What Are Smart Lockers?

Smart lockers are advanced storage units equipped with digital technologies that allow for the automated and intelligent management of their contents. These lockers rely on a combination of technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), smart sensors, and Radio-Frequency Identification (RFID) to provide safer and more efficient storage solutions.

How Smart Lockers Are Used

Smart lockers are utilized in a wide range of applications, including:

1. E-commerce and Shipping:
   • Smart lockers offer logistical solutions for parcel delivery. Customers can pick up their parcels at any time of the day from strategically placed smart lockers. Once a parcel arrives, the customer is notified via SMS or email with a code to unlock the locker.
2. Inventory Management in Companies:
   • Companies use smart lockers to store equipment and consumable materials. By using RFID technology, stored items can be tracked and managed precisely, reducing errors and saving time.
3. Education and Healthcare:
   • In schools and hospitals, smart lockers are used to store medications, medical devices, or even textbooks. The smart system enables tracking items, ensuring security and easy access when needed.
4. Fitness and Entertainment:
   • In gyms and entertainment venues, smart lockers offer secure storage solutions for personal belongings, allowing users to open and close lockers using smartphone apps or smart cards.

Global Development of Smart Lockers

The concept of smart lockers has significantly evolved over the past decade and has now become an essential part of the global technology landscape. Several factors have contributed to this development:

1. Increased Demand for Contactless Delivery Solutions:
   • With the growth of e-commerce and the increasing importance of convenience and security, the demand for contactless parcel delivery solutions has risen, leading to widespread adoption of smart lockers by shipping and delivery companies.
2. Expansion of Smart Infrastructure:
   • The proliferation of smart cities and smart infrastructure has led to the integration of smart lockers as part of systems designed to enhance daily life, reduce congestion, and save time.
3. Advanced Technology:
   • The development of IoT and AI technologies has laid the foundation for smart lockers, allowing for more efficient inventory management and a smoother user experience.
4. Expanding Commercial Uses:
   • Large companies and various sectors have begun adopting smart lockers to meet diverse needs, from storing equipment in work environments to providing innovative customer services.

Leading Companies in Smart Lockers

Thanks to ongoing innovations, some companies have achieved significant success in the smart locker industry, including:

1. Amazon Hub Lockers:
   • Amazon was one of the first companies to adopt smart lockers on a large scale through its “Amazon Hub Lockers” service. These lockers provide users with the option to pick up their parcels at convenient locations. As of 2023, Amazon Lockers have expanded to over 4,000 locations across the United States alone.
2. Parcel Pending (A Quadient Company):
   • Parcel Pending, acquired by Quadient, is a leading provider of multi-use smart locker solutions. The company has deployed over 2.3 million smart lockers across the U.S. and Canada, serving various sectors, including residential, universities, and e-commerce.
3. Luxer One:
   • Luxer One is a leader in providing smart lockers for residential and commercial purposes. In 2022, the company saw a 35% increase in the use of its smart lockers across the U.S., with over 100 million deliveries recorded using its systems.
4. Redbox Saudi Arabia:
   • Redbox is one of the leading Saudi companies in the smart locker industry. The company provides innovative storage solutions for both consumers and businesses, enabling them to receive parcels anytime and anywhere. Redbox is improving user experience by offering safe and fast services that meet the growing demands of the Saudi market.
5. Omni Llama:
   • Omni Llama is a company specializing in developing and providing smart locker solutions used in shopping centers, residential complexes, and public spaces. These smart lockers allow users to securely and conveniently receive and store parcels and personal belongings. The company aims to provide smart solutions that align with technological advancements and meet local market needs.

Multiple warehouses and same-day delivery are crucial factors contributing to the success of companies in the increasingly competitive e-commerce market. By leveraging these solutions offered by Diggipacks, companies can improve delivery speed, enhance operational efficiency, and increase customer satisfaction. If you’re looking for a way to provide your customers with a unique and fast shopping experience, Diggipacks is the ideal partner to achieve this.

Finally

Smart lockers represent an innovative solution that effectively and securely combines technology with storage management. As they rapidly evolve globally, these lockers contribute to improving operational efficiency and providing more convenient and secure services to users. With ongoing technological advancements and increasing demand for smart solutions, the use of smart lockers is expected to become more widespread and integrated into various aspects of daily life.

With the tremendous technological progress that we are witnessing, and with the increase and expansion of the size of companies, there is an urgent need for the various management and those in charge of administrative processes to work together in a smooth cooperative manner, which will lead to increased productivity and stimulate work and growth, and the first thing so that everyone in the organization works efficiently, is That every individual understands what his mission is, and the Distribution Centre are of the utmost importance in your business, and choosing them properly is of utmost importance, and in this article on  logstiat logistics solutions we will show you 4 tips to help you choose the locations of the distribution centers.

What is meant by distribution center?

A Distribution Centre means an entity specialized in storing, shipping and handling goods, as it is a place through which inventory is managed, distributed, and orders handled in terms of execution, shipping operations and their management.

