Inventory management is the cornerstone of success in the Australian Logistics and Freight industry. With a staggering CAGR of 4.6% from 2015 to 2020, businesses must embrace best practices to keep up with the rapid growth and meet the demands of customers. An...
Inventory and purchase order management are critical aspects of managing any business that sells physical goods, and that holds whether you are managing a national business or a local brick-and-mortar shop serving a more focused audience of consumers. But amid the...
Every single financial transaction you make is vital for your business, so it’s essential to keep track of them with invoices or bills. These legal documents are from a seller to a buyer to record any kind of sale made. They also double as an accounting tool and...
No matter what name it goes by – backorder, back order, or BO – when they occur, they are frustrating for inventory managers and customers alike. Backorders open the door for your customers to shop elsewhere with the possibility they may never come back....
Although eCommerce dates back to 1969, it’s come a long way since the CompuServe launch. eCommerce sales now account for 14.1% of total sales in the US—and at the global scale, that number rises to 19.7%. Advancements in technology have made it easier both for...
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