Month: November 2024

Choosing the best inventory management and fulfillment strategy is crucial for any company looking to cut costs, improve customer satisfaction, and increase growth. Supplement brands, with their shelf-life-sensitive products, need to be particularly cautious about choosing the right inventory process.  In this industry, FIFO and FEFO inventory management methods are often particularly popular, as they can help to ensure products stay fresh and compliant with regulations, improve customer satisfaction levels, and protect your brand’s reputation.  Both FIFO (First-In-First-Out) and FEFO (First-Expired-First-Out) inventory rotation methods for supplements can help you make the most of products with limited shelf lives. In this…

The supplement industry is booming, with industry reports suggesting the market is currently growing at a CAGR of 9.1%. But thriving in this market is far from easy. If you want to earn sales, separate yourself from the competition and earn loyal customers, you need more than just great products. You need an optimized supplement fulfilment strategy. Mastering everything from inventory management for supplements, to ensuring products reach your customers in time (and in great condition), can be complicated. You’ll need to navigate strict regulatory requirements, use the right strategies to get the most out of products with limited shelf…

SKU management isn’t easy to navigate for fast-paced fashion brands. Inventory management, and apparel logistics can be notoriously complicated, thanks to the wide range of product variations (different sizes, colors, and styles) they need to manage. It’s easy to make mistakes that can lead to stockouts, mis-picks, and other costly errors that frustrate your customers and harm your brand’s reputation. In fact, one report found that the apparel industry has among the highest out-of-stock rates of any sector, thanks largely to the complexity of SKU management. Another found that fashion retailers can miss out on about $1 trillion in sales due to stockout issues.…

The Link Between Fast Shipping and Customer Retention Fast delivery meets customers’ high expectations. Over 80% of shoppers say they’re more likely to purchase from brands offering same-day shipping, and 66% of U.S. consumers expect free two-day delivery. Fulfilling these demands is essential to remain competitive, as slow delivery times can drive customers to shop elsewhere.Quick and reliable shipping reassures new customers, creating a positive first impression. As trust builds, customers are more likely to return, increasing their lifetime value. A consistent track record for fast delivery keeps customers loyal and helps fashion brands differentiate themselves. For instance, ASOS has…