5 Ways to Reduce Waste in Ecommerce Operations
There are several ways for ecommerce businesses to improve their sustainability. From packaging to operations, learn 5 ways to strengthen you brand’s sustainability.
5 Inventory Management Mistakes to Avoid in 2024
Balance sales growth with inventory management excellence. Learn about proper handling of inventory to avoid overselling, improve profitability and manage your business proactively.
Navigating Ecommerce Growth: Tools for Returns and Inventory Management in 2024
As we delve into planning for success in 2024, it becomes clear that an often-overlooked aspect demands our attention: the returns process. This critical yet challenging transaction presents immense opportunities to boost customer loyalty and enhance operational efficiency. This blog explores the strategic importance of returns and inventory management, illustrating how strategic returns can drive…
Ease into Excellence: Onboarding with Finale Inventory
Change can be daunting. The thought of integrating a new system or tool into your current process can often feel like preparing to climb a mountain – strenuous and time-consuming. But what if we told you that with Finale, it’s more like a stroll in the park?…because that’s our goal, and we’ve been told it’s…
Demand Planning for Q4: A Comprehensive Inventory Guide
Quarter 4: a season synonymous with festivities, family reunions, and fervent shopping. For businesses, it means meticulous planning to get ahead of Q4 in order to navigate the whirlwind of sales, promotions, and elevated customer expectations. Let’s explore the intricacies of Q4 inventory demand planning, and we’ll talk over some action ideas for sellers to…
4 Reasons Why Exact Accounting is Vital for Multichannel Sellers
This partner post is brought to you by A2X. Running a multichannel business is a tough gig. In addition to dealing with everything that comes with selling via a traditional brick-and-mortar store, you must also navigate the ins and outs of ecommerce channels, including websites and marketplaces. With so many moving parts, it’s understandable to…
Navigating the Tightrope: Overselling in eCommerce and How to Avoid the Pitfalls
In the dynamic world of ecommerce, overselling is a term that’s no stranger to industry experts but is feared even among the most experienced of sellers. Overselling can send your business spiraling into a vortex of customer dissatisfaction and lost opportunities. Finale Inventory is here to provide strategies to avoid overselling, helping you understand its…
Choosing the Right Platform: Selling on Amazon VS Walmart.com
Written in partnership with SellCord. Amazon has long been recognized as the dominant force in the e-commerce industry, revolutionizing the way people shop online and setting new standards for customer convenience and satisfaction. However, in recent years, Walmart has rapidly emerged as a strong competitor to Amazon’s dominance, challenging its position and reshaping the e-commerce…
Pick & Pack And How To Improve Your Warehouse Processes
Getting your pick-and-pack process right is essential to efficient e-commerce order fulfillment and customer satisfaction. Picking and packing involves four steps – order receiving, order picking, order packing, and order shipping. Yet, the simplicity of the concept masks a complex reality. There are dozens of combinations of methods and strategies you could tap into for…
Strategies for Direct-to-Consumer Manufacturers
Until the rise of e-commerce, the shopping experience relied solely on retailers and distributors. However, more manufacturers are turning to a more direct customer journey. Direct-to-consumer (D2C) selling allows manufacturers to forego distributors and gain several benefits, like a deeper relationship with consumers. Direct-to-consumer selling can seem daunting for manufacturers that depend on retailers to…
The Best Order Picking Methods for Your Warehouse
Order picking has a critical role to play in your warehouse operations. It impacts your efficiency, accuracy and customer satisfaction, and you can amplify your business by finding the right method.
Leveraging Reorder Points to Maintain Stock Levels
Best Practices: Leveraging Reorder Points to Maintain Stock Levels It doesn’t matter if you’re a small start-up e-commerce business or a multi-warehouse giant, leveraging reorder points to maintain stock levels will have a positive effect on your day-to-day operations and help ensure that you capture every sale you can. Even before my previous e-commerce business was mature enough to justify an inventory…
Selling CBD Online: A Quick Guide
The hemp compound CBD receives a lot of attention in today’s market. CBD oil and other wellness products containing CBD have rising popularity in consumers looking for natural health remedies. If you want to tap into this emerging market, you need to do your research. This guide will give you an overview of the online…
What Is Lot Number Tracking Software?
Modern inventory tracking technology allows businesses to monitor many types of information, including lot numbers. Lot numbers refer to groups of products to help you determine an item’s source. Lot ID tracking software like Finale Inventory enables you to manage lot numbers to increase your company’s efficiency. Learn more about lot numbers and how you can…
Benefits of Cloud-Based Inventory Management
One of the most important parts of managing multiple warehouses and distribution centers is maintaining an up-to-date inventory management system. Keeping track of a business’s inventory is now easier than ever with advancing inventory management technology — particularly cloud-based warehouse management software. Especially with the prevalence of eCommerce as a primary means of getting goods…
What Is EDI and Why Is It Important?
Electronic data interchange (EDI) is a staple in the business world, providing a quick and secure method for document transfer. Of all electronic business transactions, those facilitated by EDI processes total over 20 billion transactions per year. Over 60% of businesses across the United States already use EDI in their daily operations, benefitting from the cost savings, speed and…
Ways to Pick and Ship Orders Faster
Order picking is a necessity in any large warehouse, and improving its process is essential for customer satisfaction. The order-picking process serves as the last touchpoint between you and your customers before your product travels to its destination. To remain competitive in your market, you must constantly strive to ship your customers’ orders faster while ensuring…
Guide to Minimizing Inventory Overstocks and Understocks
Knowing how much of a product you need to have stocked might seem like a skill that only the most successful companies know intuitively, but it’s a skill you can learn. As you figure out how to prevent inventory understocks and overstocks, you should follow a few guidelines and employ technology to fine-tune your inventory…
Kitting Can Improve Customer Satisfaction and Cut Some Costs
For companies that sell multiple products, kitting can be one of the best additions to your sales efforts. With kitting in place, you can move more products off of the shelves and into customers’ hands, increasing the volume of your sales and positively impacting your bottom line. What Is Kitting? Kitting is when different items…
Expanding eCommerce Business Internationally
If you run an eCommerce business, you may feel that you can easily expand into the global market. But if you translate your website to a local language, there are different challenges you must overcome when expanding eCommerce business internationally. However, there are a variety of tools and strategies that can make the process successful.…