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Product Substitution: How Savvy Retailers and Manufacturers can Build Supply Chain Resiliency, Reduce Costs and Improve Customer Experiences

Retail TouchPoints

Shipping delays and stockouts lead to frustration and disappointment, especially when logistical problems impact time-sensitive purchases, such as special occasion gifts, event tickets or prescription medications. In manufacturing, product substitution can be a valuable tool for optimizing inventory management.

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How to Sell & Ship Perishable Goods Online

Groove

By offering a frozen food product like this online, a customer willing to pay the associated costs will be able to enjoy it from the comfort of their home all year long. Shipping Requirements. Depending upon the perishable food products that you will be selling directly to consumers, a series of shipping issues will present themselves.

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5 Ways Small Businesses Can Manage Supply Chain Issues

Wiser

As a small business owner, managing supply chain issues is nothing new. Fortunately, there are several strategies that you can use to ensure that your supply chain is managed properly and efficiently. It also includes managing returns from customers who may be unhappy with their purchases or have received damaged items.

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Inventory Management 101: Using Data-Driven Insights

Algopix

Inventory management is a critical aspect of running a successful business, whether you’re a small retailer or a large multinational corporation. In today’s fast-paced and competitive business environment, the efficient management of inventory can make or break a company. Minimize carrying costs and holding expenses.

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How to Optimize Your Business’ Contribution Margin Ratio

Kissmetrics

Understanding the finances behind your business can help you increase your profits, cut back on expenses, and operate more smoothly. A contribution margin ratio is the difference between sales and variable costs within a company. The difference will then get used for fixed costs, like rent and insurance.

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BigCommerce Pricing: Choosing the Right Plan for You

Groove

From functionality to customization and overall pricing, it’s important to understand how each factor will affect your project and business. If you're interested in the platform and are looking for pricing information, we've broken out plans and details below to help identify the right fit for your business. BigCommerce Pricing Plans.

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A Guide to Pricing Your Products

Wiser

One of the most important decisions you will make as a business is how to price your products. No matter what part of the retail industry you’re in, how you price your products will have a direct effect on the success of your business. Price too high and customers could feel intimidated. So, where do you start?