How is Distribution Centre?

As for the shape of the Distribution Centre, you will find that most distribution centers have a berth to carry goods and products, in addition to a special area for storage, and a department specialized in shipping operations, and through the Distribution Centre, the inventory moves faster, more efficiently and accurately.

How to choose the Distribution Centre Locations?

The most frequently asked question by retailers and merchants in general is “Where can we locate the appropriate distribution site?” There are a number of tips that we have provided you in this regard, and here are 4 tips to help you choose locations of Distribution Centre:

1. Get closer to Where the Demand Is

Most individuals choose their distant Distribution Centre a lot, and often the main reason for this is the low costs of these centers, or perhaps there is cheaper labor, but sometimes this behavior is not correct.

Especially since there are other aspects and costs that you must focus on before choosing the location of your Distribution Centre, and the most important point is that your distribution centers are close to demand.

If you are a producer of a commodity that is used by a large number of people in your area, it is better that you choose the distribution center in that region in which the demand is greatest.

2. Access is the Key

Always try to have your Distribution Centre surrounded by easy and fast places to reach, for example, choosing a distribution center in that area where there is an intersection of two main highways, which will enable your trucks to drive quickly and easily to deliver orders.

And you can find out : What is order management and how logstiat can help you with it

The second most important point to focus on when choosing a location for your Distribution Centre is having good access points, meaning that your Distribution Centre location is close and easy to reach to customers, roads, and other warehouses.

3. Weigh up Transport Costs

When considering the location of your Distribution Centre, you will need to consider the costs associated with the land, labor, and location itself, and weigh them all.

This is because, in general, you will find that internal and external transportation costs as well as labor costs absorb a large proportion that exceeds the proportion of total distribution costs.

4. Don’t Ignore the Ecommerce Factors

E-commerce is greatly increasing its importance and role, especially after the Corona pandemic and the repercussions it imposed, so you should also not ignore the e-commerce factor.

Therefore, the process of delivering products and re-supplying them has become one of the important factors that help you maintain your market share and stay in the market. Any delays in delivery will negatively affect customer satisfaction and thus negatively affect your revenues.

What should I consider when choosing my distribution center?

As a whole, we can summarize for you the most important factors that you should give the most attention when choosing your Distribution Centre, as:

• Access to infrastructure smoothly and quickly.
• The ability to provide the best service through the distribution center that you have chosen.
• Take into account the total cost and try to reduce it as much as possible.

What are e-commerce platforms?

They are software solutions that enable you to obtain the features and capabilities that enable you to create an integrated online store ready to achieve sales to Internet users.

Or let’s say that they are platforms that provide integrated packages of programs that make the online selling process possible, as it provides the ability to display products, the ability to link the store with shipping and payment companies, the ability to manage , track and inventory control … etc.

Top 5 best E-commerce platforms

When it comes to creating a professional online store, choosing the right e-commerce platform means a very important step, and it makes a big difference in your success in the world of e-commerce.

In fact, there are a lot of e-commerce platforms, which differ according to how they work and how to create a store through them.

This makes many feel confused about how to choose the right platform for their specific situation, but in this section we will show you the 5 best e-commerce platforms:

1. WooCommerce platform

The WooCommerce platform is the most famous and important in the world of e-commerce, it is an open source and free platform, and it is dedicated to working with the WordPress content management system, by setting the WooCommerce plugin on the WordPress site.

It is known that WordPress is the most important and most popular platform for making websites, and therefore many prefer to deal with WordPress, and as with WordPress you can create a wonderful website, so this is also by setting this add-on you can create a wonderful online store via WordPress.

2. Shopify platform

The Shopify platform provides an integrated solution to create a professional online store, and it is the most important and most popular platform in the world of e-commerce, and by subscribing to it you will be able to get your store easily and in very simple steps.

The Shopify platform provides three different packages, each with a different price, and therefore each has different features from the other, for example, you will find the first and cheapest package that contains the main features, and the third and most expensive package contains all the advanced features.

3. OpenCart platform

The OpenCart platform is a completely free and open source platform, and it is one of the most important global platforms for creating a professional online store. It is suitable for small and medium-sized stores.

The OpenCart platform is a PHP script that you can download from the official OpenCart website, and it requires some technical expertise to install it on your hosting, and prepare it well.

The OpenCart platform comes with a lot of other features, but it is available in the form of additional plugins, including free and paid ones, and on the official website you will also find a lot of free and paid templates, which you can use any of them as you like.

4. ExpandCart platform

The ExpandCart platform is a wonderful Arabic platform, and it deserves to be placed in the middle of the large platforms that we are talking about today, it is a great option for every Arab who wants to create a professional online store, and it is available in English as well, and it has clients in many countries of the world.

The ExpandCart platform is an integrated e-commerce solution, by subscribing to it, you will find everything you need to build your online store in one place (such as the Shopify platform).

