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Nat Libby

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What Is Vendor Managed Inventory? - Linnworks Inventory Management

Nat Libby | June 10, 2019 | Comments

The bigger your business gets, the tougher it can be to stay on top of everything. One of the last things you’ll want to be concentrating on are inventory levels and product reordering.

Fortunately, a vendor managed inventory strategy can go a long way in maintaining a steady stream of inventory and ensure that your products are always in stock.

So, what exactly is vendor managed inventory? How can you convince your suppliers to take on the responsibility of maintaining their inventory in your store? What are the advantages and disadvantages to a VMI solution?

In this article, we shine a spotlight on vendor managed inventory and discuss its pros and cons so that you can decide whether or not it fits in with your business and strategy. 

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Topics: Inventory Management

Selling On Shopify: Tips To Grow Your Online Store

Nat Libby | June 7, 2019 | Comments

Shopify is one of the best eCommerce platforms to host and grow your online store.

In fact, when it comes to selling on Shopify, most business owners find that it is one of the simplest and least headache-inducing ways to promote and sell products online.

So, how can you ensure your Shopify store is set up for success?

In this article, we take a close look at the leading eCommerce platform and give you five tips to help you sell more on Shopify.

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Topics: eCommerce Platforms

5 eCommerce Trends (For 2020)

Nat Libby | May 15, 2019 | Comments

As an online business owner, it’s important to stay up to date with the latest trends that are shaping the future of eCommerce. 

That’s why we’ve compiled together research from some of the latest industry reports to help you decide on the direction of your retail company. 

Using online shopping statistics from several recent reports, this article shines a spotlight on five eCommerce trends that are taking centre stage in the online retail world today.

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Topics: Business Growth, eCommerce Statistics

How To Reduce Your Inventory Carrying Costs

Nat Libby | May 14, 2019 | Comments

As an online retailer, you’ll know that your inventory represents a large portion of your assets. That’s why you need to understand your true cost of inventory, so that you can reduce your carrying costs and improve your profitability.

In fact, many business owners don’t realise the cost of carrying excess inventory – striking the balance between stocking just enough items can be challenging at the best of times.

In this article, we discuss what carrying costs are, with examples of common holding costs experienced by retailers.

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Selling In Mexico: The Top Mexican Marketplaces To Sell On

Nat Libby | May 9, 2019 | Comments

Home to 122.3 million people, with a strong middle class emerging with more disposable income than previous generations, Mexico is a great market to consider selling in.

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Topics: Online Marketplaces