How to grow your ecommerce store by using artificial intelligence

Artificial intelligence in e-commerce is one of the things that will have a big role in the future, and we will see how to grow your ecommerce store by AI, The relationship of AI with the e-commerce sector is related to broad technologies such as data analysis and machine learning in order to take better and smarter actions to improve the shopper experience, and AI mechanisms are working to improve the e-commerce process, and this What we are going to discuss today, we will talk about how to grow your ecommerce store through the use of artificial intelligence techniques, and how you can apply artificial intelligence in your e-commerce business.

What is artificial intelligence (AI)?

Artificial intelligence (AI) is techniques, tools, and machines that simulate human intelligence and work to achieve a primary goal, which is to accomplish any task in the smartest way, in the fastest time and with the most accurate result.

The mechanisms of artificial intelligence work to absorb a huge amount of data and work on analyzing and processing it and benefiting from it to reach perfect results and performance, and this is what surpasses the human capabilities that bear part of the error.

Artificial intelligence techniques have begun to mature and develop, and there are many forms of it in more than one sector of the e-commerce sector.

We find many forms of artificial intelligence that have become a powerful and intelligent tool to improve commerce operations and performance and increase sales and profits, By which we will know how to grow your ecommerce store.

How to grow your ecommerce store ?

How to grow your ecommerce store

how to grow your ecommerce store? You can take advantage of artificial intelligence techniques to learn how to grow your ecommerce store, as there are many advantages that artificial intelligence technologies can provide.

The following are the most prominent advantages that artificial intelligence techniques can provide you with,which will Through it know how to grow your ecommerce store:

1. Increase sales

get to know how to grow your ecommerce store Via increases sales, Artificial intelligence applications and mechanisms allow you to make predictions about the goods that the customer may need in his next purchase.

All this is done based on analyzes and studies of the customer’s behavior through his previous purchases or based on his product search history.

you may need to know : Learn Product management through modern systems

This will benefit you later, as the customer receives suggestions about what he actually wants to buy, that is, he makes more purchases and thus records more revenue and profits.

2. Optimize the performance of your advertising campaigns

Artificial intelligence tools and techniques help you collect the data of the audience and users of your online store and then study and analyze it.

This is to be used later in creating advertising campaigns, and in marketing campaigns, and this helps you in improving the performance of your advertising campaigns and achieving more effective and successful marketing and commercial results than before.

3. Gain the satisfaction and trust of customers

get to know how to grow your ecommerce store Via Gain the satisfaction and trust of customers, Through the Artificial Intelligence techniques, you will be able to improve the experience of your customers in more than one way,

Whether through the chatbot and the quick, direct and professional response to all inquiries and comments, or by facilitating the steps of making a purchase for it.

This enhances his feeling of confidence and satisfaction towards your online store and makes him his first choice when making any purchase online because it provides him with all the means of shopping comfort and ease.

4. Increase retention of your existing customers

Retaining customers for as long as possible is an important goal that all merchants and brand owners pursue because it is more effective to benefit from existing customers than new ones.

There are many elements that help maintain customers and are responsible for artificial intelligence applications and tools, such as professional support and facilitating the shopping process for them.

5. Protect your store from hacking

get to know how to grow your ecommerce store Via Protect your store from hacking, Surely one day during a search or online shopping I was tested with CAPTCHA or reCAPTCHA that works intelligently and automatically to make sure that you are human and not a bot trying to hack the site.

To reduce potential hacking and fraud in your online store, you can activate the application of any of these applications and take advantage of them to protect your store.

This will reflect on your customers as well, as it enhances them with a sense of trust towards your store and pushes them to make more purchases and use electronic payment methods that need to enter their personal bank details.

Using Artificial Intelligence to improve your eCommerce Brand 

1. Chatbots

get to know how to grow your ecommerce store Via Chatbots by AI, One of the most famous artificial intelligence images in e-commerce is an automated chat model or bot or conversation robots as they are called.

It is working with artificial intelligence on the rapid and automatic response to customers. They give them quick answers to their inquiries, which certainly affect the customer’s decision to purchase your store from your store.

If the client is interested, quick and correct answers at the same time inquiry regarding any product on your online store without waiting for a long time.

And this will pay for the sense of security and confidence towards your store and therefore make more purchases.

2. Customer retargeting

Artificial intelligence techniques can help you successfully in customer retargeting, through the ability of artificial intelligence technologies in the same way, artificial intelligence can help improve sales forecasts for any company from e-commerce companies.

This online store seller helps effectively target customers, as well as the possibility of promoting products likely to sell a lot, leading to better results for companies and stores.

3. Inventory management

get to know how to grow your ecommerce store Via Inventory management system by AI, You can use artificial intelligence tools to manage your inventory with maximum control, allowing you to accurately storage what you need as well as improve your inventory control at all times.

The addition of artificial intelligence capabilities help the e-commerce stores campaign in avoiding excessive storage, thus reducing the amount of funds that are kept in goods and the liberalization of space.

