로지브릿지 | 물류·공급망 교육과 커리어
내용
[subtitle-meta] lang=en auto=True
[Music]
Today, we are going to explore the concept of fulfillment services. In the
previous session, we
covered logistics from first-party logistics to fifth-party logistics, but
fulfillment can generally be seen
as a slightly more evolved form of logistics service for third-party logistics. While we
interpreted first-party logistics as involving IT and consulting, and
fifth-party logistics as involving the entire supply chain, fulfillment is strictly a concept that has developed within third-party logistics
with a focus on the logistics service itself. In
fact, it is ambiguous to
provide a clear definition of fulfillment itself
because the definition varies from institution to institution or company to company. The dictionary definition of fulfillment
encompasses meanings such as to perform, execute, complete, achieve, and satisfy. Generally speaking,
fulfillment aims for a
more customer-centric, customized logistics
service compared to the typical logistics outsourcing of third-party logistics. It involves a much
deeper involvement in the entire process, from start to finish, including returns.
Depending on the products handled by individual companies across different industries, the methods of executing logistics, customer
service, and return procedures must all differ; however,
third-party logistics
provided a general service in a standardized form. But fulfillment is
like custom-made clothing—it is tailored to each company's specific needs. We provide services by considering detailed specifications such as
product characteristics, the features of the goods being handled, and temperature and humidity management.
This is precisely what can be seen as the
decisive difference between traditional 3PL and fulfillment. For instance,
since clothing and
general manufactured goods have different characteristics,
applying the same logistics strategy and methods would compromise the precision of logistics management.
Clothing, due to its nature, experiences frequent returns and is
heavily influenced by seasonality, making it
problematic to treat it the same way as general ambient temperature goods.
Fulfillment can be understood as an
evolved version of 3PL, situated on the boundary between the two. While it
does not involve consulting services or supply chain management, it
demonstrates systematic operational management based on IT technology compared to traditional 3PL. Furthermore, fulfillment is a
method that creates added value beyond storage, moving beyond the traditional storage-centric nature of 3PL. It is deeply
involved in almost every process, from the moment products arrive at the logistics center—including packaging, sorting, inventory management, and the aforementioned customer service and return processing.
In summary, fulfillment can be
defined as the outsourced operation of advanced logistics services. This is
particularly relevant for overseas direct purchasing and reverse direct purchasing. At a
time when cross-border parcel delivery is becoming increasingly important due to growth,
providing more sophisticated logistics services is a task demanded by the times. The
concept of fulfillment is evolving even at this moment, and I
believe its scope will expand in the future beyond simple delivery and return of goods to include regular product rental management and after-sales service for damaged products. That concludes today's
presentation. I look forward to
returning with more informative content next time.
