Working with the right supply chain management company can help companies reduce inventory, speed the time to market, shorten cycle times, decrease costs, and free tied-up cash that can help your company fuel other initiatives. Achieving a reduction in total supply chain lead-time will contribute to inventory reduction and even prevent excess inventory. Read on …
“If it ain’t broke, don’t fix it.” You’ve probably heard this saying before, a lot. While many business systems aren’t necessarily broken, they could still benefit from improvements and upgrades. This sentiment is especially true in logistics and warehouse management. For decades, not much changed, principally because warehouses, forklifts, trucks, and other equipment do not …
In the age of online retail, customers have higher expectations than ever for store inventory and customer service. This makes it increasingly important to focus on efficient inventory management. With increased competition from other online retailers, it’s easy for them to shop elsewhere if customers are unsatisfied with your shipping and return policies. A comprehensive …
Taylored Services’ CEO Jim DeVeau began developing his logistics management skills during several decades as a retailer. His career started with iconic luxury retailer Lord & Taylor — quite literally under a cloud. “There was a hurricane hitting New York City on the day of my interview,” he recalls. When he arrived, crews were boarding …
If there’s one thing 2020 has proven, it’s that supply chain logistics can’t be managed on autopilot. Timely, up-to-date data and analytics are how you maintain resilience in your supply chain during a crisis, but more importantly, they’re also how you drive efficiency in your day-to-day operations. Efficiency, agility, and responsiveness, in turn, can drive …
In many ways, e-commerce benefitted from the upheaval brought on by COVID-19. According to Salesforce Research, the number of consumers shopping online has been steadily increasing throughout the pandemic, with 44% of respondents conducting more of their shopping online in mid-May — an increase from 42% two weeks earlier. Even after COVID-19 effects subside, 68% of U.S. …
The COVID-19 pandemic of 2020 has extended into 2021 and has wreaked havoc in virtually every corner of the globe. Businesses, both big and small, have suffered, and many have scrambled to find ways to deal with the changes the virus brought about effectively. Early on, when the United States started to be affected, suddenly …
E-commerce distribution and fulfillment strategy isn’t a “one and done” exercise. The market can change unpredictably from one year to the next, and you’ll need to change with it. There are several ways to thrive with this variability, of course. A universal method is to orient your business around a handful of core “best practices,” …
You may have found a great product that you want to sell and a ready, willing target market of buyers for it. There’s just one issue: you’re not quite sure how to ship it. With all the other issues you need to handle while running your business, you shouldn’t have to worry about shipping products requiring special …
Artificial Intelligence is being used in warehouse management to help meet customer demands through predictive analytics that innovation to traditional operations.