Have you ever found yourself in a pickle because you ran out of stock? If you’re nodding your head, you know it’s not just about the oops moment; it’s about the “oh no” when customers can’t get what they want. That’s where safety stock comes in – your secret stash of goods keeps those “out of stock” signs at bay.
We answer: How can we consolidate orders? and discuss the significance of order consolidation, strategies to implement, best practices & ways to overcome challenges.
Lauren Stine, Onboarding Manager of Acctivate inventory software answers, “What is landed cost?” and discusses its various components, how to calculate it accurately, and best practices for managing it.
Have you ever found yourself in the warehouse, surrounded by piles of products that don’t seem to budge? Or worse, faced the dreaded shelf ghost-town where that hot-ticket item should be sitting? It’s the classic tale of inventory woes – too much of one thing, not enough of the other. It’s like Goldilocks in the business world, but the porridge is either frozen solid or boiling over.
This article discusses obsolete inventory, from its causes, challenges to how to easily conquer it.
We answer: Why is traceability important? and discuss its role, significance in supply chain management, how it builds consumer confidence, and inventory software for traceability