(Image Source: Parcel Monitor)
Logistics data is the backbone of retail; apart from helping retailers keep track of their products and inventory, it is also what allows them to stay organised and make sure they are always stocked up on the products customers are looking for. Logistics data is also essential for forecasting future sales and trends. By analysing past sales data, retailers can get a sense of what items are selling well and which ones might be worth stocking up on. This information is essential for making smart buying decisions and keeping your business afloat.
With these benefits in mind, our media partner Parcel Monitor goes into great detail on the role of logistics data in retail, as well as how exactly companies can make use of this data. Check out the full article now!
About Parcel Monitor
Parcel Monitor is a community initiated by e-commerce logistics enthusiasts at Parcel Perform. We aim to inspire the e-commerce logistics ecosystem to create a better delivery experience for everyone.
Parcel Monitor offers free parcel tracking across 900+ carriers globally on a single platform. Leveraging on our data and technology, we capture consumer trends, provide market visibility and derive industry insights while fostering collaboration across the entire e-commerce industry.