What is demand planning? Demand planning is a strategy for making sure that your business stocks the right number of products. By forecasting the demand for your inventory, you’re able to [...]
What is a barcode? A barcode is a symbol made from a series of printed bars. These bars represent values, such as description and manufacturer. Barcodes can also be called UPC codes — UPC stands [...]
What are third-party logistics? Third-party logistics, or 3PL, is the term used for when supply chain logistics are managed on behalf of another business. How a 3PL service functions will vary [...]
What is workflow? Workflow is the defined path a transaction document (such as a sales order, a transfer, or an invoice) moves through until it is considered completed or fulfilled. This path [...]
What is wave picking? Wave picking is an inventory picking and packing strategy. Instead of picking items on an order-by-order basis, teams of employees pick all of each individual inventory item [...]
Item entry is one of those tasks at a product-centric distribution company that carries a pretty wide range of stress levels for the employees saddled with it. If your business deals primarily [...]
Keeping your warehouse operations in order can feel like treading water. With all the moving parts that are cooperating within your main distribution hub, sometimes it’s all you can do to stay [...]
We’ve covered intake, and we’ve tackled inventory management. What’s in store for Inventory Adventure round three, you ask? Why, fulfillment of course! You’ve got to have a sound process for [...]
Landed cost is the total cost of what it takes to purchase your products from your vendors. It includes everything from the original price of the product, to tariffs, to shipping and handling. [...]
In part one of our Inventory Adventure series, we took a look at a few guidelines for success in the inventory intake process. This time around, we’re tackling the topic of inventory management [...]
