Inventory Archives - Page 2 of 4

How to Write-Off Inventory

A Step-by-step Guide to Writing Off Inventory While inventory write-offs are nobody’s favorite activity, they are essential to save yourself from landing in a major budget confusion crisis. Not writing off inventory timely can lead to lots of mismatching between...

January 3, 2023

Complete Guide to Managing eCommerce Returns

eCommerce Fulfillment Inventory

Complete Guide to Managing eCommerce Returns

Each year, customers return a massive chunk of orders placed online which cuts down the profits of a business. This happens because companies need to account for the storage space and disposal of returned products, cater to the cost of...

May 23, 2022

Guide to Inventory Positioning & Improving Warehouse Efficiency

Inventory Warehousing

Guide to Inventory Positioning & Improving Warehouse Efficiency

Inventory positioning is the strategic organization of your purchased goods so that your eCommerce business benefits from greater warehousing efficiency and customers enjoy consistent order accuracy. This article will provide insight into the importance of inventory positioning, share proven pointers...

May 20, 2022

Understanding Omnichannel Order Management

3PL eCommerce Fulfillment Inventory

Understanding Omnichannel Order Management

Omnichannel order management is the process of picking, packing, and shipping orders across multiple sales channels. In this strategy, businesses fulfill and deliver the customer’s orders regardless of which channel the order has been placed. With the explosive growth of...

May 6, 2022

Differences Between an Agile Supply Chain and Lean Supply Chain

Fulfillment Inventory

Differences Between an Agile Supply Chain and Lean Supply Chain

The supply chain in today’s world of eCommerce has become much more complex. Ever-changing consumer behavior and market dynamics are the driving force of modernization and agility in the supply chain to achieve the goal of customer happiness and business...

April 22, 2022

Inventory

Perpetual Vs. Periodic Inventory: Differences Between the Two Inventory Systems

The survival and success of a business heavily depends upon carefully conducted practices of inventory management. The right choice of an inventory management system (IMS) is integral for preventing stock-outs, avoiding unnecessary inventory carrying costs, and ensuring overall profitability. While...

February 23, 2022

Inventory

Everything You Need to Know About the Retail Inventory Method

The Retail Inventory Method (RIM) enjoys some popularity among businesses due to its value in providing informed estimates of the inventory, especially while dealing with time limitation and/or pipeline inventory. While it has some notable pros, the method has some...

February 21, 2022

Optimize Your Warehouse Management with Shipping and Product Barcodes

Fulfillment Inventory Shipping

Optimize Your Warehouse Management with Shipping and Product Barcodes

From physical stores to eCommerce platforms to warehouses and shipping centers, if you are dealing with physical goods, barcodes are found and used everywhere. These little black and white lines are used for more than just organizing products in your...

February 18, 2022

Effects of SKU Proliferation on Your eCommerce Business

Inventory

Effects of SKU Proliferation on Your eCommerce Business

Introducing and implementing the SKU system to your eCommerce business can be exciting and challenging at the same time. If not done correctly, it could damage the whole inventory management system. You may be wondering how a bunch of codes...

February 16, 2022

SKU Rationalization: What Is It and How Can It Benefit Your Business?

Inventory

SKU Rationalization: What Is It and How Can It Benefit Your Business?

Have you ever been confused about whether to keep a product or take it off the shelves? There might be multiple reasons behind it, such as too much inventory, too little warehouse space, dead stock, overstock from the holiday seasons,...

February 15, 2022

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Category: Inventory

How to Write-Off Inventory

Complete Guide to Managing eCommerce Returns

Guide to Inventory Positioning & Improving Warehouse Efficiency

Understanding Omnichannel Order Management

Differences Between an Agile Supply Chain and Lean Supply Chain

Perpetual Vs. Periodic Inventory: Differences Between the Two Inventory Systems

Everything You Need to Know About the Retail Inventory Method

Optimize Your Warehouse Management with Shipping and Product Barcodes

Effects of SKU Proliferation on Your eCommerce Business

SKU Rationalization: What Is It and How Can It Benefit Your Business?

Supply Chain Capacity Tightening Up Again

Container Capacity Tightens, Shippers Weigh Diverting to West Coast

Harnessing AI: Revolutionizing E-Commerce for a Smarter Shopping Experience

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Supply Chain Capacity Tightening Up Again

Container Capacity Tightens, Shippers Weigh Diverting to West Coast