FinTech Magazine July 2024 | Page 118

FABFITFUN
process we could think of that was commercially viable before COVID hit in a big way ,” continues Julian . “ Therefore , unlike just about everyone else in the area , we substantially mitigated our labour problems and other foreseeable challenges along the way . Although there ’ s no doubt that Covid had material and adverse impact on our operations , it could have been devastating . Ours was a case study in safe but effective operation under these extreme circumstances .”
The result ? The organisation endured some unavoidable cost and inefficiency , but was able to ultimately fulfil the demands and requirements of its members .
Entering the 3PL space FabFitFun has been able to scale efficiencies to such an extent that it ended up with plentiful excess capacity in Chino – in other words , the incremental ability to ship at least 20 million more orders every year .
The firm ’ s response , in its continued bid to grow , was to enter the thirdparty logistics ( 3PL ) space .
FabFitFun has been actively building its 3PL clientele out of Chino and can already count Gordon Ramsaypromoted cookware company HexClad ( in the western half of the US ) Rachel Zoe ’ s Curateur luxury box and soap specialist Dr Squatch as key partners .
118 July 2024