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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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Retail Inventory Management Tips to Get The Most Out of Your Warehouse

GlobalTranz

The wrong retail inventory management strategy increases carrying costs and makes it impossible to stay competitive. However, warehouse managers can overcome these obstacles by considering the main issues affecting omnichannel retail supply chains and implementing these key tips to break down barriers to efficiency.

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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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Inventory Management Solutions & Strategies [Ultimate Guide]

Unleashed

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

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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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Digital Inventory Management Key Battleground in Transformation of Brick-and-Mortar Retail

GlobalTranz

Although e-commerce represents 10 percent of total retail sales, it has had an interesting effect. It catalyzed brick-and-mortar retailers to offer online shopping opportunities, which require much more than manual inventory management practices. That’s two entirely different things. GET YOUR COPY HERE.

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Ecommerce Inventory Management: Challenges & Solutions

Logistics Bureau

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online. Your inventory turns ratio is low.