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CommerceHub Processes 26M Drop Ship Orders in 2011One Connection(R) Platform Transactions Driven by Record Online Sales (February 29, 2012)
ALBANY, NY -- (Marketwire) -- 02/29/12 -- CommerceHub, the ONE Connection for supply chain integration and fulfillment solutions, announced record setting performance metrics for 2011 and the 2011 holiday season. The CommerceHub One Connection platform processed 26 million drop ship orders for retailers in 2011, representing over $4 billion in retail sales. comScore reported a record $35.3 billion in online sales for the 2011 holiday season through December 28, up 15% over 2010. CommerceHub delivered a 26% increase in drop ship orders for the same period in 2011.
"Our scalable platform provides real-time supply chain visibility and fulfillment management for our trading partners to meet sales increases with on-time deliveries," said Steve Hamlin, CEO of CommerceHub.
Among record setting performance metrics for the CommerceHub One Connection platform in 2011:
- More than 4.9 million drop ship orders processed in a single month
- Over 400,000 drop ship orders processed in a single day
- 71% increase in orders processed on Cyber Monday
- 103% increase in orders processed on Black Friday
Cyber Monday ranked as the heaviest online spending day of the holiday season, with $1.251 billion in sales, comScore reported. CommerceHub processed 432,000 drop ship orders on Cyber Monday, representing over $44 million in retail sales.
CommerceHub provides a comprehensive suite of supply chain event applications that enables eCommerce merchants to drop-ship products from suppliers directly to customers while maintaining the same degree of customer service, fulfillment performance, and brand management as if they actually shipped the product from their own warehouses. CommerceHub is the ONE Connection for eCommerce merchants to increase product offerings, broaden markets, and drive revenue without incurring inventory handling and warehousing costs.
CommerceHub is the industry's leading provider of fulfillment and integration solutions for retailers and wholesale distribution companies. With more than a decade of experience working with Top 25 retailers, distribution supply chains and a wide array of major brand name suppliers, CommerceHub manages more than $4 billion in goods annually on behalf of more than 30 merchants including 10 out of the top 15 retailers.
For information on the CommerceHub ONE Connection visit www.commerceHub.com.
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