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How To Manage A Lean Supply Chain

ShipBob

As long as you are tracking the right metrics, data reveals where you can eliminate waste within your supply chain. Having the analytics and seeing how everything is working together has been extremely helpful for me on the operations end. ShipBob’s analytics tool is really cool. Optimize your warehousing.

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Your Expert Guide to Inventory Audits: Best Practices & Tips 

ShipBob

Analytical procedures Doing analytical procedures during inventory audits involves comparing gross margins, inventory turnover ratio , and/or unit costs of inventory with previous years. Verify that invoices match the amount of items and cost of inventory shipped from your ecommerce warehouse. 3PLs like ShipBob help with this.

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

Unleashed

One paper from the University of Texas at Arlington suggests that lenience may yield better results than strictness. A system should be set up for tracking key returns metrics, such as the rate of return, refund rate, exchange rate, and time per return.

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Five Advanced Technologies That Are Revolutionizing Logistics

Logistics Viewpoints

Artificial intelligence (AI), machine learning (ML), predictive analytics and robotics once seemed incredibly sophisticated and out of reach — but today they’re easily accessible to every company. Warehouse Task Automation. Another advanced technology that’s becoming imperative is warehouse task automation.

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Halal Cluster Network: Connecting regional halal clusters

The Logistics & Supply Chain Management Society

Whilst 50% of respondents agreed that their use of data/analytics/AI/ML will be central to adjusting more effectively to dramatic supply chain disruptions. Analyzing real-time insights and historical performance using AI, delivers key metrics on availability and service levels. Effective pricing and promotions management.

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Profitable Agility and Resilience in Supply Chain Execution

The Logistics & Supply Chain Management Society

Whilst 50% of respondents agreed that their use of data/analytics/AI/ML will be central to adjusting more effectively to dramatic supply chain disruptions. Analyzing real-time insights and historical performance using AI, delivers key metrics on availability and service levels. Effective pricing and promotions management.

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What Is On-Demand Logistics & How It Impacts Scalability

ShipBob

With high standards set around the ability to ship and delivery quickly, retailers need to prepare for unexpected events throughout the supply chain, whether it’s a manufacturing delay, transportation disruptions, or warehouse closure. . As long as customers are located within the same shipping zones as the nearest warehouse location.