Blogs

Businesses with 95% or higher inventory accuracy experience 30% fewer stockouts and a 25% improvement in order fulfillment rates.  While businesses with low inventory accuracy lose millions in lost sales, expedited shipping fees, and damaged customer relationships every year. Inventory accuracy – the alignment between your digital records and physical stock – directly impacts your...

To solve the costly balancing act between stocking top-selling products and holding slow-moving inventory, focus on efficient inventory replenishment. That’s what you might have been told, but yet, do you know where to start? If so, then let this comprehensive guide be your starting point. From discovering the 5 core replenishment methods to step-by-step calculation...

30% to 40% of warehouse stock in many businesses remains unmoved for over 90 days. Those idle items are silently tying up thousands of dollars in working capital and taking up square meters of valuable storage space. This is a reality for many businesses, yet most leaders lack a clear way to spot and manage...

With 73% of consumers now shopping across multiple channels before making a purchase, the disconnect between online and offline inventory has become a critical business challenge. Recent retail trends show that 67% of customers abandon their purchase when items appear unavailable online despite being in stock at nearby stores, costing retailers millions in lost sales...

Think of it when our biggest customer places an urgent order on Friday afternoon, but your team can’t tell them when it’ll ship because nobody knows exactly what’s in stock or where it’s located. Sound familiar? This inventory blindness costs businesses millions in lost sales, excess inventory, and damaged customer relationships every year. Inventory visibility...

Have you ever finished an IT outsourcing project only to realize that the handover process was more challenging than expected? Even the most meticulously executed projects can stumble during the handover phase, leading to confusion, delays, and missed opportunities.  The difference between a smooth transition and a chaotic one often lies in a well-crafted project...

It is a fact that inventory cost is always perceived as a hidden drain on profitability rather than a growth driver. Surely, a certain number of businesses across Asia have shared the same thought. However, in the current business competition, where every aspect accumulates your advantages, giving up and accepting it is never sensible. Instead,...

Not long ago, AUTOSAR was mostly the domain of embedded software teams. Today, it’s a strategic pillar for OEMs, Tier-1 suppliers, and software leaders navigating the shift to software-defined vehicles (SDVs). Designed to deliver both standardization and scalability, AUTOSAR now sits at the heart of modern automotive software architectures. But adopting AUTOSAR is only the...

Did you know that acquiring a new customer can be anywhere from 5 to 25 times more expensive than retaining an existing one? In today’s competitive market, turning a one-time buyer into a lifelong fan isn’t just nice – it’s essential. However, traditional punch cards and basic discount coupons no longer suffice in our digital-first...

Numbers can tell a compelling story. Acquiring a new customer costs 5 to 7 times more than retaining an existing one, making retail loyalty a far more cost-effective and profitable strategy. Moreover, loyal customers spend on average 67% more than new customers, emphasizing the financial impact of fostering long-term relationships over short-term sales. Customer retention...