“If managing the supply chain is like fetching a hungry baby a bottle, then logistics is the thankless trek up and down the stairs in the middle of the night.” ~ Benn Bekic, CSO, WiseTech Global According to Deloitte, 79% of companies with ... Read more →
Sitting at the center of any smooth e-commerce operation is a warehouse management system (WMS). Read more →
Warehouses may be known for storing goods, but in today’s e-commerce world, they’ve become a hot commodity. Read more →
Your goods are incredibly valuable. You can’t just acquire inventory. You have to safeguard, store, and manage it. All of these activities cost money. Read more →
A lot has changed between commerce and ecommerce. Digitalization may have transformed every aspect of the business but one – logistics. Read more →
First in first out (FIFO) warehousing means exactly what it sounds like. It’s an inventory control method in which the first items to come into the warehouse are the first items to leave. Similar to the service industry concept of “first come, first ... Read more →
You can use cross-docking to reduce warehouse waste and free up capital tied in inventory management. How does that happen? Cross-docking allows you to keep less inventory in your warehouse, and to experience faster inventory turns. Read more →
How much does poor inventory accuracy cost? According to the latest research, 53% of all non grocery markdowns are a result from bad inventory decisions. 50% of US retail decision makers cite inventory misjudgments as their primary barrier to ... Read more →
There’s a saying that, "The packaging sells the product the first time, but what’s inside sells the product a second time.” Read more →
Analysts expect the global warehouse industry to grow at a compound annual growth rate of nearly 6% over the next four years. As consumer expectations around fulfillment rise, we will need more and more warehouses to meet them. Read more →
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