EXTENSIV


Associated tags: OMS, WMS, IMS, Commerce, Stadionul Extensiv, Warehouse, Online shopping

Locations: CALIFORNIA, CANADA, UNITED STATES, ARIZONA, NORTH CAROLINA, GREENSBORO, ASHLEY, LA, EL SEGUNDO, CA, US, AR, TEXAS, WA, TN, UTAH

Extensiv Report Reveals Rising Costs, Fluctuating Demand, and Supply Chain Disruptions Are Forcing 3PLs to Evolve

Retrieved on: 
Tuesday, January 30, 2024

“Rising costs, fluctuating demand, and supply chain disruptions are forcing 3PLs to evolve and effective adoption of technology will drive the winners versus the losers,” said Rachel Trindade, chief marketing officer at Extensiv.

Key Points: 
  • “Rising costs, fluctuating demand, and supply chain disruptions are forcing 3PLs to evolve and effective adoption of technology will drive the winners versus the losers,” said Rachel Trindade, chief marketing officer at Extensiv.
  • Extensiv’s State of the Third-Party Logistics Industry report highlights key industry trends and offers guidance for navigating this evolving market.
  • Four trends that will impact 3PLs in 2024:
    Rising Cost of Doing Business: Operational costs will continue to rise in 2024.
  • Join the Extensiv team to listen to a live discussion of 3PL Industry trends on February 13th at 10 a.m. PT.

Extensiv Successfully Completes SOC 2 Type II Certification

Retrieved on: 
Tuesday, January 23, 2024

EL SEGUNDO, Calif., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Extensiv (formerly 3PL Central) — delivering omnichannel software solutions for warehouse, inventory, and order management — today announced completion of the System and Organization Controls (SOC) 2 Type II compliance.

Key Points: 
  • EL SEGUNDO, Calif., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Extensiv (formerly 3PL Central) — delivering omnichannel software solutions for warehouse, inventory, and order management — today announced completion of the System and Organization Controls (SOC) 2 Type II compliance.
  • SOC 2 is considered the premier data security standard for protecting data from unauthorized access for Software as a Service (SaaS) providers.
  • The SOC 2 Type II audit evaluates controls and processes over an extended period to determine whether controls function as intended.
  • “Completing the SOC Type II Compliance audit underscores Extensiv’s overall commitment to security best practices and reinforces our position as a leader constantly investing in scalability, efficiency, and reliability for our customers,” said Sheridan Richey, Chief Product and Technology Officer at Extensiv.

Amazon Order Volumes Spike 65% Year over Year while Shopify Draws More Merchants

Retrieved on: 
Thursday, January 18, 2024

The data reveals significant 65% year-over-year growth in order volume for third-party sellers on Amazon, while Shopify volume increased 19% and all other third-party marketplaces remain flat.

Key Points: 
  • The data reveals significant 65% year-over-year growth in order volume for third-party sellers on Amazon, while Shopify volume increased 19% and all other third-party marketplaces remain flat.
  • Extensiv Market Insights monitors changes in order volume per merchant processed through leading vendors such as Amazon and Shopify to show:
    Year-over-year volume trends.
  • Week-over-week data showed an 18% increase in order volume for Amazon, but decreases of 26% for Shopify and 2% for other marketplaces.
  • Shopify average order volume spiked: Shopify Average Order Volume rose by 19% year-over-year in 2023 and saw a 20% increase from 3Q to 4Q.

Extensiv Launches Advanced Sales Analytics Dashboard To Give Brands Unprecedented Visibility into Sales Channel Analysis and SKU-level Velocity

Retrieved on: 
Tuesday, January 9, 2024

The new module gives brands unprecedented clarity into sales performance, providing actionable insights on sales trends, SKU performance, and channel activity to optimize inventory and enhance profitability.

Key Points: 
  • The new module gives brands unprecedented clarity into sales performance, providing actionable insights on sales trends, SKU performance, and channel activity to optimize inventory and enhance profitability.
  • Ecommerce brands often need help evaluating sales data efficiently due to the reliance on fragmented systems, complex spreadsheets and manual analysis.
  • The Extensiv Sales Analytics Dashboard empowers CEOs with daily snapshots of business performance, comprehensive sales data, simplifying product and inventory strategy development.
  • By enabling brands to compare year-over-year performance of channels and SKUs, the dashboard helps brands take action where it is most needed.”
    Click here to learn more about Extensiv’s Sales Analytics Dashboard.

Extensiv Invests in Building Future Talent with its Supply Chain Scholarship

Retrieved on: 
Wednesday, January 3, 2024

Extensiv designs its scholarship program to support the next generation of innovative supply chain leaders in undergraduate and graduate supply chain management, logistics, and operations management programs.

