What is a Perpetual Inventory System? How is it used in eCommerce Systems?
Calculating your inventory is a hectic task. Sure, periodic inventory checks are required to ensure business continuity. But, managing your stock is complex and easier said than done. Fortunately, there’s a modern solution at your fingertips – a perpetual inventory system. As a business owner, don’t complicate stuff and check out our guide to streamline […]
Ideal Warehousing Automation Strategy for Retailers
When stores use technology in their big storage places, they can better put things in the right spots and pick out orders faster. This cool thing called warehouse automation is making a big change in how stores work. It’s helping them do better in selling stuff online and in shops. Warehousing automation helps stores track what […]
Importing Made Easy: Benefits of Bonded Warehouse
Ever wondered how businesses import goods without breaking the bank on customs fees? Look no further than bonded warehouse. These warehouses are a strategic hub that can pivot the cash flow of eCommerce businesses and operational dynamics. They are like a vault of opportunity that offers businesses a powerful tool under the complexities of international […]
Guide to Supply Chain Operations 2024
These days, launching a business might seem straightforward, yet sustaining its operations smoothly and ensuring profitability remains a significant challenge for most entrepreneurs. At its core, a thriving business prioritises two key principles: the efficient production and sale of goods. Effective management of operations and supply chain is paramount for navigating the complexities accompanying growth and […]
Omnichannel Supply Chain Fulfilment Guide: What and How it is Done
Think online marketing is easy, think again! With growing digital penetration, customer satisfaction has taken a new meaning in the last decade. To meet consumers’ changing needs and preferences, brands are turning to omnichannel supply chain fulfilment. Customers in the digital age want their buying experience to be seamless. From the initial search to multi-channel […]
Optimising for Today’s Customer: How to Create a Responsive and Efficient Supply Chain in 2024
Your supply chain is the backbone of your business. So, when there are inefficiencies it can lead to delays, frustrated customers and lost profits. An Responsive and efficient supply chain can harness resources in the best possible way. We’ll see a few tips to improve supply chain efficiency shortly. From inventory management to supplier relationships, […]
7 Proven Ways to Prevent Returns in eCommerce: The Expert Guide
Here’s the brutal truth: returns in eCommerce are inescapable. Online stores allow people to shop anytime, anywhere. But, product returns are higher than physical stores, making it difficult to navigate the world of online shopping. As an eCommerce business owner, it’s critical to reduce product returns and maximise customer satisfaction. People read reviews and there […]
What is KPI Retail: Measuring 8 Metrics for Success
Retail services today have access to more data than before. As always with businesses having metrics- they can study it, measure it and find ways to improve it. As a retailer, you are always paying attention to your inventory. You must ensure items are in stock and the ones that leave the warehouse are recorded. […]
From Frustration to Fulfillment: How Production Forecasting Improves Customer Experience
Imagine yourself walking into a store, excited to purchase your favorite product, but suddenly you find it out of stock. Common experience right? Such a situation may either leave you feeling frustrated or disappointed, questioning the loyalty of your preferred brand. But what if there’s a way to avoid these problems of stockouts, ensuring customers always […]
Concept to Commerce: Know the Product Development Phases
Ever wondered how that cool new gadget went from a scribble on a napkin to a store shelf? It takes a meticulously planned journey, known as product development. This process transforms a concept into a tangible product, meticulously navigating several key phases. First, the sparks fly in the ideation stage, where the creative minds brainstorm […]
Comprehensive Guide to Pre-Shipment Inspection Methods
The goods are ready from the manufacturer and are in storage. They are ready for shipment. But they need a last check or inspection. That is where pre shipment inspection comes in. This is a quality control check that ensures the items meet agreed-upon specifications. It helps to catch issues early to avoid receiving defective […]
What is ABC Analysis in Inventory Management?
Many items move through the inventory. You can classify them. One such method to do so is the ABC or “Always Better Control” analysis. ABC analysis in inventory management classifies the items based on their value and how important they are in the business. A: high-value items, B is medium-value items and C is low-value […]
