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 Reasons Marketplace Intelligence Is Important for Your Business
Successful companies rely on marketplace data for critical decision-making. Image source Intelligence comes in many different forms, but marketplace intelligence is all about knowing your place in the competitive landscape so you can respond to opportunities when they arise and adapt to changes quickly. In this context, marketplace intelligence has been a differentiating factor for […]
How to Sell Your Products on Walmart Marketplace
Getting started with Walmart Marketplace is easier than you might think. Image source Inventory management software can play an essential role in streamlining eCommerce product listings, inventory tracking, and order processing as you tap into the power of Walmart Marketplace. For over 60 years, Walmart has redefined the retail shopping experience by taking economies […]
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, […]