What is Inventory Visibility and How Can it Improve Supply Chain Performance?
Managing inventory across the supply chain can be a difficult task. If you sell on multiple channels like websites, marketplaces, and...
What is Inventory Accuracy and How to Track It Effectively?
According to a report by Mckinsey, 27% of retailers plan to have higher inventory along the supply chain. The post-COVID times...
Inventory Reconciliation: Meaning, Process & its Advantages
Inventory management is undoubtedly one of the most crucial aspects of any eCommerce order fulfillment process. The entire eCommerce business depends...
Top Warehouse Management KPIs Every eCommerce Business Should Track
There is a high chance that your business will scale towards success if its inventory is well managed, with a set...
Work in Process (WIP) Inventory – Concept and Formula Explained
eCommerce inventory management is a complicated task. More often than not, if your inventory is not synced with your incoming orders,...
The Importance of Safety Stock for your eCommerce Business
Imagine one of the products on your catalog catches the eyes of your customer and shortly after, they realize that it...
The Concept of Inventory Forecasting Explained
One out of three businesses has missed a shipment deadline because they’ve sold an item that wasn’t in stock. This is...
Types of Inventory Management System
Maintaining a healthy supply chain is a challenging task that involves various processes for different industries. A reliable inventory management system...
What is Dead Stock and 7 Easy Ways to Get Rid of It
According to a report by Wasp Barcode, over 46% of SMBs either don’t track inventory or use a manual method. These...
Types of Inventory Costs & How to Reduce It
The inventory hold for your business is one of the essential capital you have. It is what runs your business, and...
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