A purchase order is an official contract between the supplier and a business for the purchase of goods and services. It ensures that the supplier delivers assured quality and quantity of goods and services in the given time frame. Purchase order not only eases the purchasing process but is a fantastic tool to simplify the […]
The appalling time of the COVID-19 pandemic has restructured the way businesses operate throughout the world. The social distancing norms and other regulations have brought a significant change in consumer behavior. Reports say that this change in consumer behavior has accelerated the shift from physical stores to eCommerce websites by 5 years. To remain future-proof, […]
The pet supplies industry is in a unique position to witness outstanding growth in the coming year. Businesses with a considerable product portfolio, optimized supply chain, and online presence can leverage this forthcoming wave of growth. However, to translate this growth into healthy margins, optimizing the cost of inventory will be essential. What is the Cost […]
The pet supplies industry embodies some of the best segments for growth. It is one of the very few markets where direct-to-consumer brands and the more established platforms like Amazon and Chewy – are both witnessing growth in some form. The pandemic restated what is already known – pet supplies will remain an essential need […]
The eCommerce supply chain is dynamic and in dire need of increased visibility, accuracy, and transparency. To unlock efficiencies, eCommerce vendors are often dependent on third-party logistics companies, commonly referred to as the 3PL companies. They form the backbone of the logistics and supply chain systems. But their operations are primarily dependent on warehousing and […]
The fashion & apparel industry has been the stalwart of growth & profitability for several years now. Brands that understand key trends in fashion and have an adaptive supply chain have garnered exponential growth. Since the inventory has practically unlimited shelf-life, as far as the distributors and retailers can maintain their goods’ quality, they can […]
Coffee remains one of the largest commodities that have a large consumer base, several variants, is distributed in both organized & unorganized segments, and is still witnessing considerable growth. This is because of the increasing consumption of coffee and its role in the modern-day perception of being a functional drink for productivity and a leisurely […]
The appalling time of the COVID-19 pandemic has restructured the way businesses operate throughout the world. The social distancing norms and other regulations have brought a significant change in consumer behavior. Reports say that this change in consumer behavior has accelerated the shift from physical stores to eCommerce websites by 5 years. To remain future-proof, […]
The technological advancements and the ever-expanding eCommerce sector has truly globalised shopping for people. Consumer buying behaviour is gradually changing, and more people rely on online shopping now than ever before. EMarketer estimates that the global eCommerce business in the current year has crossed a value of $3.914 trillion. Hence, it is a golden opportunity […]
For any Wholesaler, or for that matter, even for a Retailer, Warehouse/Inventory Management is an important function. Efficient Warehouse Management not only drives profitability and margins, but it also helps in managing Working Capital requirements optimally. While it can be particularly challenging to collate all the data that would be required to monitor Inventory movement […]