How To Cope With A Low Inventory Level
Gone are the days when manufacturers could stockpile vast amounts of raw materials, pile work-in-process on the shop floor, and stockpile finished products in warehouses. The old methods are now producing inconsistent results, not to mention long lead times and high costs. The trend is for companies to respond rapidly to consumers’ demands while maintaining […]
Tips To Increase Repeat Purchase
A repeat purchase is a purchase made by a customer who has bought from your store before. Data has shown that selling to recurrent customers is much simpler than finding new ones. Yet many online stores invest a lot of money to draw customers who may or may not be interested in their products. Working […]