Are you struggling to understand your inventory’s true value? Ending inventory holds the key to unlocking crucial insights about your business’s financial health. In this guide, we’ll demystify ending inventory calculations, showing you how to boost profits and make smarter […]
Are you drowning in inventory management complexity? A periodic inventory system—which involves updating inventory records at scheduled intervals rather than in real time—could save you time, money, and headaches. In this article, you’ll discover… Let’s dive in and unlock the […]
When it comes to fulfillment, time is money—literally. The longer your warehouse spends on picking and packing orders, the less profit you see. Enter: batch picking. This tried-and-true method isn’t just about speeding up your operations—it’s about maximizing efficiency, reducing […]
Pallet racking is an essential storage solution for businesses that need to make the most of their warehouse space and efficiently manage their inventory. It’s a system of horizontal beams and vertical upright frames that create a sturdy structure for […]
Depending on what your business sells, temperature-controlled storage can be important for maintaining the quality and longevity of your products. Some third-party logistics providers (3PLs) offer this service, and you’ll find a spectrum of temperature options ranging from “cold storage” […]
Inventory management is critical to your business’s ability to meet customer demand. A perpetual inventory system provides real-time tracking of stock down to the SKU level to streamline your operations and improve efficiency. Read on to learn how these systems […]
Supply chain delays and demand spikes often mean out-of-stock items. You can quickly disappoint customers unless you have buffer stock ready to go. This extra inventory allows you to satisfy customer demands, even through supply disruptions or demand spikes. Having […]
One of the biggest challenges faced by online retailers is dead stock, meaning products that don’t get sold. Dead stock takes up space, saps resources, and erodes profits. This article explores the different types of dead stock, how they’re caused, […]
You might hear the following terms used interchangeably: fulfillment center, warehouse, distribution center, and third-party logistics (3PL). While there is some overlap, each of these terms has a distinct meaning. Here’s what you need to know when comparing a fulfillment […]
First in, first out — or FIFO — is an inventory management practice where the oldest stock goes to fill orders first. That way, the first stock purchased/received is the first to leave. FIFO is also an accounting principle, but […]
Innovative eCommerce fulfillment providers have been looking for better ways to measure and charge for warehouse storage. A volumetric storage model accurately measures the space your goods actually use, so the industry is moving toward this more precise method for […]
Cross-docking can help your eCommerce company streamline its fulfillment processes, increase customer satisfaction, and reduce order fulfillment cycle time. This post explains the cross-docking process, how it works with full truckload (FTL) and less-than-truckload (LTL) inbound shipments, and how cross-docking […]
