Few things are as frightening as having way too much inventory on hand if you’re an eCommerce company. That forces you to consider selling goods cheaply, scrapping some inventory, or moving that extra stock to a surplus warehouse as you […]
Every eCommerce company needs some type of warehouse. You might ship orders from your garage when you’re first starting out, but as your business grows, you’ll eventually need a more formal fulfillment operation. But do you need a 3PL fulfillment […]
Today’s eCommerce companies face more significant challenges than ever before, and many are in a rebuilding strategy after COVID shook global supply chain foundations. At the center of these developments are warehouses and their role as a lifeblood in operations, […]
The modern warehouse is equipped to handle the challenges of 21st century eCommerce. That means integrated operations and the ability to change quickly in response to changing business needs. Today’s warehouses also employ cutting-edge technology to make it all work. […]
Warehouse slotting is an inventory management tool that can increase the efficiency of your operations. Before you dive into slotting, it’s important to collect data on your past sales. You should also understand the storage and handling needs of fragile […]
Finished goods inventory is a core warehouse metric that refers to the inventory you have to store that can also sell.
What if you could choose one tool to increase your eCommerce company’s profitability? Improving your inventory management would be an excellent choice. You can use inventory management software to track the movement of products into and out of your warehouse. […]
The just in time inventory management system started as a manufacturing process. Over time, it has become popular in many sectors of the economy. ECommerce companies use just in time inventory to stay nimble in the face of changing consumer […]
A core part of every eCommerce business is order fulfillment. Both a fulfillment center and a distribution center might be part of your eCommerce supply chain. Both play a part in the fulfillment process. But how do you choose between a […]
Your company’s inventory turnover ratio is an important metric. A simple inventory turnover formula can help you understand and improve your inventory management. When you get clear about your inventory turnover ratio, you can run your business with smaller carrying […]
There are many terms for inventory shrinkage: warehouse shrinkage, product shrinkage, loss of product. They all amount to the same thing — your merchandise is missing from the warehouse shelves. For businesses that sell physical things, some amount of shrinkage […]
You might not have heard of cross docking, but it just may be the solution to your eCommerce fulfillment problems. This is a time when many online retailers are facing difficulty in keeping products in stock. Cross-docking can help your […]