4. Email marketing

Artificial intelligence can also be used in email marketing, allowing marketers to assemble and analyze huge amounts of data from social networks, emails and web networks at a quick time.

The marketers can use the results of those analyzes to enhance the performance of their marketing campaigns and improve the return on investment (ROI).

Implementing AI in Your eCommerce Business

How to grow your ecommerce store

LOGSTIAT has experts in the logistics field they know how to grow your ecommerce store, and they are able to solve most of the problems facing shipping companies and provide as many logistics management solutions as they programmed and translate ideas to be in one intelligent and comprehensive system.

The LOGSTIAT system is overvalent and the desires of dozens of companies to be at the forefront of shipping companies in Saudi Arabia by providing all smart solutions for logistics companies, Thus helping companies grow faster based on artificial intelligence and modern technology.

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admin April 21, 2023 0 Comments

Electronic Proof of Delivery (ePOD) is our modern technology

Previously, Proof of Delivery was just a paper document that customers needed to sign, in order to verify that the customer had actually received their order, and then was invoiced. There is Electronic Proof of Delivery (ePOD), and it positively affected the company and the customer as well. For the company, this helped reduce its operating costs. As for the customer, he had a better experience, which increased customer movement and flexibility and You can follow up on this through the order management. In this article, we will show you everything you need to know about Electronic Proof of Delivery (ePOD), its most important benefits and how it works.

What is an electronic proof of delivery (ePOD)?

Before talking about the definition of Electronic Proof of Delivery (ePOD), let us first clarify what is meant by Proof of Delivery, which is a way of confirming the fact that the recipient has received the contents sent by the sender.

This is through a receipt voucher signed by the consignee, confirming that he has received the shipment in good condition. Proof of delivery becomes very important when legal and financial documents are exchanged between two parties.

Sometimes the receipt voucher includes a variety of transaction details, including information about purchase orders, invoices, shipping details, product specifications, and prices.

As for the Electronic Proof of Delivery (ePOD), it is the same as the previous definition, but in electronic and digital form. Instead of circulating a paper document to prove delivery, there is an electronic form of Proof of Delivery

you may know to read about : cash on delivery

Know how electronic proof of delivery works

electronic proof of delivery

Electronic Proof of Delivery operates in the form of:

  • Mobile applications, which allow accessing and identifying location data.

Or

  • In the form of a digital dashboard, which can add and review data from your office.

Once you use any of the previous two forms, the program or application used will collect data such as electronic signatures, barcodes and QR codes, as well as time and geographical location,

And then direct that data to the central axis, through which the data is recorded and reviewed, which will help increase the transparency of the entire delivery process. and you can follow these processes through Delivery Management system.

It also allows employees to monitor live operations and track information as it arrives, thus making real-time decisions based on that data.

Data types of electronic proof of delivery 

There are many types of data that can be collected through an ePOD, and the following are the most important:

  • Pictures
  • barcode
  • QR codes

There are a number of ePOD applications that can automatically identify a number of data once the application is opened, and the most important of these data are:

  • Geographical location.
  • Information of the vehicle that delivers the order.
  • Delivery time.
  • Information of the driver who delivers the order.

And after the application collects all this data, it then sends it to your central information center to analyze it for you.

Benefits of electronic proof of delivery

electronic proof of delivery

1. Simplify the process

ePOD helps greatly simplify operations, because it removes paperwork from proof of delivery, saving a lot of time and eliminating complications, as well as preserving data from damage and loss.

2. Flexible in customer support

One of the advantages that ePOD can provide is the flexibility of customer service, as this system will help in helping customers to know the delivery dates,

Such as sending a text message to the recipient before the arrival of the goods, it also helps customers track delivery and the location of their orders,

And through customer feedback, the company will be able to coordinate and tailor future transportation to customers.

3. Improve quality service

The ePOD will help make the delivery process faster, simpler and more efficient, thus facilitating data retention for the company, as well as providing an unforgettable customer experience.

4. Improve quality service

One of the most important advantages of using an ePOD is the increased accuracy of Proof of Delivery, which helps to facilitate and make responding to requests faster and easier,

As systems for increasing the accuracy of Proof of Delivery provide many options for collecting data through them.

5. Provide real-time control

Another important benefit of using an ePOD is to keep managers up-to-date with the latest information on the status of deliveries and orders,

Thus providing the ability to respond in a timely manner to any emergency situations ensuring a better customer experience.

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admin April 21, 2023 0 Comments

Transportation Management Software: Which is better In-house or Outsource?

Constantly increasing customer expectations, not only for shipments to be delivered on time, but also for delivery within two days or even the same day, Transportation Management Software is one of the best programs that provides faster responses to consumers and more detailed information for companies, Transportation Management Software ensures delivery of Timely shipments and goods, in addition to helping to simplify the shipping process, and facilitate the management and improvement of transportation operations, whether by land, air or sea, and in this article we will talk about Transportation Management Software in some detail, and we will show you which is better, In-house or Outsource?

