Teikametrics’ Post

Why should you record inventory variances for rejected orders? Store associates often encounter inventory inaccuracies when they discover ordered inventory is not available at the fulfillment center. Discrepancies can be caused by: - Damaged inventory - Loss or misplaced inventory - Incorrect data recorded while receiving the inventory If the inventory discrepancy is not communicated to eCommerce, the store will continue to receive orders that cannot be fulfilled, resulting in overselling. A dynamic order management system allows store associates to report inventory variances and restrict further orders for the same product. Using HotWax Commerce OMS, store associates can reject orders and communicate inventory variances in real-time. This improves overall customer satisfaction by reducing order cancellations. Have inventory inacurracies affected your team during the holidays? #ShoppingandtheRetailIndustry #Ecommerce #OmniChannel #InventoryManagement

Retailers it's time to speak to your multichannel provider....Walmart Marketplace have announced the return of the New-Seller Savings program for 2024. For a limited time, new sellers can access up to 50% off referral fees and Walmart Fulfillment Services for 90 days. Get on board while the offer is out there #walmartmarketplace #walmart #incentives #marketplaces #crossborderecommerce #ecommerce

🚀 The Power of Amazon AWD (Warehousing and Distribution) for Your Business! 📦✨ 🌟 Curious about AWD and how it can revolutionize your logistics game? Here's a sneak peek of what you'll discover: 🔍 AWD vs. FBA: Understand the key differences and find out if AWD is right for your business. 💲 Cost Efficiency: Learn about AWD's pricing structure and how it can potentially save you money on storage and processing fees. 🌐 Omnichannel Integration: Discover how AWD supports your multi-channel strategy, from Amazon to your own e-commerce platform. Ready to optimize your inventory management and reduce costs? Dive into our complete guide now! 🚀💼 https://zurl.co/eN16 📲 #AmazonSellers #FulfillmentStrategy #LogisticsManagement #AWD #EcommerceSuccess

Exciting Trends in the Micro Fulfillment Market! This report predicts a remarkable 303.15% CAGR from 2023 to 2030. The COVID-19 outbreak has reshaped consumer habits, triggering a surge in omnichannel groceries. From door-to-door delivery to curbside pickup, the demand for convenience is at an all-time high. In response, retailers like Walmart, Amazon, and Kroger are leveraging Micro Fulfillment Centers (MFCs) to meet unprecedented online orders. MFCs not only enable same-day delivery but also tackle labor shortages and enhance contactless operations with AI-driven robots. While some changes may be pandemic-driven, the superior performance of MFCs in terms of efficiency, low costs, and faster delivery is here to stay. 📦 Curious to delve deeper into the impact and future of Micro Fulfillment? Check out the complete report for valuable insights! https://lnkd.in/gKqbHGPg #RetailTrends #MicroFulfillment #BusinessInsights #Retail #Innovation #SupplyChain #Technology

🚀 Big news from Walmart's Let's Grow Seller Summit! They're bringing some game-changing updates that sellers won't want to miss. Here's a quick breakdown of what's new: 🔧 Enhanced Fulfillment Solutions Walmart Fulfillment Services (WFS) just leveled up! Sellers can now use WFS to handle orders from any eCommerce site with rates 15% lower than competitors and unbranded packaging for a professional touch. They’ve also introduced cross-border fulfillment for seamless shipments from Asia to the U.S. 🎯 Seller-Exclusive Holiday Perks Waived peak season storage fees for inventory arriving by Sept. 30. Cash advances up to $5M through Walmart Marketplace Capital for qualified sellers. A brand-new Deals Dashboard for better deal management and insights! 💄 Category Expansions Welcome Premium Beauty to the Marketplace, with brands like COSRX and Beachwaver now on board. Pre-Owned Items are making waves with "Resold at Walmart," a hub for high-quality, pre-owned products. Collectibles just got more exciting with 0% commission fees for eligible sellers through Oct. 31. 📍 Omnichannel Innovations Introducing Walmart LocalFinds! Customers in Atlanta and Dallas can now shop local businesses directly through Walmart’s digital platform. Walmart is making bold moves to dominate eCommerce with these innovations. Who’s ready for a boost? 🚀💼 #WalmartMarketplace #eCommerce #WFS #Logistics #PremiumBeauty #PreOwnedGoods #Sellers #MarketplaceUpdates #HolidayShopping #BusinessGrowth

Why should you record inventory variances for rejected orders? Store associates often encounter inventory inaccuracies when they discover that ordered inventory is not available at the fulfillment center. Discrepancies can be caused by: ➢ Damaged inventory ➢ Loss or misplaced inventory ➢ Incorrect data recorded while receiving the inventory If the inventory discrepancy is not communicated to eCommerce, the store will continue to receive orders that cannot be fulfilled, resulting in overselling. A dynamic order management system allows store associates to report inventory variances and restrict further orders for the same product. Using HotWax Commerce's OMS, store associates can reject orders and communicate inventory variances in real-time. This improves overall customer satisfaction by reducing order cancellations. Have inventory inaccuracies affected your team during the holidays? Check out our blog to learn more! Link in the comment section. #ShoppingandtheRetailndustry #Retail #Ecommerce #Omnichannel

Let’s get acquainted and see what transpires 😍 #letsconnect #letsgrow #letsconnectwitheachother #WalmartSellers #walmartmarketplace #walmartconnect #walmartglobaltech #walmart #servicesprovider

With a growing number of online retailers now offering to provide third-party logistics to vendors, the boundaries are blurring between e-commerce and logistics. In 2017 we identified a nascent trend in the consumer goods market of moving physical distribution to third-party logistics providers (3PLs). With the growing market share of e-commerce, 3PLs offered a simple and flexible solution just as companies were coming to see physical distribution as a non-core competency. The pandemic has fast-tracked the shift towards omnichannel retail, supercharging the trend of businesses employing 3PLs. This is causing the lines between manufacturer, 3PL, and customer to blur. The repercussions on costs, working capital, and supply chain structures will play out in the coming months and years. https://buff.ly/47NzfVg #supplychain #logistics #cscmp

🛍 Customer behaviors are changing. You need to stay ahead of trends in order to capture their attention. Retail Daily delivers a daily dose of data, news, and insights on the rapid transformation of retail and ecommerce. Join the thousands of subscribers from companies like Walmart, Hermès, Alibaba, Nike, The Coca-Cola Co., Amazon, and more benefiting from our insights and analysis. 📩 Subscribe today for Retail Daily and Retail Media Weekly: https://trib.al/2OjT7AH #retail #commerce #ecommerce #retailmedianetworks #rmn #newsletter

What factors are driving the rapid growth of the #onlinegrocery market, and how are #companies enhancing customer convenience and satisfaction? The surge in online grocery demand is fueled by factors like convenience, wide product selection, and enhanced #deliveryservices. Companies prioritize customer convenience through advanced #technology, #partnerships, and subscription models, fostering market growth and #customerloyalty. Explore More Insights:   https://lnkd.in/dZJUUqsv Key Market Players: Reliance Retail, Tesco PLC, Albertsons Companies, Woolworths Group, Walmart., Rakuten Group, Amazon.com, Inc. #AMR #OnlineGrocery #DigitalMarketplace #Convenience #ECommerce #Technology #CustomerSatisfaction #DeliveryServices #Partnerships #SubscriptionModels #MarketGrowth