article thumbnail

Inventory Management for Scaling ($1M+) Businesses: Techniques You Need to Know Before You Go Bust

BigCommerce

Ship products to customers in a timely manner. Managing your inventory properly across all of your sales channels helps to lower your product cost and increase shipping speed – ultimately earning you increased customer loyalty and love. You probably already know how important inventory management is.

article thumbnail

8 Ecommerce ERP Integration Patterns & Data Orchestration Frameworks

BigCommerce

This is because ERPs rely heavily on EDI and APIs to sync with outside systems. EDI is the more traditional approach and still often used in B2B and wholesale channels, and Walmart specifically. ERPs are essential in allowing retailers to offer multichannel experiences to their customers. Steve Deckert, Co-Founder, Smile.io.

EDI 315
article thumbnail

How 3 Global Brands Scaled Using a Product Information Management (PIM) Solution

BigCommerce

Once other factors are added like trying to manage multiple price lists, geographic locations, languages, currencies, promotions, etc. Inefficient processes, resulting in higher costs. In short, it’s often a high cost and low return scenario. Format product data for multichannel syndication. Custom Build a PIM.