Preparing for a New System: How Slowing Down Can Speed You Up
“Slow in, fast out” is a tactic race car drivers use when navigating tight corners. They maintain control by easing off the accelerator on their approach, allowing for a smoother and faster exit. The same philosophy applies to implementing a new system, especially for ecommerce inventory management. Adopting a thoughtful approach, setting clear objectives, and…
ICYMI: Preparing for Black Friday Cyber Monday
Black Friday and Cyber Monday (BFCM) are the ultimate tentpole events for ecommerce sellers, but success doesn’t come without preparation. During a recent webinar, industry experts Richie (Levanta), Ali (Trellis), and Samantha (Finale Inventory) joined forces to share actionable insights on how sellers can thrive this holiday season. Whether optimizing pricing, managing inventory, or strategizing…
5 Ways to Get Paid Faster: Streamlining Your Cash Flow
In today’s fast-paced business environment, maintaining a healthy cash flow is crucial for success. Delayed payments can hinder growth, strain relationships with suppliers, and create unnecessary stress. Let’s explore five strategies to accelerate your payment collection process by 20%-80%1 and improve your financial health. 1. Implement Accounts Receivable (AR) Automation One of the most impactful…
E-commerce Expert Insights: Q4 2024
The upcoming Q4 holiday shopping season is set to be one of the most lucrative and unpredictable yet. With a perfect storm of factors in play—ranging from shifting consumer habits and economic pressures to supply chain hiccups—this season will be anything but predictable. For e-commerce sellers, it’s not just about riding the holiday wave, but…
The Ultimate Ecommerce Cheat Sheet [Free PDF]
Download this free PDF to kickstart your ecommerce business. Learn how poor tracking and multi-channel sales can hurt your ecommerce success. Download this free ecommerce cheat sheet for solutions to learn about ecommerce KPIs, acronyms, and metrics.
Post-Prime Day 2024: 7 Tips for Businesses
Prime Day 2024 shattered records, with $14.2 billion in online sales. Mobile shopping surged, driving nearly half of all purchases. Learn how to leverage these trends and your Prime Day data to excel in upcoming Q4 sales events, manage inventory effectively, and enhance customer satisfaction.
5 Essential Shopify Apps for Faster E-Commerce Growth
Navigating the Complexities of a Growing Shopify Store As your Shopify store progresses from a startup to a thriving business, you’ll encounter new challenges that can complicate your operations. These challenges include managing increasingly complex inventory, expanding your product catalog, and managing customer experience and retention. Adopting the right Shopify app tech stack is essential…
How to Prevent Oversolds and Stockouts
Have you ever shopped online and clicked “Add To Cart” only to be met with a dreaded “out of stock”? While this is a frustrating experience for customers, the frustration is doubled for you, as the business owner. Every oversold or out-of-stock item leaves customers disappointed, increasing the chance of losing that sale (or customer)…
Amazon FBA Refunds: Understanding the Fundamentals
Get Your Amazon FBA Refunds Amazon FBA refunds can make the difference in turning a business operating at a loss into a profitable business. Getida, a company specializing in recovering Amazon FBA refunds, explains that an FBA business could lose anywhere from 1% to 3% in unclaimed Amazon FBA refunds. That quickly adds up to…
Stop Making These 5 Common Accounting Mistakes
Small business owners wear many hats. They are HR managers, marketing executives, and, of course, the Chief Financial Officer of their business. Most small business owners either manage their books independently or hire a bookkeeper to keep their finances in order. While this seems most practical, it can lead to avoidable mistakes that significantly impact a…
Replenishment Strategies for FBA: Avoid Amazon’s Low Inventory Fees
Selling on Amazon is a whole new world beyond selling on your webstore. There’s a lot involved in sustaining continuous sales on Amazon beyond just having products listed on the world’s largest marketplace. To set your Amazon business up for success, one of the main areas to focus on is inventory: the flow, the costs,…
3 Ways to Simplify Cycle Counts
Cycle counts are your key to achieving efficiency, ensuring accurate stock levels, and smooth operations. But let’s face it: traditional cycle counts can be a time-consuming, error-prone headache. As a busy ecommerce seller, you know the feeling: orders are flying out the door, your inbox is overflowing, and every minute can be spent doing five…
5 Ways to Reduce Waste in Ecommerce Operations
There are several ways for ecommerce businesses to improve their sustainability. From packaging to operations, learn 5 ways to strengthen you brand’s sustainability.
5 Inventory Management Mistakes to Avoid in 2024
Balance sales growth with inventory management excellence. Learn about proper handling of inventory to avoid overselling, improve profitability and manage your business proactively.
Navigating Ecommerce Growth: Tools for Returns and Inventory Management in 2024
As we delve into planning for success in 2024, it becomes clear that an often-overlooked aspect demands our attention: the returns process. This critical yet challenging transaction presents immense opportunities to boost customer loyalty and enhance operational efficiency. This blog explores the strategic importance of returns and inventory management, illustrating how strategic returns can drive…
Ease into Excellence: Onboarding with Finale Inventory
Change can be daunting. The thought of integrating a new system or tool into your current process can often feel like preparing to climb a mountain – strenuous and time-consuming. But what if we told you that with Finale, it’s more like a stroll in the park?…because that’s our goal, and we’ve been told it’s…
Demand Planning for Q4: A Comprehensive Inventory Guide
Quarter 4: a season synonymous with festivities, family reunions, and fervent shopping. For businesses, it means meticulous planning to get ahead of Q4 in order to navigate the whirlwind of sales, promotions, and elevated customer expectations. Let’s explore the intricacies of Q4 inventory demand planning, and we’ll talk over some action ideas for sellers to…
4 Reasons Why Exact Accounting is Vital for Multichannel Sellers
This partner post is brought to you by A2X. Running a multichannel business is a tough gig. In addition to dealing with everything that comes with selling via a traditional brick-and-mortar store, you must also navigate the ins and outs of ecommerce channels, including websites and marketplaces. With so many moving parts, it’s understandable to…
Navigating the Tightrope: Overselling in eCommerce and How to Avoid the Pitfalls
In the dynamic world of ecommerce, overselling is a term that’s no stranger to industry experts but is feared even among the most experienced of sellers. Overselling can send your business spiraling into a vortex of customer dissatisfaction and lost opportunities. Finale Inventory is here to provide strategies to avoid overselling, helping you understand its…
Choosing the Right Platform: Selling on Amazon VS Walmart.com
Written in partnership with SellCord. Amazon has long been recognized as the dominant force in the e-commerce industry, revolutionizing the way people shop online and setting new standards for customer convenience and satisfaction. However, in recent years, Walmart has rapidly emerged as a strong competitor to Amazon’s dominance, challenging its position and reshaping the e-commerce…