Tag Archives: costs

How Intelligent Inventory Management Via Wireless Systems Reduce Warehousing Costs

Jennifer Warren July 16, 2020 In a warehouse, problems tend to occur basically in four categories: receiving, storage, order-picking, and shipping. A study in the United Kingdom revealed that order picking is the most costly among all these activities. In fact, 60% of the warehousing expenses could be attributed to order picking. Intelligent inventory management … Continue reading How Intelligent Inventory Management Via Wireless Systems Reduce Warehousing Costs

How COVID-19 Has Increased Shipping Costs for Retailers

Michael Begg June 22, 2020 With Covid-19 forcing governments to close borders and discouraging international travel, there is serious pressure on freight costs, especially for air-freight. In a recent interview, Robert Khachatryan, Founder and CEO of Freight Right, explained that due to the cancellation of flights, their customers have been turning to ocean freight. However, … Continue reading How COVID-19 Has Increased Shipping Costs for Retailers

Have a Product Idea? Know These Costs Involved in Product Development

Tanya Kumari — June 10, 2020 There are dozens of issues in the digital world and your product idea might just be able to solve a majority of them. But building the product from just an idea can be challenging, especially for non-technical entrepreneurs or CEOs. And even if you have found out how you … Continue reading Have a Product Idea? Know These Costs Involved in Product Development

How to Save Costs as a Seller on Amazon

Kiran Patil — May 7, 2020 The ongoing global pandemic has forced most to self-isolate and sprouted up a multitude of challenges for businesses. Together, supply chain disruptions and demand fluctuations have left even well-positioned e-tailers to juggle with economic uncertainty. In this article, we explore cost-saving factors that can be evaluated by Amazon sellers. … Continue reading How to Save Costs as a Seller on Amazon

Martech platforms reduce costs as CMOs face budget cuts

Many platforms are already making concessions to help marketers by reducing costs and, in some cases, even suspending billing. Amy Gesenhues on March 31, 2020 Just this week, Gartner reported 65% of 176 marketing leaders said they are bracing for moderate to significant budget cuts as a result of coronavirus-related disruptions. Fortunately for our marketing … Continue reading Martech platforms reduce costs as CMOs face budget cuts

How to Communicate Software Development Costs to Your Finance Department

Katy Stalcup — March 9, 2020 If you’re in engineering or development, communicating about cloud infrastructure and other software development costs with your finance department is tricky. For one thing, those costs are almost certainly rising. Also, you are in different roles with different priorities. This naturally creates barriers of communication. You may think your … Continue reading How to Communicate Software Development Costs to Your Finance Department