Global retail e-commerce surpassed an impressive milestone of 5.7 trillion U.S. dollars in sales in 2022. This upward trend shows no signs of slowing down, and it’s quite clear that e-commerce is a driving force in today’s business landscape. As such, it becomes more...
The e-commerce industry is booming in the United Arab Emirates. While the growing young tech-savvy cohorts of the UAE could be one of the reasons for this transformation, the overall market design has evolved to incorporate the existence of digitalization. Right from...
E-commerce in the Philippines is slated to have a promising future. With many social media users and digital natives, e-commerce is expected to grow at a 17% Compound Annual Growth Rate (CAGR) through 2025. The e-commerce trajectory in the Philippines received a...
Deadstock, obsolete inventory, and damaged stock are some of the terms that give us a threat in a jiffy. While these circumstances possess the power to increase operational costs for retailers, poor management can lead to a huge loss of both inventory and...
The Middle East is becoming a magnet for online businesses, especially after the onset of the pandemic as people have become quite familiar with online channels. As per a report by Bain & Company, e-commerce in MENA is expected to reach $28.5 billion by 2022. ...
With the pandemic hitting hard, we see many brick-and-mortar stores vanishing around us and businesses shifting towards an enhanced focus on e-commerce. As per UNCTAD (UN Conference on Conference Trade and Development), e-commerce grew from a 16% market share in 2019...
![Why is Inventory Management Important for E-commerce Business [2024 Updated]](https://infowordpress.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/01/31103554/inventory-management-in-2022.png)
