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E-commerce Expert Insights: Q4 2024
The upcoming Q4 holiday shopping season is set to be one of the most lucrative and unpredictable yet. With a perfect storm of factors in play—ranging from shifting consumer habits and economic pressures to supply chain hiccups—this season will be anything but predictable. For e-commerce sellers, it’s not just about riding the holiday wave, but…
5 Tips to Save Warehouse Energy Costs
Commercial businesses — including warehouses — accounted for 12% of the United State’s total energy consumption in 2019, consuming 9.4 quadrillion Btu. Non-refrigerated warehouses consume an average of 6.1 kilowatt-hours of electricity per square foot each year. All this energy consumption adds up, cutting into a warehouse’s bottom line. As a warehouse or logistics manager, you must balance…
5 Ways to Create an Efficient Logistics Team
Your company depends on efficient logistics to keep things moving. Logistics control the movement of resources from one location to another. Who works where and when is part of logistics, as is how products get from point A to point B. The more smoothly your company’s logistics plan operates, the more smoothly your business will…
How to Get Around High Amazon Fulfillment Costs
When you operate a small e-commerce company, getting your product on Amazon can feel like a victory. Selling on Amazon gives you access to the site’s millions of customers, potentially putting your product in front of a wider audience than you can reach on your own. The online retail giant goes a step further, offering…
How to Audit Warehouse Inventory
How does your warehouse operate? From inventory arrivals and departures to staff who need to stay safe and protected on the job, a warehouse or logistics manager has many moving parts to track. A warehouse audit lets you identify areas to improve, helps you see what you’re doing right, and alerts you to any inventory…
What Is the Difference Between Dynamic Storage and Static Storage?
When you manage one or more warehouses, you need to know what products you have in storage and where those products are in the warehouse itself. How you choose to organize your warehouse largely depends on what you do with your inventory. If you regularly ship goods from the facility, you’ll want a storage system…
Inventory Management Systems for Mobile Shops
Mobile shops are becoming more and more popular, and with an expanding client base comes a need for a more advanced inventory management system. Mobile inventory management software can be an ideal solution. Why mobile inventory management? This guide provides some tips and tricks for mobile marketing and inventory management, explains the benefits of mobile…
Demand Planning With Inventory Management
If you aren’t sure how much product your store or warehouse needs, it’s time to incorporate demand planning into your business. Demand planning is the first step in supply chain management. It’s a process in which a team determines how much product needs to be ordered for a business’s future. Demand planning is crucial to…
How to Use Freebies to Address Stock Challenges
When you have leftover products, you may wonder how to sell them. Selling excess inventory can be difficult because a large stock often means the demand for your product was lower than anticipated. There are ways to get rid of those extra products, though — two solutions are promotion and freebies. How Retailers Approach Stock…
How to Reduce Shrinkage in Retail
When you are looking over audits, paperwork and receipts, you may feel your stomach drop if the numbers are not adding up. Shrinkage is a problem that many businesses suffer from every year. If you’re searching for ways to keep your inventory and sales numbers in line, follow our guide to prevent shrinkage in retail. …
Managing Preorders to Boost e-commerce Sales
Are you getting ready to bring in a new product that you’re hoping will boost your business’s e-commerce sales? Consider using preorders to grab attention and stir up excitement for your product — while bringing in some early cash flow. When it comes to preorder marketing, the right strategy is key to a successful product…
How the COVID-19 Pandemic Shocked Demand and Supply for Retailers
The COVID-19 virus has greatly changed the landscape of commerce today. The sudden changes in consumer spending, rise in unemployment and labor and material shortages created demand and supply shock that required retailers to rapidly adapt. In the current economic situation, it’s crucial to understand how the coronavirus impacts your business so you can respond…
Delivery and Shipping for Small Businesses After the COVID-19 Pandemic
As the risk of the coronavirus dramatically changes the landscape of retail and consumer shopping behaviors, small businesses are among those most affected. If your small business is struggling to navigate the changes the coronavirus has caused, the right strategy can help you adapt to serve your customers better. What Is Retail Delivery? For the past…
10 Reasons Why You Need Automated Inventory Management and Reporting
Inventory count accuracy was one of the top five priorities for distribution centers in 2019. To keep pace with the ever-tightening demand for accurate inventory counts, warehouses and retailers need automation. Automated inventory monitoring is more reliable than manual methods, and it frees up valuable time for small business owners and logistics managers. So, what is an automated inventory system?…
The Rising Issues in Inventory Management Today and 7 Tips to Stay Ahead of the Curve
As the world increasingly turns to online shopping and expects more from retailers, effective inventory management is crucial. The need to continuously improve operations is coming into sharper focus. Getting the right amount of merchandise to the right place at the right time requires a proactive approach. Inventory managers must develop best practices to avoid…
Medical Supplies and Inventory Management
Medical inventory has a lot of moving parts. Healthcare facilities must juggle budget restrictions and fluctuating drug demands while ensuring they comply with regulations. They don’t have time to be handling spreadsheets and managing inventory, especially when a faster option is available. Inventory management for healthcare environments allows doctors and nurses to spend more time…
5 Ways to Improve Warehouse Inefficiencies
Minimizing inefficiencies is a goal of warehouse management teams everywhere. Increasing warehouse productivity has benefits for the bottom line, customer satisfaction, accuracy and many other parts of your operations. Here are five factors to consider if you want to strengthen warehouse efficiency. 1. Automating Processes If you want to boost efficiency, automation is probably at…
A Guide to Superior Warehouse Customer Service
A warehouse is an integral part of customer service. It’s the last touchpoint for an order before it reaches the customer. Make any errors here, and your customer service representatives (CSRs) may hear about it in the future. Warehouse processes have a significant effect on the speed at which customers get their orders and the…
Going Green: Creating Eco-Friendly Warehouses
Warehouses have the potential to be eco-friendly environments. Environmentally friendly efforts in warehouses can help both your business goals and the plant. You can reduce your utility bills, minimize your carbon footprint and boost your reputation, all while helping the planet. How to Go Green in the Warehouse There are many ways to implement green…