Success in the fast-paced world of diverse marketplaces hinges on selling efficiently. As an e-commerce seller, you face a daunting challenge: standing out in a crowded digital marketplace while streamlining your operations to meet customer demands swiftly. To navigate this intricate landscape, you need the right tools and strategies to optimize your selling process and… Continue reading How to sell effectively on online marketplaces?
Itemized serialization pays rich dividends to your business by optimizing processes, making inventory 100% traceable, minimizing human errors, and increasing transparency throughout the supply chain. Here are 10 unrealized benefits of serialization for the brands: 1. Inventory accuracy and traceability Serialization detects and prevents duplicate scanning of items thus ensuring 100% accuracy. Since all the… Continue reading 10 Unrealized Benefits of Serialization
Warehouse automation is fast becoming one of the essentials of supply chain management. But there are some very common myths that have been making rounds in the industry and believe it or not, even the most seasoned professionals may fall for them. In this blog, we clear the air around some preconceived notions surrounding warehouse… Continue reading 5 Myths on Warehouse Inventory Management Busted
In today’s retail environment of fast fashion, retailers have to replenish their inventory constantly. One of the main challenges faced is finding the right balance between being proactive in forecasting demand and reacting to changes in supply and demand. Seasonal inventory management is a business method used to manage inventory allocation and replenishment most… Continue reading Seasonal Inventory Management: New-Season Allocation & Mid-Season Replenishment
Creating a winning product mix and depth in stores is one of the biggest challenges for the modern retailer. The rise of online shopping, and the growth of e-commerce, have made it even more challenging for traditional retailers to keep up with demand in today’s dynamic omnichannel marketplace. The rise of e-commerce has been good… Continue reading Retail assortment planning; Creating a winning product mix & depth in stores
While brands are increasingly taking to the digital space, physical stores continue to play an important role. Two ways in which physical stores can complement online channels are by acting as local fulfillment centers and being an easy contact point for receiving returned goods from customers. Omnichannel poses a number of challenges for optimizing operations,… Continue reading The Art of Merchandise Planning for Omnichannel Retail
As omnichannel retail becomes a steady trend, conventional allocation and forecasting can cost millions and appear to be rather tedious. The omnichannel approach demands proactive and integrated strategizing across all points of sales, responsive allocation, and timely replenishment. The growth of omnichannel retail has therefore created new challenges for retailers, especially in allocation and replenishment.… Continue reading Allocation and Replenishment for Omnichannel Retail
As the global economy becomes interconnected and complex, companies find it challenging to meet customer expectations. They must make supply chain decisions faster, decisive, and accurate, and have the ability to implement those decisions rapidly and transparently. Integrated demand planning is necessary to remain competitive in today’s marketplace. It amalgamates the supply side and the… Continue reading Building Digital Supply Chains with Integrated Demand Planning
D2C e-commerce is growing faster with increasing penetration of mobile and internet services, and the mushrooming growth of 3PL companies, especially in the urban areas. It offers benefits like cost-cutting, greater control of the supply chain, better quality management, and more efficient returns management. All this requires automated support in terms of inventory storage, order… Continue reading How D2C Brands Scale Exponentially with New-Age Inventory Management & WMS Solution
Every business begins with a plan which, if not executed properly, impacts growth and expansion. Inventory management is a critical part of retail businesses and many businesses use Excel as their initial inventory management tool as it is user-friendly and readily available on all computers. Nearly 46% of Small and Medium businesses don’t track their… Continue reading The Cost of Human Error in Merchandise Planning: MS Excel vs New Age Merchandising Planning Software
