It’s time for our next infographics series post! So far, we have discussed the meaning of inventory management and who needs it, along with a real example. In this one, we take a look at “Top 10 Benefits Of Inventory management.” Here they are: Increased Sales: An IMS (Inventory Management System) allows you to fulfill orders […]
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Infographics Series: Who Needs Inventory Management?
In this post, we talk about the second infographic “Who Needs Inventory Management?“And there’s a bonus – It provides us with a real example of how an inventory management system can come into use. So, let’s dig in! In simple words, Inventory Management is important for those who collaborate to do business. Collaboration can be […]
How to Select the Right 3PL Partner for Your Organisation?
A Third Party Logistics (3PL) provider is a third party business that undertakes your logistics services. These include anything to do with managing the movement of goods and services from one place to another. A 3pl provider can offer transportation, warehouse management, fulfillment services and more. They may specialize in one particular area or offer […]
Infographics Series: So you want to Manage your Inventory ?
In this new series, we take a closer look at various infographics published on our website. The first in line is “So you want to Manage Your Inventory ?“. Inventory Management refers to the process of handling the constant flow of units going in and out of your stock. It includes ordering, storage and the […]
3 Key Components of a Customer Centric Supply Chain
Customers are more aware and educated today than ever. They have set expectations of products, services and the overall experience. In this day and age, no doubt that customer centricity is driving business strategies. As a result, supply chain operations need to evolve as well, to a more Customer Centric Supply Chain. As the name […]
Inventory Management Features: Replenishment Parameters
It’s time for another Inventory Management Features post! The topic for the day is Replenishment Parameters. So, let’s dig in. Parameters, concerning with restock, are a must-have feature in any Inventory Management System (IMS). They form the foundation of your fulfillment and replenishment operations. Knowing when you need to re-stock your inventory will never cause a […]
