First option is to simply make whatever you are selling yourself..
Enviado por MonikaSofy • 5 de Diciembre de 2016 • Apuntes • 267 Palabras (2 Páginas) • 153 Visitas
4 Main Supply Options for Ecommerce:
1. - do it yourself.
First option is to simply make whatever you are selling yourself.
Advantages:
- Easy entry: rely on yourself
- Complete control
- Labor intensity
2. - Turn to manufacturing
This way you will be partnering with a factory.
Qualities:
- Low cost per unit
- Scalability: you can increase production fast.
- Development time
- Minimum orders.
3. - Use drop shipping: allow you to sell someone else´s inventory advantages.
- Low cost
- Minimal management
- Little control.
- Lower margins
4. - Rely on wholesaling: In wholesaling you buy a mass of inventory and resell it in smaller quantities advantages:
- Existing establishments
- Bulk discounts
- Partnerships and regulations
How to forecast Demand the Right Way:
Here are a few ways to improve your business´ demand forecasting efforts.
1. - Use the right numbers: it is important that you check the numbers that give you the information you need to make decisions.
2. - Adjust for variables: examples, weather, different economic conditions, etc.
3. - Know your business: Learn about you customers, intuition and statistics.
4. - Constantly Refine: Reevaluate your demand forecasting and refine them to be more accurate.
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