The days of outsourcing print on demand fulfillment to large and multinational corporations are long gone. Today, businesses of all sizes are jumping on board, all for the benefits it provides. To begin with, delegating some functions to a print on demand service provider frees up your time to focus on the core business aspect of growth. Furthermore, you gain access to the vendor’s vast expertise and resources, putting you ahead of the competition. However, outsourcing has some disadvantages, like losing control over business functions. Given this, it is critical to understand whether or not to outsource.
6 FACTORS TO CONSIDER WHEN DECIDING TO OUTSOURCE PRINT ON DEMAND FULFILLMENT
The nature of tasks varies in so many ways. One such aspect is the skills required to deal with them. When considering outsourcing a specific task, consider whether you have the necessary skills. However, if a task is not recurring, training your employees for a one-time job does not make financial sense. Similarly, such a task does not warrant hiring a full-time employee and is best outsourced. A labeling and packing job, for example, necessitates specific skills and equipment that are uncommon in the average workforce. Outsourcing is, in the end, the best option.
2. Task’s complexity
Some tasks are so complicated that handling them in-house can waste a significant amount of time and money. It may imply limiting these critical resources for other core business functions. Technicalities in legal and tax requirements may also add to the complexity. Attempting to complete such tasks indoors can easily lead to legal and tax issues that can take years to resolve. Handing them over to an expert print on demand provider not only frees up resources but also saves you a lot of time.
3. Inventory management
Outsourcing logistics and eCommerce fulfillment services frequently entail obtaining the assistance required to carry out successful inventory management, which is still a hands-on job for any eCommerce business owner. A good print on demand company is not an additional cost for a few automated logistics services and warehouse costs. The right print on demand provider for your company is an integral part of your team. They will assist you in developing successful inventory management to avoid stockouts, backorders, and unnecessary additional storage costs. It also frees up resources, focus, and energy for growth and development.
As previously stated, outsourcing a portion of your business functions reduces your level of control. You should do outsource such tasks with caution to avoid any loopholes. Ascertain that your outsourcing partner communicates clearly and effectively. Before hiring an outsourcing vendor, make sure to evaluate their professionalism and communication skills. Check their responsiveness to ongoing issues and their willingness to take on new tasks and make adjustments. Keep in mind that disagreements may arise during your collaboration. Ascertain that you and your outsourcing partner have agreed on the project scope, work schedule, and payment.
5. Saving money
Ideally, one of the primary reasons companies outsource is to reduce labor and operational costs. Outsourcing tasks such as accounting and tax, for example, eliminates the need to hire a full-time CFO in-house. You can then use the freed-up investment elsewhere in the business.
6. Company goals
While all business operations contribute to the company’s overall goal, some are critical to achieving the company’s vision. Such tasks distinguish a company from its competitors and is at the company’s heart. The nature of business functions varies in terms of their contribution to company goals, the time required to perform them, the resources to allocate, and the frequency with which they recur, among other things. When the nature of a function is assessed, it is simple to determine whether it is handled in-house or outsourced. However, you must carefully vet who you outsource to. After all, you’re looking for efficiency and cost savings, not loss of control.
Working with a top eCommerce fulfillment company has many advantages, such as assisting with inventory management. We’d love to hear from you if you’re looking for logistics assistance. To learn more, look at Fulfillplex’s expertise to ensure excellent print on demand services. Request a quote to discuss how we can assist your company’s growth.