Global e-commerce has grown by leaps and bounds since COVID-19 hit us. A lot more users have become comfortable with digital shopping in the last 3 years. Easy and convenient e-commerce offers are addictive, especially when bundled with the feeling of getting a deal or a discount. Many times, customers are induced into buying stuff …
Running a warehouse is much more complex than it was in the past. Supply chain bottlenecks combined with increased online sales. This is coupled with a growing expectation of fast shipping and delivery. It has put a ton of pressure on warehouses to perform. Many companies, regardless of their size or experience, have problems when …
Market dynamics are forcing e-commerce companies to constantly evolve and undercut each other. Companies are competing not only on pricing and quality but also on how fast they reach your doorstep i.e 10-minute delivery. The pandemic helped to push online grocery shopping into the mainstream, revolutionizing a swath of the $2 trillion-a-year global grocery market. …
Let’s Evaluate & Find a Solution! Ecommerce returns are notoriously famous. Generally accepted as inevitable, returns are sometimes in the blind spot of many merchants. Abnormally high return rates eat into margins. Returns management has a direct impact on your warehousing and storage, as well as inventory management. Many e-commerce businesses are struggling to effectively manage …
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Customers expect instant gratification when they shop. That’s why many people prefer shopping in a physical store. They can find what they’re looking for, make a purchase, and carry it along. However, the pandemic has made this type of shopping experience more difficult to provide. As a result, many physical retailers, small and large, have …
Retail in India is booming. The Indian retail business is expected to grow to $1 trillion by 2025, up from $750 billion in 2020. As the pandemic has accelerated the use of digital channels for shopping by Indian customers, direct-to-consumer (D2C) brands have grown tremendously. In direct-to-consumer marketing, corporates can create their products and sell them directly to …
In the wake of COVID-19, warehouses look to implement scalable processes to manage unpredictable demand. Emerging technologies are focused on refining the warehouse operations with QR codes especially in managing the inventories. Inventory management in manufacturing industries has become more complicated. Earlier, organizations tracked their inventory through manual entry. This method worked well when there …
Inventory management is an integral part of the supply chain that influences customer loyalty and brand experience. Timely inventory availability and efficient inventory management are mission-critical in today’s fast fulfilment environment where the customer is spoilt for choice. An effective inventory replenishment strategies assists organizations in determining when a product requires restocking (before it runs …
In the FMCG industry, the competition is fierce. As a result of consumers’ high expectations, the focus remains on delivering products efficiently to the market. The availability of products at relevant channels and the best FMCG warehouse practices have become important competitive differentiators. Also, the FMCG industry has a minimal margin for error due to …
With the evolution of new strategies in today’s marketing world, customers expect consistent service across all the touchpoints. Unfortunately, reaching customers through all channels is easier said than done. According to Gartner, over 90% of marketers struggle to connect seamlessly with more than three channels on the buyer journey. There’s a solution to overcome this …