When you consider that nearly two-thirds of revenue comes from repeat business for most companies, fostering customer loyalty in e-commerce is crucial to success. Loyal customers make more frequent purchases, and...
Generating leads is crucial for driving sales. By targeting the best prospects, nurturing relationships, and converting them into customers, you can produce sustainable growth for your supply chain operations. However,...
Online returns are now increasing at a rate faster than ecommerce sales are growing, according to Forbes. Companies need to set up strong reverse logistics plans to avoid high costs and...
The supply chain and logistics sector is a key driver of the global economy. It ensures a smooth transfer of goods and services worldwide. However, with increasing globalization and the...
The first in, first out method (FIFO) and last in, first out method (LIFO) are the two standard inventory valuation types. Each offers unique benefits, depending on your business model,...
Good warehouse slotting is a vital yet understated part of many businesses. With carefully planned organization, you can cut down on the time workers spend finding items and getting them...
The terms ‘demand planning” and “demand forecasting” are often used interchangeably in the supply chain world. You might be one of those people who has used one term when referring...
Supply chains today are more complex than ever before, which means that supply chain disruptions can have ripple effects felt around the world. While things have settled down from pandemic-induced...
Supply chain management (SCM) is about more than just making sure there’s a regular flow of materials and product availability. Without a strong focus on customer service in supply chain...
Strategic sourcing is a holistic method of managing the acquisition of goods and services in the upstream supply chain. The aim is to facilitate strong supplier relationships, streamline the procurement process,...
