inventory Archives - Page 2 of 3

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

eCommerce Warehousing: Manage Your Inventory With SKUs

Inventory Warehousing

eCommerce Warehousing: Manage Your Inventory With SKUs

A big chunk of success of an eCommerce business comes from how well the order fulfillment process is done and how well the stock is maintained. Yes, you can have an aesthetic, easy-to-use website and a large, global customer base,...

January 26, 2022

Inventory

Intro to Inventory Records

Inventory is something that is continuously on the move in any eCommerce business. You have to receive, store, fulfill, and reorder your inventory simultaneously in order to optimize your eCommerce fulfillment and keep your customers happy. Building and maintaining an...

January 18, 2022

Inventory

Intro to Inventory Audits

An inventory audit compares your actual inventory to your accounts in order to keep your financials straight. It plays a vital role in the budgeting and the financial road map of your company. Inventory audits can be done internally by...

January 15, 2022

Inventory

2022 Complete Guide to Inventory: Types and Management Techniques

Inventory is the outcome of your business efforts, the products your customers know and love you for, and the goods that earn your profits. This article is a beginner’s guide to understanding how we are seeing inventory in 2022, its...

January 13, 2022

Your Guide to Inventory Management: Best Strategies and Techniques

3PL Inventory

Your Guide to Inventory Management: Best Strategies and Techniques

Inventory management is fundamental to the success of any eCommerce business. It is a part of the supply chain that helps you ensure the right amount of stock at the right time, at the right location. The right approach to...

December 30, 2021

LIFO and FIFO: What are the Differences and Applications?

Fulfillment Inventory

LIFO and FIFO: What are the Differences and Applications?

Have you been struggling to understand the difference between the two famous inventory accounting practices—FIFO and LIFO—or maybe just been pushing the thought that the two are not synonymous under the mat for quite some time now? If the answer...

December 16, 2021

The Graveyard of eCommerce: How to Avoid Dead Stock

eCommerce Inventory

The Graveyard of eCommerce: How to Avoid Dead Stock

What Is Dead Stock? Dead stock is the ghost that every eCommerce business hides in its closet and one of the scariest things to deal with. Any inventory that cannot be sold for various reasons ends up as dead stock,...

November 26, 2021

Understanding, Calculating and Tracking Pipeline Inventory for Improved E-commerce Fulfillment

eCommerce Fulfillment Inventory

Understanding, Calculating and Tracking Pipeline Inventory for Improved E-commerce Fulfillment

Being “in the pipeline” refers to something that’s on its way, and when speaking in terms of inventory management, it’s intended as replenishment of stock, overhauled products or new product launches and/or product lines. For a holistic view of the...

November 24, 2021

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Tag: inventory

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

Everything You Need to Know About the Retail Inventory Method

eCommerce Warehousing: Manage Your Inventory With SKUs

Intro to Inventory Records

Intro to Inventory Audits

2022 Complete Guide to Inventory: Types and Management Techniques

Your Guide to Inventory Management: Best Strategies and Techniques

LIFO and FIFO: What are the Differences and Applications?

The Graveyard of eCommerce: How to Avoid Dead Stock

Understanding, Calculating and Tracking Pipeline Inventory for Improved E-commerce Fulfillment

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