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 […]
Technology innovation is often a competitive advantage for players in the eCommerce industry. The industry is heavily dependent on technology, which forms the basis of its business models. An Order Management System (OMS) is an example of such a technology that has proven to significantly ease the complex task of managing eCommerce operations. If you […]
6.8 billion payments in just a quarter, a 9% jump from last year. ACH is the new payment process widely used in the middle of this pandemic. Many business houses are counting this as a fundamental shift. The primary reason for this growth is the rise of B2B payments. “The modern ACH Network serves the […]
It’s official: the world is going online. As if the digital revolution was not enough, the whole COVID-19 situation has further pushed us into a digital future. With a digital disruption in every aspect of our lives, societies are relying on technology now more than ever to connect with their friends and families, access essential […]
Increasing wholesale sales sounds like a piece of cake, right? You just need to find new customers or sell more to your existing customers. Well, if you have been in the wholesale industry for quite some time, you probably know it is not that simple in reality. The B2B wholesale and distribution dynamics are changing […]