Transportation Management Software

It is one of the modern tools that uses technology to help companies plan, implement and improve the movement of goods, both incoming and outgoing, and to ensure that the shipment process complies with the requirements with the availability of the necessary documents. Fastco offers you this service, a delivery management system.

Transportation Management Software also helps provide visibility into day-to-day transportation operations and information and documentation about companies’ compliance requirements.

In addition, it allows the ability to deliver shipments and goods in a timely manner while simplifying the shipping process, and makes it easier for companies to manage and improve transportation processes significantly and clearly.

Which is better: In-house or Outsource?

Transportation Management Software

Much wondering whichever is better, is the outsourcing of transport management software or relying on In-house software, and in fact, outsourcing fulfillment will be more benefits to users.

Where outsourcing helps more external resources, which helps to simplify jobs and processes, the following are the most prominent reasons for using outsource transportation management software:

1. Outsourcing the software saves the cost

Outsource transportation management software greatly helps you provide more costs, which makes companies prefer to use Outsource transportation management software.

It also helps to submit periodic reports and support from human tasks without errors, helping the company to provide recruitment costs.

2. Outsource software connects transport companies with your trade companies

Transportation Management Software actively helps you link the best transport companies in your business, especially when you use external sources, you are dealing with a group of experienced logistics who have many good relationships with a huge collection of different transport companies that can offer you the best services With transport and low prices.

3. Outsource transportation management software businesses to focus on developing core competencies

Outsource transportation management software is focusing on the development of core competencies by taking into account your hard tasks.

So that you can improve processes and adjust storage and transport services according to customer needs, It will also effectively meet the delivery requirement to provide costs, time and improve logistics activities.

All this will help the company mainly focus on developing the best customer service and creating more value added services to the company itself and also.

4. Outsource transportation management software minimizes risks for businesses

Transportation Management Software

Outsource transportation management software is effectively reducing businesses’ risk. Through which experienced holders are discovering the shutters in existing logistics management, and provide appropriate solutions to improve their operation.

It also helps to make gay processes easier, resulting in an increase in the efficiency of the organization, improve customer loyalty, and generate more revenue.

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admin April 21, 2023 0 Comments

Direct Store Delivery and its importance for retailers

Direct Store Delivery (DSD) is a business term for a way to get the product from the supplier directly to the retail store. And the manufacturer, then it is agreed on the group of products that Direct Store Delivery or (DSD) will be applied to, Also, DSD is an alternative distribution model for distribution center and tends to be widely used in the food industry for fresh products such as milk and bread. And in this article we will learn all the details about Direct Store Delivery or (DSD) and its importance for retailers.

What is Direct Store Delivery (DSD)?

It is a supply chain management in which the product is delivered from the place of manufacture directly to the retailer, and this process is widely used in the food industry, and perishable products.

Direct store delivery is becoming more and more popular; as this type of delivery helps producer companies maintain quality control at every step of creating, storing, shipping and delivering their products.

And that helps companies in reducing inventory loss, which costs companies billions each year.

Advantages of dsd (Direct Store Delivery)

Direct Store Delivery

There are a number of advantages offered by using Direct Store Delivery, the most important of which are:

  • Better inventory management, due to the fact that the company representative visits the retailer frequently;
  • Lower costs for labor expenses that include rearranging and marketing products;
  • Low labor cost associated with inventory and warehousing process;
  • Reducing the delivery time and the speed of the product’s transfer to the market, as it is supplied directly to the points of sale.

DSD distribution

When companies follow the policy of dsd, they depend on distributing their products to sales representatives.

The sales department employs a number of delivery workers and distributes them to the areas covered by their products. It also adds a percentage of sales for each representative to stimulate and activate the sales and distribution process.

DSD meaning in retail

As for dsd meaning in retail, it is one of the tools that helps retailers reduce operating costs by avoiding the retailer’s distribution center, so that goods are transported directly from suppliers to the retail store.

This effectively helps reduce time and more costs, thus increasing the retailer’s bottom line, and also gives retailers greater control over their inventory, allowing them to grow their sales easily and quickly.

Direct store delivery software LOGSTIAT

Direct Store Delivery

DSD is a process in which a product is created, stored, and delivered to retailers without the use of an external logistics provider or an intermediary shipping company.

Direct store delivery software helps to complete this process easily and quickly with superior accuracy through delivery management system, as it provides warehousing, routing and other logistics services along with a number of additional features that unify operations across the supply chain, which will help companies in:

  • Improve supply chain visibility.
  • Taking greater ownership of deliveries.
  • Develop more effective communication with customers.

LOGSTIAT can offer you the best direct store delivery software along with a number of other technologies and logistics based on artificial intelligence and the latest technology.

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admin April 21, 2023 0 Comments

Discover new opportunities in the next-generation digital supply chain – Supply Chain 4.0

artificial intelligence and online retail have imposed a new and unimaginable reality a few years ago as our needs are one click away, and today there is the digital supply chain, on-demand consumption has shaped the nature of our lives for a long time, but the outbreak of the Corona virus has turned the nature of consumption upside down Getting food, medicine and even tissue paper the traditional way has become difficult, and in this article we will talk about the digital supply chain and its concept, as well as how the transition to digital supply chain can help you, and what is the impact of supply chain 4.0.

