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Editor’s Choice: It’s time for traditional inventory management to evolve!

Logistics Viewpoints

As a result, inventory managers have to explore new ways to cope with full warehouses. The COVID-19 pandemic is undoubtedly to blame for the warehouse shortage. Consequently, while others are celebrating a relative end to the pandemic, retailers are facing unwanted inventories piled up in warehouses.

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Using Technology to Improve Inventory Management

GlobalTranz

Using technology in the warehouse is one of the most effective ways to improve inventory management and reduce returns. Since returns represent a significant cost to companies, it is imperative for retailers to take steps to improve inventory management and manage returns.

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What Is an Inventory Management System & Its Role in Omnichannel Fulfillment?

GlobalTranz

Supply chain leaders often interchangeably refer to both a warehouse management system and an inventory management system as one and the same. The post What Is an Inventory Management System & Its Role in Omnichannel Fulfillment? appeared first on Transportation Management Company | Cerasis.

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The Go-To List of Ways to Improve Inventory Management

GlobalTranz

Today’s warehouse managers need better inventory management strategies. This is nothing new, but as the world has evolved, the ability to improve inventory management has evolved in stride. Shareholders want to increase profitability. Customers wish for better customer service.

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Striking a Balance in the Supply Chain: Navigating Volatile Supply and Demand to Meet Customer Needs

Speaker: Tony Darnell, Shipping Manager at Lippert Components

To make smart allocations, they need to visualize inventory across multiple warehouses and cater to different customer needs.

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The Evolving Warehouse: Prepare Your Warehouse for Disruption

Logistics Viewpoints

Construction of manufacturing plants and new warehouse sites were also postponed or canceled entirely due to market uncertainty. According to the CBRE Global E-commerce Outlook 2021 report , e-commerce growth will require another 330 million square feet of warehouse space in the United States by 2025.

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IoT Inspired Smart Warehouses Are Reinventing Inventory Management

GlobalTranz

The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity. Download white paper.