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MRO Inventory: What It Is & The 10 Best Practices to Manage It

Unleashed

Techniques for 2022 What is MRO inventory? For example, you may look after PPE and office equipment in-house but have a supplier of maintenance equipment monitor this inventory on your behalf who raises purchase orders when stocks are low. Learn more: What is Inventory Management? Why is MRO inventory management important?

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Small Retail E-Commerce Strategy and Best Practices to Know

Intelligent Audit

Here are ten best practices for shippers to thrive in small e-commerce through 2022 and beyond. . Provide Discounts on Worthy Purchases. Loyalty or rewards programs, such as Amazon Prime or Walmart+, encourage consumers to continue shopping with a given retailer. As a result, the small retail e-commerce strategy needs to evolve.

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Reverse Logistics: What is it, and Why is it So Important?

Unleashed

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Read more: The 10 inventory management trends to watch for in 2022 Reverse logistics is another name for a backwards supply chain What steps make up the reverse logistics process? 3 examples) 1.

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Management of Ocean Transit Time Reliability and Visibility

The Logistics & Supply Chain Management Society

2022 ocean schedule reliability dropped to 30%. Although 2023 first half reliability has been improving to around 65%, the lead time variability is still high compared to other modes of transportation, and still below pre-pandemic levels. but when demand slowed, the pressure to reduce inventory becomes a lot higher.

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Yowza! A Nine-Step Decision Process to Help Guide Supply Chain Planning Selection

Supply Chain Shaman

<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets.