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 …
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 …
As a member of the e-commerce community and a part of the global supply chain, we at Flowspace feel it is our duty to bring you up to date information on the Coronavirus; its effects on impacted communities and what is being done to help those in need. There are many e-commerce brands that are …
As the coronavirus spreads globally and the various quarantines bring the economy to a grinding halt, most businesses are in crisis management, assessing the damage and trying to pick up the pieces of our frighteningly fragile supply chain. Though there are some signs that exports from China are on their way, and there is a …
As the world struggles to contain the outbreak of Coronavirus, those in the supply chain industry are struggling to manage the epidemic’s rapidly growing impact on their corner of the market. Unfortunately, reports on the extent of the current pandemic are increasingly grim. In this article we’ll explain the ways in which COVID-19, commonly known …
Picture this scenario – you’re shopping the online store of your favorite retailer when you see a shiny new product that you just have to have. You buy it without a moment’s hesitation and you even fork over the extra cash for same day delivery. That evening, you sit in your home checking the retail …
It’s that time of year again where we tighten our belts and commit ourselves to improving our lives in the coming year. How you go about improving your situation depends entirely on who you are now and who you want to be in the new year. If you own an e-commerce business, 2020 can be …
There is no doubt about it. If you want to run a successful e-commerce business, you have to minimize your logistics costs. But how do you reduce logistics costs without sacrificing service or customer satisfaction? Fortunately, the majority can be mitigated with sound logistics planning, informed decision-making, and the right 3PL to back you up. …
If the trade and tariff tumult of the last year has shown us anything it’s that nothing is certain in the logistics industry, except consumer demand for same day or next day deliveries. In today’s e-commerce market, it’s no longer ok to simply be fast – as an e-commerce business, you need to pull out …