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Inventory Management

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Inventory management is hard enough without a seasonal inventory. If your business deals with goods that sell during a specific occasion or season, your inventory is said to be seasonal since it’s in high demand only during a certain occasion and/or time of the year. In a seasonal inventory, you can never be too sure of product adequacy and whether some items in a particular product category will be more in demand than others.…

Earlier, we discussed processes, methods, terms, techniques, and everything else there is to know about managing inventory for your eCommerce business in detail. This time around, we have compiled a list of formulae that come in handy for quick calculations while you do all that. Check out now and save them for later. Are you looking for an omnichannel inventory management solution with integrated B2B order management for your eCommerce business? Drop us a line…

As per a report By IHL, ineffective inventory management costs eCommerce businesses a whopping $1.75 trillion in lost revenue every year. Now that nearly sums up why you need to manage your inventory in order to seamlessly operate your business. We will not leave you hanging over these figures though.So, here we are taking you on a detailed dive into the advantages of inventory management that you should be acquainted with. Before we start with…

While the growing eCommerce companies are pushing themselves to do more with fewer resources, there’s always a question of which inventory model to go for. With the Vendor-Managed Inventory model (VI), you have to regulate the suppliers while the consignment Inventory Model (CI) allows you to keep the inventory costs with the suppliers so you can cut down on the inventory expenses. Both the models have their respective pros and cons. Here is an infographic…

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