What is the Digital Supply Chain?

The concept of digital supply chain has become one of the most important and popular concepts at the moment. By combining traditional supply chains with new technology, digital supply chain has emerged.

We can define the digital supply chain as the key to the successful operation of all companies or organizations that manufacture or distribute products.

The introduction of new technology into supply chains helps to connect the business with all those involved, from suppliers of raw materials, to distributors of finished products, as well as storage suppliers themselves, and ultimately to the customer.

The digital supply chain can provide many advantages to users, the most important of which are:

  • Understand all network connections, suppliers, inventory control, complex relationships, and potential impacts.
  • Identify opportunities to enhance performance, to be more flexible, and to improve communications with customers or suppliers.
  • Gain a clear vision to ensure sustainable sources of supply.
  • Access and analyze Internet of Things (IoT) data for continuous improvement.
  • Receive alerts when disruptions occur or when service level agreements are at risk.

Impact of Supply Chain 4.0

digital supply chain

Speaking about the impact of Supply Chain 4.0, we will find that the introduction of digitization has helped significantly in increasing the operational efficiency of supply chains, and it is expected that this effect will increase to:

  • Increased operational efficiency by approximately 30%.
  • Operating costs reduced by up to 40%.
  • Reduce lost sales by up to 75%.
  • Visibly increased agility in supply chains.
  • Inventories decreased by up to 75%.

We can clarify each of the points that we presented in the previous part in some detail, as:

Lost sales

This problem occurs when customer service is low and poor, giving customers false promises, or providing customers with false information about the availability of the desired product.

This makes customers very annoyed with this poor service, and they avoid that brand and turn to other companies that offer the same product.

But through Supply Chain 4.0, this problem can be avoided, and the ways of interacting and communicating with customers are improved, as all market information is collected and thus better forecasting.

And all of this will work effectively and help increase the level of service significantly and clearly, and thus reduce the problem of lost sales.

Supply chain costs

Supply chain costs include many elements, primarily transportation, warehousing, and network setup, but with Supply Chain 4.0, supply chain costs can be reduced by up to 30%.

This can be done by applying the latest methods for calculating transportation and storage costs, while trying to meet the required level of service for the customer.

Combined with trying to pair up with the implementation of smart automation and improving productivity in warehousing, all of this will eventually pay off and lower supply chain costs.

Supply chain planning

With the use of Supply Chain 4.0, 90% of supply chain planning tasks can be automated, ensuring better quality compared to tasks performed manually, thus accurately discovering and identifying what the planner needs and thus making appropriate decisions.

Inventory

Keeping track of your inventory is essential to knowing the difference between your supply and demand, and with Supply Chain 4.0 you will be able to reduce the uncertainty about your supply or demand, thus reducing the proportion of unnecessary inventory, and focus on the required inventory. Through inventory management system.

Transformation into a digital supply chain

digital supply chain

A large number of people wonder about the possibility of switching into the digital supply chain, and in fact the transformation into the digital supply chain requires the availability of two main factors, namely:

  • Capacity, as you must build all the capabilities related to digitalization in your organization.
  • Right environment, as you need to provide an innovative environment that matches the new technology.

Therefore, you need to provide a high degree of organization and flexibility, along with one of the technologies and technological systems, based on information technology, which must have a two-speed architecture independent of the old and current systems.

All with the goal of facilitating the transition to the digital supply chain, and thus the ability to work with Supply Chain 4.0 in your organization.

Increasing operational efficiency leveraging Supply Chain 4.0

Supply Chain 4.0 will effectively help increase operational efficiency, through its apparent impact on all areas of supply chain management, as Supply Chain 4.0 has been developed to help make improvements in services provided as well as cost and capital along with greater agility.

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admin April 21, 2023 0 Comments

Use a Perpetual Inventory System for Your Ecommerce

The perpetual inventory system is one of the most important types of inventory systems, which is a method for calculating inventory in which the sale or purchase of inventory is recorded immediately through the use of computerized point-of-sale systems or the entry of orders through business asset management programs, and the advantage of the perpetual inventory system is that it provides a detailed view of changes The incident in stock, with an immediate report on the amount of stock in the warehouse, which accurately reflects the level of available items, all of which positively affects work, productivity, speed of order fulfillment, and thus customer satisfaction, and in this article we will talk about the perpetual inventory system and its advantages and how it works.

What is Perpetual Inventory?

Before talking about the perpetual inventory system, we will first need to know the concept of perpetual inventory, which means:

It is that type of inventory that is continuous on a daily, monthly or annual basis, as it is a process that tracks the real assets of the institution on a permanent basis.

What is a perpetual inventory system?

perpetual inventory

Perpetual Inventory System is the system whereby every movement that takes place on a continuous basis on the stock of withdrawing or adding, goods in process and cost of goods sold is processed on a daily basis.

