What is forward picking? Forward picking is a picking process where inventory is typically replenished from reserve or bulk storage. This method is used for both piece and case order picking. [...]
What is central dispatching? Central dispatching is the term for when all dispatch functions are consolidated to one central location. Data collection technology is usually a key element — this [...]
It’s been a while, but we’re finally back with another installment in our Integration Spotlight series. As ERP software evolves into a landscape made up of relevant modules, finding [...]
What is ABC analysis? ABC analysis is a method used to classify items in a business’ inventory. Using this method, warehouse managers rank various items in their inventory into three [...]
What is CPFR? Collaborative planning, forecasting, and replenishment (CPFR) is a business practice that combines the intelligence and capabilities of multiple trading partners in the planning and [...]
What is an RMA? A return merchandise authorization (RMA) is an authorization provided by a vendor that permits the return of a product. Most businesses have a return policy, and an RMA serves as [...]
This post was written by SalesPad partner FMT Consultants. We’re delighted to share their insights on why your Dynamics GP unit of measure schedule is so important. When configuring inventory [...]
What is non-stock inventory? Non-stock inventory refers to products that your business carries “in theory.” In other words, these are products that you don’t sell [...]
Distribution in the Time of Coronavirus It’s been stunning to see how quickly life in the United States has changed as a result of the coronavirus. We watched from afar for a time, but now [...]
What is fourth-party logistics (4PL)? Fourth-party logistics, or 4PL, is when supply chain logistics are managed on behalf of a primary client and one or more partners. It differs from [...]
Nothing really compares to a powerful ERP solution. Every business, from a mom-and-pop store to a multinational company, can find value in it. ERP, or Enterprise Resource Planning, is a software [...]
What is Absorption Costing? Absorption costing is the process of assigning value to your inventory that accounts for the costs of each unit of production. In most cases, you can calculate a fixed [...]
What are supply chain network design systems? Supply chain network design systems are the systems put in place to optimize the relationships among the disparate elements of the overall supply [...]
