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Why Supplier Collaboration is Essential to Business Growth

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Renny Smith

Waves of supply chain issues have driven home the importance of supplier collaboration. A healthy network is vital to achieving real-time visibility into your business transactions. We’ve seen the drastic effects of supply chain disruption, like delays and stock shortages from single-supplier reliance and challenges for inventory tracking and forecasting due to unpredictable demand. The […]

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Drop Ship 101: The Benefits of Drop Ship for Retailers

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Renny Smith

Drop shipping is a business model where a merchant, such as an eCommerce or brick-and-mortar retailer, sells products to consumers, but the product manufacturer or distributor is responsible for fulfillment. When a customer places an order on the drop shipper’s website or in a store that does not have inventory for that product, the order […]

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How to Start a Wine Club

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Renny Smith

STOP: Before reading, we recommend opening a bottle and indulging in a glass of wine. Because this topic is so meaty, you’ll want to choose a full-bodied cabernet sauvignon or merlot that can stand on its own, and get you excited about how to start a wine club. Ready? Great, let’s dive in. Wine clubs […]

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Why You Should Integrate Your Fulfillment Solution with Your Online Sales Channels

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Avatar for Renny Smith
Renny Smith

In some ways, the COVID-19 pandemic has turned the world of retail upside-down; but in the case of eCommerce, the crisis has only augmented already accelerating online buying trends. From 2018 to 2019, online consumption in the US alone grew 14.9%, and the market share for online sales eclipsed general merchandise sales for the first […]

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The Benefits of eCommerce: How Selling Online Helps Businesses Stay Competitive

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Avatar for Renny Smith
Renny Smith

Digital shopping has become a staple of the consumer experience, and it’s not slowing down anytime soon, with sales expected to exceed $7.4 trillion by 2025. It’s been gaining speed for a while, but in 2020, many businesses learned how crucial eCommerce is for weathering storms, staying competitive, and offering customers the best experience possible. Still, […]

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8 Vendor Selection Criteria for Choosing a VMI Provider

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Renny Smith

Every business owner knows that choosing the right vendor requires getting honest answers to your buying questions. But in order to get these answers, you must first know what questions to ask, and the vendor selection criteria to keep in mind. Something I’m often asked when I’m meeting with potential Vendor Managed Inventory (VMI) customers—particularly […]

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Unified Commerce: The Next Step in Supply Chain Evolution

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Avatar for Renny Smith
Renny Smith

This content was updated on December 18th, 2023 Today, around 275 million people shop online in the United States, and the number is expected to continue climbing in the future. Customers want their purchases delivered with impressive accuracy and speed. To meet expectations, retailers have turned to integrated solutions. A unified commerce platform automates communication, organization, and […]

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Replenishment Is Key to Effective Scan-Based Trading

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Renny Smith

This content was updated on December 18th, 2023 Driven by retailers who love low-risk investments, scan-based trading (SBT) is quickly becoming a normal occurrence among supply chains. While not every supplier is a fan of the practice, SBT is growing across several retailers and channels and suppliers need to get on board, or risk falling […]

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The 5 Essential Elements of Successful Drop Shipping

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Renny Smith

This content was updated on December 6th, 2023 Drop shipping has been an important part of multichannel commerce since the mail-order catalogs of the 1950s. But with the advent and subsequent explosion of Amazon and other “etailers”, modern drop shipping has grown into a global market worth over $243 billion. Today, around 27% of online retailers use drop […]

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Scan-Based Trading (SBT) Basics – Why, Who, and How

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Avatar for Renny Smith
Renny Smith

The omnichannel explosion has created enormous pressure on retailers to reduce inventory and cut carrying costs while offering high in-stock levels and product variety. Major chains like Target, Dollar General, Walgreen’s and CVS are turning to scan-based trading (SBT) as an option to stay competitive. But what is it? And, how does it work for […]

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