The pandemic has brought the world to a halt. As the pandemic continues to threaten humanity, the world has learned to live online. So businesses are still struggling to survive in the Covid-19 [...]
Ever since the Coronavirus pandemic hit the world, eCommerce sales have risen dramatically by almost 47% during the last holiday season. Even as the pandemic lingers, with related concerns [...]
Some large, traditional enterprises have the resources to create their own warehouse, set up warehouse processes, and hire their own workers. Retaining control of their own warehouse makes the [...]
Inventory management is a business process that can improve your profits. It is commonly practiced by large organizations—companies that have the leisure to optimize every part of their [...]
Do the terms warehouse and fulfillment center mean the same? Do they refer to the same industrial storage unit? Well, in simple terms, yes, both are designed as inventory storage, but [...]
Consumer psychology is a key influencer in marketing and can be a vital path to increase eCommerce sales. Let’s see how consumer psychology plays a part in driving sales. Novelty [...]
As an entrepreneur, you are looking for ways to optimize your business and make more money. To begin with, you may want to take steps to increase average order value in your online store. [...]
What is reverse logistics? The term encompasses all the practices used to return items from the final customer back to the company. A typical example is seen in e-commerce businesses, which often [...]
FIFO stands for “first in, first out.” It is a way of keeping track of the cost of your inventory. It means that the first items you put into your inventory are also the first items you sell. The [...]
The Covid-19 pandemic has resulted in a very challenging situation in supply chain management. Research finds that the supply chain risk increases due to dependence on external suppliers. [...]