Inventory management is a strategic ecommerce issue that affects profitability and customer service. Additionally, many fulfillment centers have overstock inventory tying up valuable space. Here is a primer on liquidation strategies and ways to reduce overstock levels, freeing up valuable space and flowing dollars to the bottom line.
Considering all the challenges facing today’s ecommerce fulfillment center operations, how should you go about conducting an assessment, and what are the objectives? Here are 12 key aspects of a complete ecommerce fulfillment center assessment that will help make your operations more productive and efficient.
Innovation around the Internet of Things (IoT) is advancing rapidly, enabling data sharing among millions of devices and tagged items and providing new levels of visibility and traceability. Experts from FedEx and Microsoft will discuss the latest advances in IoT and results within their organizations at Ecommerce Operations Summit.
When cart abandonment is caused by things in your control, like incorrect inventory information or delayed shipping dates, you should be able to identify the issue and fix it immediately. The good news is that automation and AI are starting to solve ecommerce supply chain problems before they can significantly impact the business.
Ohi, a startup looking to democratize same-day delivery for smaller direct-to-customer brands with analytics and micro fulfillment centers in unused commercial spaces, has raised $2.75 million in a seed funding round led by Flybridge Capital Partners. Its first MFCs are in Manhattan, Brooklyn and LA, with more to come in SF and DC.
An agile ecommerce supply chain is focused on speed, cost savings, productivity and responsiveness and flexibility to market demands. Supply chain management (SCM) exists to improve a company’s long-term performance. Here are 10 steps to help you improve your ecommerce supply chain agility and performance.
Over the last decade, booming global ecommerce has given small businesses around the world an opportunity to expand their reach in D2C. But this expansion does come with challenges, especially in the area of payments. See how State Cashmere addressed currency and taxation issues while freeing up working capital to fuel growth.
For a long time, IoT has been a transformative force for an array of industries, with 70% of the world’s retail and ecommerce providers betting on connected tech to drive tangible business value. If you’re not in the loop about how IoT can improve your warehouse management or enhance your marketing efforts, here are four recommendations made by IoT and ecommerce development providers.
If you’re thinking about replacing your inventory management system, a search will turn up literally hundreds of commercially available systems, including specialized ones that may not fit your multichannel business. Here are the top 6 features that you should be considering when upgrading your system, and what to look out for.