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Building long-term, strategic relationships with suppliers should be a goal for every retailer. Improving supplier relationship management (SRM) brings benefits that help you deliver high-quality products and services to your customers. These supplier management tips will help your company as it strategizes for more effective supplier relationship management. New to supplier relationship management? Read our […]

The actions taken by suppliers and other trading partners are one of retailers’ most common supply chain blind spots. A supplier’s decisions create a ripple effect throughout the supply chain, making supplier relationship management (SRM) vital for maximizing the partnership’s value. Supplier management is the process of interacting with the third-party vendors that supply your […]

The recent explosion of digital commerce — including drop shipping, B2B eCommerce, and B2C online shopping — dramatically altered the logistics landscape for thousands of businesses, especially when it came to shipping and fulfillment. Total online sales in 2021 equaled $870 billion in the U.S., marking a 14.2% increase since 2020 and a 50.5% increase […]

In an earlier article, we discussed how drop shipping allows retailers to expand SKUs and revenue without incurring inventory costs and headaches. While there are still some challenges with drop shipping, it’s now a standard business practice for retailers. In fact, at least 86% of retailers say they’d like to get more suppliers involved with […]

Your business’s tech stack is vital for managing communication and data transmission between your supply chain partners. Integrating your technology solutions streamlines every step of your business operations, from order processing to fulfillment. When your company utilizes electronic data interchange (EDI) integration, it can benefit from improved order fulfillment and reduced errors. Planning is essential […]