One of the largest (and oldest) challenges facing any retailer is the difficulty of effectively balancing supply with demand. Though it may be hard to find, there is a balance that satisfies the need to both sell as much as possible without incurring the costs of excess stock. In this guide to supply and demand balancing, …
Demand forecasting is an essential component of any supply chain strategy because, without it, you’d have no way to estimate how to purchase material to meet customer demand. In this guide to demand forecasting, you’ll learn how to forecast demand and the best practices for demand planning in the supply chain. What is Demand Forecasting …
Whether you’re a customer or a retailer, shipping is the most complicated and expensive component of any e-commerce transaction. It takes time, money, and labor to pick an item off a shelf, package it up, and ship it out via the most efficient, cost-effective method possible. In this guide to automated shipping, we’ll discuss the …
How do I track my package? Why is my package taking so long to deliver? What does order confirmed mean? Is dispatched the same as shipped? As a retailer, you probably run into a lot of customers with questions like these. Fortunately, this guide to shipping statuses and last-mile delivery has everything you need to …
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 …