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What is a UPC code?

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Renny Smith

A UPC code, which stands for Universal Product Code, is a type of barcode used primarily in the United States and Canada for tracking items in stores. The UPC consists of a unique 12-digit number and a corresponding barcode symbol that can be scanned electronically. The UPC system is managed by GS1, a global standards […]

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What is ANSI Standard?

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The American National Standards Institute (ANSI) facilitates technology standards in the United States. While ANSI does not develop standards itself, it oversees the development process carried out by other organizations and ensures that these processes are open, transparent, and involve stakeholder consensus.  A few examples of ANSI rating standards include: ANSI Z87.1 The ANSI Z87.1 […]

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TrueCommerce: A Leader in Multi-Enterprise Supply Chain Commerce Network  

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By Ryan Tierney  TrueCommerce was recently named a Leader in the IDC MarketScape: Worldwide Multi-Enterprise Supply Chain Commerce Network (MESCCN) 2023 Vendor Assessment* report. This IDC MarketScape study includes an evaluation of 14 vendors that met the strict criteria and broad competencies established by IDC for supply chain commerce networks. The report evaluates vendors based on […]

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What is Assortment Planning? How to Improve

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Renny Smith

Assortment planning is a process that helps retailers choose the best products to sell to customers at the right time, place, and price. This process involves determining the variety of products, breadth of product lines, and depth of product lines. The goal of assortment planning is to maximize sales and profitability while meeting customer demands […]

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TrueCommerce is Recognized as a Leading Advisor for E-Invoicing Implementation in Germany 

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Renny Smith

The Future of B2B Invoicing in Germany    TrueCommerce was recently featured in Germany’s top online magazine for technology and innovation, IT Zoom Germany. The publication delivers expert insights, industry news, and analysis on IT trends, software development, cybersecurity, and emerging technologies.   In Germany, the implementation of e-invoicing is set to become mandatory with the legislative […]

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What is Sell-Through Rate?

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Renny Smith

Sell-through is used to assess the efficiency of inventory sold over a specific period. It calculates the efficiency with which a product moves from a seller to the hands of the final consumer, helping to assess the performance of products within a specific timeframe. This offers insights into consumer demand, inventory management, and overall sales […]

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Navigating Supply Chain Complexity for Industrial Distributors

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Renny Smith

In the highly competitive space of industrial distribution, companies may encounter a multitude of hurdles that can hinder their operations and profitability. From supply chain management to technological disruption, industrial distributors must understand and proactively address these challenges to maintain a competitive edge. This article dives into the top supply chain complexity challenges faced by […]

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What is Retail Analytics?

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Renny Smith

Retail analytics is the process of gathering, analyzing, and interpreting data related to retail operations and consumer behavior to make informed business decisions. It uses various techniques, like data mining, statistical analysis, and predictive modeling, to extract insights from large volumes of data generated by retail transactions, customer interactions, inventory management, and other sources. Read […]

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Six Strategies: How to Reduce the Bullwhip Effect In Supply Chains

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Renny Smith

By: Brian Lindner  In an era where supply chain dynamics are increasingly volatile, the bullwhip effect emerges as a critical challenge for businesses striving for operational excellence. This phenomenon, where minor variations in consumer demand trigger significant fluctuations in upstream supply chain orders, mirrors the dramatic amplification seen in the crack of a whip. This […]

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E-invoicing in Japan

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Renny Smith

E-invoicing, also known as electronic invoicing, is becoming increasingly important in Japan. With the introduction of Japan’s electronic invoicing standard in 2012, companies were encouraged to switch to electronic invoicing to increase efficiency and reduce paper costs.  There are many advantages of e-invoicing in Japan. Businesses can save time and resources by automating the manual […]

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