Daily Insights, Trends and Solutions for Professionals, Experts, Students and Society
At first glance, it looks like it isn’t going to be the easiest year for Amazon sellers. Not only will they be paying more in Amazon seller fees, but they’ll also have to adjust to new limitations on inventory storage in FBA (Fulfillment by Amazon) warehouses.
Even so, Amazon’s increased fees isn’t the whole story; some sellers see this as an opportunity, as well as a challenge.
Continue reading “Why Amazon’s Increased Fees Have a Silver Lining for Sellers!”Black Friday is almost here!
Retailers have been anticipating and preparing for this over the last year. It has become the biggest online shopping period of the entire year with expectations for exponential growth over last year.
Further this period is so dramatically busier than at any other time of the year that it has an absolutely enormous impact on the Supply Chain of these companies.
In fact the readiness of the Supply Chain can make or break the success of Black Friday for most any company.
Continue reading “Last Minute Supply Chain Preparation for Black Friday!”With the advent of technology and the internet, there have been more opportunities to earn money even when you’re in the comfort of your home. For instance, entrepreneurs can launch their businesses online and engage with potential customers when selling products on various digital platforms.
Moreover, you can also explore the idea of generating a side income by taking paid surveys online.
Continue reading “4 Benefits of Taking Paid Surveys Online!”
Shippers face many challenges in successfully delivering products to end-users, and last mile logistics will be a core focus of change in the coming months. Consumer demands and expectations are rising, and up to 25 percent of consumers are willing to pay extra for same-day delivery.
Also, same-day delivery will reach a 25-percent market share by 2025. By 2018 alone, same-day delivery and last mile logistics will be valued at more than $1.35 billion.
E-commerce is the driving force behind the sudden uptick in last mile logistics, and as explained by Logistics Management, e-commerce is expected to grow to $2.4 trillion by 2018 as well.
To gain a competitive advantage in last mile logistics, shippers need to understand the top seven trends in last mile logistics.
Continue reading “What are the Top 7 Trends in Last Mile Logistics?”The business-to-business (B2B) sector serves as a cornerstone for economies worldwide, facilitating the exchange of goods and services between companies.
In today’s market, B2B entities’ ability to expand their operations on a global scale has become key for maintaining a competitive advantage and fostering long-term growth.
With the advent of digitalization, geographical boundaries are increasingly blurred, making the international B2B marketplace bustling and dynamic.
It is essential to recognize the importance of global expansion strategies in B2B markets for businesses looking to capitalize on emerging opportunities and drive success.
Continue reading “Thriving Globally: Essential Strategies for Expanding Your B2B Marketplace Presence!”In February, 2018 it was reported that Amazon was going to launch its own delivery service: Shipping With Amazon!
Effectively Amazon has declared that they are officially entering the logistics business. The “Shipping With Amazon” service, albeit currently on a much smaller scale, competes with the logistics service and delivery capabilities offered by UPS, FedEx, and UPS.
But these are incredibly large, well established logistics companies. And they are also the major delivery service suppliers to Amazon.
So why would Amazon choose to go into this space?
Continue reading “Shipping With Amazon: Cutting out the Middle Man!”The backbone of Retail and ECommerce is Supply Chain. Without Supply Chain they cease to function. Goods don’t move to channels and customers have nothing to buy. It is that simple!
Not only is Supply Chain necessary to make Retail and ECommerce run, but Supply Chain is now a source of customer delightedness and competitive differentiation. Just think of same day delivery … that capability is entirely possible due to Supply Chain.
As such Supply Chain is not just a necessary function but a strategic weapon. Here are our thoughts on future ECommerce focus areas and considerations for the effective management of Supply Chain.
Continue reading “Future ECommerce Focus Areas for Supply Chain!”The retail company I had joined had just invested $25 million to automate their Distribution Centre. They automated the process of fulfilling orders in individual units, or eaches, instead of case fulfillment.
As I learned more and more about the system and the operation it became obvious to me that the entire paradigm that went into the $25 million investment was wrong. They wasted at least $20 million by perpetuating individual unit.
They could have save a lot of time and money by changing their fundamental operating model to one of case fulfillment – the Retail Holy Grail!
Continue reading “Full Case Fulfillment – The Retail Holy Grail!”“We are out of space!”
“What? We’re only in the middle of September.”
“The receiving docks are backed up. We have trucks in the parking lot waiting to unload their goods. There are even more containers on their way. And we have no empty space left in the warehouse racking.”
That was the actual conversation I had with the head of the Distribution Centre (DC). We had a big problem on our hands to say the least.
Continue reading “Space Planning: Could You Run Out of Space in Your Warehouse too?”It’s never been easier for food companies and food industry to reach their customers. Restaurant delivery has grown 20% in the last five years; while estimates differ, online food delivery sales are estimated to grow as high as $220 billion by 2023 – 40% of total restaurant sales.
Online grocery may lag behind restaurants in online delivery adoption, but it’s definitely growing. Deutsche Bank estimates that the $24 billion online grocery market will surge to 120$ billion by 2025.
One reason for this growth is the recent proliferation of delivery models and fleet types: same hour, same day and next day delivery; single fleet, multi-fleet, crowdsourced fleets and in-house fleets; deliver from store, curbside pickup, delivery from robotic warehouses, and so many others.
Continue reading “Food Industry Delivery Trends!”We have all been there. You want to buy something online, but you’re not sure if it’s going to be delivered in time or if the quality will be as good as what you see on the website while online shopping.
Well with this ultimate guide for online shopping, we hope that things won’t get any more confusing for you.
Continue reading “The Ultimate Guide for Online Shopping!”“The system is down. We can’t ship any customer orders. We’re not sure when the system will be back up again.” Oh no … Customers do not care about this stuff.
Coming into the Holidays, the busiest time of the year, that is the last thing that I wanted to hear.
I thought about it and said, “The Customer doesn’t care.“
From that point forward we pulled together the necessary resources and visibility to get the problem solved quickly. But the message was clear: The Customer doesn’t care about our internal problems.
Continue reading “Customers Do Not Care About Your Problems!”We have seen many people taking a new leap in crypto circles in the past few years, particularly in Bitcoin. Thanks to the meteoric rise of the coin, many people experimented a lot with the coin.
Several teenagers and college students have invested in this domain and won big in Bitcoin. Several families seemed to have mortgaged their homes. Also, many more billionaires seemed to have suggested around 10 percent of the assets all over the digital currency.
There are loads of money when it comes to playing and the people’s livelihood and saving the same on the line.
Continue reading “Amazon and Bitcoin – What’s Next?”Believe it or not, the world is shrinking. For clarification, the world is not physically shrinking, but instantaneous communication definitely makes the world seem like it can fit in the palm of your hand, just like how people now want same day delivery.
For those of you that are still confused, technology has made communicating with others around the world that much easier. Not only has this communication with friends and family members become more convenient, communicating with major retailers around the world has too.
That being said, we now live in a time where the internet or eCommerce industry has evolved to a point where consumers are able to order and receive packages the same day, also known as same-day delivery.
Continue reading “Same Day Delivery Benefits for Small Business! (Infographic)”Online businesses are booming. It has become second nature for increasing numbers of consumers to buy online, whether they are shopping for new shoes or a new car. That’s not to say, however, that online businesses can afford to grow complacent when it comes to providing excellent customer service.
Discover why creating a seamless customer experience is essential for your brand, below.
Continue reading “Reasons to Invest in Excellent Customer Service for Your Online Store”
