The success of any warehouse operation relies heavily on efficient and adaptable inventory management. In the quest to go beyond basic replenishment, companies are increasingly realizing the importance of a comprehensive solution and are swiftly adopting smart stock order management systems (SOMS). This system offers a more in-depth approach to warehouse management by incorporating advanced […]
Research shows that the average inventory accuracy rate is only 65%. Such a low accuracy rate indicates a widespread issue within the industry. It’s crucial to keep the right amount of inventory on hand- especially for long-term profitability and customer satisfaction. The key to achieving inventory accuracy is increased visibility into your inventory. Without a […]
As we settle into 2023, retailers are facing significant challenges when it comes to shipping their products. According to a recent report conducted by Shopify, overall fulfillment costs remain a top concern for merchants. This underscores retailers’ ongoing struggle to balance customer expectations with the realities of logistics and shipping. These concerns are not unfounded, […]
Efficient inventory management is vital to any business’s operations. Demand for this software has nearly doubled over the past five years. There are many different options when it comes to managing products and the choice depends on your goals and the resources you have available. The goal is to find the right balance between buying […]
