How to Avoid Overselling and Stockout Cancellations
By Frank Tilleli on April 18, 2022
After scouring the internet, a shopper has finally decided to buy a product that fits their needs. Shortly after placing their order, they receive a notification that the order cannot be fulfilled and has been canceled. They've become a victim of overselling. If this happens to your customers, you may face an array of negative effects, from a poor reputation to negative feedback on your selling platform. It's inefficient and costly for your business as a whole.
EDI Challenges
By Frank Tilleli on April 8, 2022
Electronic data interchange (EDI) has enabled businesses of all types to communicate with a wide range of partners quickly. However, while EDI is fast and digital, it can also be complicated. You'll need to do your research and prepare for an array of EDI implementation challenges, like errors, higher costs and out-of-date information.
EDI for Small Businesses
By Frank Tilleli on March 23, 2022
Small businesses are often stretched thin. Workers might wear many hats and struggle to make time for the day-to-day paperwork of running a commerce business. Fortunately, electronic data interchange (EDI) platforms can help. EDI software links up incoming and outgoing data from your various partners and systems, like retailers, distributors and enterprise resource planning (ERP) software. It provides a centralized space for this data to move through, allowing you and your employees to access up-to-date information and automate various processes like invoicing and order aggregation.
Third-Party Order Fulfillment (3PL) vs. Dropshipping
By Frank Tilleli on March 9, 2022
With the help of technology and digitalization, e-commerce continues to grow and expand. In 2021 alone, the United States e-commerce industry generated $768 billion — and it's expected to surpass $1.3 trillion by 2025. Customers prefer to shop online for various products rather than in-store because of the convenience and time-saving features it offers.
