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Flexport Launches All-in-One Supply Chain Solution for Entrepreneurs

Flexport, a tech-driven platform for global logistics, has launched a self-service, artificial intelligence (AI)-enabled supply chain solution designed specifically for entrepreneurs. 

This all-in-one solution provides instant access to financing, freight, fulfillment and replenishment to all major marketplaces and retail stores, the company said in a Tuesday (Sept. 12) press release.

By streamlining the supply chain process, Flexport aims to democratize the supply chain and provide entrepreneurs with the benefits of scale that were previously only available to big companies, according to the release. This allows entrepreneurs to focus on driving sales at lower costs and reduces the effort needed to manage their entire supply chain. 

Flexport’s end-to-end supply chain solution offers replenishment injection directly into major marketplaces and retail stores, the release said.

These include Fulfillment by Amazon (FBA), Walmart Fulfillment Services (WFS) and more than 15 wholesale channels such as Costco, Target and Nordstrom. The platform also integrates with popular eCommerce platforms like Shopify and Amazon’s Seller Fulfilled Prime program, providing fulfillment and last-mile delivery services for merchants’ own online stores.

Flexport said its solution enables transparent and reliable delivery promises, including two-day and next-day delivery, on various eCommerce marketplaces, per the release. This capability helps merchants build trust with their customers and boost sales. 

Flexport also launched a new membership program, Flexport+, which offers additional benefits to entrepreneurs, according to the press release. Members enjoy priority handling of shipments, which cuts shipping times by up to 15%. They also have access to apply for up to 120-day term financing, allowing them to adopt a “pay as you sell” approach.

Furthermore, members can benefit from additional savings on inventory storage and preparation, special access to community events and dedicated support teams throughout their entire supply chain journey, the release said.

The supply chain pain points and snarls seen in recent years have fueled the willingness on the part of stakeholders to improve their processes, Flexport Chief Financial Officer Kenny Wagers told PYMNTS’ Karen Webster in an interview posted in December.

It all comes down to remittance and the data that needs to be presented clearly to all parties, Wagner said at the time.