This is Part II of a series dealing with the Future of Distribution. Part I detailed the history of distribution and how the manufacturing, wholesale and retail segments developed, only to be supplanted with the integrated approach pioneered by online […]
When you start a brick-and-mortar business, you get a business license from the city or county where your operations are headquartered. So, when you start an eCommerce business, do you need an online business license? The answer to that question […]
ECommerce businesses need their packages delivered efficiently, quickly, and cost-effectively. In the US, that usually means using one of the three major carriers: FedEx, UPS, or USPS. Each carrier offers a range of service levels and rates. Delivery times are […]
ShipStation is a web-based shipping platform that helps businesses manage their small parcel shipping and e-commerce fulfillment. It’s how you can get products and purchases to your customers, though it often won’t help with managing your inbound inventory if you […]
The machine learning algorithms have risen and — sorry, John Connor — but the people are embracing AI in eCommerce because they’re just such good shoppers. Retailers are on board, too, because automation tools powered by machine learning (ML) and […]
When the coronavirus pandemic hit Asia in early 2020, many businesses experienced major supply chain disruptions. This highlighted the need for companies to build resilient supply chains. Now, more than ever, it’s essential to make your supply chain resilient to […]
If recent years have taught us anything, it’s the importance of having an eCommerce business continuity plan. Floods, fires, tornadoes, hurricanes, and now a pandemic can disrupt supply chains and slow the pace of eCommerce. The coronavirus has shown the […]
Your company’s inventory turnover ratio is an important metric. A simple inventory turnover formula can help you understand and improve your inventory management. When you get clear about your inventory turnover ratio, you can run your business with smaller carrying […]
The novel coronavirus pandemic has brought an influx of customers to online retail. Online sales were up 76% in June 2020 over 2019. That is good news for eCommerce businesses. However, many are facing challenges in dealing with returns during […]
Economic order quantity, or EOQ, is a formula that helps you figure out the right amount of stock to fill your orders during the year ahead. Economic order quantity helps you reduce the amount of money you have tied up […]
The spread of the novel coronavirus forced many brick-and-mortar retailers to temporarily close their doors. Even before COVID-19, many brick-and-mortar stores were struggling. However, the pandemic exposed existing weaknesses in the retail business model and exacerbated them. To make up […]
A wholesale business is a great way to jump-start or expand your existing Shopify store. Perhaps you’ve been approached by businesses that want to buy your products wholesale. Or maybe you want to expand your markets. A Shopify wholesale store […]
