The Coronavirus (COVID-19) upended the global supply chain logistics, leaving supply chain managers to pick up the scattered pieces of their logistics operation. A year later the dust of the pandemic has settled, but many organizations are still struggling to absorb the shock of last year’s disruption. This guide to … Read More
How To Manage Inventory To Enable Business Agility
If you manage a product-based business, then you likely see inventory investments as a necessary evil needed to satisfy customer service requirements, maximize revenue, and keep the lights on. Managing your business agility is one of the keys to success. When managed correctly, inventory is your greatest strategic and competitive asset. … Read More
How To Pick An Inventory Management System That Positions Your Business For Success
Inventory management is no easy task. Not only does it require high levels of accuracy in tracking, counting and forecasting, the process becomes more challenging as your business grows and scales. Though daunting, effective inventory management is made easier with an inventory management system. This article explores the benefits of using … Read More
What Should Modern Supply Chain Management Look Like
2021 brings a new era for supply chain management, and a new way of doing things for businesses across the globe. This article has everything you need to navigate the post-pandemic logistics landscape, and keep your modern supply chain moving in the year to come. Lessons learned from the COVID-19 … Read More
FIFO vs LIFO: Which is the Better Method
Inventory represents the largest asset of any product-oriented business. That’s why inventory management is so important, because the way you value your inventory has profound effects on your taxes, income, logistics, and profitability. LIFO and FIFO are the most common methods of inventory valuation for product-oriented businesses. Though each has … Read More
How to Prepare for Chinese New Year 2021
The Chinese New Year (CNY) is often overlooked in the United States, but if your business relies on Chinese shipping and manufacturing, you need to prepare for the upcoming shutdown in China to avoid delays that could be catastrophic to your businesses. Fortunately, this article on the How to Prepare … Read More
What is EDI? A Guide to Understanding Electronic Data Interchange
The retail sector has enjoyed the benefits of EDI for decades. Yet, many brands still use some form of paper-based process for ordering, invoicing, and dispatching. This article has everything you need to upgrade your operation with Electronic Data Interchange (EDI) technology. What is Electronic Data Interchange Electronic Data Interchange … Read More
What Businesses Most Often Get Wrong During the Holidays
The holidays are here, which means sellers are promoting their holiday sales and customers are eagerly waiting for their orders to arrive. With so much going on during the holidays, eCommerce sellers are more likely than ever to make mistakes. Fortunately, this article has everything you need to avoid costly … Read More
The Dynamic Warehouse: Helping Businesses Of All Sizes
As businesses of all sizes—especially after this year—know, warehousing can often be one of the most inflexible points along the global supply chain. If not building out their own unique warehouses, it is common for businesses to not only enter into long-term warehousing contracts which extend far into the unknown … Read More
Order Fulfillment Vs Supply Chain: What Is The Difference?
If you do not work in logistics then terms like Order Fulfillment and Supply Chain may seem like the same thing. In actuality they are different terms that denote two entirely different functions of the logistics process. What’s the Difference Between Order Fulfillment and Supply Chain The term supply chain … Read More