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WEBVTT Kind: captions Language: en 00:00:03.960 --> 00:00:07.130 align:start position:0% [Music] 00:00:07.130 --> 00:00:07.140 align:start position:0% 00:00:07.140 --> 00:00:09.350 align:start position:0% Today, <00:00:07.290><c>we </c><00:00:07.440><c>are </c><00:00:07.590><c>going </c><00:00:07.740><c>to </c><00:00:07.890><c>explore </c><00:00:08.040><c>the </c><00:00:08.190><c>concept </c><00:00:08.340><c>of </c><00:00:08.490><c>fulfillment </c><00:00:08.640><c>services. </c><00:00:08.790><c>In </c><00:00:08.940><c>the</c> 00:00:09.350 --> 00:00:09.360 align:start position:0% Today, we are going to explore the concept of fulfillment services. In the 00:00:09.360 --> 00:00:11.450 align:start position:0% Today, we are going to explore the concept of fulfillment services. In the previous <00:00:10.260><c>session, </c><00:00:11.160><c>we</c> 00:00:11.450 --> 00:00:11.460 align:start position:0% previous session, we 00:00:11.460 --> 00:00:14.089 align:start position:0% previous session, we covered <00:00:11.640><c>logistics </c><00:00:11.820><c>from </c><00:00:12.000><c>first-party </c><00:00:12.180><c>logistics </c><00:00:12.360><c>to </c><00:00:12.540><c>fifth-party </c><00:00:12.720><c>logistics, </c><00:00:12.900><c>but</c> 00:00:14.089 --> 00:00:14.099 align:start position:0% covered logistics from first-party logistics to fifth-party logistics, but 00:00:14.099 --> 00:00:16.490 align:start position:0% covered logistics from first-party logistics to fifth-party logistics, but fulfillment <00:00:14.549><c>can </c><00:00:14.999><c>generally </c><00:00:15.449><c>be </c><00:00:15.899><c>seen</c> 00:00:16.490 --> 00:00:16.500 align:start position:0% fulfillment can generally be seen 00:00:16.500 --> 00:00:18.529 align:start position:0% fulfillment can generally be seen as <00:00:16.624><c>a </c><00:00:16.748><c>slightly </c><00:00:16.872><c>more </c><00:00:16.996><c>evolved </c><00:00:17.120><c>form </c><00:00:17.244><c>of </c><00:00:17.368><c>logistics </c><00:00:17.492><c>service </c><00:00:17.616><c>for </c><00:00:17.740><c>third-party </c><00:00:17.864><c>logistics. </c><00:00:17.988><c>While </c><00:00:18.112><c>we</c> 00:00:18.529 --> 00:00:20.390 align:start position:0% as a slightly more evolved form of logistics service for third-party logistics. While we 00:00:20.390 --> 00:00:22.970 align:start position:0% 00:00:22.970 --> 00:00:22.980 align:start position:0% 00:00:22.980 --> 00:00:24.890 align:start position:0% interpreted <00:00:23.137><c>first-party </c><00:00:23.294><c>logistics </c><00:00:23.451><c>as </c><00:00:23.608><c>involving </c><00:00:23.765><c>IT </c><00:00:23.922><c>and </c><00:00:24.079><c>consulting, </c><00:00:24.236><c>and</c> 00:00:24.890 --> 00:00:24.900 align:start position:0% interpreted first-party logistics as involving IT and consulting, and 00:00:24.900 --> 00:00:25.910 align:start position:0% interpreted first-party logistics as involving IT and consulting, and 00:00:25.910 --> 00:00:25.920 align:start position:0% 00:00:25.920 --> 00:00:28.070 align:start position:0% fifth-party <00:00:26.006><c>logistics </c><00:00:26.092><c>as </c><00:00:26.178><c>involving </c><00:00:26.264><c>the </c><00:00:26.350><c>entire </c><00:00:26.436><c>supply </c><00:00:26.522><c>chain, </c><00:00:26.608><c>fulfillment </c><00:00:26.694><c>is </c><00:00:26.780><c>strictly </c><00:00:26.866><c>a </c><00:00:26.952><c>concept </c><00:00:27.038><c>that </c><00:00:27.124><c>has </c><00:00:27.210><c>developed </c><00:00:27.296><c>within </c><00:00:27.382><c>third-party </c><00:00:27.468><c>logistics</c> 00:00:28.070 --> 00:00:28.080 align:start position:0% fifth-party logistics as involving the entire supply