This is a guest blog post written by Cin7 partner, Marsello. Learn more about our partner program. Email marketing is a key sales tactic for retailers and product sellers, so it’s important to have an active, responsive database. That means consistent or growing engagement (open and click rates), a high repeat purchase rate, and growing […]
The choices for inventory and order management software are narrowing by the month. In July 2020, Square sunsetted Stitch Labs. In June 2021, Intuit/QuickBooks announced it was sunsetting its TradeGecko platform. In November of 2021, Xero announced October 10, 2022 as the date it will be sunsetting its LOCATE software. The field of inventory software […]
There are two areas of purchase order management: the number of POs issued and the timing of them. The first means finding the right balance – failing to write up enough of the orders could result in stock shortages, which could lead to you being unable to fill your customers’ orders; writing up too many […]
All businesses need a strong supply chain to ensure the goods they want to sell are delivered on time, in perfect condition, and at a competitive price. Yet, the supply chain is a complicated system with many players, each with its own goals and strategies. Every step in the production process — from sourcing materials […]
Retail businesses have an average of 20% inventory to sales ratio. This I/S ratio compares the value of your inventory with the amount you make from selling your goods. The I/S ratio is arrived at by dividing the revenue made from overall sales by the value of the stock that’s kept. So, with a 20% […]
Nowadays, when it comes to businesses moving their goods through their internal systems, disruption seems to be the new normal. Events like a pandemic, trade sanctions, and war can seriously affect this supply chain, creating problems for internal logistics, and ultimately, the delivery of goods. To avoid this, companies should be thinking of ways to […]
Amazon.com is undoubtedly the number one name in ecommerce. It has dwarfed every other ecommerce platform. Thus, if you are thinking about becoming —or already are — an Amazon seller, you are on the right path to increasing your turnover. How can we help take you further? Here are 12 reasons why using the Cin7 […]
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Modern businesses from every industry now operate across multiple states and countries. Thus, they need fast, efficient shipping services. What is freight shipping? Freight shipping means transporting heavy or large volumes of goods, commodities, and cargo by land, sea, or air. Freight shipping is important for any business that caters to people in different […]
The last few years have been really hard for retailers. Disruptions from the Covid-19 pandemic forced many businesses to slow or halt operations altogether. Factory shutdowns created a production backlog, with 38.8% of small businesses facing delays from suppliers, according to the US Census Bureau. At the same time, consumer demand for many products spiked […]
Your customers hate waiting to receive their products. According to a study by Oracle retail, 13% of them won’t buy from you again if you don’t deliver on time. Offering expedited shipping can help you meet your customers’ expectations and increase your profitability. What is expedited shipping? Expedited shipping is performed to deliver orders […]
Business models such as ecommerce and direct-to-consumer (DTC) are giving a tough time to wholesalers as well as retailers. You may already be struggling with razor-thin margins, and during such situations committing mistakes can cost you dearly. You need to be on top of your game. This article will share some common mistakes that wholesalers […]
Whether you’re running an auto body shop, a law firm, or a retail store, doing a year-end inventory count helps your business close the books on the past 12 months and organize yourself for the year ahead. In fact, the year-end inventory count is necessary for successful inventory management throughout the year. It allows you […]
In today’s crowded space, businesses are doing what they can to grab and keep their customer’s attention. As a result, marketing has gotten much more personal. This trend began with B2C companies creating personalized, relatable content for their audiences, and is known as consumerization. However, a popular myth associated with consumerization is that it only […]
