Category: Inventory

How Warehouse Management Improves Customer Service

Warehouse Management

Warehouse management and customer service are different yet essential business metrics. They both ensure customer satisfaction through the timely delivery of the right products coupled with immediate responses to queries. According to studies, customers are willing to pay 68% extra to brands with instant and reliable customer service. It is a well-known fact that good […]

3 Approaches for Optimizing Inventory In Inventory Control

Inventory Control

Inventory control is the process of managing, distributing, and storage of stocks. It is an integral and crucial part of supply chain management. The primary objective of inventory control is to ensure that products stay at the right time and place. It also enables you to forecast the demand and supply of the inventory to […]

Inventory Shrinkage: Understanding What It Is And How To Prevent It?

Inventory Shrinkage

Understanding Inventory Shrinkage Running a business isn’t an easy task. When it comes to inventory, business owners need to know the exact inventory level to make informed decisions regarding safety stock level, replenishing inventory, and forecasting sales. Imagine arriving at your shop during the festive season only to discover your inventory levels are low, despite […]