chain, fulfillment is strictly a concept that has developed within third-party logistics 00:00:28.080 --> 00:00:29.929 align:start position:0% fifth-party logistics as involving the entire supply chain, fulfillment is strictly a concept that has developed within third-party logistics with <00:00:28.245><c>a </c><00:00:28.410><c>focus </c><00:00:28.575><c>on </c><00:00:28.740><c>the </c><00:00:28.905><c>logistics </c><00:00:29.070><c>service </c><00:00:29.235><c>itself. </c><00:00:29.400><c>In</c> 00:00:29.929 --> 00:00:29.939 align:start position:0% with a focus on the logistics service itself. In 00:00:29.939 --> 00:00:32.569 align:start position:0% with a focus on the logistics service itself. In fact, <00:00:30.569><c>it </c><00:00:31.199><c>is </c><00:00:31.829><c>ambiguous </c><00:00:32.459><c>to</c> 00:00:32.569 --> 00:00:32.579 align:start position:0% fact, it is ambiguous to 00:00:32.579 --> 00:00:34.729 align:start position:0% fact, it is ambiguous to provide <00:00:32.809><c>a </c><00:00:33.039><c>clear </c><00:00:33.269><c>definition </c><00:00:33.499><c>of </c><00:00:33.729><c>fulfillment </c><00:00:33.959><c>itself</c> 00:00:34.729 --> 00:00:37.069 align:start position:0% provide a clear definition of fulfillment itself 00:00:37.069 --> 00:00:38.750 align:start position:0% 00:00:38.750 --> 00:00:38.760 align:start position:0% 00:00:38.760 --> 00:00:41.030 align:start position:0% because <00:00:38.891><c>the </c><00:00:39.022><c>definition </c><00:00:39.153><c>varies </c><00:00:39.284><c>from </c><00:00:39.415><c>institution </c><00:00:39.546><c>to </c><00:00:39.677><c>institution </c><00:00:39.808><c>or </c><00:00:39.939><c>company </c><00:00:40.070><c>to </c><00:00:40.201><c>company. </c><00:00:40.332><c>The </c><00:00:40.463><c>dictionary </c><00:00:40.594><c>definition </c><00:00:40.725><c>of </c><00:00:40.856><c>fulfillment</c> 00:00:41.030 --> 00:00:42.889 align:start position:0% because the definition varies from institution to institution or company to company. The dictionary definition of fulfillment 00:00:42.889 --> 00:00:42.899 align:start position:0% 00:00:42.899 --> 00:00:43.850 align:start position:0% 00:00:43.850 --> 00:00:45.950 align:start position:0% 00:00:45.950 --> 00:00:45.960 align:start position:0% 00:00:45.960 --> 00:00:47.389 align:start position:0% encompasses <00:00:46.009><c>meanings </c><00:00:46.058><c>such </c><00:00:46.107><c>as </c><00:00:46.156><c>to </c><00:00:46.205><c>perform, </c><00:00:46.254><c>execute, </c><00:00:46.303><c>complete, </c><00:00:46.352><c>achieve, </c><00:00:46.401><c>and </c><00:00:46.450><c>satisfy. </c><00:00:46.499><c>Generally </c><00:00:46.548><c>speaking,</c> 00:00:47.389 --> 00:00:47.399 align:start position:0% encompasses meanings such as to perform, execute, complete, achieve, and satisfy. Generally speaking, 00:00:47.399 --> 00:00:49.729 align:start position:0% encompasses meanings such as to perform, execute, complete, achieve, and satisfy. Generally speaking, fulfillment <00:00:47.959><c>aims </c><00:00:48.519><c>for </c><00:00:49.079><c>a</c> 00:00:49.729 --> 00:00:49.739 align:start position:0% fulfillment aims for a 00:00:49.739 --> 00:00:50.810 align:start position:0% fulfillment aims for a 00:00:50.810 --> 00:00:50.820 align:start position:0% 00:00:50.820 --> 00:00:52.790 align:start position:0% more <00:00:51.399><c>customer-centric, </c><00:00:51.978><c>customized </c><00:00:52.557><c>logistics</c> 00:00:52.790 --> 00:00:52.800 align:start position:0% more customer-centric, customized logistics 00:00:52.800 --> 00:00:54.410 align:start position:0% more customer-centric, customized logistics service <00:00:52.841><c>compared </c><00:00:52.882><c>to </c><00:00:52.923><c>the </c><00:00:52.964><c>typical </c><00:00:53.005><c>logistics </c><00:00:53.046><c>outsourcing </c><00:00:53.087><c>of </c><00:00:53.128><c>third-party </c><00:00:53.169><c>logistics. </c><00:00:53.210><c>It </c><00:00:53.251><c>involves </c><00:00:53.292><c>a </c><00:00:53.333><c>much</c> 00:00:54.410 --> 00:00:56.510 align:start position:0% service compared to the typical logistics outsourcing of third-party logistics. It involves a much 00:00:56.510 --> 00:00:56.520 align:start position:0% 00:00:56.520 --> 00:00:58.970 align:start position:0% deeper <00:00:56.667><c>involvement </c><00:00:56.814><c>in </c><00:00:56.961><c>the </c><00:00:57.108><c>entire </c><00:00:57.255><c>process, </c><00:00:57.402><c>from </c><00:00:57.549><c>start </c><00:00:57.696><c>to </c><00:00:57.843><c>finish, </c><00:00:57.990><c>including </c><00:00:58.137><c>returns.</c> 00:00:58.970 --> 00:01:01.369 align:start position:0% deeper involvement in the entire process, from start to finish, including returns. 00:01:01.369 --> 00:01:01.379 align:start position:0% 00:01:01.379 --> 00:01:03.349 align:start position:0% Depending <00:01:01.484><c>on </c><00:01:01.589><c>the </c><00:01:01.694><c>products </c><00:01:01.799><c>handled </c><00:01:01.904><c>by </c><00:01:02.009><c>individual </c><00:01:02.114><c>companies </c><00:01:02.219><c>across </c><00:01:02.324><c>different </c><00:01:02.429><c>industries, </c><00:01:02.534><c>the </c><00:01:02.639><c>methods </c><00:01:02.744><c>of </c><00:01:02.849><c>executing </c><00:01:02.954><c>logistics, </c><00:01:03.059><c>customer</c> 00:01:03.349 --> 00:01:03.359 align:start position:0% Depending on the products handled by individual companies across different industries, the methods of executing logistics, customer 00:01:03.359 --> 00:01:05.530 align:start position:0% Depending on the products handled by individual companies across different industries, the methods of executing logistics, customer service, <00:01:03.616><c>and </c><00:01:03.873><c>return </c><00:01:04.130><c>procedures </c><00:01:04.387><c>must </c><00:01:04.644><c>all </c><00:01:04.901><c>differ; </c><00:01:05.158><c>however,</c> 00:01:05.530 --> 00:01:05.540 align:start position:0% service, and return procedures must all differ; however, 00:01:05.540 --> 00:01:09.109 align:start position:0% service, and return procedures must all differ; however, third-party <00:01:08.580><c>logistics</c> 00:01:09.109 --> 00:01:09.119 align:start position:0% third-party logistics 00:01:09.119 --> 00:01:11.870 align:start position:0% third-party logistics provided <00:01:09.317><c>a </c><00:01:09.515><c>general </c><00:01:09.713><c>service </c><00:01:09.911><c>in </c><00:01:10.109><c>a </c><00:01:10.307><c>standardized </c><00:01:10.505><c>form. </c><00:01:10.703><c>But </c><00:01:10.901><c>fulfillment </c><00:01:11.099><c>is</c> 00:01:11.870 --> 00:01:11.880 align:start position:0% provided a general service in a standardized form. But fulfillment is 00:01:11.880 --> 00:01:14.270 align:start position:0% provided a general service in a standardized form. But fulfillment is like <00:01:11.986><c>custom-made </c><00:01:12.092><c>clothing—it </c><00:01:12.198><c>is </c><00:01:12.304><c>tailored </c><00:01:12.410><c>to </c><00:01:12.516><c>each </c><00:01:12.622><c>company's </c><00:01:12.728><c>specific </c><00:01:12.834><c>needs. </c><00:01:12.940><c>We </c><00:01:13.046><c>provide </c><00:01:13.152><c>services </c><00:01:13.258><c>by </c><00:01:13.364><c>considering </c><00:01:13.470><c>detailed </c><00:01:13.576><c>specifications </c><00:01:13.682><c>such </c><00:01:13.788><c>as</c> 00:01:14.270 --> 00:01:14.280 align:start position:0% like custom-made clothing—it is tailored to each company's specific needs. We provide services by considering detailed specifications such as 00:01:14.280 --> 00:01:16.550 align:start position:0% like custom-made clothing—it is tailored to each company's specific needs. We provide services by considering detailed specifications such as product <00:01:14.441><c>characteristics, </c><00:01:14.602><c>the </c><00:01:14.763><c>features </c><00:01:14.924><c>of </c><00:01:15.085><c>the </c><00:01:15.246><c>goods </c><00:01:15.407><c>being </c><00:01:15.568><c>handled, </c><00:01:15.729><c>and </c><00:01:15.890><c>temperature </c><00:01:16.051><c>and </c><00:01:16.212><c>humidity </c><00:01:16.373><c>management.</c> 00:01:16.550 --> 00:01:18.469 align:start position:0% product characteristics, the features of the goods being handled, and temperature and humidity management. 00:01:18.469 --> 00:01:18.479 align:start position:0% 00:01:18.479 --> 00:01:20.450 align:start position:0% This <00:01:18.711><c>is </c><00:01:18.943><c>precisely </c><00:01:19.175><c>what </c><00:01:19.407><c>can </c><00:01:19.639><c>be </c><00:01:19.871><c>seen </c><00:01:20.103><c>as </c><00:01:20.335><c>the</c> 00:01:20.450 --> 00:01:20.460 align:start position:0% This is precisely what can be seen as the 00:01:20.460 --> 00:01:23.090 align:start position:0% This is precisely what can be seen as the decisive <00:01:20.737><c>difference </c><00:01:21.014><c>between </c><00:01:21.291><c>traditional </c><00:01:21.568><c>3PL </c><00:01:21.845><c>and </c><00:01:22.122><c>fulfillment. </c><00:01:22.399><c>For </c><00:01:22.676><c>instance,</c> 00:01:23.090 --> 00:01:23.100 align:start position:0% decisive difference between traditional 3PL and fulfillment. For instance, 00:01:23.100 --> 00:01:25.249 align:start position:0% decisive difference between traditional 3PL and fulfillment. For instance, since <00:01:24.060><c>clothing </c><00:01:25.020><c>and</c> 00:01:25.249 --> 00:01:25.259 align:start position:0% since clothing and 00:01:25.259 --> 00:01:27.830 align:start position:0% since clothing and general <00:01:25.691><c>manufactured </c><00:01:26.123><c>goods </c><00:01:26.555><c>have </c><00:01:26.987><c>different </c><00:01:27.419><c>characteristics,</c> 00:01:27.830 --> 00:01:27.840 align:start position:0% general manufactured goods have different characteristics, 00:01:27.840 --> 00:01:30.230 align:start position:0% general manufactured goods have different characteristics, applying <00:01:27.978><c>the </c><00:01:28.116><c>same </c><00:01:28.254><c>logistics </c><00:01:28.392><c>strategy </c><00:01:28.530><c>and </c><00:01:28.668><c>methods </c><00:01:28.806><c>would </c><00:01:28.944><c>compromise </c><00:01:29.082><c>the </c><00:01:29.220><c>precision </c><00:01:29.358><c>of </c><00:01:29.496><c>logistics </c><00:01:29.634><c>management.</c> 00:01:30.230 --> 00:01:31.850 align:start position:0% applying the same logistics strategy and methods would compromise the precision of logistics management. 