Inventory forecasting sounds simple. Look at past sales. Estimate future demand. Set a reorder point. Order before you run out. In reality, most growing businesses either overstock or stock out. Not because forecasting is impossible. Because they are using static logic in a dynamic environment. Stockouts Are Costly When demand
Bundles are great for increasing average order value. Starter kits. Gift packs. Multi-buy offers. Product sets. They drive revenue. But if you are running bundles on Shopify without proper inventory logic behind them, they are probably corrupting your stock numbers. And most businesses do not notice until they start overselling.
Accurate inventory information underpins every operational decision a business makes. Whether your business is in e‑commerce, manufacturing, distribution or a simple brick‑and‑mortar store, you need a reliable way to record and store purchases, sales and stock levels. There are numerous ways to do this – from manually updated
One of the big problems we have with organizing our couriers is how we should deal with logistics partners that have a centralized global system vs decentralized system. Let me give you an example. UPS is a great example of a company with a centralized global system. For virtually all
In today's fast-paced global economy, businesses feel the heat to streamline operations and cut costs while quickly adapting to shifting consumer needs. One vital aspect of achieving these goals is supply chain visibility. Essential for every business level, supply chain visibility helps manage everything smoothly from procurement to
In an increasingly fast-paced marketplace, effective logistics are essential for businesses that want to deliver products smoothly and efficiently. As organizations grow, their logistics needs evolve, prompting them to reconsider their supply chain strategies. This journey often begins with Three-Party Logistics (3PL) but can transform into Four-Party Logistics (4PL). Knowing
In today’s fast-paced economy, businesses are continually searching for ways to improve efficiency and streamline their operations. One significant area where improvement can be made is in the warehouse, particularly regarding order fulfillment. Order fulfillment automation is becoming increasingly essential for warehouse operations, enabling organizations to enhance speed, accuracy,
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Partnerships in logistics is broken. Depending on who you are, what role you have, and what company you work for, that sentences means something totally different. And that is the problem — the term “partnership” has inconsistent meaning within the logistics industry. When you’re like me and you carry the
Different countries and cultures have different definitions for industry terms, so here are the definitions from the lens of an AfterShip Logistics Partnerships Director who manages 1,100 logistics partnerships globally: Logistics Glossary 1PL - 1st Party Logistics. Typically, a retailer or merchant that owns and operates their own logistics
In the rapidly changing world of business, supply chain management is evolving faster than ever. Digital transformation is reshaping how companies operate, making supply chains more efficient, transparent, and agile. This change is not just a passing trend; it's a fundamental shift in how businesses respond to the
It’s my job to predict what’s going to happen in global eCommerce logistics so that companies can be ready and prepared for those changes. Here’s what tops my list for 2025: 1. TikTok US is divested After going through hell and back due to uncertainty—maybe brief
WiseTech Global (ASX:WTC) has confirmed the appointment of Zubin Appoo as its new Chief Executive Officer, effective immediately. His appointment follows a comprehensive internal and external search process. Zubin replaces Andrew Cartledge, who had been serving as Interim CEO since October 2024 and CFO since 2015. Cartledge is set
It feels like you're drowning in products, doesn't it? Boxes are everywhere, you're not sure what you have, and you're terrified you sold something you don't actually own. This chaotic feeling is a clear sign you need to get a
In the fast-evolving world of logistics, efficiency is paramount. As businesses grow and supply chains become more intricate, the traditional manual methods of managing logistics are becoming increasingly outdated and inefficient. Enter logistics automation software—a game-changing solution that enhances operational efficiency, reduces costs, and provides a competitive edge. In
For many years, spreadsheets have been the standard method for managing supply chain data. However, they come with serious limitations that can hinder performance. As data volumes increase, spreadsheets can become cumbersome and slow. For example, when tracking hundreds of inventory items over several locations, users often face sluggish performance.
Covid really propelled E-commerce into the stratosphere, and with easy-to-use platforms such as Shopfiy and WooCommerce, creating an online shopfront has never been easier. Connect it with an accounting software such as Xero, and it seems that you've developed a brilliant stack to handle all your business needs.
Something that has been increasingly bothering me for the past few months is why experts and analysts are so incorrect in their analysis and conclusions on things like tariffs, de minimis, penalties on Chinese ships, and so much more. Let’s start with some common examples: For the full article,
Many small businesses unknowingly lose significant money because of how they manage their inventory. This goes beyond just missing items, extending to lost sales, wasted time, and unnecessary costs. Understanding these hidden losses is the first step to improving your bottom line. This guide will show you how to estimate
If you’ve ever worked for or dealt with the same traditional logistics company, but in multiple countries, you will likely have experienced what I deal with all the time — which is that aside from sharing the same name, the two countries’ might be totally different! Different IT systems, different