Cutting-edge industry trends and practical tips to make fulfillment excellence a competitive advantage.
Erhan Musaoglu, CEO & Founder of Logiwa, joined Freighwaves’ Grace Sharkey for an episode of “Point of Sale” to talk about Logiwa’s latest round of investment funding, the intention behind creating Logiwa’s industry-leading WMS, and what Musaoglu sees as the future of the high-volume direct-to-consumer (DTC) fulfillment industry.
Sourcing: What Does It Mean? In the business world, many parts are working together. Manufacturers, suppliers, wholesalers, retailers, third parties, etc… Manufacturers take the raw materials and make the product. Wholesalers buy those products and sell them to retailers. Retailers sell those products to customers. This network includes different activities, people, information, and resources. Managing […]
In this article, you’ll delve into the fundamental aspects of the Total Cost Formula, an essential tool for any business to evaluate its profitability. You’ll learn what this formula is, how to calculate it, and its application in business, along with its advantages and potential limitations. Additionally, real-world examples will illustrate how this formula works, […]
Deadstock: What Deadstock Is, What Causes Deadstock, and How You Can Avoid & Manage It What is deadstock, you wonder? Simply put, deadstock is inventory that doesn’t sell. Unfortunately, Deadstock is a common issue with businesses that don’t use any inventory management software. As a result, the products that don’t sell can remain on warehouse shelves for ages, useless […]
Shopping Cart Abandonment: Reasons, Effects, & What You Can do to Prevent It Shopping online is not so different from shopping in a store. As customers, we all have certain expectations and bullet-points we need to have met, as well as encountering millions of other distractions throughout our shopping journey that may interact with our […]
Dark Stores 101: What is A Dark Store & What Are the Order Fulfillment Models? Since we’ve been moving forward speedily in this pandemic world, all we need is isolation and instant gratification. And this is valid in our every action, from social connections to shopping. This being the case, traditional retailers feel the need […]
