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Blog General retail

General retail

Markup vs. margin: What’s the difference? [Formulas]
10 May, 2024

Learn when to use markup vs. margin formulas, how to calculate each, and what they can tell you about your product to make better-informed pricing decisions.

Demand planning: What is it? Principles and importance
26 April, 2024

Discover what demand planning is and its importance, exploring how it intersects with demand forecasting to drive supply chain efficiency.

Just in time inventory (JIT): Definition + benefits in 2024
08 March, 2024

Learn about the just in time inventory management model, how it works, who uses it, advantages and disadvantages, and discover if it’s right for your business.

How To Price Your Products and Optimize Profit Margins
13 February, 2024

Learn how to price a product by calculating your cost of goods sold (COGS), setting appropriate profit margins, and leveraging real-time inventory data.

Automated vs Manual Inventory Systems
21 March, 2023

Order management is the process that takes place in a company to get purchases to the customers who have bought them. That process starts the moment items and goods are paid for online; covers their collection from the storage facility...

What is the B2B2C model? What should you consider in...
27 February, 2023

The U.S. Census Bureau News reported that the retail ecommerce sales for the first quarter of 2022 crossed $250 billion, an increase of 2.4% from the fourth quarter of 2021. It represented 14.3% of the total retail sales. The B2B2C...

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