Articles

Inventory Management

Ryan Kelly

Balancing Inventory for a Better Customer Experience

Q: How is e-commerce impacting inventory management for retailers? A: Inventory is a costly investment for retailers. With the growth of e-commerce, retailers have identified a potential opportunity to reduce working capital by thinning inventory at brick-and-mortar stores—opting instead to maintain major portions of inventory at distribution centers upstream. By adopting this strategy, retailers are […]

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Sid Geddam

Building the Connected Warehouse

Boxes, pallets, and forklifts aren’t the only things that move throughout a warehouse. Data also flows across a range of warehouse business processes, from the receipt of goods to storage and tracking, picking and packing, and outbound transportation. How effectively a business utilizes that information has a massive impact on warehouse and supply chain performance. […]

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Gary C. Smith

Product Philanthropy: An Efficient Way to Move Unwanted Inventory

While businesses have made great strides in inventory management, many have yet to adopt a truly efficient, cost-effective process for moving unprofitable stock. Discounting merchandise eats into profits and devalues the corporate brand. Liquidating is even less profitable and more laborious. As a result, many otherwise efficient operations end up housing idle stock far longer […]

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Joe Bellini

Inventory Replenishment: Why Push When You Can Pull?

Today‘s supply chains are undergoing significant pressures to become more demand-driven. Retailers, distributors, and manufacturers must choose the approach they hope will make the most profit. Should you produce goods according to demand forecasts, or by reacting to what consumers already bought? Companies are investing in a new generation of cloud technologies that enable the […]

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Jeff Vielhaber

Communication is Key When Optimizing Logistics Networks

Within any logistics network there are vendors, warehouses, distribution centers, service operations, transportation routes and hubs, carriers, freight forwarders, importers, exporters, and more. The idea of optimizing all of it is enough to give anyone a splitting headache. The goal of optimization is to reduce costs while becoming more efficient. To do this, some companies […]

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