The Business Owner’s Guide to Improving Inventory Accuracy How much does poor inventory accuracy cost? According to the latest research, 53% of all non-grocery markdowns are a result from bad inventory decisions. 50% of US retail decision-makers cite inventory misjudgments as their primary barrier to full-price sales.
The Top 7 Warehouse Wastes and How to Eliminate Them In this article, we’ll explore the concept of warehouse waste, its detrimental impact on operational efficiency and profits, and strategies to mitigate it. Drawing on principles from lean manufacturing and continuous improvement, you’ll learn how to identify the seven most common types of warehouse waste […]
The Warehouse Owner’s Guide to Warehouse Safety 25% of all workplace injury claims are due to slips and falls. Each year, the US Bureau of Labor Statistics reports 95 million lost work days due to these claims. Prioritizing safety isn’t just nice for your employees. It’s critical to operating a lean supply chain that isn’t […]
Your Company’s Guide to B2B & B2C & DTC Fulfillment Business Models In 2018, consumers spent over $517 billion online with U.S. companies. Each year, ecommerce takes a larger bite out of traditional retail sales as consumer demand for online shopping and convenient delivery grows stronger. As a result, your company has a huge opportunity […]
Why do so many savvy business owners spend a fortune on shipping? Because they don’t rate shop. If you’re a business owner, you’ve likely spent plenty of time negotiating with suppliers and optimizing your operations to reduce labor costs. But when was the last time you took a hard look at your shipping rates? Do […]
