by Learie Hercules Logistics are becoming increasingly driven by technology. Among the most significant trends are automation powered by artificial intelligence and the Internet of Things…
Browsing: Warehousing
Approximately 47 million Americans quit their jobs last year, resulting in a severe staffing shortage for businesses across industries. The latest data shows that there are…
As wholesalers navigate the ongoing labor shortages, desperately trying to ensure their warehouses are fully stocked with knowledgeable employees, companies also need to train their staff…
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.
Is your cash tied up in unsold inventory? If so, the following questions should be addressed: How did it get there? What can be done to…
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.
If your shop requires forecasting of inventory and the placement of advance orders, it is time to review your Open To Buy methods (OTB). Open To Buy is necessary for retailers to control their inventory.