00:01:31.850 --> 00:01:31.860 align:start position:0% 00:01:31.860 --> 00:01:34.190 align:start position:0% Clothing, <00:01:32.046><c>due </c><00:01:32.232><c>to </c><00:01:32.418><c>its </c><00:01:32.604><c>nature, </c><00:01:32.790><c>experiences </c><00:01:32.976><c>frequent </c><00:01:33.162><c>returns </c><00:01:33.348><c>and </c><00:01:33.534><c>is</c> 00:01:34.190 --> 00:01:34.200 align:start position:0% Clothing, due to its nature, experiences frequent returns and is 00:01:34.200 --> 00:01:36.410 align:start position:0% Clothing, due to its nature, experiences frequent returns and is heavily <00:01:34.444><c>influenced </c><00:01:34.688><c>by </c><00:01:34.932><c>seasonality, </c><00:01:35.176><c>making </c><00:01:35.420><c>it</c> 00:01:36.410 --> 00:01:36.420 align:start position:0% heavily influenced by seasonality, making it 00:01:36.420 --> 00:01:39.230 align:start position:0% heavily influenced by seasonality, making it problematic <00:01:36.589><c>to </c><00:01:36.758><c>treat </c><00:01:36.927><c>it </c><00:01:37.096><c>the </c><00:01:37.265><c>same </c><00:01:37.434><c>way </c><00:01:37.603><c>as </c><00:01:37.772><c>general </c><00:01:37.941><c>ambient </c><00:01:38.110><c>temperature </c><00:01:38.279><c>goods.</c> 00:01:39.230 --> 00:01:39.240 align:start position:0% problematic to treat it the same way as general ambient temperature goods. 00:01:39.240 --> 00:01:41.030 align:start position:0% problematic to treat it the same way as general ambient temperature goods. Fulfillment <00:01:39.420><c>can </c><00:01:39.600><c>be </c><00:01:39.780><c>understood </c><00:01:39.960><c>as </c><00:01:40.140><c>an</c> 00:01:41.030 --> 00:01:43.249 align:start position:0% Fulfillment can be understood as an 00:01:43.249 --> 00:01:43.259 align:start position:0% 00:01:43.259 --> 00:01:44.810 align:start position:0% evolved <00:01:43.369><c>version </c><00:01:43.479><c>of </c><00:01:43.589><c>3PL, </c><00:01:43.699><c>situated </c><00:01:43.809><c>on </c><00:01:43.919><c>the </c><00:01:44.029><c>boundary </c><00:01:44.139><c>between </c><00:01:44.249><c>the </c><00:01:44.359><c>two. </c><00:01:44.469><c>While </c><00:01:44.579><c>it</c> 00:01:44.810 --> 00:01:46.850 align:start position:0% evolved version of 3PL, situated on the boundary between the two. While it 00:01:46.850 --> 00:01:48.770 align:start position:0% 00:01:48.770 --> 00:01:48.780 align:start position:0% 00:01:48.780 --> 00:01:50.149 align:start position:0% does <00:01:48.840><c>not </c><00:01:48.900><c>involve </c><00:01:48.960><c>consulting </c><00:01:49.020><c>services </c><00:01:49.080><c>or </c><00:01:49.140><c>supply </c><00:01:49.200><c>chain </c><00:01:49.260><c>management, </c><00:01:49.320><c>it</c> 00:01:50.149 --> 00:01:51.770 align:start position:0% does not involve consulting services or supply chain management, it 00:01:51.770 --> 00:01:53.690 align:start position:0% 00:01:53.690 --> 00:01:53.700 align:start position:0% 00:01:53.700 --> 00:01:55.850 align:start position:0% demonstrates <00:01:53.815><c>systematic </c><00:01:53.930><c>operational </c><00:01:54.045><c>management </c><00:01:54.160><c>based </c><00:01:54.275><c>on </c><00:01:54.390><c>IT </c><00:01:54.505><c>technology </c><00:01:54.620><c>compared </c><00:01:54.735><c>to </c><00:01:54.850><c>traditional </c><00:01:54.965><c>3PL. </c><00:01:55.080><c>Furthermore, </c><00:01:55.195><c>fulfillment </c><00:01:55.310><c>is </c><00:01:55.425><c>a</c> 00:01:55.850 --> 00:01:57.710 align:start position:0% demonstrates systematic operational management based on IT technology compared to traditional 3PL. Furthermore, fulfillment is a 00:01:57.710 --> 00:01:59.870 align:start position:0% 00:01:59.870 --> 00:01:59.880 align:start position:0% 00:01:59.880 --> 00:02:02.749 align:start position:0% method <00:01:59.982><c>that </c><00:02:00.084><c>creates </c><00:02:00.186><c>added </c><00:02:00.288><c>value </c><00:02:00.390><c>beyond </c><00:02:00.492><c>storage, </c><00:02:00.594><c>moving </c><00:02:00.696><c>beyond </c><00:02:00.798><c>the </c><00:02:00.900><c>traditional </c><00:02:01.002><c>storage-centric </c><00:02:01.104><c>nature </c><00:02:01.206><c>of </c><00:02:01.308><c>3PL. </c><00:02:01.410><c>It </c><00:02:01.512><c>is </c><00:02:01.614><c>deeply</c> 00:02:02.749 --> 00:02:04.550 align:start position:0% method that creates added value beyond storage, moving beyond the traditional storage-centric nature of 3PL. It is deeply 00:02:04.550 --> 00:02:06.350 align:start position:0% 00:02:06.350 --> 00:02:08.749 align:start position:0% 00:02:08.749 --> 00:02:10.669 align:start position:0% 00:02:10.669 --> 00:02:10.679 align:start position:0% 00:02:10.679 --> 00:02:12.650 align:start position:0% involved <00:02:10.722><c>in </c><00:02:10.765><c>almost </c><00:02:10.808><c>every </c><00:02:10.851><c>process, </c><00:02:10.894><c>from </c><00:02:10.937><c>the </c><00:02:10.980><c>moment </c><00:02:11.023><c>products </c><00:02:11.066><c>arrive </c><00:02:11.109><c>at </c><00:02:11.152><c>the </c><00:02:11.195><c>logistics </c><00:02:11.238><c>center—including </c><00:02:11.281><c>packaging, </c><00:02:11.324><c>sorting, </c><00:02:11.367><c>inventory </c><00:02:11.410><c>management, </c><00:02:11.453><c>and </c><00:02:11.496><c>the </c><00:02:11.539><c>aforementioned </c><00:02:11.582><c>customer </c><00:02:11.625><c>service </c><00:02:11.668><c>and </c><00:02:11.711><c>return </c><00:02:11.754><c>processing.</c> 00:02:12.650 --> 00:02:12.660 align:start position:0% involved in almost every process, from the moment products arrive at the logistics center—including packaging, sorting, inventory management, and the aforementioned customer service and return processing. 00:02:12.660 --> 00:02:15.229 align:start position:0% involved in almost every process, from the moment products arrive at the logistics center—including packaging, sorting, inventory management, and the aforementioned customer service and return processing. In <00:02:13.245><c>summary, </c><00:02:13.830><c>fulfillment </c><00:02:14.415><c>can </c><00:02:15.000><c>be</c> 00:02:15.229 --> 00:02:15.239 align:start position:0% In summary, fulfillment can be 00:02:15.239 --> 00:02:17.210 align:start position:0% In summary, fulfillment can be defined <00:02:15.413><c>as </c><00:02:15.587><c>the </c><00:02:15.761><c>outsourced </c><00:02:15.935><c>operation </c><00:02:16.109><c>of </c><00:02:16.283><c>advanced </c><00:02:16.457><c>logistics </c><00:02:16.631><c>services. </c><00:02:16.805><c>This </c><00:02:16.979><c>is</c> 00:02:17.210 --> 00:02:18.650 align:start position:0% defined as the outsourced operation of advanced logistics services. This is 00:02:18.650 --> 00:02:18.660 align:start position:0% 00:02:18.660 --> 00:02:20.630 align:start position:0% particularly <00:02:18.807><c>relevant </c><00:02:18.954><c>for </c><00:02:19.101><c>overseas </c><00:02:19.248><c>direct </c><00:02:19.395><c>purchasing </c><00:02:19.542><c>and </c><00:02:19.689><c>reverse </c><00:02:19.836><c>direct </c><00:02:19.983><c>purchasing. </c><00:02:20.130><c>At </c><00:02:20.277><c>a</c> 00:02:20.630 --> 00:02:20.640 align:start position:0% particularly relevant for overseas direct purchasing and reverse direct purchasing. At a 00:02:20.640 --> 00:02:21.470 align:start position:0% particularly relevant for overseas direct purchasing and reverse direct purchasing. At a 00:02:21.470 --> 00:02:21.480 align:start position:0% 00:02:21.480 --> 00:02:23.930 align:start position:0% time <00:02:21.643><c>when </c><00:02:21.806><c>cross-border </c><00:02:21.969><c>parcel </c><00:02:22.132><c>delivery </c><00:02:22.295><c>is </c><00:02:22.458><c>becoming </c><00:02:22.621><c>increasingly </c><00:02:22.784><c>important </c><00:02:22.947><c>due </c><00:02:23.110><c>to </c><00:02:23.273><c>growth,</c> 