Oct 28, 2017 | Business Tips
ShareTweetShare See if you can answer this question: What does the U.S. military and Walmart have in common? Here’s a hint: They both value efficiency and expediency. Still don’t know? Alright, we’ll tell you. The military and WalMart both used cross docking to...
Oct 7, 2017 | Business Tips
ShareTweetShare In a competitive market, cutting costs is a smart way to stay one step ahead of everyone else. So what costs should you cut? Well, you could hire a 3PL provider to reduce overhead costs, or replace Excel inventory management with a more efficient...
Sep 23, 2017 | Business Tips
ShareTweetShare Are you tired of sitting on your hands, waiting for your products to arrive? You may need to implement a few lead time reduction strategies. Lead times vary from industry to industry, but they should still be consistent and relatively short. If you’re...
Sep 16, 2017 | Business Tips
ShareTweetShare Do you want to know how to grow your business efficiently? Develop inventory KPIs. With them, you’ll have the data you need to make smart, strategic decisions for your business. There are many KPIs you can use to measure your performance, and we’ll...
Sep 2, 2017 | Business Tips
ShareTweetShare Do you have a traceability system in place that minimizes accounting errors? Can you verify the history and location of a set of goods in case of a product recall? Are you aware of which of your products are close to expiring and which aren’t? If you...