Tips To Help With Ecommerce Inventory Control

Retailers hate dealing with inventory. In fact, more than $1.7 trillion dollars is lost annually due to mismanaging inventory in the retail world. But, keeping tracking of inventory for an ecommerce business can be very difficult for small retailers. Not having enough products in stock means you could lose out on sales. Having too many products means you could be wasting money in warehouse fees. That is why we’ve put together all these inventory tips to help you get your head around the supply chain process.

Inventory Forecasting 101

Inventory Forecasting 101

Accurate inventory forecasting is crucial to the monetary success of your ecommerce business. Learn more about the many benefits and data-driven methods used.

How to Calculate Safety Stock

How to Calculate Safety Stock

In ecommerce, you can do all the planning in the world, but situations will still come up that affect your inventory. Whether it’s a surge in sales of a particular item, your supplier’s machinery breaking down, or a natural disaster that delays your incoming stock,...

What Are Landed Costs: How to Calculate and Use Them

What Are Landed Costs: How to Calculate and Use Them

Experienced online retailers know that their “shipping costs” are more than just their shipping costs! Sure, the price of shipping is significant, but there are also handling fees, taxes, and lots of other costs that tend to go under the radar. Throw all these “hidden...

Dead Stock: Even Worse Than It Sounds

Dead Stock: Even Worse Than It Sounds

Dead stock, meaning unsalable inventory, eats your acquisition and storage fees without giving back. Here, we explain how to avoid it and how to get rid of it.

What is Serialized Inventory?

What is Serialized Inventory?

Learn more about serialized inventory and how this inventory tracking method helps prevent poor inventory control.

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