Author: Michelle Williams

If the rapid growth of the e-commerce industry has taught us anything, it’s that consumer demand can fluctuate wildly for even the simplest of reasons, throwing off your inventory forecasting.

“We demanded the best contract in the history of UPS, and we got it.” Those are the words of Teamsters General President Sean M. O’Brien in a recent release announcing the historic UPS contract agreement.

When it comes to inventory planning, there is no such thing as one-size-fits-all. With more brands selling on more channels, omnichannel commerce is here to stay. But is your inventory planning capable of keeping up?

After years of investing billions of dollars into its own logistics, Shopify has decided it’s time to hand over the reins. Last month, the mega e-commerce platform sold the majority of its logistics operations to key partner, Flexport.

Whether you’re scaling an existing wholesale channel or just starting to accept wholesale orders, inventory management can get tricky — especially as your business grows. Even if you have the most organized system for tracking your retail inventory, wholesale inventory requires deeper insights into customer data and product availability.