{"id":472686,"date":"2021-04-07T08:08:18","date_gmt":"2021-04-07T12:08:18","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=472686"},"modified":"2021-04-07T08:08:18","modified_gmt":"2021-04-07T12:08:18","slug":"with-new-china-warehouse-tcm-cuts-e-commerce-costs-streamlines-shipping-boosts-product-quality","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/with-new-china-warehouse-tcm-cuts-e-commerce-costs-streamlines-shipping-boosts-product-quality\/","title":{"rendered":"With New China Warehouse, TCM Cuts E-commerce Costs, Streamlines Shipping, Boosts Product Quality"},"content":{"rendered":"<h2>\nConsumers benefit from TCM\u2019s direct product QA;\u00a0e-commerce stores benefit from double-digit cost savings and more<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"left\">HERZLIYA PITUACH, Israel, April  07, 2021  (GLOBE NEWSWIRE) &#8212; E-commerce aggregator Technology Commerce Management (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=SiwHsWyomS3NkFsWqL0NhBkMwfRyack4ni8vEwjIwyZqrIFFaQL3qYdw5QPNdT2k\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">TCM<\/a>) today announced it has leased a 32,000 square foot warehouse in Ningbo Port, China. Fully managed by TCM, the warehouse eliminates the costs, risks and inefficiencies of third-party warehouse management, while dramatically improving product quality assurance and streamlining the shipping process. TCM\u2019s move results in myriad benefits for the company\u2019s e-commerce stores, as well as consumers.<\/p>\n<p>The Ningbo Port warehouse enables TCM to centralize its supply chain for all products sold by its e-commerce businesses from more than 180 suppliers. As a result, TCM will:<\/p>\n<ul type=\"disc\">\n<li style=\"margin-bottom:8pt\">Ensure all products meet its own rigorous quality standards<\/li>\n<li style=\"margin-bottom:8pt\">Streamline inventory production and reduce the need for costly inventory storage<\/li>\n<li style=\"margin-bottom:8pt\">Reduce warehouse costs by at least 50 percent and shipping costs by as much as 30 percent<\/li>\n<li style=\"margin-bottom:8pt\">Enable direct-to-consumer shipping for TCM-owned off-Amazon stores<\/li>\n<li style=\"margin-bottom:8pt\">Increase consumer access to products not currently allowed on Amazon\u2019s marketplace, such as anti-bacterial products<\/li>\n<\/ul>\n<p>In keeping with the company\u2019s mission to share the massive wealth generated by the e-commerce groundswell, TCM will funnel 20 percent of its related shipping-cost savings to philanthropic organizations, such as youth-at-risk programs and those supporting children with disabilities. TCM will also gradually move toward using sustainable shipping materials, which correlates with the company\u2019s core values.<\/p>\n<p>\u201cWe made this bold, timely decision to tackle the quality issues and cost barriers we encounter with warehousing and shipping,\u201d said TCM co-founder Gabi Bar. \u201cHaving our own warehouse on location in China puts TCM fully in control of product quality, as well as shipping timeliness \u2013 both of which are so important to building customer loyalty and business growth. It also opens up new opportunities for our off-Amazon stores on Shopify, Magento, eBay and other marketplaces to shorten delivery times to consumers.\u201d<\/p>\n<p>From the consumer point of view, TCM\u2019s warehousing strategy ensures delivered products will be of the highest quality. This keeps customers happy and encourages them to order again.<\/p>\n<p>From an e-commerce business perspective, TCM\u2019s strategy improves cash flow management for high-growth stores, reduces the amount of advance stock required for typical fulfillment processes and speeds up most delivery times to consumers.<\/p>\n<p>\n        <strong>About TCM <\/strong><br \/>\n        <br \/>Technology Commerce Management (TCM) delivers the e-commerce aggregator industry\u2019s first predictive, AI-driven e-commerce performance optimization. Using a combination of big data, artificial intelligence (AI) and machine learning (ML), TCM identifies, qualifies, acquires and optimizes e-commerce businesses with the highest empirical probability of maximizing wealth creation and ROI for all stakeholders. Founded in 2016 and based in Israel, TCM now operates e-commerce businesses on Amazon, Shopify, eBay, Walmart, Wayfair, WooCommerce and more. Learn more about TCM at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xEH0AQLoXcANIBVxBHtC1Ndd9AU36v8FpRh8S6eGYaPJ8r4RgXhd1JF8CMRm0OJudWdKMsaBfYlE9YHuRVf4gtm2Ivm7sXnDTIMonCR1kjw=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>www.tcmdigital.com<\/u><\/a> and follow TCM on<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=DKCzKYF1KcSBE_i6edWTx16rv7AbCj-PW70mUypGQG8wIdEn9G9ur93hZKeSVE4pPKOPrwcR1Tid6f3AmrxXCim4AKZDe8X2YxEwrYvoO6Q=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>LinkedIn<\/u><\/a>,\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=D6Maa2FLEyjR4as8ElGjugX_E6LcVLwdrkVV8knigjea5GtcHjC7xjXFaDMYe6bSVqQKK8WZc9ctpiJSq3zz5JN8p3yZXLdiVkzV5og9Mbs=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>Facebook<\/u><\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Go4QInVxM2tMMmKVtg1PuaRLMSjoOLZBr-WM70wRjNSB1JtCY5_mT1ySa4YSR4CnyK8bORWofho1ZLkZIzMixQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>Twitter<\/u><\/a> and\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=QnR-mJl6IUjn8sCgsymji0e8LycR6XQ5-y418zB6u9yJIv6dVNamYaWYs7R2hPIdScJ5oUwioRWxJiKclhX4Kalv1nC84MztOgMRGwktBx2DRsL-MmUIHVxnw6EMgOnO\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>YouTube<\/u><\/a>.