Definition: Fulfillment refers to the process of storing, picking, packing, and shipping products to customers. It includes inventory management, order processing, and delivery.
Key Components:
Inventory Storage: Warehousing goods in strategically located facilities.
Order Processing: Receiving customer orders and ensuring accuracy.
Picking and Packing: Selecting items from inventory and preparing them for shipment.
Shipping and Delivery: Transporting products to the customer’s location, domestically or internationally.