There’s a reason Excel is the go-to forecasting tool for countless brands and merchants. It’s flexible, affordable, and you already know how to use it.
In a recent Anvyl survey, 73% of businesses said they were planning to scale into a new channel over the next 6-12 months. 71% were also looking to add more suppliers to their portfolio.
The problem? Many of these brands are already struggling to manage their supply chains, with 67% still using Excel to plan their inventory and 66% reporting existing overstocks.
“Folks are still facing a lot of difficulties when it comes to managing the first mile of their supply chain,” says Carissa Davis, Senior Customer Success Manager at Anvyl.
The ecommerce world is changing faster than you can say “unified omnichannel experience."
Customers demand better visibility, stronger brand values, and compliance with key sustainability practices. Yet inventory stockouts and supply chain setbacks are still a regular (and expensive) challenge for modern retailers.
To scale successfully, brands need lean, agile inventory planning systems that can adapt to any demand fluctuation, market phenomenon, or natural disaster.
In this article, we’ve rounded up some of the top ecommerce trends that could have...
October has been exciting for the Flieber Team as Flieber Sales has officially launched!
Continue reading to learn a little more and check out other Flieber product updates that released this month, including a feature that will be deprecated.
Here is a TLDR:
- Official Launch of Flieber Sales
- Design for the PO/TO Tracking Page
- Report: Sales vs Forecast
- Edit Draft Expiration Date in bulk
- Chatbot Update
- [Deprecated] Push to Amazon
According to a study from the IHL Group, inventory distortion (i.e., stockouts and overstocks) will cost retailers nearly $1.8 trillion in 2023. That’s roughly the size of Brazil’s entire GDP.
The impact of stockouts on customer satisfaction can be devastating for modern commerce brands. In 2022, more than half of global e-shoppers reported being unable to purchase products due to stockouts.
According to one McKinsey survey, 71% of consumers said they switched brands or retailers when they couldn’t find their desired product in stock. Only 13% stayed...
You’re doing well on Amazon and you know it’s time to branch out into other channels. You also know there's a huge opportunity in adding Shopify to the mix.
September’s big update is about the now publicly available API! Read on to learn more about it. Don't forget to check out this month's latest blog posts.
Here is a TLDR:
As an online retailer, you know that managing your inventory levels efficiently is becoming ever more critical to your bottom line.
You can’t afford stockouts, but you also can’t risk tying up your capital in excess inventory. You have to find that Goldilocks “just right” number for each SKU.
One of the best ways to do that is to figure out your optimal inventory to sales ratio.
As an e-commerce retailer, no two days are the same, especially when it comes to balancing your sales and inventory.
With peak season around the corner, do you push hard on sales and risk going out of stock? Or do you relax your sales activities and risk not selling enough?
Optimizing your inventory for seasonal variations takes focus, energy, and more manual work than you probably have time for. But failing to plan for seasonality could cost you even more.
August’s product updates has two main categories: Flieber Integrations and UX updates. Also, the exciting introduction of Flieber Lite! Check it out here.
Here is a TLDR:
- Almost 30 integrations to natively connect your data to Flieber
- Separation of product codes for Used and New SKUs
- Inventory locations are editable
- UX updates to the filters on the Restocking Needs and Create New Transfer pages
- Export Data button has been clarified to distinguish the two on the Forecast page
- Quick link to the Billing Portal has been added