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Demand Forecasting 101: Everything eCommerce Businesses Need to Know

Ship Monk

For an eCommerce business owner, the answer is obvious: How the heck do I get a handle on my inventory management ?! Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! The COVID-19 pandemic was a prominent example. #5 What is Demand Forecasting?

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Importance of Social Proof in Ecommerce

Ship Monk

What can ecommerce businesses do to leverage this power? And when we feel uncertain, humans tend to look for examples of what others in our situation have done. That, in a nutshell, is why ecommerce businesses cannot afford to ignore the importance of social proof. That’s a mind-blowing statistic. What is Social Proof?

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Demand Forecasting: How It Enhances Ecommerce Operations

Ship Monk

As the holiday shopping season reaches its peak, ecommerce business owners everywhere are crossing their fingers, hoping they have enough product in stock and that they didn’t order too much. In truth, demand forecasting, or estimating how much product you’ll sell in the future, is one of the toughest challenges for any ecommerce business.

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Last Mile Maturity Report: Elevate customer experience, outrun rivals 

Locus

In India for example, almost 70% of the organizations are not confident that their Last Mile operations will deliver real-world growth and memorable consumer experiences. Schedule a Demo References: [link] The post Last Mile Maturity Report: Elevate customer experience, outrun rivals appeared first on Locus Blog.

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Why automation is the next step in your dispatch optimization journey

Locus

Take the example of last year’s holiday season. According to a McKinsey survey , close to 70 percent of consumers switched brands and retailers if they found a product to be out of stock. To know more about how DispatchIQ can help unleash the power of automation for your business, click here to schedule a demo with us today!

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Five Reasons SMBs Suddenly Make Sense For Forwarders

Freightos

Ecommerce is one reason. For example, there are over 100,000 companies that sell over $100,000 worth of goods annually. Pioneers may lack coverage (for now), according to a Transport Intelligence mystery shopping survey, but this will soon change. REQUEST FREE FREIGHTOS DEMO. It’s official.