In the fast-paced world of online retail, success hinges on more than just offering great products. It’s about maximizing sales, enhancing customer satisfaction, and driving profitability. In response to these imperatives, product bundling has emerged as a...
Are you a seller, retailer or brand selling in the Malaysian e-commerce market or someone who is planning to launch in the online space? Is it becoming a real hassle for you to elevate your eCommerce business, manage the extreme online demands, meet the expectations...
Inventory is the lifeblood of every successful business, from fashion to electronics, from retail to wholesale, and beyond. Managing the entire inventory block may not sound like a major hassle initially, but if you have a widespread business with multiple warehouses...
What is Inventory Cycle Count? Inventory cycle count is the method of auditing your entire inventory regularly by checking up on various aspects of the items present in your facilities based on their availability, date of manufacturing, date of expiry, and other...
After the COVID-19 pandemic, there has been a notable shift in people’s priorities, with a heightened focus on health and wellness. This change in mindset has had a significant impact on the pharmaceutical industry, particularly the nutraceutical sector in India,...
E-commerce businesses face significant financial implications due to inefficient inventory management practices. A report from IHL Group revealed inventory distortion (combined cost of out-of-stock and overstock) is projected to cost retailers $1.77 trillion worldwide...
