The struggle to fulfill customer orders is considerable, and one that every ecommerce business owner understands. Whether you operate a small business or you’re trying to build something larger, order fulfillment remains one of the most expensive and most challenging parts of business ownership. And it doesn’t seem to be getting any easier, either. According […]
No matter what your industry might be, you work with suppliers. It could be raw materials, partially finished products, or even fully finished products that you then resell to your own customers. The challenge today is that the supply chain is becoming more and more complex.
Every company whose business involves the management of stock should be familiar with inventory-related terminology. Some of the many terms include: active stock, aisle, ATA, ATD, backorder, barcode, SKU, blind receiving, 3PL, 4PL, buffer stock, ending inventory, cargo, cross-aisle, consolidation, cross docking, cycle count, DDP, DSD, EAN, FIFO, LIFO, fixed slot, inventory system and more. […]
eBay Dropshipping: Benefits, How It Works & What to Expect Running an online business has become one the largest trends of the last decade, and people have slowly grown accustomed to getting everything and anything they need without having to go to offline stores and shops. This has, in turn, required entrepreneurs and online businesses […]
One of the most important calculations to factor in when running a business is the concept of margin. A margin calculator is bound to be your best friend when calculating an item’s revenue. Defining the gross margin of an item is relatively easy to understand and has a straightforward method that directly influences the core elements of […]
