Basic ways to make massive changes to your ability to scale.
Anyone who has ever run an online retail operation understands the logistical complexity of inventory management. You must keep track everything you have in stock, ensuring that your products are priced correctly and in the right locations at the right times. Because multichannel ecommerce selling is such a complex and arduous undertaking, even the slightest improvement in efficiency can make a massive difference. Acting quickly to changing circumstances can help you avoid stocking too many or too few products, which are both highly undesirable scenarios.
Thankfully, there are plenty of ways in which the average online retail process can be significantly optimized. Here are 5 strategies you can use to greatly improve your operational efficiency on the Webgility blog.
On August 11, 2020, at 2:00 p.m. Eastern Time, Webgility is offering an in-depth webinar on the nuts and bolts of ecommerce for accountants looking to join the world of online retail. In this webinar, we’ll discuss the most pressing inventory and tax issues relating to accounting ecommerce.
This event has ended. You can find it an all of our archived events HERE.