Omnichannel order management: How it benefits retail businesses
The retail industry is constantly evolving. Technological advances have changed the nature of business. Today, while a website is the online marketplace, it’s possible to access ..
Are You Confusing Markups And Margins
When it comes to understanding finance, very few business owners can claim to be experts...
All About Social Commerce and its Retail Strategy
Social commerce features are emerging across various platforms, creating new opportunities for small and big brands. The post-pandemic era has put a further strain on brick and mor..
Supplier Relationship Management – An Expert’s Guide
Supplier relationship management is no more a new concept. As per a recent CPO survey, nearly 31% of CPOs are committed to restructuring their supplier relationships...
Price List Management: 6 Best Practices for Retail Pricing Strategy
Due to fluctuations in analytics, business support tools, and pricing methodologies traditional retailers have struggled recently to compete with future digital-first businesses...
Best Practices to Handle and Reduce eCommerce Product Returns
Put yourself in your customer’s shoes and ask yourself, if you would deal with a company that will not take back a product or has poor return policies?..
Safety Stock: Formula and Calculation
Safety stock is an additional quantity of an item held in the inventory to reduce the risk that the item will be out of stock .Learn about safety stock Formula, calculation & I..
Major ‘common invoicing mistakes’ and how to avoid them
Are you a business owner?Then, you would be well aware of the struggles and importance of dealing with invoices.Well, money being the cornerstone of a business, you would definite..