TransImpact

  The eCommerce industry is growing at an astounding pace. With most people opting for eCommerce as their preferred way to shop, catering to demand accurately can be a challenge. Maintaining your product inventory and ensuring you equip your warehouses with the right products can seem cumbersome. Ecommerce inventory management is the key solution to this problem. Ecommerce inventory management software refers to the process of streamlining inventory across channels to track quantity, pricing, product mix, and more across locations. Today, eCommerce operators cater to customers globally and rely on in-store inventory, fulfillment centers, third-party warehouses, and more to cater to the demand. Planning your demand allows you to keep an eye on your inventory and its utilization. Why is inventory planning in eCommerce crucial? As mentioned, eCommerce brands cater to a broader audience, making inventory planning essential. It ensures you have enough products to cater to customer demand,

  The bitter truth? The world is changing at a daunting pace, and unless you can catch up, you might lose sales. New brands emerge every day, providing the same product or service faster. Time is of the essence, and people opt for the options available when they have a need. As a business, that's where you want to be. In the right place, at the right time. To do that, you need an efficient supply chain. When every step from manufacturing to delivery is one seamless experience, your customers are more assured to stay satisfied. And to provide that seamless experience, you need proficient collaboration, expert decision-making, and accurate insights. The sales and operations planning (S&OP) process makes this possible. What is S&OP? Sales & operations planning is an integrated management process that helps you align demand and supply while ensuring transparency throughout your supply chain. It helps your business save on inventory costs while keeping your services and cus

We live in a fast-paced world of same-day deliveries, and this requires an extensive, accurate process. It’s made possible through supply chain management, a critical process that ensures a smooth transition of a product and service from procurement of raw materials to delivery. To help companies cut costs and deliver better, forecasting in supply chain management has become essential. Supply chain management has changed over time from being linear and siloed to more flexible and transparent. The first step of supply chain management is planning and that’s where forecasting plays an important role. Forecasting helps you predict demand and inventory, streamline communication across the board, and more. Importance of supply chain forecasting A just-in-time (JIT) supply chain is needed to enhance customer service and reduce inventory-related costs. However, forecasting is key in maintaining accurate supply chain management. Forecasting relies on understanding the competition, analyzing pa