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Inventory is one of the essential facets of the global economy. Contrary to popular belief, inventory isn’t merely the items that a company has on hand and are ready to be sold. It is a form of a business asset that can affect cash flow, production cost, and overall profitability. … Read more
One of the decisions retailers face when business is growing is whether outsourcing order fulfillment is the way to go. It is a big step for any merchant, especially since tapping the help of a fulfillment center means spending money. This article aims to answer the only question sellers have … Read more
Reading time: 3 min 45s The Ultimate VAT Guide for Ecommerce Retailers in Europe The EU is a massive market for retail sales. But ecommerce retailers have to understand the basics of EU VAT rules along with applicable VAT on online sales when selling into Europe. This is important to … Read more
What is shopping cart abandonment? Shopping cart abandonment is a term used in eCommerce to describe when consumers add items to cart only to drop off the site without completing the purchase. It is one of the biggest challenges retailers face. In fact, according to a study done by Finances … Read more
Reading time: 4 min 15s Over the past two decades, China has gone on to expand its economy and become very sophisticated and integrated into global supply chains. Right now though, it appears there’s a global ‘over-dependence’ on China for manufacturing and many businesses are considering reallocation of production units … Read more
China has been the world’s top exporter for over a decade. In 2013, the Asian powerhouse became the world’s largest trading nation – finally usurping the United States that held the position for years. While China is the world’s no.1 marketplace, importing goods is as lucrative as exporting Chinese manufactured … Read more
As the internet transformed the way people purchase, businesses also need to adapt and meet changing customer expectations. The constant evolution in eCommerce is exactly how innovations like tech-powered fulfillment solutions came to be. One prime example of this is the warehouse management system (WMS). What is a warehouse management … Read more
The Difference Between Mail and Courier Shipping Online retailers have made it possible for consumers to shop from the comfort of their homes. The convenience of getting products delivered right at their doorstep is what they pay for, so it’s a merchant’s responsibility to ensure it happens the way it … Read more
Reading time: 3 min 15 secs Your -commerce business success will depend on how well you’re able to handle all of the responsibilities involved. A lot will be required, from manufacturing or sourcing your products to effective branding and marketing, shipping and logistics, customer service, and more. There’s a lot … Read more
3PL Providers: Who They Are and What They Do The order volume of start-up eCommerce businesses is often low, making it easily manageable through self-order fulfillment. On the other hand, scaling online stores often find it much more efficient to outsource the complete order fulfillment process to third-party logistics companies … Read more
Reading time: 3 min 7s The EU recently reached an agreement to extend the Brexit deadline to 31 January 2020. For the businesses importing or exporting to the UK or EU, specific changes can be expected. But you don’t have to wait until the disruption finally occurs. To avoid disruptions … Read more
Reading time: 3 min 45s China plays a key role in the global supply chain. Its place as a manufacturing hub means that businesses across the world and most especially, ecommerce and retail businesses are heavily reliant on it for their operations. What then happens when a global health crisis … Read more
