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Read more about the article What is inventory management?

What is inventory management?

Usually, companies do cycle counts to check inventory balances at the end of either each financial year or calendar year. This activity is fundamental in stock management. However, what does…

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Read more about the article Types of inventory in warehouses

Types of inventory in warehouses

Understanding different types of inventory stockpiles better can lead to supply chain improvement opportunities. Maintaining stock of goods is a cost for the company, while at the same time, this…

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Read more about the article Improving warehouse picking processes

Improving warehouse picking processes

Inventory picking is an important element of warehouse operations. When designed well, it will allow operators to make the entire order preparation cycle efficient. The efficiency of picking procedures directly…

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Read more about the article Optimize supply chain performance in healthcare

Optimize supply chain performance in healthcare

Logisticians often seek to improve supply chain performance and efficiency to increase productivity and provide a better competitive advantage for their business. Optimizing the supply chain can mean many things…

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Read more about the article How to motivate supply chain/logistics staff?

How to motivate supply chain/logistics staff?

As with any other industry, it is important to keep staff motivated in supply chain and logistics. Motivating your employees helps create a climate of continuous improvement. Employee engagement should…

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Read more about the article Inventory Management Efficiency

Inventory Management Efficiency

Inventory management is an important part of supply chain management. Inventory management can be very vaguely described as optimizing the inventory level between maximum and minimum acceptable levels for every…

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Read more about the article Warehouse Picking Process Mistakes

Warehouse Picking Process Mistakes

Picking mistakes can cost a business significantly in terms of productivity. This is especially true if you run an e-commerce business that sells items exclusively online. Sending the wrong item,…

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Read more about the article FCA Incoterms 2020: Frequently Asked Questions

FCA Incoterms 2020: Frequently Asked Questions

What does FCA in shipping terms mean? FCA refers to one of the 11 Incoterms® 2020. This Incoterm can be used for any mode of transport. There are 2 main…

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Read more about the article What are dangerous goods?

What are dangerous goods?

When it comes to international supply chain and transportation, the term dangerous goods takes a very specific meaning. It may surprise you that many items that are considered dangerous goods…

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Read more about the article What is UCP600?

What is UCP600?

When it comes to understanding letters of credit, you have to also understand the term UCP600. UCP stands for the "Uniform Customs and Practice for Documentary Credits". This is a…

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Read more about the article Can I outsource HS classification?

Can I outsource HS classification?

What is HS classification? HS Classification refers to the process of assigning a tariff code to a product. This is a series of alphanumeric characters that describe a product to…

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Read more about the article What is Ex Factory Price?

What is Ex Factory Price?

Ex-Factory pricing is a term you might come across while doing business with overseas partners and customers. Ex-Works is also a term you might come across in a similar setting.…

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  • What is inventory management?
  • Types of inventory in warehouses
  • Improving warehouse picking processes
  • Optimize supply chain performance in healthcare
  • How to motivate supply chain/logistics staff?
  • Inventory Management Efficiency
  • Warehouse Picking Process Mistakes

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