5. The Magneto platform

The Magneto platform is one of the leading platforms in the world, and there are hundreds of thousands of online stores that use it. This platform is an open source platform and has a free and a paid version.

The free version is very suitable for small and medium businesses, while the paid version is intended for large companies, and it has a high price compared to other e-commerce platforms.

This platform contains a huge number and variety of features and options, through which you can customize your store as you want, giving it a unique and bold look.

It is also the platform that is famous and characterized by an unparalleled level of flexibility, as long as you have programming expertise, you can modify the code and adapt it to the way you want.

Artificial intelligence in e-commerce is one of the things that will have a big role in the future, and we will see how to grow your ecommerce store by AI, The relationship of AI with the e-commerce sector is related to broad technologies such as data analysis and machine learning in order to take better and smarter actions to improve the shopper experience, and AI mechanisms are working to improve the e-commerce process, and this What we are going to discuss today, we will talk about how to grow your ecommerce store through the use of artificial intelligence techniques, and how you can apply artificial intelligence in your e-commerce business.

What is artificial intelligence (AI)?

Artificial intelligence (AI) is techniques, tools, and machines that simulate human intelligence and work to achieve a primary goal, which is to accomplish any task in the smartest way, in the fastest time and with the most accurate result.

The mechanisms of artificial intelligence work to absorb a huge amount of data and work on analyzing and processing it and benefiting from it to reach perfect results and performance, and this is what surpasses the human capabilities that bear part of the error.

Artificial intelligence techniques have begun to mature and develop, and there are many forms of it in more than one sector of the e-commerce sector.

We find many forms of artificial intelligence that have become a powerful and intelligent tool to improve commerce operations and performance and increase sales and profits, By which we will know how to grow your ecommerce store.

How to grow your ecommerce store ?

how to grow your ecommerce store? You can take advantage of artificial intelligence techniques to learn how to grow your ecommerce store, as there are many advantages that artificial intelligence technologies can provide.

The following are the most prominent advantages that artificial intelligence techniques can provide you with,which will Through it know how to grow your ecommerce store:

1. Increase sales

get to know how to grow your ecommerce store Via increases sales, Artificial intelligence applications and mechanisms allow you to make predictions about the goods that the customer may need in his next purchase.

All this is done based on analyzes and studies of the customer’s behavior through his previous purchases or based on his product search history.

you may need to know : Learn Product management through modern systems

This will benefit you later, as the customer receives suggestions about what he actually wants to buy, that is, he makes more purchases and thus records more revenue and profits.

2. Optimize the performance of your advertising campaigns

Artificial intelligence tools and techniques help you collect the data of the audience and users of your online store and then study and analyze it.

This is to be used later in creating advertising campaigns, and in marketing campaigns, and this helps you in improving the performance of your advertising campaigns and achieving more effective and successful marketing and commercial results than before.

3. Gain the satisfaction and trust of customers

get to know how to grow your ecommerce store Via Gain the satisfaction and trust of customers, Through the Artificial Intelligence techniques, you will be able to improve the experience of your customers in more than one way,

Whether through the chatbot and the quick, direct and professional response to all inquiries and comments, or by facilitating the steps of making a purchase for it.

This enhances his feeling of confidence and satisfaction towards your online store and makes him his first choice when making any purchase online because it provides him with all the means of shopping comfort and ease.

4. Increase retention of your existing customers

Retaining customers for as long as possible is an important goal that all merchants and brand owners pursue because it is more effective to benefit from existing customers than new ones.

There are many elements that help maintain customers and are responsible for artificial intelligence applications and tools, such as professional support and facilitating the shopping process for them.

5. Protect your store from hacking

get to know how to grow your ecommerce store Via Protect your store from hacking, Surely one day during a search or online shopping I was tested with CAPTCHA or reCAPTCHA that works intelligently and automatically to make sure that you are human and not a bot trying to hack the site.

To reduce potential hacking and fraud in your online store, you can activate the application of any of these applications and take advantage of them to protect your store.

This will reflect on your customers as well, as it enhances them with a sense of trust towards your store and pushes them to make more purchases and use electronic payment methods that need to enter their personal bank details.

Using Artificial Intelligence to improve your eCommerce Brand 

1. Chatbots

get to know how to grow your ecommerce store Via Chatbots by AI, One of the most famous artificial intelligence images in e-commerce is an automated chat model or bot or conversation robots as they are called.

It is working with artificial intelligence on the rapid and automatic response to customers. They give them quick answers to their inquiries, which certainly affect the customer’s decision to purchase your store from your store.

If the client is interested, quick and correct answers at the same time inquiry regarding any product on your online store without waiting for a long time.

And this will pay for the sense of security and confidence towards your store and therefore make more purchases.

2. Customer retargeting

Artificial intelligence techniques can help you successfully in customer retargeting, through the ability of artificial intelligence technologies in the same way, artificial intelligence can help improve sales forecasts for any company from e-commerce companies.

