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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! If you had a crystal ball, what is the first thing you would ask?

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How to Ensure Effective Third-Party Deliveries and Excellence in Your E-commerce Logistics Operations

Locus

How Locus’ ShipFlex ensures effective third-party deliveries and excellence in your e-commerce logistics operations The increased demands of D2C driven by customers have pushed the entire delivery ecosystem to make carriers more competitive. Schedule a demo with us! Are you looking to simplify multi-carrier delivery management?

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How to Avoid Fulfillment Mispicks in Ecommerce

Ship Monk

Back in 2013, in a survey of 250 supply chain executives, more than half of them reported picking error rates of 3-4%, with each mistake costing the company an estimated $22. Most ecommerce businesses process far more than 1,000 orders per year. But let’s take a look at accuracy. But consider this. Naturally, we’ve got a few ideas!

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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 a few short weeks they’ll find out just how accurate their demand forecasting method was. Furthermore, no method is 100% accurate.

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What Is An Exception In E-Commerce Delivery?

Locus

A survey predicts that e-commerce sales in India will hit the $100 billion mark for the first time in 2023. Most small eCommerce and delivery firms rarely have the resources to manage delivery exceptions. How to respond to delivery exceptions? Schedule a Demo. Higher Overheads. Source: [link].