The perpetual inventory system allows real-time tracking of sales and inventory levels of individual items, helping to avoid shortages.

How does the perpetual inventory system work?

As for how the perpetual inventory system works, it basically works by updating the inventory base permanently. This method is one of the most accurate and effective ways to calculate inventory.

The following is how the perpetual inventory system works:

  1. Updating stock levels through point of sale systems. After an item is sold, the stock management systems associated with the point of sale system deducts that item from the total stock and records the process.
  2. Update the cost of the goods that have been sold, and this process is done when any item is sold.
  3. Frequently adjusting reorder points, based on historical data, in order to maintain inventory at an optimum level at all times.
  4. Create purchase orders automatically, when an item reaches its reorder point, and then create this order and send it to the same supplier automatically without any human intervention.
  5. The last step in the mechanism of the perpetual inventory system is to check the received products in stock, where the products are checked through warehouse management programs, and all these updates appear in the inventory management dashboard and displayed on all sales channels.

What are the advantages of a perpetual inventory system?

There are a number of advantages that the perpetual inventory system provides to users, and the following are the most important of those advantages:

  • Provide managers with relevant statistics on the company’s status and inventory in a timely manner.
  • Provide all information about the amount of cost of goods sold and the balance of the inventory account at any time, and this information is very important to improve purchasing policy and prepare short-term financial statements.
  • Maintain greater control over physical inventories by comparing actual balance with ledger records.
  • Detect without delay any problem before it becomes giant such as theft, damage or leakage of inventory.
  • Prevent out of stock situations or a shortage of stock that the product is out of stock.
  • Provide management with a more accurate understanding of customer preferences.
  • Allow management to centralize the inventory management software to multiple locations.
  • Provide greater accuracy of inventory as each item is recorded separately in the general ledger.
  • Reduce physical inventories.

When Would You Use a Perpetual Inventory System?

perpetual inventory

As for the reason why companies use the system, it is in fact due to the advantages of this system for companies, especially e-commerce companies, this system provides an accurate view and immediate analysis of inventory levels, away from the manual processes of the inventory system, because the perpetual inventory system is available It has automation system, which saves time and costs significantly.

Is It Necessary to Take a Physical Inventory When Using the Perpetual Inventory System?

In the end, we would like to point out the importance of periodically conducting a physical inventory, in order to test the accuracy of these permanent records, and the physical inventory will help in identifying cases of inventory shortage or shrinkage.

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admin April 21, 2023 0 Comments

A Guide to Optimizing Inbound and Outbound Logistics

And every company needs to know the differences between inbound and outbound logistics, and although they refer to different meanings, in the world of logistics they refer to the difference between receiving and sending in logistics operations, and any supply chain management strategy needs to work inbound and outbound logistics properly , which will help the company achieve many advantages, the most important of which is providing new products for sale, processing returns, as well as the ability to ship parcels, to customers on time, and in this article we will talk about all the details about inbound and outbound logistics.

What is inbound and outbound logistics?

Inbound and outbound logistics are one of the most common operations in transporting goods through the retail supply chain, and each of them has a similar nature, because in the retail supply chain, the items are transported through the different channels of distribution, and the following are meant for each of them:

Inbound logistics

It includes all incoming logistics, the movement of raw materials as well as finished goods and supplies from a manufacturer or distribution channel to a warehouse or retail store, according to the same business model.

Outbound logistics

It is unlike inbound logistics, where it is related to the movement of final products to the end user or end user, as it starts at the distribution center and then gets delivered to its final destination.

What are the Differences between Inbound and Outbound Logistics?

inbound and outbound logistics

Of course, both inbound and outbound logistics differ, and the main difference between them is the entity or person who receives the items or products. The following are the most important differences between inbound and outbound logistics:

Inbound logistics receives the items from the supplier to the warehouse, in which resources are managed, sources are identified and warehouses are received.

And the contact points are as follows:

  • Product owner or manufacturer => the retailer or any third party logistics company.

As for outbound logistics, it includes the delivery of the final items to the end user or shipping orders to the end user.

And the contact points are as follows:

  • Retailer or any third party logistics company => End User or Customer

How to optimize your inbound and outbound logistics

There is more than one way in which you can optimize inbound and outbound logistics, and the following are the most effective ways that rely on technology and the latest technologies in the world of logistics:

1. Build strong customer relationships through last mile delivery

Having strong relationships with customers or clients will help you grow your business significantly.

And you can use last mile delivery and enjoy more expansion and business opportunities, and LOGSTIAT technologies can provide you with the best last mile delivery.

in addition to its other distinguished services, this will help you optimize inbound and outbound logistics In addition to strengthening your relationship with your customers:

  • First Mile, LOGSTIAT have a special technology to receive your shipments and within one click.
  • Last Mile, LOGSTIAT is cooperating with all professional shipping companies that will meet the needs of customers.
  • Storage, LOGSTIAT provides you all the space your products need without overcharging and with an economical plan.
  • Orders Processing, If you are suffering from previous companies that waste your stock, ship more than one product in one shipment.
  • Technology, LOGSTIAT is the first company that designed an intelligent system to deal with all the customer issues.
  • RTC, All LOGSTIAT Technology are designed to manage the requirements for our customers and shipping partners.
  • API, LOGSTIAT allow you to API your E-commerce platforms with its system to transfer order information automatically.