This online store seller helps effectively target customers, as well as the possibility of promoting products likely to sell a lot, leading to better results for companies and stores.

3. Inventory management

get to know how to grow your ecommerce store Via Inventory management system by AI, You can use artificial intelligence tools to manage your inventory with maximum control, allowing you to accurately storage what you need as well as improve your inventory control at all times.

The addition of artificial intelligence capabilities help the e-commerce stores campaign in avoiding excessive storage, thus reducing the amount of funds that are kept in goods and the liberalization of space.

4. Email marketing

Artificial intelligence can also be used in email marketing, allowing marketers to assemble and analyze huge amounts of data from social networks, emails and web networks at a quick time.

The marketers can use the results of those analyzes to enhance the performance of their marketing campaigns and improve the return on investment (ROI).

Implementing AI in Your eCommerce Business

LOGSTIAT has experts in the logistics field they know how to grow your ecommerce store, and they are able to solve most of the problems facing shipping companies and provide as many logistics management solutions as they programmed and translate ideas to be in one intelligent and comprehensive system.

The LOGSTIAT system is overvalent and the desires of dozens of companies to be at the forefront of shipping companies in Saudi Arabia by providing all smart solutions for logistics companies, Thus helping companies grow faster based on artificial intelligence and modern technology.

The perpetual inventory system is one of the most important types of inventory systems, which is a method for calculating inventory in which the sale or purchase of inventory is recorded immediately through the use of computerized point-of-sale systems or the entry of orders through business asset management programs, and the advantage of the perpetual inventory system is that it provides a detailed view of changes The incident in stock, with an immediate report on the amount of stock in the warehouse, which accurately reflects the level of available items, all of which positively affects work, productivity, speed of order fulfillment, and thus customer satisfaction, and in this article we will talk about the perpetual inventory system and its advantages and how it works.

What is Perpetual Inventory?

Before talking about the perpetual inventory system, we will first need to know the concept of perpetual inventory, which means:

It is that type of inventory that is continuous on a daily, monthly or annual basis, as it is a process that tracks the real assets of the institution on a permanent basis.

What is a perpetual inventory system?

Perpetual Inventory System is the system whereby every movement that takes place on a continuous basis on the stock of withdrawing or adding, goods in process and cost of goods sold is processed on a daily basis.

The perpetual inventory system allows real-time tracking of sales and inventory levels of individual items, helping to avoid shortages.

How does the perpetual inventory system work?

As for how the perpetual inventory system works, it basically works by updating the inventory base permanently. This method is one of the most accurate and effective ways to calculate inventory.

The following is how the perpetual inventory system works:

1. Updating stock levels through point of sale systems. After an item is sold, the stock management systems associated with the point of sale system deducts that item from the total stock and records the process.
2. Update the cost of the goods that have been sold, and this process is done when any item is sold.
3. Frequently adjusting reorder points, based on historical data, in order to maintain inventory at an optimum level at all times.
4. Create purchase orders automatically, when an item reaches its reorder point, and then create this order and send it to the same supplier automatically without any human intervention.
5. The last step in the mechanism of the perpetual inventory system is to check the received products in stock, where the products are checked through warehouse management programs, and all these updates appear in the inventory management dashboard and displayed on all sales channels.

What are the advantages of a perpetual inventory system?

There are a number of advantages that the perpetual inventory system provides to users, and the following are the most important of those advantages:

• Provide managers with relevant statistics on the company’s status and inventory in a timely manner.
• Provide all information about the amount of cost of goods sold and the balance of the inventory account at any time, and this information is very important to improve purchasing policy and prepare short-term financial statements.
• Maintain greater control over physical inventories by comparing actual balance with ledger records.
• Detect without delay any problem before it becomes giant such as theft, damage or leakage of inventory.
• Prevent out of stock situations or a shortage of stock that the product is out of stock.
• Provide management with a more accurate understanding of customer preferences.
• Allow management to centralize the inventory management software to multiple locations.
• Provide greater accuracy of inventory as each item is recorded separately in the general ledger.
• Reduce physical inventories.

When Would You Use a Perpetual Inventory System?

As for the reason why companies use the system, it is in fact due to the advantages of this system for companies, especially e-commerce companies, this system provides an accurate view and immediate analysis of inventory levels, away from the manual processes of the inventory system, because the perpetual inventory system is available It has automation system, which saves time and costs significantly.

Is It Necessary to Take a Physical Inventory When Using the Perpetual Inventory System?

In the end, we would like to point out the importance of periodically conducting a physical inventory, in order to test the accuracy of these permanent records, and the physical inventory will help in identifying cases of inventory shortage or shrinkage.

ABC analysis is one of the common and effective methods that are used in inventory management, through which the value of inventory items is determined based on the importance of each item. It is one of the important ways in any organization or company to classify its stock and determine its value. In this article, we will show you all the details about ABC analysis, what its importance is and why we use it. We will also show the most common practices using ABC analysis.

