Inventory management combines inventory management software, processes and procedures to ensure the correct quantities of inventory are ordered and managed to satisfy customer demand.
Slow Moving Inventory: Identify, Prevent, Manage Built For Product performance varies within inventory-based businesses, so it is important to have the right tools to manage inventory overall with the ability to identify, prevent and manage the outliers, including slow moving inventory. Consider product performance in relation to the general idea of the Pareto principle (also…
How to Become a Dropship Supplier in 5 Steps Built For How to Become a Dropship Supplier in 5 Steps details the steps small and mid-sized multi-channel distributors can take to expand inventory offerings and/or maximize warehouse space by drop shipping products. Dropshipping – for any unfamiliar readers – is a method of commerce that…
B2B Inventory Management 101 Built For The virtual marketplace of ecommerce has changed the way customers shop and purchase. Today’s consumers have higher expectations and can conveniently purchase items from the palms of their hands. The framework of old school supply chains is no longer valid. Before the Internet of Things and the boom of…
Fulfilled by Amazon vs Fulfilled by Merchant: A Closer Look Built For Selling on Amazon allows companies a chance to open a lucrative sales channel, gain brand visibility and scale business. Amazon’s trusted and established technological infrastructure provides vendors with solid back-end support. The vast online marketplace accounted for a jaw-dropping 49% of the U.S….
Cycle Count Software Builds Confidence For Each Coming Year Built For Taking inventory counts can be a tedious but absolutely necessary task for product-based businesses. Often a time-consuming chore, counting inventory can sometimes even require the business to suspend operations or close temporarily. Even if it is a job that employees are not particularly fond…
9 Business Sustainability Strategies Built For Did you know that by 2025, 1.8 billion more citizens of Earth will join the global consumer class? That’s right — 1.8 billion more customers — extremely exciting for your future ROIs. The global population is expected to reach 8.1 billion by 2025. The earth, on the other hand,…