Why the greenest practices are also the most profitable. Image source Almost 80 years ago, the concept of sustainability was described as a harmonious combination of environmental and social factors in the decisions and activities of a business. Sustainability goals in industries like forestry, transportation, and agriculture are often tied directly to their carbon footprint, […]
Digital Twins: The Next Big Thing in Inventory Management
Taking real-time inventory management to the next plateau. ©Milkos via Canva.com The concept of virtual replicas mirroring every characteristic and reaction of real-world objects might sound like science fiction, but digital twins have already been with us for decades. During the Apollo 13 mission in 1970, NASA engineers used simulators on the ground to replicate […]
7 Keys to Improving Warehouse Efficiency
Finding the right combination of resources, tools, and practices to optimize productivity. Image source The concept of warehousing dates back to the ancient mud brick and stone structures used to store grain, metal, wood, and other valuable commodities 3,000 years ago. The only barometer of warehouse performance that mattered was protection from the elements. Today, […]
6 Hidden Benefits of Order Management Software
The order management software benefits we don’t see can be the most valuable. Image source Since the earliest days of commerce, the history of order management has reflected the available technology of the times. Over the centuries, we have gone from orders (literally) etched in stone, to advanced, portable, and cloud-enabled order management software, and […]
How RFID Tags Are Redefining Inventory Management
Radio frequency technology takes the benefits of barcoding to the next level. ©Andyd via Canva.com The idea of using radio frequency identification (RFID) to track the position of objects, people, and animals can be traced back to WWII, when radio waves reflected off of airplanes were used to identify friend vs foe. Over the years, […]
LIFO vs FIFO: Which is Better?
Weighing the pros and cons of these established inventory rotation methods. Image source As restaurants and retail stores grapple with expiration dates, spoilage, and spiraling costs, systems designed to consume the oldest items first, or first-in, first-out (FIFO), are a foregone conclusion. But in the world of inventory management, there is another less intuitive option, […]