Taking online business-to-business sales to the next level Image source The term E-commerce usually brings to mind familiar business to consumer (B2C) websites that have revolutionized the way we shop over the past 20 years. Business to business (B2B) E-commerce arrived on the scene decades earlier, with pioneering companies utilizing pre-internet technologies like Electronic Data […]
Reviewing the benefits and pitfalls of advanced forecasting methods ©Africa images via Canva.com Crystal balls and tarot cards may not have been part of the original demand forecasting toolkit, but it wasn’t long ago that intuition and personal experience were the pillars of forecasting for both production and procurement. As statistical methods and software tools […]
Getting started with Walmart Marketplace is easier than you might think. Image source Inventory management software can play an essential role in streamlining eCommerce product listings, inventory tracking, and order processing as you tap into the power of Walmart Marketplace. For over 60 years, Walmart has redefined the retail shopping experience by taking economies […]
The past, present, and future of point of sale hold unexpected possibilities. Image source Retail point of sale (POS) is not a new concept. The mechanical cash registers of the 1800s were considered the first true point of sale devices, with materials, payments, and records exchanged simultaneously at the checkout stand. The POS lineage can […]
A logical inventory hierarchy streamlines the inventory management process. Image source Unless your business builds or sells just one SKU, you understand that inventory items are not all managed equally. High priced, long lead time items tend to be monitored closely while low value items might be managed by simply refilling kanban bins periodically. How […]
With dozens of options, make sure the platform you select checks these seven boxes. Image source E-commerce is as old as the internet itself, but things really took off in the 1990s when companies like Amazon and eBay became ingrained in our consciousness. Today, establishing and maintaining a strong online presence is almost compulsory for […]