Technology and system integration are taking E-Commerce to new heights. Image source After just a few decades of existence, E-commerce has become a staple of the worldwide economy, rivaling brick-and-mortar shopping as the de facto order fulfillment mode for millions of businesses and individual customers. Third-party platforms, enhanced user experiences, and unlimited mobility have continued […]
The Pros and Cons of Vendor Managed Inventory
Effective partnerships benefit retailers as well as suppliers. ©alvarez via Canva.com Inventory management can be complex, labor intensive, and costly for companies of all types and sizes. What if there was a way to minimize this burden by outsourcing inventory management to someone else? And who better to assume this responsibility than the suppliers who […]
7 Keys to Overcoming Real-Time Inventory Blind Spots
Technology and best practices give you an unobstructed view. Image source Visibility has always been one of the primary objectives of inventory management. Before computers and barcode scanners arrived on the scene half a century ago, locating items in the warehouse or pulling work orders often involved tedious searches that were frustrating for retailers and […]
Omni-Channel Commerce and Multi-Channel Commerce: What’s the Difference?
Breaking down the differences between these valuable practices ©Tzido via Canva.com Omni-channel commerce and multi-channel commerce are more than just industry buzzwords. With multi signifying “many” and omni translating to “all,” both concepts are systems designed to reach customers in a variety of ways. In the past, this might have meant a combination of brick-and-mortar […]
5 Unconventional E-commerce Success Stories
E-commerce triumphs come in all shapes and sizes. Image source There is no shortage of online sales competition, with over 26 million E-commerce websites already in operation around the world, and more appearing every day. A unique product, an effective marketing strategy, and a bit of luck go a long way towards making online businesses […]
6 Keys to Creating an Effective B2C Webstore
Keeping the customer in mind as you optimize your E-commerce storefront. Image source Electronic business-to-consumer (B2C) shopping, or E-commerce as it is commonly known, is an idea that predates the internet as we know it. Forty years ago, Mrs. Jane Snowball became the first online B2C customer when she placed an order from her local […]