Sun.Apr 26, 2020

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How to calculate average inventory?

TradeGecko

What is average inventory? Average inventory refers to the average quantity of stock available in a specified period of time. The purpose of the average inventory formula is to calculate the value of the inventory within that period of time. This is done by finding out the average of the beginning inventory and end, for the accounting period. Understanding average inventory helps businesses determine how much inventory they need to hold at a given point in time.

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Step-by-Step Guide to Optimize Ecommerce Sales and Conversion Rate During the Coronavirus Outbreak

Omniconvert

From the coronavirus that erupted in China, the entire planet eventually became febrile. As the virus continues to disrupt our. The post Step-by-Step Guide to Optimize Ecommerce Sales and Conversion Rate During the Coronavirus Outbreak appeared first on ECOMMERCE GROWTH Blog.

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The 15 Best Online Marketplaces for Ecommerce Retailers (2020)

CPC Strategy

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Online Grocery Fulfillment Strategies to Improve Profitability

Mi9

According to RIS News, inefficient processes and single order picking can cause an 8% margin loss for grocers who offer online ordering. Thus, grocers have lagged behind other retail verticals in deploying e-Commerce platforms and executing omnichannel strategies. However, explosive growth in the adoption of online grocery shopping caused by the Coronavirus highlights the critical importance of having fulfillment technology that can scale capacity to fulfill unprecedented demand.

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Get MACH Ready: Preparing Your Business for Digital Transformation

Adopting MACH technology means more than implementing new platforms. This type of digital change affects your organization at every level and requires a thoughtful approach to navigate challenges that crop up. The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.