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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? What is Demand Forecasting?

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Why automation is the next step in your dispatch optimization journey

Locus

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. Its dynamic algorithms ensure that orders are scheduled optimally through vehicles and routes that take into account 280+ constraints. Take the example of last year’s holiday season.

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Managing the Realities of the “New Normal” LTL Shipping Environment

Blue Grace Logistics

With eCommerce order volumes and consumer demands high and continuing to rise, shippers have turned to LTL in lieu of truckload freight to meet these needs. So, to learn more about these challenges and how companies are addressing rate increases, capacity restraints, and other issues, we sponsored a survey. Here’s what we learned.

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Last Mile Maturity Report: Elevate customer experience, outrun rivals 

Locus

Access The Complete Set of Insights Adopting a robust technology to optimize and automate your last-mile operations is a logical way forward. Take Last Mile Maturity Assessment On completion of the assessment, businesses are then assigned one of three stages of last-mile maturity, which are: Emerging, Growth and Optimized.

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Do Shopping Trends Drive Singles’ Day Sales?

Locus

By adopting sound logistics and supply chain management systems, businesses can track, measure and optimize their energy consumption and implement green logistics initiatives. DispatchIQ is Locus’ AI-driven delivery route optimization solution that plans daily dispatches by intelligent clubbing of orders. Schedule a demo now !

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The Golden Route: Perfecting Diwali Deliveries This Festive Season

Locus

Optimal route suggestions not only save on costs but also trim down fuel usage, making a dent in our carbon footprint. If an electric vehicle is optimal within a 20-mile radius and has charging points en-route, the software plots accordingly. But the benefits don’t end there.

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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.