E-commerce transformed the way business was conducted, redefining the interaction between consumers and retailers. The ease and convenience of transactions led to its immense growth, creating new revenue streams. And in no time, e-commerce took over the market, compelling brick and mortar stores to scramble and rethink their business models and strategies. While it appeared
Did you know that e-commerce accounts for approximately 8.6% of all retail spending generating a revenue of $1.915 trillion in 2016? There is also an estimate that this double-digit growth will continue through 2020 toping $4 trillion. Pervasive connectivity and consumer-driven transactions have fuelled e-commerce in a big way. And with the first quarter of
Inventory management software within the retail sector is predicted to grow at the rate of 8.3% CAGR by 2020 due to rapid adoption of ecommerce and mobile commerce. Effective supply chain management is critical to streamlining your logistics as your products move from suppliers to warehouse and finally to your end-customer. Inventory management techniques