Inventory management is an essential part of business, and getting it right can give your cash flow a real boost. Here is a look at three techniques that can make a big difference. First In, First Out (FIFO) When you make an effort to sell your oldest stock first rather than your newest stock, you … Read moreThree Inventory Management Techniques You Can’t Afford to Overlook
Improving a warehouse is an extremely difficult task if you aren’t measuring and tracking your activity. Replenishing a warehouse is something that must follow a specific set of guidelines and metrics, and warehouse management systems can make the job easier by providing a useful dashboard listing the most important statistics at a glance. However, if … Read moreThe Secret to Monitoring Warehouse Replenishment
Most companies do their best to avoid getting returns or refund requests, but it’s still an inevitable part of doing business. Sometimes the product doesn’t meet a customer’s expectations or an incorrect item is sent, necessitating an exchange or refund. Many sales departments have a hand in some part of the returns process, like dealing … Read moreReturns Pose Challenges in the Warehouse
With the constant stream of dramatic changes hitting the supply chain in the past decade, it can be a struggle to stay on top. Freight and transportation costs might be on the rise, but one way to keep costs down and efficiency up is by investing in a solid Warehouse Management System (WMS). There are … Read moreHow Can Warehouse Management Systems Benefit Your Operations?