationally
Sunglasses brand Ombraz distributed their inventory across 3 fulfilment centres in two different countries. This has allowed them to ship to 55 countries on seven continents.