Order Management Systems
Competition plays a huge factor in the retail industry. Operating in a highly saturated market, retailers must constantly work towards meeting their customersโ expectations quickly while providing a high-quality experience. With price and convenience being the two biggest factors affecting consumer purchase decisions, retailers must find ways to keep costs down while continuing to streamlineโฆ
With the leaves turning colors and the arrival of cooler temperatures, retailers are turning their attention to ensuring their e-commerce systems are ready for holiday 2023. The complex, fluctuating economic conditions this year mean theyโre facing a distinct set of challenges: ever-present inventory planning and delivery logistics challenges alongside a prediction of flat or modestโฆ
The retail landscape is swiftly gearing up for its busiest time of year, punctuated by Black Friday and Cyber Monday (BFCM). New research paints a picture of an industry feeling the pressure, grappling with economic hurdles, data inconsistencies, and rising costs. Amidst global supply chain disruptions, fluctuating consumer demands and spending, the urgency for brandsโฆ
Parents sending their kids back to school are in no mood for shopping shenanigans this year. Shoppers who might tolerate long lines, high prices, and crowded parking lots have no patience for retailers that advertise products they then donโt have in stock. That's why many retailers use modern inventory data management tools to help ensureโฆ
Modern retail brands need flexibility, scalability, and the ability to tailor solutions to their needs. Thereโs a lot of pressure to exceed customer expectations, expand into new channels and new markets, and grow business, and after several years of COVID-influenced upheaval and facing the headwinds of an uncertain global economy, those pressures are amplified. Out-of-the-boxโฆ
Order management is a critical process for B2B and B2C retailers looking to expand their digital commerce operations. As online sales continue to grow, with expectations that by 2025, retail e-commerce sales worldwide could reach $7.391 trillion, digital commerce companies must ensure they have the technology backbone in place to deal with the uptick. This includesโฆ
Supply chains and logistics have seen seismic shifts forward in recent years. In 2020 alone, companies fast-tracked the digital transformation of their internal operations โ and their customer and supply chain interactions โ by three years to four years. The digitization of third-party logistics (3PL) providers began in the mid-90s, but the pandemic fueled progressโฆ
Amazon Prime Day is globally recognized as one of if not the most successful e-commerce events in the world. This yearโs Prime Day was Amazon.com's most successful event to date, with Prime members in more than 20 countries purchasing upwards of 300 million products in the mere span of 48 hours. With same- and next-dayโฆ
As a retailer you could argue that success is ultimately defined by your ability to get desired goods into your customersโ hands in a timely fashion. But how can you satisfy your customers in the face of supply chain disruption? How can you ensure that you're managing your inventory efficiently and cost effectively? According toโฆ
Side hustles and e-commerce have sparked a surge in drop-shipping. One report even predicts the market size value to grow to $476.1 billion by 2026. However, while drop-shipping continues to make its way into the mainstream, most people still have no idea what it is or how to get started. So, What is Drop-Shipping? Inโฆ