South Koreas Ecommerce Boom Driven by Solo Households Garage Economy

South Koreas Ecommerce Boom Driven by Solo Households Garage Economy

This article provides an in-depth analysis of the "single-person household" and "garage economy" trends in South Korea, offering product selection strategies for Chinese cross-border e-commerce sellers targeting the Korean market. It highlights the significant potential of the pet supplies and automotive products markets. The article emphasizes that sellers should focus on key factors such as smart technology, high cost-performance ratio, and differentiation to accurately target the market. This approach is crucial for standing out in the competitive Korean e-commerce landscape.

FMCG Giants Tackle Supply Chain Challenges with Endtoend Visibility

FMCG Giants Tackle Supply Chain Challenges with Endtoend Visibility

This paper explores how FMCG companies can build end-to-end visible supply chains to address market volatility and challenges. It emphasizes the importance of real-time data, agile responsiveness, and strategic partnerships. The paper also introduces the key roles of technologies such as IoT, blockchain, AI, and cloud computing in achieving supply chain visibility. Embracing end-to-end visibility is crucial for FMCG companies to win in the future. It allows for better decision-making, improved efficiency, and enhanced customer satisfaction in a rapidly changing market landscape.