Walmart introduces new fulfillment service for supply chain
The retail giants, Walmart, has introduced a new fulfillment service built with sellers, for sellers.
Walmart Fulfillment Services (WFS) is a service where select sellers can leverage Walmart’s state-of-the-art supply chain capabilities - ranging from storing, picking, packing and shipping items to handling returns and customer service.
WFS has been created to enable sellers to generate more profitable sales of their inventory at scale, while in tandem growing their business through Walmart Marketplace.
Helping to create WFS is Netrush and Pattern. Both firms work with other organisations to empower companies to navigate selling on a third-party marketplace, and both have been vital in developing WFS. Speaking on Walmart’s website, Raj Sapru, Chief Operating Officer of Netrush, said: “As more shoppers start to use Walmart’s online marketplace, it’s important to meet shoppers where they are. It’s a priority to us as a retailer that we provide a premium experience that matches the quality of the products we sell. WFS offers that experience.”
George Hatch, Director of Marketplaces for Pattern, added: “WFS enables us to partner with one of the world’s largest brick-and-mortar retailers and fastest-growing e-commerce marketplaces. Through WFS, not only will our brand partners experience major growth alongside Walmart.com, but our customers will save valuable time and money.”
Walmart are yet to reveal how much it will charge sellers, however, revealed that sellers and customers will both benefit from the new service. Walmart’s customers are set to have more brands than ever to choose from, faster shipping as well as easier returns.
Walmart is also believed to be considering parting with its majority stake in UK supermarket chain Asda. The firm is understood to be in discussions with a "small number of interested parties."
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