What is a Cold Storage Warehouse? Ultimate Guide
Recent advancements in technology have revolutionized the transportation of fresh, perishable foods and vital biopharmaceuticals across vast distances without compromising their quality. While much attention is given to refrigerated transportation, it’s essential to recognize the crucial role of cold storage warehouse and refrigerated warehousing in maintaining the integrity of these goods. In this blog, we’ll delve […]
Complete Guide to Product Assortment: Meaning, Planning, Solutions and Optimization
Crafting an effective product assortment strategy is imperative for retailers to establish a comprehensive, forward-thinking blueprint for their operations. However, this endeavour poses notable challenges. Numerous pivotal tasks vie for a retailer’s attention, ranging from managing inventory levels and budgets to allocation, often relegating the variety and assortment of merchandise to a secondary priority. Yet, […]
What is In-Bond Shipment?: Meaning, Process, and More
International trade is a place where efficiency and cost-effectiveness are of great importance. The primary thing that makes it possible for the goals to be achieved is the in bond shipment, a process in which the cargo is transferred to a foreign country and then returned to the home country. In most cases, this is […]
How Lean Logistics Can Transform Your Supply Chain Efficiency
For supply chain managers aiming to simplify their logistics, this article provides a proven methodology. The application of lean management principles to improve supply chain performance is referred to as lean logistics. It focuses on identifying and eliminating non-value-added activities to enhance the flow of goods and reduce costs. The objectives of lean logistics include […]
The Role of a Contract Warehouse in Supply Chain Management
A contract warehouse is a third-party logistics (3PL) storage facility that stores goods on behalf of a client. The client and the warehouse enter into a contract that typically spans months or even years. This agreement can feature a fixed fee structure or operate on a cost-plus model. Beyond storage, contract warehouses offer a variety […]
Economic Order Quantity: Definition, Formula and Everything You Need to Know
The demand-supply cycle is a constant battle for inventory managers. They spend many sleepless nights to match customer demand while keeping inventory costs under control. Managers have to juggle inventory management without the risk of stockouts and figure out ways to calculate the ideal order size. In this blog, we’ll understand the working principle of economic […]
Optimising Assortment Planning for Seasonal Retailers
For retail and management professionals, understanding assortment planning is crucial for crafting successful inventory strategies that drive revenue. This involves preparing product categories according to market trends and top-performing products. In this blog, we delve into the definition of assortment planning, its significance, and the various models utilised, and offer practical advice for its implementation […]
Inside Government Warehouses: The Secret Behind Public Stockpiles
Warehouses play a crucial role in making sure there is efficient storage, management and distribution of essential resources for various purposes. From emergency response and disaster management to national and defence security, these warehouses are integral to a well-functioning government infrastructure. In this blog, we will see what a government warehouse is. Let’s explore its role […]
Top 6 eCommerce Metrics to Track in 2024
Running an online store is no joke. You must pay close attention to key metrics and KPIs to measure your website’s online performance. There are plenty of things to consider like bounce rate, the pattern of visitors, and the cost of acquiring new customers. eCommerce metrics gather insightful data that can be converted into meaningful actions […]
Unlock Hidden Profits: The Game-Changing Benefits of Supply Chain Cost Optimization
Since you’re spending quite a hefty amount on your supply chains, you might as well get the most out of it. That is why you need supply chain cost optimisation. This process refers to all the efforts the supply chain managers make to reduce the costs of different operations and logistics. They can do so […]
What Is Demand Management? How To Forecast & Manage Demand in 2024
Ever find yourself blindsided by customer requests or struggling to meet order demands? The uncertainty of product demand can be overwhelming, adding unnecessary stress and potentially harming your business if not managed effectively. Demand management offers a solution by leveraging historical data and current market trends to forecast, regulate, and prepare for customer demand. By […]
A Guide to Implementing Zone Picking in Your Warehouse
Struggling with slow picking speeds and warehouse inefficiencies? Zone picking might be your answer. But what is it? This strategy, also known as “pick and pass” divides your warehouse into zones, each with dedicated pickers assigned to specific SKUs. The pickers will pick items from their assigned zone. Ready to discover how this strategy works? […]