2. Tools utilized by both Inbound and Outbound Logistics

inbound and outbound logistics

There are a number of tools that are used in both Inbound and Outbound Logistics, as well as warehouse management systems that can help you improve that process.

LOGSTIAT delivery technologies and systems can help you achieve many benefits for your organization and the satisfaction of your customers as well

As LOGSTIAT can provide you a great Delivery Management Software that:

  • COD & RTO MANAGEMENT that can collect the cash from the drivers on a daily basis and more…
  • Special system to manage missing & damage orders from the Last Mile drivers.
  • Client Dashboard with Unlimited dashboard for each client and multi technology for Support & Account Manager.
  • Scheduling Technology with More than 4 channels for scheduling the orders.
  • COD & Finance System that you can set the rate for the order per client and upload your bank transfer & save in LOGSTIAT system.
  • Operations & Warehouses Management, 8 filters available to manage all of your team & warehouses.
  • Route optimization with managing & delivering the orders based on the priority and Proof of delivery.

3. Try to reduce your inventory costs

As your business grows and expands, so does your inventory costs, so always try to maintain the right inventory for the level of demand,

Thus keeping your inventory costs going up and this in turn will optimize your inbound and outbound logistics.

4. Consider partnering with a 3PL

Especially being in possession of the technology that keeps you informed of everything that is happening around you,

And LOGSTIAT can help you in many inbound and outbound logistics processes., especially for e-store owners.

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admin April 21, 2023 0 Comments

Same day delivery challenges and how to overcome them

Same day delivery With the huge competition between retailers, and the large number of electronic stores that offer almost the same products, retailers are facing more difficult problems, as they need to provide more ideas and advantages that push consumers to buy from them without others, Customers always want to get their products as soon as possible, but the same day delivery process is not easy, but its implementation is difficult as well as many challenges, and in this article we will learn together what is meant by same-day delivery, and what are the most important updates You are facing and how to overcome same-day delivery challenges.

What is same day delivery?

Individuals prefer to deal with electronic stores that are able to provide the same day delivery service, and the purpose of delivery at the same time is to prepare the item or product requested by the customer,

And then prepare and ship it to the customer on the same day of the order directly, and this requires speed and accuracy in selecting the order or the required item.

The demand growing up for same day deliveries

same day delivery

There is a significant and noticeable increase on the same day delivery, because it is one of the ways that will satisfy customers’ desires and make them more satisfied with the service provided,

Which will ensure their continued interaction with the online store, and will also give the online store itself greater sales and thus more profits.

And the following are a number of reasons behind the increasing demand for same day delivery:

  • Customers are cashing in on retailers who are late in delivering orders.
  • Consumers are abandoning shopping carts when fulfillment is not fast enough
  • Same day delivery helps increase conversion, as it reduces clicks on those ads for products that include same day delivery.
  • Customers avoid online stores where product delivery is slow or not fast.

All this makes express delivery or same day delivery one of the most important strategies that every company or online store must follow,

And that in order to increase its sales and be able to compete effectively with others and maintain its market share.

you may need to know : Direct Store Delivery and its importance for retailers

Same day delivery challenges

Same-day delivery faces a number of challenges. Despite its great benefits and advantages for retailers and e-stores, there are major challenges that make implementing it difficult.

And the following are the most important of those challenges:

  • The long distance for customers and therefore the shipping process takes a very long time.
  • High cost of same day delivery.
  • Difficulty tracking and seeing orders that will be delivered on the same day

How to overcome same day delivery challenges

same day delivery

The speed of delivery is the most preferred feature of the customers that makes them regular customers of the online store.

LOGSTIAT technology solutions can help you implement the same-day delivery feature, as it has a set of modern tools. through delivery management system.

It can also provide you with drivers App which enables it to manage its shipments, the nearest and the nearest, with the feature of locating tracks on the maps for each shipment.

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admin April 21, 2023 0 Comments

ABC Analysis in Inventory Management: Best Practices and how to do it?

ABC analysis is one of the common and effective methods that are used in inventory management, through which the value of inventory items is determined based on the importance of each item. It is one of the important ways in any organization or company to classify its stock and determine its value. In this article, we will show you all the details about ABC analysis, what its importance is and why we use it. We will also show the most common practices using ABC analysis.

Performing an ABC analysis

The ABC analysis method is derived from the Pareto principle, and it means the method that enables the classification of companies’ stocks of goods and raw materials,

Then arrange them according to the impact they have in terms of the cost of storing them, and determine their importance accordingly.