Performing an ABC analysis

The ABC analysis method is derived from the Pareto principle, and it means the method that enables the classification of companies’ stocks of goods and raw materials,

Then arrange them according to the impact they have in terms of the cost of storing them, and determine their importance accordingly.

And through the method of ABC analysis, as we have indicated, the products are classified into three categories, where:

• Category A: High value goods, including 20% ​​of stock products that generate 80% of total revenue, and this category is of great interest to the company.
• Category B: Medium value merchandise, comprises 30% of products in stock, generates 15% of revenue, and receives medium business interest.
• Category C: Low value goods, representing 50% of the stored products, and generating returns of not less than 5% of total revenue, and the company attaches less importance than the previous categories.

What is ABC Analysis in Inventory Management?

ABC Analysis in Inventory Management determines the value of items in inventory according to the importance of each item, and is classified specifically when there are orders, whereby inventory managers collect all items in specific categories according to previous criteria.

ABC analysis helps companies and organizations understand which products or components are the most successful and which are most important at the same time, and that will contribute to the success of the company’s or organization’s financial system.

According to ABC analysis, the most important categories are A, followed by B, and the least important ones. This is what we talked about in the definition of ABC analysis in the previous part.

Why Use ABC Analysis?

You may be wondering, why use ABC analysis, but in fact this method helps to better control your inventory and helps in managing capital costs effectively, which enhances the inventory turnover rate.

The following are the most important benefits that can accrue to you from using the ABC analysis method:

1. Inventory optimization further

This is done by analyzing the products that the company needs, and thus using the spaces in the warehouses as required to store the goods in them.

2. Improved Inventory Forecasting

Through ABC analysis, it is possible to easily monitor and collect data about products that require a large demand from customers, and this will lead to more accurate sales forecasting.

3. Improve profitability

ABC analysis contributes to a reasonable increase in sales, by increasing the demand for a particular item, and all this will improve the company’s profitability significantly.

4. Strategic resource allocation

Your resources can be continually evaluated through the use of ABC analysis, thus ensuring that Class A items match the customer’s demand.

5. Provide better customer service

ABC analysis helps identify the most profitable elements for your company and then provide better levels of service for those elements, all of which will clearly contribute to customer satisfaction.

6. Better product lifecycle management

Properly predicting demand and stock levels through ABC analysis will help you better manage the life cycle of your products.

7. Control of high cost items

ABC analysis helps you prioritize demand control and maintain good stock levels, so there is always enough product available.

8. Improve inventory turnover

ABC analysis maintains inventory turnover at appropriate levels through inventory control and data collection.

9. Reduce inventory costs

ABC analysis gives you the right percentage of inventory based on A, B or C classes, so you can reduce inventory moving costs.

10. Simplify supply chain management

ABC analysis of inventory data enables you to determine when to consolidate suppliers or switch to just one supplier to reduce costs and streamline operations.

How is ABC analysis done?

As for the way ABC analysis works, it generally begins with identifying the goal that your company is trying to reach, and then collects the necessary information for classification.

After classification is appropriate, decisions are made according to that data, and the following are the steps of the ABC analysis:

1. Determine the goal, and either reduce purchasing costs or increase your cash flow, by improving inventory levels according to your production or sales ratios.
2. Data collection, in which it is explained collecting all the data you need regarding the determination of the total and weighted cost and the gross profit margin.
3. Sorting the data, after collecting the data, the ABC analysis formula is used to arrange the demand for inventory according to cost, in descending order.
4. Calculate the effect of sales. In this step, the effect of sales is calculated for each item in the inventory as a percentage.
5. Sort items into purchase categories, in this step, your items are sorted after selecting the different categories. This step is important because it can help you ensure more A-class items are available in your inventory.
6. Categories of Analysis after completing the previous steps of defining categories and managing costs, a number of reviews are scheduled that will help you determine the success or failure of the decisions made.

How to Implement ABC Inventory Management challenges

In order to know what is the best way to implement ABC inventory management you will first need to check whether the ABC analysis will be appropriate for your business.

LOGSTIAT Advanced Inventory Management Systems can help you with this, as it has a powerful and efficient Inventory Management System which can help you in:

• Managing multiple shelving and storage locations.
• Set and change product locations.
• Print the list of pick-up, preparation, packaging and then deportation to the shipping companies.
• View all requests received from all channels
• Create, view, search and edit orders.
• Returns management.
• Track orders (and associated inventory) and shipping.
• Inform the customer about shipping updates directly.
• View and manage customer information.

Common practices based on ABC analysis

best practices emphasize consistency, sales, and attention to events that may affect inventory levels or value.

Using technology to manage inventory is a best practice that simplifies the process from start to finish, the following are the common practices based on ABC analysis

1. Simplify categories

The simplicity of categorizing items makes them easy to move, and you can follow the method of placing the most expensive items in Class A, the average price in Class B and the least expensive in Class C.

