With the global ecommerce marketplace valued at a whopping $2.5 trillion by 2025. Tapping into this lucrative arena requires mastering the logistics game. Here's a quick rundown of key stats and strategies to help you navigate this vast landscape:

1. Inventory Management: Streamlining can reduce carrying costs by 10-30% (Wasp Barcode).
2. Warehousing: Strategic placement can decrease delivery times by 65% (McKinsey & Company).
3. Shipping: An experienced shipping partner is vital as cross-border shipping errors can cost up to 11% of total revenue (Pitney Bowes).
4. Returns Management: A robust returns process is key with 30% of all products ordered online being returned (Invesp).

Quick Wins

• Tech Adoption: Embracing logistics tech can boost inventory accuracy by 20% (Scandit).
• Localized Warehousing: This could lower shipping costs by 25% (PwC).
• Regulation Updates: Staying current with tax laws and customs can prevent penalties amounting to 3-5% of the shipment value (OECD).

With effective logistics management, you're well equipped to secure your share of the massive global eCommerce pie.

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