Inventory Management
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Inventory Management
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by Administrator 08.10.2016
It was Bill Gates who said, “The internet is becoming the town square for the global village of tomorrow.” Well, “tomorrow” is now. Today’s tech tools have changed how we shop. We can browse in a store, or browse online. We can order stuff with our cell phones. We can even...
It was Bill Gates who said, “The internet is becoming the town square for the global...
It was Bill Gates who said, “The internet...
Inventory Management
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Inventory Management
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by Administrator 07.25.2016
Summer is the perfect time for retailers to clear out old inventory to make room for new merchandise in time for the Christmas season.  But how can you best determine what items in inventory should be marked down now so that summer shoppers looking for bargains will come to your retail business...
Summer is the perfect time for retailers to clear out old inventory to make room for new merchandise...
Summer is the perfect time for retailers...
Inventory Management
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Inventory Management
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by Administrator 07.18.2016
There’s a phenomenon catching on in a big way this summer. Perhaps you’ve noticed it. People of all ages, from kids on up, roaming around in odd places, with smartphones outstretched in front of them in search of a virtual character named Pokémon.  It’s a digital game called...
There’s a phenomenon catching on in a big way this summer. Perhaps you’ve noticed...
There’s a phenomenon catching on in...
Inventory Management
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Inventory Management
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by Administrator 07.14.2016
Moving out inventory quickly and efficiently is good for business. But, there is a fine balance to that. “Sorry, this item is temporarily out of stock” is never a good message. You don’t want to disappoint potential customers. The risk for a bad review on social media is far too great...
Moving out inventory quickly and efficiently is good for business. But, there is a fine balance...
Moving out inventory quickly and efficiently...
Inventory Management
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Inventory Management
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by Administrator 06.30.2016
As with anything else in business, there’s a right way and a wrong way to manage inventory. By planning ahead and establishing a solid foundation of best practices, you can better position your warehouse and your organization as a whole for ongoing success. If you could use a little guidance in...
As with anything else in business, there’s a right way and a wrong way to manage inventory....
As with anything else in business, there’s...
Inventory Management
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Inventory Management
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by Administrator 06.28.2016
Did you know that 40% of the entire world population has shopped online at one point or another? That staggering number is evidence that eCommerce is one of the most lucrative business initiatives the world over. Of course, landing these customers for your own benefit is only half the battle. Retaining...
Did you know that 40% of the entire world population has shopped online at one point or another?...
Did you know that 40% of the entire world...
Inventory Management
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Inventory Management
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by Administrator 06.20.2016
How your company manages its inventory can tell a lot about the overall success of the firm as a whole. If your inventory team is on top of their game, using the right tools and implementing effective strategies, your business will flourish. If there’s inconsistency, over or under stock situations...
How your company manages its inventory can tell a lot about the overall success of the firm...
How your company manages its inventory can...
Inventory Management
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Inventory Management
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by Administrator 06.12.2016
There are a great number of factors that go into the cost of managing inventory, not the least of which is supplier lead time. Long delays can lead to incurred losses for your business, including a dip in customer satisfaction that could impact your bottom line. To increase the likelihood of your products...
There are a great number of factors that go into the cost of managing inventory, not the least...
There are a great number of factors that...
Uncategorized
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Uncategorized
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by Administrator 06.06.2016
Anyone who has experienced the joys of inventory control understands that one of the most critical components of this task is keeping costs down as much as possible. The key is striking the optimum balance by keeping only the amount of inventory on hand as is needed. Failure to do so effectively will...
Anyone who has experienced the joys of inventory control understands that one of the most critical...
Anyone who has experienced the joys of inventory...
Inventory Management
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Inventory Management
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by Administrator 06.06.2016
Counting inventory is one of the least-liked activities for most warehouse professionals, but, alas, it’s par for the course. The good news is there are some things you can do to help make the entire process less overwhelming, more efficient and therefore quicker to complete. You can also...
Counting inventory is one of the least-liked activities for most warehouse professionals,...
Counting inventory is one of the least-liked...
Inventory Management
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Inventory Management
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by Administrator 06.01.2016
Today’s technology enables businesses to connect and compete at an incredibly high level, and the warehousing industry is no exception. Things like cloud computing and advanced software have virtually revolutionized the warehouse management function, streamlining operations, maximizing efficiency...
Today’s technology enables businesses to connect and compete at an incredibly high level,...
Today’s technology enables businesses...
General Information
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General Information
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by Administrator 05.21.2016
In order for a manufacturing company to be successful, the production process must be optimized as much as possible. That includes managing employees, materials, inventory levels and costs in a way that maximizes efficiency and stays comfortably within the proposed budget. To follow are several tips...
In order for a manufacturing company to be successful, the production process must be optimized...
In order for a manufacturing company to be...
Inventory Management
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Inventory Management
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by Administrator 05.18.2016
‘Supply chain operations’ involves managing inventory in a way that maximizes efficiency, optimizes performance and increases profitability. It’s inclusive of the entire inventory process, from initial procurement of stock, to adequate storage and maintenance of that stock, and...
‘Supply chain operations’ involves managing inventory in a way that maximizes...
‘Supply chain operations’ involves...
General Information
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General Information
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by Administrator 05.07.2016
Like it or not, people make mistakes. Until we are able to shift the entire inventory management process to machines, the human element will remain to some degree, which means there will always be room for some type of error. As with anything else, some inventory mistakes are more costly and impactful...
Like it or not, people make mistakes. Until we are able to shift the entire inventory management...
Like it or not, people make mistakes. Until...
Inventory Management
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Inventory Management
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by Administrator 05.01.2016
Inventory management may seem like a standalone task, but in reality, it’s something that can be further optimized for benefit of the entire organization, provided it’s properly integrated with other key back office functions. If you haven’t yet done so or are still on the fence, here...
Inventory management may seem like a standalone task, but in reality, it’s something...
Inventory management may seem like a standalone...
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