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22 warehouse pros share the biggest mistakes made with inventory management (and how to avoid them)

6 River Systems

Managing warehouse inventory, on its face, seems a simple concept: Keep enough stock on hand to fulfill orders, but not so much stock that your warehouse is filled to the brim with inventory that won’t move for months (or years). How much does it cost to store and maintain slow-moving or stagnant inventory?

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What is Demand Forecasting? Importance and Benefits of Forecasting Customer Demand

ShipBob

You never really know how it will all turn out, yet you need to be able to answer questions like these: How many units of inventory do you need to have on hand to be at full stock for each SKU? How often do you project to replenish inventory ? Demand forecasting allows businesses to optimize inventory by predicting future sales.

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Moving Logistics Forward from the Great Bottleneck of 2021: Part 1

USC Consulting Group

Shipping containers pile up at the Port of Los Angeles. Inventory is left out of the mix. If you’ve been using S&OP, we encourage you to use sales, inventory, and operations planning, that factors in your all-important inventory. Rethink foreign supply chains.

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Four Keys to S&OP Effectiveness

Kinaxis

I heard a colleague once give the following analogy: Imagine a pilot flying from New York to Los Angeles at night without any navigation systems or instruments to measure his location, wind speed, or altitude. Download your own copy here. If those aren’t the right tools for the job, what is?

S&OP 100
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Autonomous Mobile Robots (AMR): Where to Find Them Now and in the Future

Veridian Solutions

Warehouses will be able to fill more orders, replenish inventory faster, and reap significant savings and return on the investment in AMR on labor costs and through risk reductions. Download WhitePaper. Modern systems can track SKU-specific details to provide a more accurate inventory count. ” This is not necessarily true.

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WordPress Ecommerce Shipping: Scaling Your Online Store Through Shipping

ShipBob

With over 60 million downloads, WooCommerce grew from a simple WordPress plugin to a fully customizable ecommerce platform. Since you likely don’t have the funds to pay for warehousing or have massive amounts of products to store, you’re going to store your inventory however you can. You have to store your inventory yourself (e.g.,

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Holiday shopping has started early amid fears over shipping delays

Ware2Go

Seventy-three cargo ships await unloading at the ports of Los Angeles and Long Beach on Saturday, a record. Download the full Marketplace Survey here. When products are available, shipping has gotten choked up due to historically heightened demand , COVID-related port shutdowns and storm-created chaos.