Cutting-edge industry trends and practical tips to make fulfillment excellence a competitive advantage.
For multi-channel retailers, the holiday season within the fourth quarter is the single most important sales period of the year. Multi-channel retailers make almost 40% of their annual sales in the fourth quarter. The majority of these sales occur in a six-week period between November 1st and December 15th. Now that the latest holiday season […]
The organization is an essential piece of inventory management. Your business can’t get very far if you don’t know what inventory you have. Defining SKU numbers is the very first step for a successful fulfillment business.
Picking List Guide: What You Need to Know (Free Picking List Template) As you expand your warehouses, your warehouse operations costs will rise. Among all your warehouse operations costs, labor accounts for 60-70%. Order picking accounts for more than 50% of those labor costs. Almost 70-80% of a warehouse employee’s time is spent on picking, […]
In 2017, the cosmetics industry grew by an estimated 5% globally. Not to mention, there’s plenty of room for smaller cosmetics companies to make a splash. Just look at Fenty Beauty’s explosion onto the market. Today’s consumer is more demanding and savvy than ever. Thanks to social media and influencer marketing, trends can change in […]
5 Reasons Why You Need to be Using SKU Barcodes Using SKU barcodes to help manage your e-commerce business might seem like an unnecessary step. After all, keeping track of your inventory hasn’t been too difficult so far, and there haven’t been any problems yet, right?
The Business Owner’s Guide to Improving Inventory Accuracy 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 full-price sales.
