Out of the box, all Logicbroker customers have access to report visuals. These provide a view of both company and partner performance. By default, there are three dashboard views that can be used as-is or as template to edit and customize.
Out of the box, the Logicbroker portal provides powerful, yet simple to understand, configurable performance scorecards for both retailers and suppliers. Retailers can monitor their suppliers’ performance and ensure everyone adheres to their service level agreements (SLAs) while suppliers can track how they are performing and scoring with their retailer integrations. The overall scores are based on a letter grade ranging from A+ to F, and are weighed based on 3 parameters: shipment time, percent shipped, and percent cancelled.
Online shopping popularity continues to soar, as the convenience it brings pairs well with the busy lives consumers lead today. With just a few clicks, shoppers can access a limitless catalog of products. Enter drop shipping. The practice of drop shipping, also known as direct to consumer (D2C), vendor direct, vendor to consumer, and vendor direct to consumer (V2DC), allows retailers to open up an endless aisle of virtual inventory and suppliers/brands can partner with more retail channels to increase product sales. Before jumping too far ahead, let’s cover drop ship 101 - you’ll have your degree in no time!
It’s no secret eCommerce sales continue to skyrocket each year. U.S. online retail sales will exceed $506 billion this year and by 2022, will surpass $712 billion, according to Forrester Research. With the conclusion of Black Friday and Cyber Monday 2018, Logicbroker wanted to share some interesting findings we saw during this peak shopping time.
The next step in the drop ship automation and supply chain data integration for Retailers
Today’s retailers and brands are faced with numerous challenges. With talks of the ‘Retail Apocalypse,’ store closings, and on the more positive side, a projected retail growth of 4% this year there are many opposing views on the current state of retail. Regardless, executing an omni-channel strategy is crucial and should not be ignored. Brands and retailers both must adopt a seamless, cohesive strategy when selling direct to consumer (DTC).
With just a few short weeks before the eCommerce event you simply will not want to miss, we wanted to thank our fantastic sponsors. Without their support, this event would not be possible. Without further ado, here is our Sponsor Spotlight!
What are you doing September 13, 2018? Well, if Connected Commerce is not on your radar, we’re about to fill you in on this can’t-miss event!
Electronic data interchange (EDI) is the structured transmission of data between organizations by electronic means. Today, EDI is a mandate of large retailers, but it took many decades to get to this point. Here is a brief timeline and overview on the history of EDI. EDI is popular with, and a mandate of many large retailers. To best offer customers a wide variety of products, these retailers turn to a drop ship model. Drop shipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third party and has it shipped directly to the customer. As a result, the merchant never sees or handles the product. EDI enables all order documentation to be sent between the third party drop ship vendor and retailer quickly and efficiently, enabling a seamless order lifecycle.