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Empowering Better Business with OpalThe Bullwhip Effect – What is Ahead for eCommerce Now?
As inflation continues to rise and consumers have to adjust budgets to make ends meet, there are a few indicators that there may be hope on the horizon for consumers and challenges ahead for eCommerce businesses.
The Rise of Shelflation & Shrinkflation
Listening to the news lately feels like a crash course in economics. Stagflation (check out our blog from a few weeks ago) has led to shelflation and shrinkflation, which consumers are noticing and speaking up about on social. As inflation continues to rise and...
Time to Strengthen your Channel Strategy
eCommerce businesses and brands have bobbed and weaved through the last two years of challenges, which has led to consumers now expecting brands to connect across multiple channels and provide an omnichannel approach. Connecting across multiple channels not only...
From Stagflation to Fulfillment Strategies
Constantly climbing inflation, increasing supply chain constraints, continued lockdowns due to Covid outbreaks and navigating the war in Ukraine have all lead toward a significant slowdown globally, but experts do not expect a return to the 1970s thankfully. According...
Alternative Financing Options are Growing
With supply chain issues at an all time high, it has never been more critical than now for eCommerce businesses to have a strong inventory management system to keep up with consumer demand and to be prepared for growth into new markets at a moment’s notice. To those...
One Quarter Down– What’s Ahead in 2022?
Experts are warning China’s recent string of tight lockdown restrictions are about to send another shock through global supply chains—possibly worse than Wuhan’s lockdown at the beginning of the pandemic. China’s President has not budged on his “zero-Covid approach,”...
Global Chaos and Disruption Lead to Digital Transformation for Companies
No one could have predicted Russia’s invasion of Ukraine to have such a long duration, and consequently has set off a series of new supply-chain bottlenecks around the world. Though they are not responsible for producing computer chips used by global automakers,...
Combatting Inflation
In a world where consumers expect online retailers to “meet or beat competitors’ pricing,” this year will prove challenging with inflation. The US Bureau of Labor Statistics released its Product Price Index for February 2022, reporting wholesale prices had jumped up...
Inventory Management is Critical for Many New eCommerce Trends
In an age where consumers expect their needs to be met quickly at the click of a button, pressure is on for a rapid growth of eCommerce businesses and their infrastructure. It’s critical to evolve and build a strong infrastructure to meet the modern consumers’ needs,...
Are You Current with the Shipping Trends?
As shipping costs continue to rise, and many are still traumatized by the long list of challenges this past holiday season, eCommerce businesses and retailers are beginning to shift towards new shipping trends. Many are looking for ways to better plan for the year...
The Delivery Revolution
Since the start of the pandemic, companies everywhere have risen to the occasion to meet consumer demand for faster at home delivery, but have still fallen short. Younger generations are driving demand for more flexible and much faster delivery times, leading...
Historic Holiday Season In Spite of the Supply Chain
Despite so many supply chain issues this holiday season and media constantly warning consumers to plan ahead and shop early, there was still a record breaking $204B in online shopping spent between November 1 and December 31 – an almost 9% growth over last year. What...
“The reason why one man is great and another man is living in mediocrity is simply because one understood the value of time while the other did not.”
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