2. Set work and service levels at the same time

It is one of the most common practices that will help you assign service levels based on the item category itself, this will ensure a more regular cycle count of critical items first.

3. Segmentation of KPIs by Category

Another important and common practice in ABC analysis is to try to create distinct KPIs, and create reports and dashboards that match each of your categories.

4. Create performance reviews

You can also use performance reviews when performing complete inventory maintenance, it is one of the effective and common practices of ABC analysis.

5. Inventory when moving

In the event that your inventory moves between locations, keep track of the time that elapsed between the date of shipment and the date of receipt, this will help you to obtain accurate inventory records that ensure that damage or loss is recorded.

6. Purposeful reclassification

Another common practice in this analysis is flexibility in classifying items, as sometimes you will need to reclassify inventory periodically due to market changes.

7. Leverage the technology and the data generated

Try to use the data to manage lead times and plan the demand, it is the most important and also successful practice in ABC analysis

Using ABC Analysis for Cycle Counting

can be used to calculate the cycle, especially since this type of analysis guarantees a larger number of important items of high volume.

Cycle counting also provides several controls that ensure accurate inventory records in the inventory management system itself.

It is also possible through ABC analysis to schedule regular cycle counting through classification.

And this will provide you with a more regular cycle counting for the items of category A, which have the greatest and most important impact on sales performance than other categories

Whatever field you are active in and whatever type of products you sell, there is no doubt that you have many competitors, owners of electronic stores who seek to increase ecommerce sales and attract more buyers, so in this competitive climate, e-store owners who want to In increase ecommerce sales, make double efforts to differentiate yourself from them and to outperform them. In this article, we will show you the best ways to increase ecommerce sales and grow your business.

Increase ecommerce sales

There is no more important goal than the strategies of increasing ecommerce sales that all entrepreneurs and brand owners seek.

In any case, knowing how to increase ecommerce sales for your brand online is an important step to expand your business and earn more profits.

But before getting to know the best plan to increase your ecommerce sales, it is necessary to know the reasons that can cause a loss in sales.

Perhaps this is the best and most effective way to improve ecommerce sales, as it addresses the problems and causes that lead to lost sales, compared to implementing any of the strategies and ways to increase ecommerce sales.

Amazon ecommerce revenue

Amazon is one of the best digital companies that is required in the e-commerce business, especially since during the crisis of the epidemic and the Coronavirus, Net was able to continue to work and face the matter without any serious losses.

Amazon reported net sales of $108518 billion in the first quarter of 2021, which indicates an increase of up to 44% from last year’s sales.

Perhaps one of the most important reasons for its success is its focus on customer service first, which makes Amazon consistently outperform other retailers.

In a case study of Amazon e-commerce sales, it was demonstrated that the big factor behind its increased sales is its interest in customers and the efficient use of digital marketing strategies.

Smart ways to increase ecommerce sales

Reliance on ecommerce is increasing day by day, as technological development has made the shopping process completely different from what it was in the past.

Everyone can get what they want from anywhere in the world with the click of a button, so today’s business owners are interested in creating online stores to keep pace with the times and achieve higher sales rates.

Smart ways to increase your ecommerce sales, here are some of the most important ways that will help you effectively in increasing your ecommerce sales:

1. Boost ecommerce

Studies have proven that the e-commerce sector is witnessing distinct levels of continuous growth, and it will continue to do so during the coming period, due to the demand of the technologically savvy youth segment on e-shopping.

One of the smartest ways that can help you increase ecommerce sales is to boost and pay attention to them, as shopping on mobile devices, PCs, tablets and connected devices has become a big part of our daily lives.

2. Introduce new products or service

Introducing new products and services to customers is important to increasing your e-commerce sales, as customers are always waiting for new products and services.

The higher and diversified the products and services you provide, the greater your chance to attract customers, market and product management, and thus more ecommerce sales.

3. Expand to new domestic markets

The third best smart way to increase your ecommerce sales is to try to enter new local markets, i.e. expand your business in the local markets that appear.

New local markets often have a huge base of shoppers that you can target for your brand and visit your ecommerce sales.

4. Focus on the existing customers

Many online store owners think that attracting new customers is the only thing they can do to increase their online sales.

This is a misconception, as maintaining an existing customer base is extremely important which will help you increase ecommerce sales significantly.

Existing customers who trust your product or services will tell others about your brand and thus promote your product better without any additional costs.

Here are a number of ways that can effectively help you maintain and focus on existing customers:

• Offer them special promotions and make them feel special.
• Providing exclusive surprises and discounts for them.
• Send newsletters about your new products before showing them to other customers, this increases their sense of distinction and loyalty to your store.
• Interested in hearing their reviews and opinions about their experience with your store.

5. Get the time done through inventory and delivery management systems

One of the other best ways you can increase your e-commerce sales is to try to deliver products on schedule.

You can do this through the use of inventory and delivery management system, which will greatly increase customer satisfaction, and you can use the services provided by LOGSTIAT in this matter.

