Micro-Fulfillment Business Plan

V. Competitive Analysis

5.1 Competitors

Competitor 1
Competitor 1 helps brands optimize order management and fulfillment through its platform, wherein customers can see everything that happens with orders and inventory and then combine it with hands-on services. The company's goal is to streamline the way quickly rising omnichannel brands manage their supply chains. Its micro-fulfillment centers are dedicated exclusively to e-commerce order fulfillment.

Competitor 2
Competitor 2 helps design, build, implement, and support automated system solutions for warehouses, distribution centers, and production facilities. The company uses an industrial engineering approach focused on operational excellence to optimize material & information flow, processes, operations management, and activities. Competitor 2's multi-channel fulfillment systems support the omnichannel distribution strategies for retailers, wholesalers, and manufacturers and prepare eCommerce orders for shipment to retail stores, homes, businesses, and customer pickup.

Competitor 3
Competitor 3 is a retail technology company that enables customer experiences from click to delivery. The company's micro-fulfillment technology brings grocery and consumer brands closer to customers. The company also offers fulfillment services for small and medium-sized eCommerce companies with no physical location or storage facility. With the eCommerce fulfillment services of the company, products are shipped directly to the consumer from the fulfillment center. 

5.2 Attribute Comparison

5.3 SWOT

Strengths

  • The biggest market strength is the technology-driven fulfillment solutions that will enable brands to spend extra time on the things that matter most in their businesses.
  • By having a building set up in a densely populated urban city with over half the population. The Company's automated MFCs will help retailers reduce the cost of last-mile delivery by simply shortening ship-to-door distance.
  • MFCs will help retailers and grocery stores maintain an inventory of 8,000–15,000 SKUs with automated efficiencies to enable accurate, high-velocity fulfillment.

Weakness

  • Being new to the industry could lead to a significant lag in establishing goodwill and trust

Opportunities

  • Market of Micro Fulfillment is expected to have a glorious opportunity worth ~$36 billion by 2030 with ~6600 MFCs installed and driven by dark stores, online grocery, and rapid delivery.
  • Advances in AI and Machine Vision are accelerating the development of MFCs.

Threats

  • Competitors could look to copy the company’s business model
 
Strategic Business Plans