Automation is unlocking productivity in the warehouses and studies show that 10% of U.S. warehouses use these sophisticated technologies. Warehouse management plays a vital role in the supply chain process. When it’s done right, it can reduce the costs of running the warehouse. Good practices improve customer satisfaction and intensify warehouse operational efficiency. Effective administration [...]
Inventory
There is about 9.1 billion square feet of warehouse space in the United States. About 1 billion of that was built in the last ten years. Sadly, much of that warehouse space is becoming increasingly obsolete in terms of technology and racking systems. Today’s warehouse racking systems are more than just some shelves placed in lines. [...]
It turns out that when customers land on a page showing that you’re out of stock on something, you still have a chance to convert them. However, this is a snowball’s chance in hell type of situation that doesn’t contradict the importance of inventory management for companies like yours. If you don’t have a lot [...]
Consumer confidence is way up in the United States as it rides the wave of near-record low unemployment rates which are hovering around 4%. Given the bullishness of consumers today, many businesses are experiencing records sales in 2018 and expect to maintain momentum going into the new year. Just because times are good though doesn’t [...]
