Sorted by Tag: Supply Chain Management
Distributed Order Management as a Competitive Advantage
Distributed order management can be a competitive advantage for organizations that understand how to do it right. But, it’s also a complicated initiative to take on.
In this post, we’ll dive into what distributed order management is, what it means to your business, and how you can get start using it as a competitive advantage.
What We’re Reading: RetailWire Discussions
We like healthy debate–turning a considerate eye to the way things are done. Retail and eCommerce has been fraught with all sorts of inefficiencies and outright bad ideas over the years. So, we can appreciate anyone who’s willing to challenge some of those ideas.
RetailWire has time and again published interested articles, framed as discussion questions, to get interesting debates started. Some of the most valuable insight comes from the comments thread, where the real debate ensues. This week we’re reading a few of these articles, and we think you should, too.
Drop Shipping 101: An Introductory Drop Shipping Guide
Are you considering diversifying your product line? Are you trying to launch a new business? Do you want to guarantee that you’ll always have stock?
If you said yes to any of these, you’ll need to invest in new, or more inventory. But, procuring inventory takes a lot of resources including money, time, and proper management.
This can be a big risk for your business. It might be worth it if you didn’t have to buy your inventory upfront and only pay for what you sell. But, is that even possible?
Actually, it is! It’s called drop shipping. In this post, we’ll introduce you to drop shipping 101. Our introductory drop shipping guide shows you what drop shipping is and how merchants can use it. (more…)
Magento Drop Shipping: What it is and How to Set it Up.
As a seller using Magento, you’re always looking for ways to grow your online business. It doesn’t matter if you’re a new seller just starting off or if you’re an established seller already swamped with orders. Either way, you need to find a way to sell more products and then ship them to your customers.
Enter Magento drop shipping.
Drop shipping is a fulfillment process in which you sell items from your Magento storefront that are then shipped to your customer by a 3rd party, usually a wholesaler or manufacturer who stores the inventory. Drop shipping can be a great way to expand your product line, streamline your order and inventory management processes, or kick-start your new online business.
Drop shipping for Magento, however, can be a confusing and tricky process. In this post we’ll discuss the pros and cons of drop shipping. We’ll then give you examples of a few different drop ship solutions that you can use for your Magento webstore. (more…)
Recommended Practices for Handling eCommerce Returns
Today’s consumer is connected, informed, and has more options for shopping than they can evaluate. The power is in their hands, and (among other demands) they expect to be allowed to return products that they find unsatisfactory.
Managing product returns is complex enough in a traditional brick & mortar retail store. Handling returns for eCommerce purchases can be even more daunting.
We’ve compiled some recommended practices for handling eCommerce returns to help you develop a returns management strategy that works for your business and your customers.
