Tech Tips

Dropshipping is a business model that allows entrepreneurs to start an online business and sell products to their buyers without ever actually stocking the items themselves. Instead, when a dropshipping store sells a product, it purchases the item from a third party and has it shipped directly to the customer. WHAT IS DROPSHIPPING? Dropshipping is a type of business model which enables a company to operate without maintaining inventory, owning a warehouse to store their products, or even having to ship their products to their customers themselves. How it works is that the retailer partners up with a dropship supplier that manufactures and/or warehouses products, packages the products, and ships them directly to the retailer’s customer, on the retailer’s behalf. In simpler terms, this is how dropshipping works: The customer places an order for a product on the retailer’s online store. The retailer automatically or manually forwards the order and customer details to the dropshi...

Take a look inside the supply chain management and logistics techniques that made Coca-Cola the soft drink giant it is today. The Coca-Cola Company is one of the biggest retailers, manufacturers, and marketers of non-alcoholic beverages in the world. The company currently offers more than 500 brands in over 200 countries, selling an estimated 1.6 billion servings daily. In addition to its flagship product, Coca-Cola, the Coca-Cola Company also markets other popular brands, such as Fanta, Sprite, Dasani, and Powerade. Read more Coca-Cola Supply Chain Management Success Story https://supplychainminded.com/coca-cola-supply-chain-management-success-story/

Supply chain management is an overarching concept that links together multiple processes to achieve competitive advantage, while logistics refers to the movement, storage, and flow of goods, services and information within the overall supply chain. he quickest distinction to make is that supply chains are responsible for the overall sourcing, processing, and delivery of goods to the end customer, while logistics specifically focuses on moving and storing goods between different supply chain organizations

Wholesale business - or B2B business - isn’t discussed very much because it doesn’t deal directly with consumers. Because of this, wholesale businesses aren’t given much importance. But the reality is, these companies are the backbone of the retail industry. Manufacturers are beginning to use online shopping as a means of getting their products to their targeted clients. Most of them are spending lots of resources when trying to set up online stores. The good news for them is that there are certain e-commerce platforms they can use to get started with online retail. Check out our M2R platform! We’re an e-commerce M2R marketplace that connects global buyers with quality, audited Chinese suppliers. You're invited to join as Crov Retail Partner (CRP) https://crov.my/index.php?route=account/register&referralcode=tm6lWG