As LOGSTIAT provides you with a group of the best services for delivery and inventory management system, which will greatly enhance your efficiency and productivity.

The volume of ecommerce has developed significantly, and the latest studies indicate that the purchase of goods and services is growing at large rates, as in the Arab countries at a rate of approximately 45% annually, compared to 20% in Europe and 35% in Asia, and a large number of individuals are looking for ecommerce secrets Which will greatly facilitate their work, help maintain their position in the market and expand into new markets, and in this article we will show you top 7 ecommerce secrets to Success in your business.

Top ecommerce secrets

Global e-commerce 246.15% increase in ecommerce sales globally, from $1.3 trillion in 2014 to $4.5 trillion in 2021, representing a threefold increase in online profits.

The rising purchasing power of internet users around the world has also opened up huge opportunities for business owners to invest in ecommerce.

Also, the e-commerce sector is expected to grow tenfold, from $20 billion in a year. Here are the most important ecommerce secrets that you can follow and increase the success of your business:

1. Build a pre-launch audience

Building a pre-launch audience is one of the most important ecommerce secrets that will help you increase your sales and presence in the online market.

This will help your potential audience or customers properly understand your products and services, and marketing tools can help you build a pre-launch audience.

2. EXCELLING at customer services

The second most important ecommerce secrets is to provide excellent customer service, as the focus on customers must receive your attention.

So that you have to provide them with the best services that facilitate access to your products as well as after-sales services.

LOGSTIAT can help you provide the best customer service, providing your store with important tools to serve your customers better.

And the following are the most important customer services that LOGSTIAT can provide to you:

• Manage scheduling and addressing all your shipments in the easiest way.
• Most of the regions and neighborhoods of Saudi Arabia have been linked to this system.
• Arabic and English language support
• Link to text messages and alerts in the event of an update for any reason.
• Organize customer service work and distribute shipments/calls among customer service staff
• Calculate the productivity and performance ratio for each employee
• Scheduling shipments by taking the address from the customer in less than 120 seconds
• Provide multiple channels for scheduling.

3. Leverage the power of remarketing.

Remarketing is a form of digital marketing in which marketers provide advertisements to users who have visited their website, or a particular web page, and who have taken or not taken a specific action.

Organized Remarketing campaigns can help you target consumers who visit your online store and provide them with relevant ads in real time.

Perhaps remarketing is one of the most important ecommerce secrets, which will help you greatly in:

• Convincing a potential customer to return to your online store again.
• Making the customer follow the next step in the purchase process.

4. Product Category and Price Point

One of the important ecommerce secrets is the need to focus on determining the category of the product you offer and what its price is.

Many customers abandon the shopping cart just because the price of the product they want is not clear, and identifying the products you offer will help customers easily find and search for it.

Determining the category and price of your product will help you reduce the likelihood of customers leaving the shopping cart in your online store.

5. Providing logistics solutions that serve your ecommerce

One of the most important and effective ecommerce secrets is to provide logistics solutions that serve your ecommerce.

That will help you manage your business and provide the best customer service, as well as organize storage and Cargo Management.

All of this will enhance your online store, customer confidence in you and their satisfaction with the service provided.

And LOGSTIAT can provide you with all the logistical solutions that Increase ecommerce sales in the best possible way.

6. Give more mobile accessibility

In 2021, the number of smartphone users in the world is expected to be about 2.87 billion users.

The widespread use of smartphones has influenced the formation of online buying habits, 67% of shoppers are likely to buy from a mobile-friendly site.

One of the most important ecommerce secrets is to design a website that is easily accessible to customers through their mobile phones.

There is a huge amount of people using mobile devices to search for information on products and make purchases through them.

Hence there is a necessity to design a mobile compatible website, as customers buy directly and indirectly using their mobile devices.

And if you don’t have a mobile-friendly website, you’re losing a lot of customers, so giving more mobile accessibility is truly the top ecommerce secret.

7. Focus on the customer lifetime value

The last most important ecommerce secret that we present to you today is the need to focus on customer lifetime value.

That means focusing on providing long-term value to the customer and not just a product that serves their temporary desire.

Customer lifetime value is what will make you gain more loyal customers, thus increasing your profits and revenue.

Sales in e-commerce depend on two main factors, price and delivery time, the first factor depends on the suppliers you deal with, and the second depends on your management of the inventory itself, so there is great importance to managing ecommerce inventory, and e-commerce companies rely heavily on effectively managing ecommerce inventory So you can know when to order more inventory, how much to order, where to store it, etc. In this article LOGSTIAT will give you all the details on how to effectively manage ecommerce inventory, ways to enhance that management and what are the best ecommerce inventory management software.

What is ecommerce inventory management?

ecommerce Inventory management refers to the processes of storing, tracking and shipping products, and it is one of the essential aspects of managing online stores, whether large or small.

Inventory management helps e-store owners know how much inventory is available, when they have to renew it, estimate the cost of storage, and more.

