FIFO vs. LIFO: How They Affect Your Bottom Line
by Rin Mosher on Jun. 26, 2024
From shelf life to expiry date to holding costs, ecommerce inventory management involves the consideration of numerous factors specific to individual products. Most ecommerce businesses base their decisions on which items go out when using either the First In, First Out (FIFO) method …
How to Calculate COGS In Ecommerce
by Rin Mosher on Jun. 21, 2024
With the potential to influence everything from profit to liability, inventory calculations hold a lot of weight for ecommerce businesses. Yet understanding the nuances behind each formula isn’t easy. It’s one thing to know what Cost of Goods Sold (COGS) means and another to know how …
What Is Freight Forwarding In Ecommerce?
by Rin Mosher on Jun. 14, 2024
Expanding into international ecommerce markets is exciting, but it also means having to handle customs clearance, route optimization, and regulatory compliance on their own. For a growing ecommerce business that isn’t sure where to start when navigating these responsibilities, outsour …
Comparing the Pros and Cons of Vendor Managed Inventory
by Rin Mosher on Jun. 7, 2024
Inventory management has the power to impact everything from operational costs to customer satisfaction. Opting to handle it in-house means being fully responsible for the way results are pursued and how well they’re achieved. That’s great for total control over stock levels, but it c …
How to Use Pinterest for Ecommerce
by Rin Mosher on Jun. 6, 2024
With over 518 million active users worldwide, Pinterest has long been the most popular social media platform for finding inspiration. Yet many business owners have yet to tap into its many ecommerce marketing features, which facilitate millions of dollars worth of product purchases ev …
A Guide to Supply Chain Resilience In Ecommerce
by Rin Mosher on May. 31, 2024
If you’re in the ecommerce industry, you’re aware of the many major supply chain disruptions of the past few years and how they’ve affected businesses. These disruptions aren’t just a thing of the recent past — a major supply chain-affecting event happens every 3.7 years! Supply chain …
What to Know About DDP Shipping In 2024
by Rin Mosher on May. 30, 2024
Delivered Duty Paid (DDP) shipping is a popular choice among ecommerce businesses that sell and ship goods internationally. Its benefits are plentiful, ranging from improved conversion rates to higher levels of customer satisfaction and loyalty. But DDP in shipping must be done right …
The Ultimate Guide to EDI for Ecommerce
by Rin Mosher on May. 27, 2024
Between managing inventory, processing orders, handling customer service, and maintaining compliance with vendor expectations, there's a lot to juggle when expanding an ecommerce business into B2B and wholesale. Luckily, powerful tools like Electronic Data Interchange (EDI) exist to m …
What Is the Multi Echelon Inventory Optimization (MEIO) Strategy?
by Rin Mosher on May. 22, 2024
Multi Echelon Inventory Optimization (MEIO) is a supply chain optimization strategy that makes handling the inventory complexities of a growing ecommerce business much more manageable. However, MEIO isn’t just about keeping products in stock – it's a strategy that enhances coordinatio …
What Is Integrated Logistics?: An Ecommerce Guide
by Rin Mosher on May. 17, 2024
An interconnected supply chain that offers visibility is the key to meeting demand, keeping operations running smoothly, and ensuring customer satisfaction. Switching from a traditional to an integrated logistics approach to your ecommerce supply chain is the best way to meet all of t …