Let`s face it that there’s no one-size-fits-all answer about fulfillment. Based on whether or not an enterprise sells throughout more than one channel, gives a subscription container service, or ships to clients throughout the world — order success calls for...
If you’ve ever shopped somewhere just to realize that you don’t have the items you need, you’re familiar with stock status (or lack of stock status). A key part of supply chain management is meeting demand while optimizing inventory and related...
Inventory will be sold. Unsold inventory can build up over time, leading to so-called “dead stock”. Dead stock accumulation is the money left on the table and can have a significant impact on retailers’ profits. It is essential to offload dead stock to keep a...
Maintaining proper inventory levels is an elegant dance that must balance consumer demand and supplier reliability. Keeping too much inventory eats up your budget in terms of warehousing costs and available capital, but you also need enough inventory to account for...
The retail supply chain is designed to enable efficiency, speed, and cost savings while ensuring that products reach the end consumer promptly. Labor costs, in particular, are logistics costs, which tend to account for the majority of total costs. Luckily, there are...