And through the method of ABC analysis, as we have indicated, the products are classified into three categories, where:

  • Category A: High value goods, including 20% ​​of stock products that generate 80% of total revenue, and this category is of great interest to the company.
  • Category B: Medium value merchandise, comprises 30% of products in stock, generates 15% of revenue, and receives medium business interest.
  • Category C: Low value goods, representing 50% of the stored products, and generating returns of not less than 5% of total revenue, and the company attaches less importance than the previous categories.

What is ABC Analysis in Inventory Management?

abc analysis

ABC Analysis in Inventory Management determines the value of items in inventory according to the importance of each item, and is classified specifically when there are orders, whereby inventory managers collect all items in specific categories according to previous criteria.

ABC analysis helps companies and organizations understand which products or components are the most successful and which are most important at the same time, and that will contribute to the success of the company’s or organization’s financial system.

According to ABC analysis, the most important categories are A, followed by B, and the least important ones. This is what we talked about in the definition of ABC analysis in the previous part.

Why Use ABC Analysis?

You may be wondering, why use ABC analysis, but in fact this method helps to better control your inventory and helps in managing capital costs effectively, which enhances the inventory turnover rate.

The following are the most important benefits that can accrue to you from using the ABC analysis method:

1. Inventory optimization further

This is done by analyzing the products that the company needs, and thus using the spaces in the warehouses as required to store the goods in them.

2. Improved Inventory Forecasting

Through ABC analysis, it is possible to easily monitor and collect data about products that require a large demand from customers, and this will lead to more accurate sales forecasting.

3. Improve profitability

ABC analysis contributes to a reasonable increase in sales, by increasing the demand for a particular item, and all this will improve the company’s profitability significantly.

4. Strategic resource allocation

Your resources can be continually evaluated through the use of ABC analysis, thus ensuring that Class A items match the customer’s demand.

5. Provide better customer service

ABC analysis helps identify the most profitable elements for your company and then provide better levels of service for those elements, all of which will clearly contribute to customer satisfaction.

6. Better product lifecycle management

Properly predicting demand and stock levels through ABC analysis will help you better manage the life cycle of your products.

7. Control of high cost items

ABC analysis helps you prioritize demand control and maintain good stock levels, so there is always enough product available.

8. Improve inventory turnover

ABC analysis maintains inventory turnover at appropriate levels through inventory control and data collection.

9. Reduce inventory costs

ABC analysis gives you the right percentage of inventory based on A, B or C classes, so you can reduce inventory moving costs.

10. Simplify supply chain management

ABC analysis of inventory data enables you to determine when to consolidate suppliers or switch to just one supplier to reduce costs and streamline operations.

How is ABC analysis done?

As for the way ABC analysis works, it generally begins with identifying the goal that your company is trying to reach, and then collects the necessary information for classification.

After classification is appropriate, decisions are made according to that data, and the following are the steps of the ABC analysis:

  1. Determine the goal, and either reduce purchasing costs or increase your cash flow, by improving inventory levels according to your production or sales ratios.
  2. Data collection, in which it is explained collecting all the data you need regarding the determination of the total and weighted cost and the gross profit margin.
  3. Sorting the data, after collecting the data, the ABC analysis formula is used to arrange the demand for inventory according to cost, in descending order.
  4. Calculate the effect of sales. In this step, the effect of sales is calculated for each item in the inventory as a percentage.
  5. Sort items into purchase categories, in this step, your items are sorted after selecting the different categories. This step is important because it can help you ensure more A-class items are available in your inventory.
  6. Categories of Analysis after completing the previous steps of defining categories and managing costs, a number of reviews are scheduled that will help you determine the success or failure of the decisions made.

How to Implement ABC Inventory Management challenges

In order to know what is the best way to implement ABC inventory management you will first need to check whether the ABC analysis will be appropriate for your business.

LOGSTIAT Advanced Inventory Management Systems can help you with this, as it has a powerful and efficient Inventory Management System which can help you in:

  • Managing multiple shelving and storage locations.
  • Set and change product locations.
  • Print the list of pick-up, preparation, packaging and then deportation to the shipping companies.
  • View all requests received from all channels
  • Create, view, search and edit orders.
  • Returns management.
  • Track orders (and associated inventory) and shipping.
  • Inform the customer about shipping updates directly.
  • View and manage customer information.

Common practices based on ABC analysis

abc analysis

best practices emphasize consistency, sales, and attention to events that may affect inventory levels or value.

Using technology to manage inventory is a best practice that simplifies the process from start to finish, the following are the common practices based on ABC analysis

1. Simplify categories

The simplicity of categorizing items makes them easy to move, and you can follow the method of placing the most expensive items in Class A, the average price in Class B and the least expensive in Class C.

2. Set work and service levels at the same time

It is one of the most common practices that will help you assign service levels based on the item category itself, this will ensure a more regular cycle count of critical items first.

3. Segmentation of KPIs by Category

Another important and common practice in ABC analysis is to try to create distinct KPIs, and create reports and dashboards that match each of your categories.

