Remove inventory-reports returns-fraud
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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

During the “ceremony,” which begins well before the winter sunrise, Punxsutawney Phil emerges from his temporary home on Gobbler’s Knob, and according to the tradition, if Phil sees his shadow and returns to his hole, he has predicted six more weeks of winter-like weather. The shares fell as much as 7.6 percent in early U.S.

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How Returns Management Works: Process, Tips, & Best Practices

Unleashed

Returns can be a major problem for the business. The costs of additional labour and customer support can dig into your profits, and identifying fraudulent returns is never easy. The returns management process ensures that all customer returns are handled promptly and efficiently. Let’s break this down into simple steps.

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The Role of IT in Supply Chain!

Supply Chain Game Changer

This information can help companies manage inventory levels and improve customer service and engagement. This process is vital in the supply chain because it prevents your company from running out of stock while ensuring you don’t have excess inventory. Facilitating Return Of Goods. Key Takeaway.

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How Order Management System (OMS) Software Aids Retailers

Veridian Solutions

The use of an order management system can dramatically improve product cycle times, reduce errors in order fulfillment , and lend itself to better inventory management strategies. Additional benefits include improved inventory management , better order accuracy, and real-time order status reports to improve customer service.

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The Future of Grocery Shopping

Enterra Insights

For example, Michael Browne ( @mbtravel ), Executive Editor of Supermarket News , reports, “Panic-driven, stock-up shopping drove massive grocery store visit growth in the first few weeks of March 2020.”[1] ”[1] Everyone remembers empty store shelves once occupied by toilet paper, hand sanitizer, and cleaning supplies. .”[4]

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E-Commerce Needs These Supply Chain Systems !

Supply Chain Game Changer

As reported by Jeff Berman of Supply Chain 24/7 , “[up to] 70% of B2C companies and 60% of B2C companies are focused on the full implementation of their respective ecommerce supply chain strategies, with 70% of total respondents viewing ecommerce at ‘very important’ or ‘extremely important,’ as it relates to volume and revenue.”.

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Causes of Inventory Discrepancy in Your Stocktaking

Unleashed

An inventory discrepancy happens when the actual on-hand inventory stock is different from the item quantity recorded in an inventory system. Frequent causes of inventory discrepancy. Frequent causes of inventory discrepancy. Read more about inventory shrinkage. Checking for stocktaking discrepancies.