For a retail, wholesale or distribution company, safeguarding inventory against damage and theft is paramount to ensure continued profitability. We have enlisted the main actions you can adopt to ensure the security of your warehouse. Use it as a checklist to review your current safety measures, identify and address possible vulnerabilities.
Access to information must keep up with the rapid pace that today’s cyber economy drives your business. Moreover, it must be available where and when needed to inform sound decision-making.
Data visibility and accessibility can turn your business around. So how do you not only compile data, but analyse it to acheive true operational insight?
Whether you store your retail or wholesale inventory in your own warehouses, or you are a third-party logistics company responsible for fulfilment and #distribution of external clients’ products, you depend on one or multiple carriers to deliver your goods.
We have enlisted the 5 top benefits of having an integrated Application Programming Interface (API) with carriers:
Picking is the part of the fulfilment process that can directly enhance or jeopardize customer satisfaction, so you should regularly review the efficiency of the methods you’re using, noting their strengths and weaknesses.
To help you assess which method bests suit your business, we've compiled a video briefly describing the most common picking methods:
SKUs and UPCs serve different purposes. SKUs are internal codes used to track inventory, while UPCs are standardized external product indentifyers. Whether you need SKUs, UPCs or both depends on what you're using them for and where you sell your products and services. Understading their main differences will help you decide which code(s) you need to use:
The ease of the shopping experience combined with buying without trying inevitably leads to consumers exchanging or returning products. And returns are notably more frequent during the holiday season.
Is the prospect of having to deal with returns spoiling your holiday sales excitment? We’ve enlisted a few strategies to help you drive profit from returns this season:
The demand for transport and logistics as a service is growing, driven by the rise of online shopping. This opens an opportunity for retailers and transportation companies alike, to broaden their service offerings to include storage and fulfilment. However, there is more to becoming a 3PL than just adding "Logistics" to the company’s name.
SKUs make it much easier to keep track of inventory at each DC location. Moreover, analysing attribute level data helps clarify the impact of each SKU on sales, helping managers with deciding which variations to add or eliminate from distribution.
But what exactly is SKU? Watch this brief video to find out:
As voice has grown in popularity in many people’s personal lives, it has also become more common in the warehouse. Today, millions of warehouses across the world are running their picking processes, receiving, put-away, interleaving and more with voice.
New technologies are reinventing supply chains, by digitally connecting every single manufacturing, fulfiling and distributing process in a holistic view. Software solutions and networked devices are significantly boosting efficiency and productivity.
We’ve enlisted the top trends that are shaping the supply chain of the future: