FinTech Magazine July 2024 | Page 119

STANDING OUT AS A 3PL
Making the case for his employer ’ s immense capabilities , Paul Mendez , Vice President of Finance for Supply Chain , 3PL and Partnerships , says : “ All these savings and cost improvements , the process refinement and value we ’ ve generated for FabFitFun – we can also generate that for our clients .
“ In some cases , it could be truly gamechanging for these organisations because of the sheer dollar value we can drive to their bottom line .”
Anyone looking for proof of FabFitFun ’ s competence in the 3PL space need look no further than last Thanksgiving , when HexClad asked the business to look after orders for the entirety of the US – just two days before peak demand .
One might ask what FabFitFun can offer as a 3PL to enable it to rise above major competitors in the field .
Addressing this , Julian cites the organisation ’ s power trio of core competencies .
“ The first is e-comm fulfilment , where our costs , speed and ability to scale are unmatched by anyone we know ,” he explains . “ If you have orders that complete in 400-500 stock keeping units ( SKUs ), we can fulfil quicker and more cheaply than anybody .
“ The second is cartonisation which we can make very efficient . If you ’ re a subscription box that also sells e-comm items , we can leverage our software to mitigate your shipping costs by including your e-comm items in your kit box and telling you what kit box sizes you should have .
“ The third is logistics . If your orders weigh on average more than a pound , you can leverage our ground economy network which is also unmatched – in terms of cost – around the country .”
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