Key Points: 
  • Extensiv designs its scholarship program to support the next generation of innovative supply chain leaders in undergraduate and graduate supply chain management, logistics, and operations management programs.
  • “Extensiv designed this scholarship to foster innovative ideas and cultivate new perspectives, while also building the talent pipeline our customers will need to thrive in the future.
  • The winner of the $2,500 Spring 2024 Supply Chain Scholarship is Favour Irek, an undergraduate student at the University of Arizona.
  • Winners of the Fall 2024 Extensiv Supply Chain Scholarship will be notified before July 1, 2024.

Extensiv Announces Extensiv Edge 2024 and Honors 2023 Customer Award Winners

Retrieved on: 
Thursday, December 14, 2023

Extensiv announced the winners during the Extensiv Edge user conference held in Park City, Utah.

Key Points: 
  • Extensiv announced the winners during the Extensiv Edge user conference held in Park City, Utah.
  • Extensiv Edge gives us the opportunity to recognize our customers’ innovation and bring together industry leaders to connect and network.”
    The 2023 Extensiv Customer Awards highlight customer success in productivity, innovation, growth, utilization, omnichannel achievement, and collaboration.
  • The winners of Extensiv Edge’s 2023 Customer Awards are:
    Powerhouse Award: Averitt Express : The Powerhouse Award celebrates organizations that have demonstrated the highest gains in productivity.
  • Innovation Award: Fulfillment Ninjas : The Innovation Award celebrates an Extensiv Network Manager customer who has expanded its 4PL with the most customers.

Extensiv Named Recipient of 2023 Top Software & Tech Awards in Supply Chain Visibility, Warehouse Automation, and WMS/TMS Categories

Retrieved on: 
Wednesday, December 6, 2023

The Top Software & Tech Award spotlights new-to-market software and technology solutions in the supply chain space.

Key Points: 
  • The Top Software & Tech Award spotlights new-to-market software and technology solutions in the supply chain space.
  • Extensiv Network Manager and Extensiv’s overall platform won in the Supply Chain Visibility Category, Warehouse Automation, and WMS/TMS categories.
  • “From robotics and warehouse automation to procurement and ERP software, WMS, TMS and supply chain visibility solutions, the supply chain software and technology sector continues to boom.
  • The 2023 Supply & Demand Chain Executive Top Software and Tech Award is the latest in a series of industry achievements for Extensiv.

Extensiv and Sendle Team Up to Lower the Cost of Small Parcel Delivery for 3PLs

Retrieved on: 
Thursday, October 26, 2023

Extensiv and Sendle have teamed up to lower the cost of small package shipping for third-party logistics providers (3PLs) serving the U.S. e-commerce market.

Key Points: 
  • Extensiv and Sendle have teamed up to lower the cost of small package shipping for third-party logistics providers (3PLs) serving the U.S. e-commerce market.
  • View the full release here: https://www.businesswire.com/news/home/20231026253814/en/
    Extensiv provides omnichannel software solutions for warehouse, inventory, and order management to 3PLs and leading brands.
  • Based on customer feedback, Extensiv has added Sendle’s expansive network of affordable, national package delivery services to its Small Parcel Suite , just in time for peak season 2023.
  • 3PLs can also take advantage of simple set up through Extensiv’s Small Parcel Suite helping them to save time and increase net revenue with the Sendle integration.

Amazon Order Volumes Spike 76% Year over Year and Draws More Third-Party Merchants as Shopify’s Revenue Growth Boosted by Higher-Priced Items

Retrieved on: 
Monday, October 23, 2023

The data reveals continued quarter over quarter growth in order volume for third-party sellers on Amazon, while Shopify volume and all other third-party marketplaces remain flat.

Key Points: 
  • The data reveals continued quarter over quarter growth in order volume for third-party sellers on Amazon, while Shopify volume and all other third-party marketplaces remain flat.
  • Launched in 2020, the Extensiv Market Insights website offers order volume trends for leading vendors such as Amazon, Shopify, and a consolidation of dozens of other smaller marketplaces.
  • Extensiv Market Insights shows changes in order volume per merchant processed through leading vendors such as Amazon and Shopify, including:
    Year-over-year volume trends.
  • Still, Amazon’s third-party seller base’s growth and ongoing experiments with distribution expenses and delivery durations further fuel its influential positive feedback loop.

Extensiv’s 4th Annual 3PL Warehouse Benchmark Report Reveals 70% of 3PLs Fighting Higher Labor Costs and 22% Experiencing Stagnant or Declining Order Volumes

Retrieved on: 
Thursday, October 19, 2023

The report is the industry's only benchmark report focused exclusively on the 3PL warehouse industry.

Key Points: 
  • The report is the industry's only benchmark report focused exclusively on the 3PL warehouse industry.
  • The Third-Party Logistics Warehouse Benchmark Report aggregates data from more than 240 3PL warehouses and provides insight on more than 30 industry-specific topics.
  • The report builds on prior data and provides year-over-year changes and trends to help warehouses understand market growth opportunities and industry challenges.
  • The number of 3PLs with no change or declining order volumes more than doubled in 2023 compared to 2022.