Scaling across multiple suppliers and regions reduces the risk exposure for companies. Through freight consolidation, companies can simultaneously reduce overhead costs and leverage economies of scale by taking advantage of more efficient shipping rates. Establishing a comprehensive onboarding process for new suppliers, coupled with clear operating practices, can help maintain standards and ensure accountability as […]
Supplier Marketing & Management
Now, a successful business can pinpoint the growing tendencies and predict the dynamics of the changing needs ahead of time. The flexibility of a new system allows businesses to adjust, redirect resources, and eliminate delays and losses. Digital supply chain transformation can ensure a smooth transition into the future while also protecting businesses from further […]
by Slyvia Dougherty The purpose of lead generation is to find potential customers and convert them into sales, but unfortunately, more than half of marketers do not succeed. A HubSpot study found that 61 percent of marketers struggle to generate leads. What is the best way to find qualified leads and convert them into sales […]
It’s January, so that means after all the Christmas returns are handled and your store has been put to rights again, it’s time to do your physical inventory and figure out exactly where you are in real time vis-a-vis your merchandise stock.
by Kasey Cover, Digital Marketing & Consumer Loyalty, FasTrax Solutions It’s important that you keep an eye on your most important investment: your inventory. FasTrax’s Warehouse solutions handle the heavy lifting of your inventory management needs so you don’t have to. It all starts with software and barcodes, and a not-so-secret solution: handheld devices. Fastrax’s […]
Inventory changes constantly. Throughout each day, sales, returns, new receipts—even damage and theft—affect your stock levels.
The truth is that for many of the older, long-established warehouse and inventory management companies, their dated legacy systems and stratified pricing structures keep them rigidly locked into an old-fashioned system whereby only their largest retail clients are offered the best company products and reports, shutting out smaller retailers from the best management tools.
Inventory management has come a long way since the days of clipboards or spreadsheets.