Backorders and Supply Chain

What Are Backorders? A backorder occurs when a customer places an order for a product that’s temporarily unavailable but expected to be delivered once stock is replenished. For shoppers, this usually means a longer wait between the purchase and the delivery date. For businesses, however, it’s a chance to secure revenue in advance, maintain a […]

Everything You Need to Know About Stock Keeping Units (SKUs)

Introduction In the fast-paced world of retail and ecommerce, efficient inventory management can make or break a business. One essential element that keeps everything organized is the Stock Keeping Unit, commonly known as an SKU. But what exactly is an SKU, and why is it so important for your business?This guide covers everything you need […]