eZCom Software Blog
EDI pro tips, essential guides, expert advice - eZCom Software
Inventory turnover is a metric that measures how often a company's inventory is sold and replaced over a specific period, such as a month or a year. It reflects how efficiently a business manages its inventory in relation to its sales or production processes. Inventory turnover is measured by what’s called the inventory turnover ratio…
Sell-through rate is a critical metric for businesses to track, but it's often misunderstood. Let’s dig into what it is, why it matters, and how you can improve it. What is Sell-Through Rate? Sell-through rate measures how quickly a brand sells inventory compared to how much it receives from suppliers. It's expressed as a percentage and calculated over a specific period. This is the Sell-Through Rate formula: Sell-Through Rate = (Number of Units Sold / Number of Units Received) x 100 Example: If you received 100 units of a product and sold 80 units in a month, your sell-through rate would be 80%. Is Sell-Through the Same as Sell-Out or Sell-In? Though they all sound similar, sell-through, sell-out and sell-in…
We’re almost to the midway point of 2024. Here’s how the retail landscape has shaped up this year so far…
Supply chain demand planning is the crystal ball of the business world. Imagine if every time you went grocery shopping, you knew exactly how much milk, bread, and eggs you'd need for the week ahead. That's what demand planning does for companies, but on a much larger scale. At its core, demand planning is all about predicting what customers will want and when they'll want it. Sounds like a guessing game, right? Yes… But not really…
In today's dynamic business landscape, supply chain visibility is no longer just a buzzword; it's a necessity. With consumers demanding transparency and agility, brands must prioritize improving their supply chain visibility to stay competitive and resilient. Fortunately, there are several straightforward strategies that brands can adopt to enhance that visibility. Let’s dig in…
In the complex world of supply chain management, there’s something called the bullwhip effect. The bullwhip effect shows the amplified fluctuations in inventory and order quantities experienced as one moves upstream in the supply chain, away from the end consumer…
Brands and retailers have increasingly started to care about sustainability, identifying ways to minimize the environmental impact their business has on people, populations and the planet. Many areas within a business can contribute to that effort… even EDI…
G2's Winter 2024 Relationship Index just came out and we’re thrilled to announce that eZCom ranks first among all EDI providers!…
For many beauty, health, wellness and apparel brands, November and December tend to see the highest volume thanks to Black Friday and the holidays. But with Valentine’s Day and Mother’s Day, February and May aren’t far behind. Whether they’re major or mini, these seasonal peaks can strain any organization across a range of departments – accounting, ecommerce, inventory, compliance… you name it. The keys to reducing that strain? Integration and automation. More specifically, integration and automation powered by EDI. Let’s run through some of the most common EDI integrations and automations that can help your business handle seasonal peaks…
Brick and mortar retail is dead. How many times have you heard that? We’re betting plenty. But the thing is, that statement couldn't be further from the truth. While “ecommerce sales in the third quarter of 2023 accounted for 15.6 percent of total retail sales,” 72 percent of consumers still shop in stores on a weekly basis. For every argument there is a counter argument. So what’s that tell us?…