Inventory optimization solutions balance inventory levels and customer demand in ways that achieve optimal customer satisfaction and business profitability. Disruptions to business are inevitable and constantly occurring—from technological advances to consumer expectations to labor strife to mergers and acquisitions to cyberattacks to natural disasters to a global pandemic. The above statement was made in response…continue reading
Inventory Management in the Food Industry
Inventory management in the food industry requires inventory control, lot & serial number traceability, and order management to ensure food quality and safety. Operating within the food industry as a distributor, supplier, or manufacturer is not for the faint of heart. Federal and state regulations surrounding food and beverages are strict, customers are demanding, and…continue reading
How to keep track of inventory
How to keep track of inventory How to keep track of inventory – that is a subject many distributors, sellers, and manufacturers ponder every day. A sudden influx of orders, the need to fulfill orders quickly, a desire to maintain consistent inventory accuracy, and a number of other challenges can all leave you wondering how…continue reading
B2B Inventory Management 101
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 The framework of old school supply chains is no longer valid.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 ecommerce, there was a more solidified…continue reading
Fulfilled by Amazon vs Fulfilled by Merchant: A Closer Look
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. ecommerce expenditures. In other words, that is 5% of the year’s nationwide…continue reading
