Today, there are a lot of new technologies that are bringing about a paradigm shift in the way retailers are able to sell their products. To catch more eyeballs, retailers are trying to tap their customers on every available sales channel. The increased demand has...
The Indian economy boasts a diverse range of sectors, with the Fast-Moving Consumer Goods (FMCG) industry holding a significant position as the fourth largest. FMCG Industry in India Fast-moving consumer goods (FMCG) sector is India’s fourth-largest sector....
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...
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...
Today’s customer retail habits are transforming from traditional shopping to online platforms. As the online shopping landscape continues to evolve, customers want to shop in the comfort of their homes while retaining a traditional shopping experience. Brands are...
