![What is Inventory Management? [Importance, Top Challenges, Key Strategies, Latest Trends + Best Practices for 2025 and Beyond]](https://infowordpress.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/01/08105324/what-is-inventory-management.jpg)
by Team Unicommerce | Nov 8, 2024 | E-commerce Industry, Inventory Management
In today’s era, where online shopping is flourishing, inventory management has become essential in the seamless operation of e-commerce businesses. What is Inventory Management? Inventory management is the process of ordering, keeping, using, and selling a company’s...
by Team Unicommerce | Feb 10, 2023 | E-commerce Industry, Inventory Management
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...
