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
When deciding whether to outsource warehousing and distribution, it is essential to consider if your business is experiencing rapid growth, struggling with inefficiencies, or spending too much money on warehousing and distribution. When faced with supply chain difficulties, you have a choice to make; you can keep trying to manage logistics internally or outsource your… Continue reading 6 Critical Reasons to Outsource Your Warehousing Operations
Traditional warehousing may not cut it anymore to meet customer expectations of speedy order fulfilment. To support multi-channel sales – warehouse space, capacity, and operations should be optimised and aligned with the consumer demand. The main goal behind warehouse operations is to effectively store and distribute the product you sell at the shortest lead time… Continue reading How Brands Can Benefit From Outsourcing Warehouse Operations
The retail industry has broadly acknowledged and understood that slow and steady might no longer win the race. Operating in this digital age, being fast and accurate in order fulfilment is crucial to success. Today B2B and B2C consumers expect fulfilment beyond seamlessness of identifying and buying a product, accuracy and on-time delivery, to post-sales… Continue reading 7 Best Ways to Reduce Omnichannel Fulfilment Costs
A free returns policy by online retailers has been pivotal in the exponential growth of online sales platforms. The easy returns option has not only lured conventional brick and mortar stores, customers to online sales channels but has also given the customer more comfort and confidence in online shopping. This has indeed led to a… Continue reading E-commerce Return Analysis: Solution to the Trillion-Dollar Returns Problem
A high-low pricing strategy is one that runs a substantial gap between the regular or listed price of any product and its promoted price. The high-low method is a retail price optimization strategy adopted to give consumers the perception of a bargain without any compromise on the perceived value of the brand. The most important… Continue reading What is a High Low Pricing Strategy in Retail? Find the ideal price for your product.
What is Retail Price Optimization? Customers are comparing prices all the time and across channels – online and offline. They have apps that suggest discount codes and they are always looking for offers that give them the most value for their money. Even in such a time of changing consumer behaviour, unfortunately, many retailers rely… Continue reading Maximize profits with Retail Price Optimization
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
With the increasing digitization of inventory records, product codes, and warehouse registers, human intervention in warehouse management has decreased drastically. To ensure seamless inventory management, a cutting-edge e-commerce Warehouse Management System (WMS) is essential. Formidable challenges like planning and tracking inventory, minimizing delays in fulfillment, and holding minimum possible inventory can be effectively tackled by… Continue reading How To Choose The Best WMS For Your E-Commerce Business To Maximize Revenue?
As competition intensifies across the e-commerce space, brands must offer faster deliveries and efficient order fulfillment to stay competitive. Being able to project demand accurately and maintain inventory levels according to customer expectations is crucial. A major factor influencing customers’ perception of a brand is the time taken by a retailer to deliver an item… Continue reading How Demand-Based Inventory Distribution Helps Future-Proof Your E-Commerce Business
