In this article, we’ll unravel the significance of warehouse location codes and how they play a pivotal role in efficient inventory management. By the end of your read, you’ll grasp the methodology behind naming inventory locations, the importance of clear location labels, and the tools available to generate unique warehouse location codes. Key Takeaways: Warehouse […]
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In this comprehensive guide, you will learn about cross-docking, a warehouse management strategy that can help reduce warehouse waste and free up capital tied in inventory management. I’ll guide you through how cross-docking differs from traditional warehousing, how it’s managed, its pros and cons, the industries it benefits most, and real-world examples of successful implementation. […]
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In this article, we’ll dive into the evolving landscape of inventory management, highlighting the latest trends that are shaping the way businesses handle their inventory. By the end of your read, you’ll be equipped with insights into the innovations and strategies that are revolutionizing inventory management, ensuring you stay ahead of the curve.
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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.
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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 […]
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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 […]
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