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Launch Fulfillment, Springville, Utah, United States: Launch Fulfillment

Company: Launch Fulfillment, Springville, UT
Nomination Submitted by: Unhinged Creative Agency
Company Description: Launch Fulfillment specializes in 3PL services. They offer a wide-range of comprehensive solutions including warehousing, order fulfillment, and distribution. Their focus is primarily on e-commerce logistics strategies involving supply chain logistics, software integrations, and other cutting-edge logistics technologies to help their clients succeed.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Fastest Growing Company of the Year - Up to 100 Employees
2024 Stevie Winner Nomination Title: Launch Fulfillment
  1. Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the achievements of the nominated organization since January 1 2022, OR written answers to the questions for this category? (Choose one):
    Written answers to the questions
  2. If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.

     

  3. If you are providing written answers for your submission, you must provide an answer to this first question: Briefly describe the nominated organization: its history and past performance (up to 200 words):

    Total 197 words used.

    The Start of Something Special

    In 2019, Launch Fulfillment ventured off into the competitive e-commerce fulfillment market with nothing more than the grit and determination of its two founders.

    Without clients, a warehouse, or substantial investment, the duo bootstrapped their way into the 3PL scene, meticulously carving out a niche for their business in Utah. This humble beginning was marked by an unwavering commitment to excellence and a deep understanding of the logistics landscape.

    A Burgeoning Brand

    A Burgeoning Brand

    Over the past five years, Launch Fulfillment has experienced remarkable growth. We see this as a true testament to its strategic approach and customer-centric philosophy. The company has rapidly evolved from its modest origins, becoming a pivotal player in the 3PL industry.

    This growth trajectory has led to the expansion of its operations, with the opening of warehouses across various parts of the country.

    Plans to Expand Internationally

    Looking ahead, the company's vision extends beyond national borders, with plans to establish additional hubs internationally.

    In just half a decade, Launch Fulfillment has transformed from a small startup to a formidable force in the 3PL industry, paving the way for further growth and domination of the 3PL space.

  4. If you are providing written answers for your submission, you must provide an answer to this second question: Outline the organization's achievements since the beginning of 2022 that you wish to bring to the judges' attention (up to 250 words):

    Total 199 words used.

    Unimaginable Rapid Growth

    Since 2022, Launch Fulfillment has achieved remarkable milestones, showcasing its rapid growth and innovation in the 3PL industry.

    The Highlights

    Although there are countless examples of sales and revenue growth, here are some of the highlights:

    Impressive Revenue Growth: Launch Fulfillment's revenue escalated from under $950,000 to over $14 million between 2020 and 2023, highlighting significant market growth and operational success.

    Expansion of Warehousing Facilities: Added two 70,000 square feet warehouses, one locally and another in Kentucky, enhancing storage and fulfillment capacity and extending geographical reach.

    Rapid Hiring for Logistical Needs: Since their inception, Launch Fulfillment has added an average of about 12 new employees per year with just under 60 now working for their fulfillment and logistics centers. 

    Adopting Advanced Technologies with A.I. and Automation: To remain at the cutting-edge of 3PL fulfillment, Launch has made it their mission to adopt new technologies like A.I. and automation over the past year. 

    Brand New Business Prospects with 3PL Software: Since 2022, Launch has been working on a proprietary software that's set to revolutionize 3PL order billing. They have plans to make this a brand new extension of Launch in the coming future.

  5. If you are providing written answers for your submission, you must provide an answer to this third question: Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):

    Total 151 words used.

    Identifying and Improving 3PL Fulfillment

    To go beyond the incredible revenue and company growth numbers, Launch Fulfillment stands out from its competitors because they have consistently been able to identify the needs of its industry and improve upon the standards. 

    In other words, they are true innovators in the 3PL world.

    Software and Other Revolutionary Tech

    With their proprietary software on the horizon and their push into automation and A.I. in their strategically placed warehousing, this unprecedented growth is just the beginning. 

    Launch Fulfillment will continue to push the boundaries of third-party logistics and prove that its current growth is not just an anomaly, but a new standard that other companies in Utah will have to acknowledge and respect. 

    Utah's economy is truly booming and Launch Fulfillment plans to be right in the middle to take advantage of what comes next. The sky is the limit for these hungry entrepreneurs. 

  6. You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):

     

Attachments/Videos/Links:
Launch Fulfillment
No attachment available for this nomination.