Remove Demo Remove Examples Remove Meeting Remove Procurement Analytics
article thumbnail

Customer Relationship Management for Ecommerce Brands

Ship Monk

Customers are mostly anonymous, and purchases are made or abandoned, seemingly on a whim. Today’s CRM platforms have adapted and expanded their tools to meet the needs of ecommerce businesses. Analytics tools help you test and measure ad performance and email click-throughs.

article thumbnail

Artificial intelligence and machine learning in supply chain management

EazyStock

For example, navigation apps, facial recognition, smart assistants, and even robot vacuum cleaners at home use this smart tech. Here are some benefits of combining machine learning with advanced analytics and real-time monitoring to get complete visibility across the supply chain. AI was once only seen in science fiction.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The fundamentals of demand planning and forecasting

EazyStock

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Determining the right stock levels to meet demand is vital for customer satisfaction. It removes the need for manual spreadsheets and provides easy-to-access reports and data.

article thumbnail

The fundamentals of demand planning and forecasting

EazyStock

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Working out the right stock levels to meet demand is vital for customer satisfaction. It removes the need for manual spreadsheets and provides easy-to-access reports and data.

article thumbnail

7 Key Strategies To Keep Up With Changing Last-mile Customer Expectations

Locus

The above statement is spot on, largely because of its subtext: Customers spend their money elsewhere because they are not happy with how companies meet their expectations. Take last-mile deliveries for example. When e-commerce was in its infancy, people were more forgiving around meeting delivery times. – Statista, U.S.

article thumbnail

7 ways freight tech reduces operations costs and improves profits for carriers

FreightWaves SONAR

While descriptive analytics can help carriers understand what happened, knowing when to refuse loads or charge a higher cost can be difficult. Quite simply, it costs money to ship freight and the amount can vary significantly by region, zone, mode and more. Debt and interest payments are not included in these costs.

article thumbnail

What is Work in Process Inventory (WIP)?

Ship Monk

This is important because inventory is considered an asset, and its value must be calculated at the end of every accounting period for financial reporting. If your eCommerce business makes and sells hats, for example, you purchase raw materials such as fabric, thread, leather, ribbon, etc. to make the hats.