It seems like it wasn’t long ago that the average person paid little to no attention to logistics, let alone the function of the supply chain. Physical and digital stores simply had the goods they wanted to purchase; money was exchanged for goods, and life went on its...
There was a time, in living memory, when the only way to purchase anything was to go to the store, at the very least. While mail-order catalogs and call lines were certainly in circulation, ordering items via mail or phoning an order in was an incredibly...
There’s an old saying that “slow is smooth and smooth is fast” — taking the time to perform a job accurately is faster than attempting to rush through it, making mistakes, and rectifying them. Unfortunately, time tends to be in short supply for most organizations,...
Retailers are gearing up for the big end-of-year push as the holiday season approaches. More shoppers means more inventory, which hopefully translates to more profits for the company. Unfortunately, the flip side to the proverbial retail coin is that more inventory...
At present, ecommerce sales are projected to reach approximately $6.9 trillion (with a “T”) in sales worldwide during the course of 2024. According to Forbes Advisor, that figure is expected to rise to $7.9 trillion by the end of 2027. Of course, while ecommerce sales...
Ecommerce has created opportunities in the market that would have bordered on science fiction a few decades ago. Smaller enterprises have an unprecedented amount of reach in terms of marketing, able to find customers in even the most remote locations. That said,...
