The global business-to-business (B2B) eCommerce market is set to double by 2023, and the B2B market is estimated to be around $13 trillion. As businesses look for ways to streamline their processes and increase revenue, the growth of B2B eCommerce platforms is becoming increasingly important. To help your business grow, here is a list of the 10 best B2B eCommerce websites where companies go to source their products.
The global market has changed due to the recent expansion of the e-commerce sector. The demands and expectations of consumers are changing as digital markets expand. They are seeking options for speedy and inexpensive delivery right now. Many businesses, big brands, and small stores are using online platforms that provide same-day delivery to speed up delivery. Offering a same-day service has several drawbacks, not the least of which is how expensive it is to run. This, however, does not offer a solution to the high same-day operational costs.
Today, every business must prioritize last-minute delivery because it can significantly affect customer happiness and loyalty. With better logistics, everyone will have a better overall customer experience and company profitability, from large multinational corporations to small-scale online retailers.
The terminology in eCommerce can be confusing. Some facilities appear to carry out the same function but are called different things. Two locations, in particular, are easily confused; the distribution center and the fulfillment center. Both are essentially warehouses but fulfill different roles in the supply chain. Here we examine the important differences between these two vital elements of modern logistics.
Logistics terminology is quite confusing for anyone who understands layman’s language. There are distinct parties involved in logistics, i.e. Party Logistics. The numbers in this regard begin from 1PL to 5PL. We are providing a simple overview of 1PL to 5PL for proper clarification of these terms. Please check out the forth-given definition of all 5 five terms-
Now that you are clear about the party logistics, it is easier for you to dig deeper into understanding the functionality of 3PL and 4PL. In the next step, we will get well-versed with full-fledged knowledge of 3PL logistics service.
GPS (Global Positioning System) technology represents one of the most innovative advances of our time. More and more fleets worldwide will be using it for driving directions and vehicle monitoring in the coming years.
Using GPS tracking devices makes it easy to track anything you’re interested in, whether a car, truck, drone, suitcase, cell phone, boat, or anything else.
A few decades ago, tracking shipping containers was a semi-accurate process. In the beginning, we mainly used GPS for tracking. It was impossible to monitor where your shipments went after they left the port in most cases. But now, it's easy to locate your shipments by using of GPS tracking system.
Even though most organizations have visibility issues in their supply chains, many still have concerns about smart container tracking.
Keep reading as I will discuss how to track your shipments with GPS, discover its uses in business, and why you need to track your shipments. Have a look!
Logistics companies are constantly trying to optimize their supply chain. Inventory optimization (IO) is one of the most important parts of that process. IO can be defined as "the act or process of identifying and reducing waste in the inventory system."
Inventory optimization is one of the critical concepts in logistics. This process makes the best possible inventory configuration, considering trade-offs between costs and benefits. It can be achieved using mathematical programming, simulation or network analysis. The main goal of this process is to reduce costs and increase efficiency, safety, customer service level, and so on.
Inventory optimization can be applied at any stage of the supply chain - from raw materials' procurement, through production, distribution and retailing. Many algorithms can optimize inventory, including order lot sizing, safety stocks, lead time reduction, and more.
In a world of fast-moving information, especially in the world of international trade, it is difficult to keep up with all the news.
That's why DocShipper has put together a selection of current news summaries on different types of freight, supply chain innovations and world news so that you don't miss any more.
Third party logistics services have changed the way e-commerce businesses operate. Thanks to fast and efficient delivery services, they can help online merchants grow their business and complete all their order fulfillment tasks on time. However, as a 3rd party logistics service provider, streamlining all the information and managing every detail can be overwhelming. With the advent of 3PL software solutions, you can get all the details at your fingertips and save your company time and money. Keep reading to learn about what 3PL companies do and how logistics management software can help you stay on top of the supply chain.
eCommerce is booming with time! Over the years, on observation eCommerce is more about convenience and choice. Renowned freight companies offer preferred shipping methods & multi-courier shipping solutions to their potential customers. Shipping products successfully is an integral part of customer satisfaction. Clients like to receive their goods quickly, safely, and in perfect condition.
There are various modes of transporting cargo and other goods such as air, land, or water. All these three modes of shipping play a vital role in boosting the economy. Depending upon the benefits of each one, you can make a well-informed decision. In this article, here we discuss some common shipping terms, carriers, popular methods, drop ship service and fulfillment solutions.
Due to the global pandemic (COVID-19), the supply chain and logistics were the affected sectors back in 2020. Companies have been forced to search for new strategies and enhancements to adapt to the customers' sudden change of behaviour. All this is due to the domination of e-commerce and online purchase, which made them unable to resist the technology and to enhance their digital supply chain management and business performance.
This did generate the appearance of new technological trends that would have an impact on the supply chain in the upcoming years.
This article will present to you the different supply technological trends that are currently taking over in 2021 that will help it shape up and increase efficiency according to Gartner.
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