Archive for the ‘Inventory Management’ Category

How to make your fulfilment process more efficient

How to make your fulfilment process more efficient You might not even be aware of this, but your order management process might be costing you a lot of sales. Just think about it for a second. A payment error, a delivery issue, or even a missed order from time to time can leave your customers […]

How to manage inventory over this holiday season

With the holiday season right around the corner, if you haven’t yet prepared for the ramp-up in business, now is the time. With COVID-19 having disrupted many lives, it’s fair to say that a lot of people are looking to this holiday period with a great deal of anticipation. Some companies usually do up to […]

Stock Management in Retail Business

Stock Management in Retail Business The first and probably the most important hurdle you’ll encounter in any ecommerce business is stock management. A lot of new businesses collapse under the weight of their own products, i.e. they’re just starting out and they order way too many products. They don’t have anywhere to store them, they […]

Inventory reduction strategies for slow-moving stock

Inventory reduction strategies for slow-moving stock One of the worst nightmares of any online seller, excess and slow-moving stock can prove to be a huge headache. Not only does this mean valuable space in your warehouse is unavailable, but it can mess up your cash flow, and attempting to sell it can divert your attention […]

Alibaba Alternatives

Since the Coronavirus pandemic has hit China’s manufacturing hub, as a retailer there’s already a good chance that you are already feeling the effects of the production standstill. And unfortunately for all retailers, with China being the largest export market worldwide, the ability to source products will become increasingly difficult, no matter your location. As […]

Managing your warehouse during the outbreak

You probably have one or more warehouses to run, but with the new coronavirus outbreak, what do you do? How do you manage your workers? The basics The most important thing to do is listen to your workers. Ask them what they need. Be sure to provide them with all the essential items and protection […]

How to Maximize Warehouse Space Utilization

How to Maximize Warehouse Space Utilization Business is booming, you’re getting a lot of sales, inventory moves quickly, but you’re running out of space in warehouse. What should you do next? As previously discussed, the best way to fix this issue would be to rent/get another warehouse. But that can be too expensive sometimes, or […]

Demand Forecasting

Demand forecasting plays a critical role in every business when it comes to inventory management. It has one simple objective: to ensure you hold the correct amount of stock to maximize sales potential and profit. What is demand forecasting? Demand forecasting is the result of an analysis to determine what demand a certain item will […]