As for the concept of ecommerce inventory management, it means the organized approach through which the sources of e-commerce inventory are determined in terms of storage, tracking, and shipping.

A successful ecommerce inventory management is one of the sources of strength and efficiency for e-commerce companies, through which they will be able to increase efficiency and reduce operational costs.

How to grow your ecommerce store?

Preparing ecommerce inventory

The most important step before starting ecommerce inventory management is to prepare your inventory for the unexpected.

So that your inventory is prepared for any future conditions related to future demands and customers and their aspirations, here are a number of important information on how to better predict future orders:

1. Inventory financing

Inventory is one of the most valuable assets that a company owns, and it needs to have sales before it can be invested in.

Inventory financing helps you achieve the continued growth of your business.

Therefore, you need to provide a suitable source of financing along with a suitable plan in the event of a gap in your cash flow.

2. Inventory forecasting

Inventory forecasting will help you easily meet future requirements, and you can forecast using your historical sales data as well as other trends.

Also, one of the most important advantages of inventory forecasting is the possibility of reducing the required inventory in addition to increasing sales while reducing employment.

Thus achieving more efficient and effective production cycles.

How Inventory Management Enhances Your Ecommerce Strategy

Strategic inventory management can greatly enhance e-commerce, as it effectively helps in:

• Fixing errors associated with inventory management and thus avoiding a lot of huge costs and losses.
• Giving your business a significant competitive advantage.
• Knowledge of purchasing behavior and a new understanding of where your products are in their lifecycle.
• Strengthen the relationship with your customers and suppliers.
• Handling e-commerce inventory efficiently.

All of these things will work effectively in enhancing e-commerce operations, thus increasing revenues, growing companies, and maintaining or gaining their reputation in the market.

Why do eCommerce stores need this level of inventory control?

Online stores spend more on shipping than the value of the products themselves, and this is a big problem for online stores all over the world.

So the costs of inventory management issues globally are well over a trillion, and this is a very huge cost, so there is a lot of importance to inventory management and control.

All e-commerce businesses need this level of inventory control system to verify that the e-commerce business has the correct inventory levels.

Correct stock levels are meant to be those levels needed to fulfill all customer orders on time.

Therefore, inventory control is a vital process that helps in improving inventory clearly, as it works to keep the most important units of products without spending a lot of money.

Features for in good ecommerce inventory management software

These are the core features that business owners and finance directors will want. If you’re considering an inventory solution that lacks one or more of these features, then look elsewhere.

Although it is difficult to have e-commerce inventory management software that includes all the features at the same time and the features differ according to the nature of the establishment that works in e-commerce,

However, there are a number of basic features that a good e-commerce inventory management software should have, and the following are the most important ones:

1. Real-time inventory tracking

Which shows you what you have in stock at the moment. It is one of the most important features of good e-commerce inventory management software that you will rely on.

2. Real-time inventory value

which will help you determine the current value of your inventory, as it provides a live display of the value of your inventory and can track variable costs efficiently.

3. Reorder points and low stock alerts

Which will provide you with automatic alerts when critical stock is low, as well as the ability to quickly create a purchase order to process the order in real time.

4. Purchase and supplier management

Which works to control inventory and purchases as well, by storing all your suppliers’ details centrally, as well as the ability to create and fill your purchase orders automatically.

5. Unlimited SKUs

Which is one of the most important features of e-commerce inventory management software, as it helps you add an endless number of products, giving you a better chance for your business to grow.

6. Proper inventory reporting

The reporting feature should be available automatically on a monthly basis without the need to generate it manually,

Which will make your operations more efficient by providing periodic reports that tell you more about your inventory, such as:

• Turnover and average days of sale per SKU.
• Inventory lifetime.

7. Barcode scanning and serial number tracking

Which will help make the data entry process easier, and thus systems update with the click of a button. Effectively scanning the barcode and tracking the serial number helps in moving faster as well as visibly reduce errors.

Also, scanning the barcode and tracking the serial number works efficiently in tracking products and thus knowing their path until they reach their final destination, as it provides all historical data on the products.

8. Adaptability

One of the most important features of ecommerce inventory management software is the ability to adapt, so that it better suits your business needs and is constantly renewed.

Is inventory management software right for eCommerce SMEs?

Some believe that inventory management software is not important for small and medium-sized e-commerce businesses.

In fact, this is a misconception, as the inventory management software is suitable for small and medium-sized e-commerce businesses.

But if small and medium-sized e-commerce establishments are able to organize the order without software and are also unable to afford the e-commerce inventory management software, then there is no problem.

This is because most SMEs are unable to afford to invest in programs of this quality.

But what is inescapable is the importance of inventory management software for large e-commerce establishments, but at the same time small and medium-sized e-commerce businesses can benefit from it.

It helps them in providing better inventory control as well as fulfilling customer orders faster and more efficiently, and it will also make them save a lot of unnecessary expenses.