Operational Excellence
17 June 2024
Supply Chain Mapping: Benefits, Strategies & FAQs
Supply chain mapping is a process that allows your company to get a comprehensive view of the entire supply chain. It involves creating a visual representation of the flow of materials, information, and finances as they move from supplier to...
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Inventory Management
14 June 2024
Economic Order Quantity (EOQ): Definition + Formula
An important part of running a business effectively is ensuring that you are getting the most value out of your storage and logistics costs. With so many micro-costs and variables involved in the supply chain, it can be difficult to...
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Operational Excellence
12 June 2024
An Ultimate Guide for Inbound & Outbound Logistics
In the eCommerce industry, inbound and outbound logistics refer to the process of receiving and sending goods respectively. If you own or work for an eCommerce company, you’ll have likely heard these terms thrown around quite a bit, and have...
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Inventory Management
26 May 2024
Multi-Echelon Inventory Optimisation: Strategies for Efficient Stock Management
Optimizing inventory levels throughout the supply chain is a critical strategy in modern supply chain management, going beyond simply maintaining stock. Multi-echelon inventory optimisation (MEIO) is a sophisticated approach that allows your business to maintain the right balance of inventory...
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Inventory Management
20 May 2024
What is Stock Control?
Proper stock control lies at the heart of effective inventory management and is crucial for maintaining a streamlined business model. By accurately managing stock levels, you can ensure that you meet customer demand without incurring unnecessary storage costs. This balance...
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Inventory Management
17 May 2024
What is Consignment Inventory: A Guide to Boost Your Business Efficiency
Consignment inventory is a unique method of managing stock. Suppliers provide goods to retailers without transferring ownership until those goods are sold. This approach allows retailers to offer a broad range of products without the burden of purchasing inventory upfront....
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Inventory Management
13 May 2024
Three Inventory Valuation Methods & Their Benefits
Painting an accurate picture of your inventory costing isn’t exactly the easiest thing to do if you’re shipping a lot of orders each month. However, inventory management has a huge impact on profitability, so the more you understand which goods...
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Operational Excellence
6 May 2024
The Importance of the First-Mile Sorting Centre & First-Mile Delivery
There are many cogs that make up the supply chain process. Some areas that are less discussed include the first-mile sorting centre and first-mile delivery. Today, we’re going to shine a light on these incredibly important aspects of the supply...
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Operational Excellence
15 April 2024
Distribution Logistics: Definition, Guide & Challenges
Every business, whether they’re selling goods or services, needs distribution logistics. It’s how we get our goods and services into the hands of consumers once they’re ready to be ordered. A robust distribution logistics strategy is essential for getting your...
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Inventory Management
12 April 2024
7 Techniques for eCommerce Inventory Management
eCommerce inventory management ensures that your stock levels are maintained at a balance that meets customer demand while maximising cash flow.
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Inventory Management
29 February 2024
The importance and benefits of demand planning
In the context of today’s highly competitive eCommerce market, as well as uncertain economic conditions, it’s more important than ever for businesses to try and squeeze every drop of value and efficiency out of their supply chain. In today’s article,...
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Operational Excellence
12 February 2024
Which eCommerce KPIs should I be prioritising?Â
It’s never been easier to capture data. All of the best eCommerce platforms on the market today capture a wealth of useful data in the background, but the sad truth is that not enough businesses capitalise on the data they...
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Shipping
5 February 2024
How long does international shipping take?
For any online retailer who is shipping internationally, it’s important to know how long shipping will take for each destination they are serving. This enables them to be transparent with their customers, and helps the customer to make an informed...
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Inventory Management
15 January 2024
How To Calculate Ending Inventory
Calculating ending inventory is a critical component for any business dealing with physical products. It’s the value of goods that remain unsold at the end of an accounting period. It is a key figure in determining a company’s cost of...
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eCommerce Insights
9 January 2024
What Is Order Fulfilment: Understanding the Basics of eCommerce Logistics
In the fast-paced world of eCommerce, ‘What is order fulfilment?‘ is a question at the heart of customer satisfaction and business success. It’s more than just sending out packages; it’s about precision, efficiency, and the delicate balance of managing inventory,...
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Inventory Management
5 January 2024
Why Inventory Management Is Important
Struggling with stock imbalances and inflated costs? Effective inventory management is the unsung hero in streamlining your business’s operations and boosting growth. Dive into our guide to discover why inventory management is important and how mastering this skill ensures optimal...
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Inventory Management
8 November 2023
What is dead stock?
It’s not uncommon for the number of SKUs a business sells to grow as the business does. When this happens, it gets much more difficult to manage inventory, and we can end up forgetting about those products lying on the shelf that nobody has bought.
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Inventory Management
3 November 2023
How to Calculate Your Inventory Costs
For eCommerce businesses operating with large amounts of inventory, inventory costs account for a significant portion of their overheads. In this article, we’re going to take a look at the different types of inventory costs, how you can calculate your...
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Inventory Management
18 October 2023
What does FIFO stand for? (FIFO meaning)
Welcome to a deep dive into one of the most straightforward yet impactful inventory management strategies: the FIFO method. Whether you’re managing a tech retail store or overseeing a large manufacturing unit, FIFO is a term you’ve likely come across....
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Inventory Management
9 October 2023
Why Your Business Needs Safety Stock (And How to Calculate It)
It’s pretty common for brands to run out of stock. However, stockouts can do quite a bit of damage to both your business reputation and your bottom line. That’s why it’s important to have a strategy in place to ensure...
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Inventory Management
8 September 2023
What is inventory management?
For businesses that deal with the sale of physical goods, inventory management is one of the most important skills to have. Good inventory management will result in less storage costs, less wastage, and more opportunities. It’ll also ensure a good...
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Shipping
22 June 2023
How to generate a return label
Returns happen all the time. Sometimes an item isn’t quite what the customer expected, and other times the pair of jeans doesn’t quite fit. There might be times when the wrong item turns up, or gets damaged during transit. And...
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Inventory Management
12 May 2023
What Is My Inventory Turnover Ratio & What Does It Mean?
Inventory turnover ratio is an important metric to track for any retail business, whether you’re a traditional brick-and-mortar store or an online eCommerce brand. Today, we’re going to take a look at what inventory turnover is, how to calculate it,...
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Operational Excellence
3 May 2023
Warehouse Logistics: Importance, Challenges & Tips to Improve
Definition of warehouse logistics Warehouse logistics refers to the operational processes within a warehouse, encompassing fulfilment, inventory management, health and safety, resource management, inventory positioning, and more. Warehouse logistics involves planning, managing, and co-ordinating each element of the warehouse to...
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eCommerce Insights
24 February 2023
Warehouse Vs Distribution Centre – An Overview
One of the earliest decisions to make as an eCommerce business owner is where to store your inventory. At the beginning, it’s common to tape off a bit of space in your spare room or your garage and designate that...
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Operational Excellence
28 November 2022
What is dunnage? Meaning, types, and more
When we think of a parcel, most of us probably think about the exterior packaging. Is it sturdy? Is it easy to open? Is it sustainable? Does it look great? People who don’t work in eCommerce probably don’t think about...
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Inventory Management
23 July 2022
Inventory Position Guide – Why Inventory Positioning Matters
Inventory positioning refers to the physical location inventory occupies within the warehouse and the wider supply chain. Part of any supply chain or warehouse manager’s role is to ensure that inventory is positioned in the optimal location in order to...
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Inventory Management
15 July 2022
How to Calculate Reorder Level: A Step-By-Step Guide
Holding the optimal amount of stock in storage at any one time is more difficult than it sounds. eCommerce business owners need to strike the balance between being able to meet customer demand and avoiding unnecessary storage costs due to...
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Shipping
12 May 2022
What is DDP?
Understanding Delivered Duty Paid (DDP) is essential for any business considering trading internationally. DDP is a popular shipping method for B2B traders, but there is quite a bit to unpack to ensure it’s a cost-effective shipping solution for your business....
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