eCommerce, or electronic commerce, consists of the buying and selling of products or services over the Internet.
How to keep track of inventory and sales is a subject many distributors, sellers, and manufacturers ponder every day. A sudden influx of orders, the need to fulfill orders quickly, a desire to maintain consistent inventory accuracy, and a number of other challenges can all leave you wondering how to keep track of inventory. Acctivate…
Over the last decade, eCommerce has become more and more prevalent worldwide. By 2021, global eCommerce retail (B2C) sales are projected to reach 4.8 trillion dollars and U.S. B2B eCommerce sales are projected to reach 1.2 trillion dollars, according to Statista. With eCommerce sales projected into the trillions, there isn’t much doubt about how lucrative…
As a small business, you may feel you don’t have the right resources or enough time to manage inventory. However, with these five practices, you can ensure efficient inventory management for your business. My accounting knowledge has been a great compliment for my role in implementation of inventory management software. Because I took managerial accounting…