ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Flowspace’s Next-Generation Transportation Management System Powers Resilience and Reliability for Merchants During the $1.5T Peak Shopping Season

Automatic Rate Shopping and Carrier Diversification Mitigates Risk, Ensures Shipping and Delivery Efficiency and Optimization

Peak shopping season is underway, and Flowspace, the software platform and distribution network powering independent fulfillment, is ensuring resilience and reliability for merchants during this year's estimated $1.5 trillion retail sales period with its next-generation transportation management system (TMS).

Flowspace's TMS empowers merchants with the flexibility needed to mitigate risk and maximize efficiency this peak season. The system is embedded within Flowspace’s OmniFlow software platform, a comprehensive suite of tools designed to streamline and optimize fulfillment for omnichannel brands.

With the Flowspace TMS, merchants can automatically rate-shop across multiple carriers to select the best, most cost-effective shipping options for their products. The system offers merchants access to a range of national, regional, and international carriers.

Ecommerce sales are projected to grow more than 10 percent year-over-year, reaching between $278 billion and $284 billion, according to Deloitte, and brands – particularly those in categories that generate the majority of their revenue in Q4, like consumer electronics, apparel, and toys – are under pressure to meet consumer demands for fast, efficient delivery.

“Over-reliance on a single carrier, especially during peak season price increases and volume surges, creates risk for merchants,” said Frank Garcia, SVP Operations, Flowspace. “With access to a variety of trusted partners, including regional and international carriers, Flowspace ensures merchants remain well-positioned to ensure efficient, reliable last-mile delivery, while effectively managing potential delays and disruptions.”

The Flowspace TMS allows for easy customization based on individual brands’ needs and preferences, enabling merchants to set rules for preferred carriers and exclude those that may extend delivery timelines or increase costs. With connectivity across a broad network of carriers, partners, and fulfillment locations, Flowspace enables merchants to alleviate potential threats, avoid costly delays, and maintain their reputation for reliability.

In addition, FlowspaceAI for Freight, a concierge tool within the TMS, further improves efficiencies for merchants booking freight. The tool instantly adds booking date confirmations to orders and generates and attaches appropriate documentation, eliminating many of the tedious, time-consuming processes involved in transportation and freight management while improving workflows on behalf of merchants.

Flowspace is recognized across the industry as a leading provider of fulfillment software and services. The company was recently named Order Fulfillment Solution of the Year within the SupplyTech Breakthrough Awards, acknowledged for its ability to power best-in-class fulfillment for hundreds of omnichannel brands. It was also named Organization of the Year within the 2022 Excellence in Customer Service awards program.

Flowspace is trusted by hundreds of brands to enable efficient, reliable omnichannel fulfillment from any source, to any end customer. Its open platform is equipped to integrate with systems, channels, and partners across the retail ecosystem, including direct to consumer (DTC) storefronts, third-party marketplaces, brick-and-mortar retailers, and beyond.

About Flowspace

Flowspace powers independent fulfillment. Its OmniFlow software provides brands with the real-time visibility and insights needed to orchestrate and optimize fulfillment across multiple locations.

Centralizing omnichannel visibility and reporting in a single dashboard, Flowspace empowers brands operating any configuration of locations with the data needed to manage fulfillment from anywhere. Its flexible, distributed network of +150 fulfillment locations enable merchants to expand or enhance existing networks, while ensuring best-in-class fulfillment execution.

Launched out of the Y Combinator technology accelerator program in 2017, Flowspace was recognized by Fast Company as one of the World’s Most Innovative Companies in 2020.

Recognized for its ability to reduce retailers’ environmental impacts, Flowspace was awarded the SEAL Environmental Initiatives Award and its Network Optimization offering was named Sustainability Service of the Year in 2021 and 2023. The company is recognized by Inbound Logistics as a Green Technology Partner.

More information on Flowspace can be found at www.flow.space.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.