Improve Business Operations with the Perpetual Inventory System

When it comes to inventory, keeping an accurate record is crucial. This way, you would be able to tell exactly what stocks are available, what stocks are nearing zero, which ones move the fastest, and which ones are rarely sold. The Perpetual Inventory system makes all this possible, ensuring that […]

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Supply Chain Optimization

The supply chain is a network comprising manufacturers, distributors, retailers, customers, transporters, processes and application systems as well as mathematical models. This network is aimed at one purpose which entails ensuring products and services are delivered to final customers in their requested descriptions within desired time frames. However, companies must […]

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Year End Counts

Year End Counts

As if the end of the year weren’t demanding enough with rush shipping, holiday orders and vacation days, Year End Counts shows up. Even if you delay when it comes to record-keeping, you have to keep a record of everything at least once per year. Year-End Inventory is the unsold […]

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10 Things Your Competitors Can Teach You About Ecommerce Inventory Management

Starting an online business can be pretty formidable. There are numerous things to consider including the hosting, website, design, ecommerce inventory management and marketing. Here are 10 things to consider when starting ecommerce business. 1. Domain name and hosting An e-commerce website begins with dependable hosting and an ineffaceable domain […]

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FDA’s New UDI Label Requirements

In September 2013, the US Food and Drug Administration released the final ruling on legislation requiring all medical devices distributed in the United States to carry a Unique Device Identifier (UDI) label. The regulation covers all products classified as medical devices, including Class I, II, and III, InVitro, software and […]

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Warehouse Inefficiencies

An ineffective warehouse can cripple a business. There are 6 key warehouse inefficiencies to look out for: 1. Not Putting Products Away as they enter the Warehouse This may occur when there is a lack of employees at the receiving area of the warehouse. Items get backed up and never […]

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10 Ways a Warehouse Management System Pays for Itself

Warehouse management systems, normally abbreviated as WMS are best depicted as the operating processes and superior technology that optimize all functions of warehousing. These functions usually begin with receipts from merchants and conclude with shipments to clienteles, and include all movements of inventory and flow of information in between. Basically, […]

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Reality of Back Order Costs

A back order cost is a cost that occurs when an order cannot be met due to lack of inventory. This may occur due to several different factors, including forecasting errors, unexpected demand, and delays in ordering. Monetary Costs of Back Orders Many times a back order cost will be […]

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