How much inventory should you start with? This is one of the most common questions businesses ask. It’s an important consideration and a great opportunity to assess your inventory performance and fine-tune your strategy.The following insights and tips will help you take a closer look at your company’s inventory policy and make data-driven decisions.Let’ ...
The supply chain sector, like any industry, has many commonly used terms. This list is here to help you understand any supply-chain-related terms you encounter for the first time.AAbaft: A point on a ship, toward the stern, and hence beyond the central point of the ship’s length.Abandon: In shipping, this term refers to the act of a shipper or consignee ...
Shipping your car to a new location can feel like a daunting task. It’s not only one of the largest items you’ll need to transport, but also one of the most valuable. To ensure a smooth and successful process, here are seven key factors to consider before shipping your vehicle.1. Verify Ownership and DocumentationThis might seem obvious, but having proo ...
Outsourcing logistics has become a common practice over the last decade, with more than 75% of businesses reporting positive impacts. However, not all companies achieve the results they expect. This blog explores what outsourcing in logistics entails, why organizations choose it, and the key drivers for successful outsourcing.What is Outsourcing in Logi ...
The eCommerce landscape is evolving rapidly, and returns management has emerged as a critical component of success. In 2024, retailers faced significant challenges in handling returns, with merchandise returns reaching a staggering $743 billion in 2023. As the peak shopping season concludes, merchants are now dealing with a surge of post-holiday returns ...
Are all warehouses the same? The answer is both yes and no. This paradox might remind you of the popular Thai phrase, "Same same, but different," which captures the similarities and subtle differences between seemingly identical things. In warehouse operations, this phrase fits perfectly: while all warehouses share seven core processes, the nuances in e ...
