Articles
Inventory Management
What is Flexible Warehousing? Definition, Benefits, and What to Look For
Flexible warehousing stands at the forefront of modern logistics, offering scalability, cost savings, and operational efficiency. It empowers businesses to swiftly adapt to changing market demands and seasonal fluctuations without the long-term commitments of traditional warehousing.
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Channel Strategy: Definition, Types, and Tips
Businesses can significantly optimize the customer journey for better retention, meet business objectives, and ensure a successful marketing campaign—all by optimizing various marketing channels.
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Warehouse vs. Inventory: Their Roles And Differences
Understanding the crucial differences between warehouses and inventory is essential for operational excellence in supply chain logistics. This article explores the roles and connections between warehouse capacities and inventory management in enhancing overall supply chain efficiency. The Role Of A Warehouse A warehouse is a storage facility that efficiently stores and protects goods until they […]
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Next Year? AI is a Retailer’s Lifeline
Retailers faced a broad array of challenges this past year. What will they face next year? Does it really matter?
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Demand Planning vs. Supply Planning: Key Differences and Value
Demand planning vs. supply planning remains a cornerstone debate in the logistics sector. Both concepts are integral to supply chain management, determining many businesses’ efficiency, cost-effectiveness, and overall success. Recent studies indicate that organizations that effectively balance demand planning and supply planning see up to a 15% increase in forecast accuracy and a 35% reduction […]
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Inventory Management: Definition, Types, and Examples
Effective inventory management is the unsung hero of successful business operations, whether in the bustling retail world or in systematic manufacturing processes. It’s a critical component that can dictate a company’s ability to meet customer demand, manage cash flow, and maintain a competitive edge. According to a report by the National Retail Federation, the retail […]
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10 Tips for Boosting Ecommerce Efficiency
There are endless opportunities for smart businesses to capitalize on the growing ecommerce trend. Processing high volumes of small parcels, however, requires flawless operations at every step of the supply chain to ensure maximum profitability.
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Backorder: Meaning, Causes, and How to Limit Them
Understanding what backorders mean, their causes, and how to limit them is essential for businesses and logistics professionals. As supply chain disruptions become more common in today’s global economy, managing backorders effectively can make or break a company’s success. In this article, we explore the ins and outs of back-ordered items to equip businesses with […]
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This Ain’t Your Parents’ Inventory Cycle
Speculation has been mounting that the inventory cycle is back. Profit warnings by major American companies such as GAP, Walmart, and Target that had taken on excess inventories and now needed to run them down raised concerns that a concerted drawdown of stocks could make a likely U.S. recession worse.
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Future-Proof Your Supply Chain
Unpredictable demand has become standard, but there is no reason why it should cause your business to be unaware, unfocused, and unready. Consider these action items to overcome challenges and future-ready your operations during peak seasons.
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