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Numerous obstacles can get in the way of a retailer’s cash flow management: seasonal spikes and dips in demand, inventory management needs, payment processing inefficiencies, cash reserve complications. While 62% of retailers say they’re comfortable with their cash flow, this is lower than other...
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Driven by supply chain disruptions and the meteoric rise of e-commerce, the warehousing and wholesale business landscape has undergone a rapid transformation in recent years. In this era of unprecedented challenges, business owners face a pivotal decision: invest in expanding physical infrastructure...
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Harnessing AI in logistics management isn't just futuristic – it's a game-changer for your bottom line. Discover how predictive analytics, automation, and smart decision-making can revolutionize your operations and drive growth. Logistics management has long been one of the most important challenges...
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Retail technology trends are changing more rapidly than ever before. The COVID-19 pandemic alone launched a wave of new business practices, such as contactless payment and in-store pick-up, while also pushing retailers to focus more closely on their eCommerce strategies. For retail business owners...
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Wondering how to adapt wholesale inventory management strategies in the face of supply chain challenges? Here, we consider some valuable insights on navigating these evolving dynamics, focusing on resiliency in uncertain times. The supply chain has been a rollercoaster ride these past few years...
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Anybody can make money in a thriving economy—but can they maintain profits during an economic downturn? As a small business owner, worries of an economic downturn might keep you up at night. Do you have enough cash on hand to cover your bills? Will next quarter’s product launch fall short of...
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In the complex and fast-paced modern business world, you need an advanced set of treasury solutions to keep your information secure, increase your operational efficiency, and improve your cash flow. Read more on how treasury solutions can help improve your productivity and simplify workflow. In the...
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The Cash Conversion Cycle (CCC) measures how much time it takes for your business to convert inventory or other resources into cash from sales. Creating efficiencies with the CCC is one way to increase working capital without generating additional revenue. There are three important factors that...
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Inflation has had a significant impact on businesses and this can lead to a financial stress. However, it is possible for businesses to increase buyer traffic and boost sales even in times of market chaos by employing strategic product and service bundling. Read more here. To combat inflation and...
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When operating a successful business, understanding what impacts cash flow within your organization is key. Below are several areas to help monitor your cash flow, and provide guidance on how to fix issues over time. By considering the following, you will be able to respond to changes in a timely...
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Is just-in-time manufacturing entirely to blame for the shipping crisis and ongoing supply chain issues? Experts seem torn on the matter. Ailing after World War II, Japan set its sights on rebuilding its industry sector with some help from its friends in the West. For the next 30 years, they...
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When it comes to supply chain sourcing, the goal is to move products as quickly and efficiently as possible. Reevaluating current supply chain trends creates a domino effect for business owners. They'll need to adjust cash flow, cash reserves, and their overall balance sheet to accommodate increased...