The EAP Program is a series of practical and technical training to enable you to truly activate your E-commerce potential. The most important area of E-commerce after actually generating sales and setting up your e-commerce store correctly is to ensure your business has the competitive edge by successfully managing your inventory. This video goes over step by step on:
1. International Logistics Basics; Multi-Model Logistics, Multi-Level Party Logistics and Incoterms Shipping Rules.
2. E-commerce Logistics Services; Shipping Offers Spectrum, Fulfilment Types and Returns.
3. Packaging & Labeling; Product packaging, SKU & Barcodes and Labelling.
4. Exercise; Create your SKU, Create your Barcode & QR Code and Design & Print your label.
5. Good practices
E-Commerce Inventory Management training course (Part 1) Theory
Barcode & QR Code
A Barcode is a representation that you can read quickly, with its black & white lines, with the assistance of a barcode reader. QR Code is a newer version of an older 2D barcode that employs black & white squares in an orderly way. The squares are mostly filled in black to code the information. What’s neat about QR Codes is that it’s a 2D barcodes, where you can store a massive amount of Information with alphanumeric entries. Because the reading pattern is an ordered grid of black & white boxes, a QR Code can hold a lot of information as well.
The use of QR Codes has expanded as we see how they work in more and more apps. In the banking and security industry, it has proven to be a faster and more reliable option in storing critical information as compared to a contact or business card. But these QR Codes can be used in much more than just banking or security. We hope to see more use & adoption of QR Codes in the future and encourage developers to start incorporating them more and more in their apps.
In the real world, the goal of business is to develop a product that is desired by many people. While all organizations would like to maximize sales of their product, most do not have the financial resources to distribute their product everywhere. Therefore, it is imperative to design a distribution strategy with the financial resources that are available.
Logistics is defined as the collection, consolidation, storage, handling, transportation and distribution of goods, materials, and services from a supplier to a final point of consumption. Because the logistics system affects how much a product costs and how long the logistics system takes to operate, a company’s logistics strategy is critical to its success. Logistics can be classified into two categories: multi-model logistics and multi-mode logistics. Multi-model logistics is the collection, consolidation, storage, handling, transportation and distribution of goods, materials, and services for internal usage, while multi-mode logistics is the collection, consolidation, storage, handling, transportation and distribution of goods, materials, and services to external customers. A company can use both types of logistics to cover all needs.
Companies can use any number of combinations of these components in their logistics system. Regardless of the type of logistics system, the company must decide what types of products are to be manufactured, how the products are to be produced, how many products can be produced or transported, and which location services are to be used.