Physical inventory counting is a crucial process for businesses and organizations to ensure the accuracy of their inventory records. This process involves manually counting and verifying the physical presence of all inventory items, recording the counts, and reconciling any discrepancies between the recorded counts and inventory records. Importance of Accurate Inventory Counts Accurate inventory counts…
Author: Spyridoula Karkani
The Ultimate Guide to Lean Warehouse Management: Benefits, Key Considerations, and Principles
Lean Warehouse Management is a method for streamlining and optimizing the processes and operations in a warehouse. It aims to eliminate waste and inefficiencies, increase efficiency and productivity, and provide a better customer experience. Its goal is to create a smooth and efficient flow of goods and information throughout the warehouse, from receiving to shipping….
6 Most Important Cost Reduction Strategies In Supply Chain Management
In today’s world, business efficiency at all the operational levels of the supply chain is necessary for all businesses to grow. The goal of supply chain management in a business is to obtain raw materials, create the ideal products, and distribute them at the ideal moment. In addition, inventory control, order management, distribution, and delivery…
How Manufacturing is Different From Wholesale In The Apparel Industry?
In the apparel industry, it’s essential to understand the crucial components of the supply chain such as Wholesale and Manufacturing. The manufacturing apparel industry produces apparel products that get to the consumer through the wholesaler and retailers. The wholesaler receives apparel goods from the manufacturers and sells them to retailers. Let’s move forward into explaining more…
The Best Tips For Boosting Your Retail Supply Chain Management
In order to understand how you can improve your retail Supply Chain Management, you have to be able to answer the following questions: What is it? Why is it important? What are the challenges and the Solutions? What Is Retail Supply Chain Management? Retail supply chain management describes how you handle the inbound and outgoing…