In thisarticle, we dive deep into the intricacies of inbound and outbound logistics, emphasizing their pivotal roles in a company’s supply chain. We’ll guide you through understanding the differences between these two logistics types, their optimization strategies, and the overarching importance of an integrated supply chain management approach. Key Takeaways: Inbound logistics focuses on the […]
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 […]
Safety Stock 101: How to Find Right Safety Stock Formula A strategic supply chain management system is vital to the success of any product-based operation. It can lead to increased customer satisfaction, reduced operational costs, and steady cash flow for your business. Consider this: an unexpected delay on a shipment of car parts can cost […]
3 Biggest Online Marketplace Problems You Must Avoid At All Costs Ecommerce business is big. There are over one million sellers on Amazon who have at least one product listed. Selling on the many online marketplaces seems like a no-brainer. While selling on these marketplaces can position your business for success, you have to consider […]
For multi-channel retailers, the holiday season within the fourth quarter is the single most important sales period of the year. Multi-channel retailers make almost 40% of their annual sales in the fourth quarter. The majority of these sales occur in a six-week period between November 1st and December 15th. Now that the latest holiday season […]