4. Create performance reviews

You can also use performance reviews when performing complete inventory maintenance, it is one of the effective and common practices of ABC analysis.

5. Inventory when moving

In the event that your inventory moves between locations, keep track of the time that elapsed between the date of shipment and the date of receipt, this will help you to obtain accurate inventory records that ensure that damage or loss is recorded.

6. Purposeful reclassification

Another common practice in this analysis is flexibility in classifying items, as sometimes you will need to reclassify inventory periodically due to market changes.

7. Leverage the technology and the data generated

Try to use the data to manage lead times and plan the demand, it is the most important and also successful practice in ABC analysis

Using ABC Analysis for Cycle Counting

can be used to calculate the cycle, especially since this type of analysis guarantees a larger number of important items of high volume.

Cycle counting also provides several controls that ensure accurate inventory records in the inventory management system itself.

It is also possible through ABC analysis to schedule regular cycle counting through classification.

And this will provide you with a more regular cycle counting for the items of category A, which have the greatest and most important impact on sales performance than other categories

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admin April 21, 2023 0 Comments

Increase ecommerce sales and grow your business

Whatever field you are active in and whatever type of products you sell, there is no doubt that you have many competitors, owners of electronic stores who seek to increase ecommerce sales and attract more buyers, so in this competitive climate, e-store owners who want to In increase ecommerce sales, make double efforts to differentiate yourself from them and to outperform them. In this article, we will show you the best ways to increase ecommerce sales and grow your business.

Increase ecommerce sales

There is no more important goal than the strategies of increasing ecommerce sales that all entrepreneurs and brand owners seek.

In any case, knowing how to increase ecommerce sales for your brand online is an important step to expand your business and earn more profits.

But before getting to know the best plan to increase your ecommerce sales, it is necessary to know the reasons that can cause a loss in sales.

Perhaps this is the best and most effective way to improve ecommerce sales, as it addresses the problems and causes that lead to lost sales, compared to implementing any of the strategies and ways to increase ecommerce sales.

Amazon ecommerce revenue

increase ecommerce sales

Amazon is one of the best digital companies that is required in the e-commerce business, especially since during the crisis of the epidemic and the Coronavirus, Net was able to continue to work and face the matter without any serious losses.

Amazon reported net sales of $108518 billion in the first quarter of 2021, which indicates an increase of up to 44% from last year’s sales.

Perhaps one of the most important reasons for its success is its focus on customer service first, which makes Amazon consistently outperform other retailers.

In a case study of Amazon e-commerce sales, it was demonstrated that the big factor behind its increased sales is its interest in customers and the efficient use of digital marketing strategies.

Smart ways to increase ecommerce sales

Reliance on ecommerce is increasing day by day, as technological development has made the shopping process completely different from what it was in the past.

Everyone can get what they want from anywhere in the world with the click of a button, so today’s business owners are interested in creating online stores to keep pace with the times and achieve higher sales rates.

Smart ways to increase your ecommerce sales, here are some of the most important ways that will help you effectively in increasing your ecommerce sales:

1. Boost ecommerce

Studies have proven that the e-commerce sector is witnessing distinct levels of continuous growth, and it will continue to do so during the coming period, due to the demand of the technologically savvy youth segment on e-shopping.

One of the smartest ways that can help you increase ecommerce sales is to boost and pay attention to them, as shopping on mobile devices, PCs, tablets and connected devices has become a big part of our daily lives.

2. Introduce new products or service

Introducing new products and services to customers is important to increasing your e-commerce sales, as customers are always waiting for new products and services.

The higher and diversified the products and services you provide, the greater your chance to attract customers, market and product management, and thus more ecommerce sales.

3. Expand to new domestic markets

The third best smart way to increase your ecommerce sales is to try to enter new local markets, i.e. expand your business in the local markets that appear.

New local markets often have a huge base of shoppers that you can target for your brand and visit your ecommerce sales.

4. Focus on the existing customers

increase ecommerce sales

Many online store owners think that attracting new customers is the only thing they can do to increase their online sales.

This is a misconception, as maintaining an existing customer base is extremely important which will help you increase ecommerce sales significantly.

Existing customers who trust your product or services will tell others about your brand and thus promote your product better without any additional costs.

Here are a number of ways that can effectively help you maintain and focus on existing customers:

  • Offer them special promotions and make them feel special.
  • Providing exclusive surprises and discounts for them.
  • Send newsletters about your new products before showing them to other customers, this increases their sense of distinction and loyalty to your store.
  • Interested in hearing their reviews and opinions about their experience with your store.

5. Get the time done through inventory and delivery management systems

One of the other best ways you can increase your e-commerce sales is to try to deliver products on schedule.

You can do this through the use of inventory and delivery management system, which will greatly increase customer satisfaction, and you can use the services provided by LOGSTIAT in this matter.

As LOGSTIAT provides you with a group of the best services for delivery and inventory management system, which will greatly enhance your efficiency and productivity.

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admin April 21, 2023 0 Comments
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