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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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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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The Golden Route: Perfecting Diwali Deliveries This Festive Season

Locus

Let’s find out the three key strategies for brands to enable last-mile excellence during this Diwali season! It’s time to embrace and invest in ‘phygital’ strategies, creating retail experiences that don’t just cater to, but anticipate and elevate, the evolving desires of the Indian shopper.

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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. In a May 2022 survey , 94% of consumers stated that positive customer service experience made them more likely to buy again.

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With Great Volumes Comes Great Uncertainty: A Guide to Navigating Peak Season 2021

Locus

E-commerce is among the most promising omnichannel retail strategies. According to McKinsey Consumer Pulse surveys undertaken by the firm, close to 75% of people that are using digital channels for the first time will continue to do so even after normalcy is restored. for the United States in 2020. growth last year. Share and Enjoy !

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Shippers Navigating an Evolving LTL Marketplace

Blue Grace Logistics

Ecommerce sales rose swiftly during the pandemic, significantly increasing demand in the less-than-truckload (LTL) space. BlueGrace Logistics sought to learn more about this dynamic and teamed up with FreightWaves to survey shippers about the state of the LTL market and their approach to LTL shipping in today’s environment.