It doesn’t matter if your operation is going global or you just need the extra storage space, at some point you’re going to run into issues with multi-location inventory management. But growth is a good thing and success brings challenges in itself. This article has everything you need to rise to the challenge and master …
Inventory carrying costs is the expense of holding inventory in stock. It’s also how merchants determine how much profit they can make off their current inventory, which means you definitely want to get it right. Fortunately, this article has everything you need to calculate, manage and reduce inventory costs so you can maximize profit. What …
If you’re wondering how to evaluate your current fulfillment partner, then let us be the first to congratulate you on your success. It isn’t easy growing an e-commerce business to the coveted point where your fulfillment operations are now too small for the size and scale of your business. In this article you’ll learn how …
You have the product and now it’s time to sell it. You have to get it to the customer, but there’s only one problem, your customers are not only spread across the country, but they buy on different online marketplaces. Fortunately, there are ways to sell on multiple platforms; expand to new distribution channels, and distribute …
Is free shipping really the best option? Do customers prefer free shipping? Can free shipping actually improve sales? If you’ve asked these questions before, then you’re wondering about the psychology of free shipping. So we created this article on the psychology of shipping costs and how to advertise free shipping. Why is Free Shipping Important? …
It doesn’t matter if you’re a thirty year veteran of the industry or new to managing a warehouse, you need a warehouse management system (WMS) to keep your facility operating at peak efficiency and performance. In this article you’ll learn how to choose the right warehouse management system for your warehouse and, most importantly, how …
Your e-commerce business is growing, congratulations! It’s no small feat to grow a successful business these days and you should be proud of your success. We’d tell you to take a vacation to celebrate but that is the last thing you should do. With e-commerce growth comes new supply chain complexities that need to be managed …
Due to the COVID-19 outbreak, we can say that the future of distributed inventory is almost certain. With mass quarantines in place, e-commerce is no longer just facet of your distribution strategy, it IS your distribution strategy until the Coronavirus passes and stay-at-home orders are lifted. In this blog post we analyze how the Coronavirus …
For most retailers, stockouts are a worst case scenario. You can’t make any money if you run out of inventory to sell, but holding too much inventory can eat away at profitability. You have to strike the right balance between out-of-stock and overstock. In this article you’ll learn the basics of inventory management and the …
E-Commerce is an extremely competitive business. To succeed you need ambition, ingenuity, and the willingness to learn. That last bit is important, because without the willingness to learn, you have a diminished chance of understanding this industry well enough to survive it. Fortunately, this installment of the E-Commerce Fulfillment Learning Series by Flowspace has everything you …