<\/p>\n<p>\n        <strong>Media Contact:<\/strong>\u00a0<br \/>Michelle Allard McMahon\u00a0<br \/>Rainier Communications\u00a0<br \/>+1 781-718-3248\u00a0<br \/><u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ufXteYTDIvR10BYnZ_E8zR8HyDzpwVqTc5kfMLTSvmHpUDi4Oc7yBrvNV5ApQBj7xIc4x5IVF63NUzABTTPGyw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">tcm@rainierco.com<\/a><\/u><\/p>\n<p>A photo accompanying this announcement is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Zk5olXY0frqF9Twv5GNE6tkXZkGuiIE_-vDuNTA36yginNOWYrDjqTCpesbXbhFeLoF2_sXzIML1J0emi-E2uHKDB4TOuUsXnLp5NSZ6BbBsa5KNOF2ZoNTTMHmY5XHfEoC5XnyhenODONJTVb8rAPHMMSWadZv7HHmbS4MXd7pQE1R-jDGc7lJEuKZs9NwQrzM8U2-zbjIudLqguCsQeYGrUldOptZAH3aSEEwmHSmJRm6nkkq11EmYPF4SmmEZAM22aZ2iYKTWivjTE188-w==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/5fa884b2-aa08-4d6a-8ccf-0e3cc0849d1d<\/a><\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMjYzMSM0MTA4Mjk0IzIyMDc1ODE=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/1c1c2178-3ed3-4c1b-9dd5-0034dd21a1a0\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Consumers benefit from TCM\u2019s direct product QA;\u00a0e-commerce stores benefit from double-digit cost savings and more HERZLIYA PITUACH, Israel, April 07, 2021 (GLOBE NEWSWIRE) &#8212; E-commerce aggregator Technology Commerce Management (TCM) today announced it has leased a 32,000 square foot warehouse in Ningbo Port, China. Fully managed by TCM, the warehouse eliminates the costs, risks and inefficiencies of third-party warehouse management, while dramatically improving product quality assurance and streamlining the shipping process. TCM\u2019s move results in myriad benefits for the company\u2019s e-commerce stores, as well as consumers. The Ningbo Port warehouse enables TCM to centralize its supply chain for all products sold by its e-commerce businesses from more than 180 suppliers. As a result, TCM will: Ensure all products meet its &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/with-new-china-warehouse-tcm-cuts-e-commerce-costs-streamlines-shipping-boosts-product-quality\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;With New China Warehouse, TCM Cuts E-commerce Costs, Streamlines Shipping, Boosts Product Quality&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-472686","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>With New China Warehouse, TCM Cuts E-commerce Costs, Streamlines Shipping, Boosts Product Quality - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/with-new-china-warehouse-tcm-cuts-e-commerce-costs-streamlines-shipping-boosts-product-quality\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"With New China Warehouse, TCM Cuts E-commerce Costs, Streamlines Shipping, Boosts Product Quality - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Consumers benefit from TCM\u2019s direct product QA;\u00a0e-commerce stores benefit from double-digit cost savings and more HERZLIYA PITUACH, Israel, April 07, 2021 (GLOBE NEWSWIRE) &#8212; E-commerce aggregator Technology Commerce Management (TCM) today announced it has leased a 32,000 square foot warehouse in Ningbo Port, China. Fully managed by TCM, the warehouse eliminates the costs, risks and inefficiencies of third-party warehouse management, while dramatically improving product quality assurance and streamlining the shipping process. TCM\u2019s move results in myriad benefits for the company\u2019s e-commerce stores, as well as consumers. The Ningbo Port warehouse enables TCM to centralize its supply chain for all products sold by its e-commerce businesses from more than 180 suppliers. As a result, TCM will: Ensure all products meet its &hellip; Continue reading &quot;With New China Warehouse, TCM Cuts E-commerce Costs, Streamlines Shipping, Boosts Product Quality&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/with-new-china-warehouse-tcm-cuts-e-commerce-costs-streamlines-shipping-boosts-product-quality\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-07T12:08:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMjYzMSM0MTA4Mjk0IzIyMDc1ODE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/with-new-china-warehouse-tcm-cuts-e-commerce-costs-streamlines-shipping-boosts-product-quality\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/with-new-china-warehouse-tcm-cuts-e-commerce-costs-streamlines-shipping-boosts-product-quality\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"With New China Warehouse, TCM Cuts E-commerce Costs, Streamlines Shipping, Boosts Product Quality\",\"datePublished\":\"2021-04-07T12:08:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/with-new-china-warehouse-tcm-cuts-e-commerce-costs-streamlines-shipping-boosts-product-quality\\\/\"},\"wordCount\":515,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/with-new-china-warehouse-tcm-cuts-e-commerce-costs-streamlines-shipping-boosts-product-quality\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODIxMjYzMSM0MTA4Mjk0IzIyMDc1ODE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/with-new-china-warehouse-tcm-cuts-e-commerce-costs-streamlines-shipping-boosts-product-quality\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/with-new-china-warehouse-tcm-cuts-e-commerce-costs-streamlines-shipping-boosts-product-quality\\\/\",\"name\":\"With New China Warehouse, TCM Cuts E-commerce Costs, Streamlines Shipping, Boosts Product Quality - 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Fully managed by TCM, the warehouse eliminates the costs, risks and inefficiencies of third-party warehouse management, while dramatically improving product quality assurance and streamlining the shipping process. TCM\u2019s move results in myriad benefits for the company\u2019s e-commerce stores, as well as consumers. The Ningbo Port warehouse enables TCM to centralize its supply chain for all products sold by its e-commerce businesses from more than 180 suppliers. 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