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How to Optimize Inventory Management for eCommerce

EazyStock

Better Inventory Management for eCommerce. The growth of eCommerce in 2020 was phenomenal as more customers, B2B and B2C alike, shopped online due to the COVID-19 pandemic. Forrester projects that B2B eCommerce transactions will reach $1.8 A critical area of focus should be your eCommerce inventory management processes.

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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! How often does inventory need to be replenished? What is Demand Forecasting?

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Retail Trends: The Growing Demand for Click and Collect

Bringg

This post looks at how click & collect works, why demand for it is trending now, and what retailers can do to ensure click & collect experiences that are also good for their business. While interest in click & collect is not new, 2020 saw a massive spike in demand and turned it into one of the hottest retail trends.

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Understanding SKU Numbers and Their Importance

ShipLilly

You must understand the trends within your sales and growth so that you can plan accordingly. This is very different from the traditional brick-and-mortar retailer that can easily check and replenish their stock by sight alone. For example, you may specify the source and color for the same basic product. Benefits of SKUs.

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Covid pandemic puts spotlight on automation and robots

Logistics Business Magazine

The demand on ecommerce was staggering. Conversations about infrastructure, reshoring, last-mile delivery, regionalisation, automation, staffing, and ecommerce were happening across every industry. Ecommerce boom: the acceleration in ecommerce purchasing caught many companies by surprise. This is a good thing.

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Is COVID-19 the New Driving Force Behind Supply Chain Digitalization?

EazyStock

From creating connected teams using virtual streaming and collaboration tools, to increasing productivity with automation despite smaller workforces, to establishing new routes to market via eCommerce. Here’s some examples of how: Inventory optimization software automates demand forecasting.

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Why omnichannel is Proving Key to Retailers’ Survival in the Digital First Era

Logistics Business Magazine

Buy Online Pick-Up In-Store (BOPIS) initiatives, for example, proved to be a game-changer, with two-thirds of retailers (67%) who invested in this capability seeing an increased sales volume. Cementing this trend was curbside pickup, which led to the next strongest performance with 55% of retailers reporting increased sales.

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