00:02:23.930 --> 00:02:23.940 align:start position:0% time when cross-border parcel delivery is becoming increasingly important due to growth, 00:02:23.940 --> 00:02:25.910 align:start position:0% time when cross-border parcel delivery is becoming increasingly important due to growth, providing <00:02:24.075><c>more </c><00:02:24.210><c>sophisticated </c><00:02:24.345><c>logistics </c><00:02:24.480><c>services </c><00:02:24.615><c>is </c><00:02:24.750><c>a </c><00:02:24.885><c>task </c><00:02:25.020><c>demanded </c><00:02:25.155><c>by </c><00:02:25.290><c>the </c><00:02:25.425><c>times. </c><00:02:25.560><c>The</c> 00:02:25.910 --> 00:02:27.830 align:start position:0% providing more sophisticated logistics services is a task demanded by the times. The 00:02:27.830 --> 00:02:27.840 align:start position:0% 00:02:27.840 --> 00:02:29.809 align:start position:0% concept <00:02:27.990><c>of </c><00:02:28.140><c>fulfillment </c><00:02:28.290><c>is </c><00:02:28.440><c>evolving </c><00:02:28.590><c>even </c><00:02:28.740><c>at </c><00:02:28.890><c>this </c><00:02:29.040><c>moment, </c><00:02:29.190><c>and </c><00:02:29.340><c>I</c> 00:02:29.809 --> 00:02:31.130 align:start position:0% concept of fulfillment is evolving even at this moment, and I 00:02:31.130 --> 00:02:33.170 align:start position:0% 00:02:33.170 --> 00:02:35.330 align:start position:0% 00:02:35.330 --> 00:02:35.340 align:start position:0% 00:02:35.340 --> 00:02:36.470 align:start position:0% 00:02:36.470 --> 00:02:38.510 align:start position:0% 00:02:38.510 --> 00:02:38.520 align:start position:0% 00:02:38.520 --> 00:02:41.089 align:start position:0% believe <00:02:38.571><c>its </c><00:02:38.622><c>scope </c><00:02:38.673><c>will </c><00:02:38.724><c>expand </c><00:02:38.775><c>in </c><00:02:38.826><c>the </c><00:02:38.877><c>future </c><00:02:38.928><c>beyond </c><00:02:38.979><c>simple </c><00:02:39.030><c>delivery </c><00:02:39.081><c>and </c><00:02:39.132><c>return </c><00:02:39.183><c>of </c><00:02:39.234><c>goods </c><00:02:39.285><c>to </c><00:02:39.336><c>include </c><00:02:39.387><c>regular </c><00:02:39.438><c>product </c><00:02:39.489><c>rental </c><00:02:39.540><c>management </c><00:02:39.591><c>and </c><00:02:39.642><c>after-sales </c><00:02:39.693><c>service </c><00:02:39.744><c>for </c><00:02:39.795><c>damaged </c><00:02:39.846><c>products. </c><00:02:39.897><c>That </c><00:02:39.948><c>concludes </c><00:02:39.999><c>today's</c> 00:02:41.089 --> 00:02:41.099 align:start position:0% believe its scope will expand in the future beyond simple delivery and return of goods to include regular product rental management and after-sales service for damaged products. That concludes today's 00:02:41.099 --> 00:02:43.490 align:start position:0% believe its scope will expand in the future beyond simple delivery and return of goods to include regular product rental management and after-sales service for damaged products. That concludes today's presentation. <00:02:41.339><c>I </c><00:02:41.579><c>look </c><00:02:41.819><c>forward </c><00:02:42.059><c>to</c> 00:02:43.490 --> 00:02:43.500 align:start position:0% presentation. I look forward to 00:02:43.500 --> 00:02:45.229 align:start position:0% presentation. I look forward to returning <00:02:43.680><c>with </c><00:02:43.860><c>more </c><00:02:44.040><c>informative </c><00:02:44.220><c>content </c><00:02:44.400><c>next </c><00:02:44.580><c>time.</c> 00:02:45.229 --> 00:02:45.239 align:start position:0% returning with more informative content next time. 00:02:45.239 --> 00:02:47.720 align:start position:0% returning with more informative content next time.