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Topic: supply chain

Just-in-time in the Real World of Inventory Management

Just-in-time inventory (JIT) is the antithesis of just-in-case inventory and can be a valuable method of reducing waste and streamlining the supply chain. The benefits of JIT inventory are numerous, although they can only be realised with hard work to set up an intricate system involving many synchronised components. In this article, we will consid ... Read More

  February 20, 2019     

4 Strategies to Improve Supply Chain Efficiency for Manufacturing Business Owners

Manufacturers typically perform planning, sourcing (finding suppliers), making (manufacturing), delivering and returns. Supply chain efficiency, therefore, is the measure of getting the right product to the right place at the right time — and at the least cost. Remember, efficiency is not the same as efficacy. Traditionally, supply chain manageme ... Read More

  February 18, 2019     

Efficient versus Effective Supply Chains

A well-functioning supply chain is not only effective, but also efficient. In this article, we explain the differences between efficiency and effectiveness, and how you can ensure your business model produces both. Efficiency versus effectiveness Efficiency generally refers to the extent to which a process uses resources in the best way possible to ... Read More

  February 14, 2019     

3 Simple Tips to Prep Your Business for Peak Periods

It’s very common for a business to earn a substantial amount of their revenue over a short period of time. Peak periods lead to an influx of sales and it seems to happen relatively quickly. These fluctuations are important to prepare for and even more important to capitalise on. Don’t miss out on the peak […] ... Read More

  December 24, 2018     

How to Tackle the Challenges of Omnichannel Inventory

Using omnichannel in retail is a sign of the evolution of the industry. Customer journeys used to start and finish in the brick-and-mortar store. These days customer journeys follow an omnichannel experience – they shop online, use their mobile phones, they go into the brick-and-mortar stores, and call in to support centres. No matter how [&h ... Read More

  December 22, 2018     

How the Internet of Things is Changing the Way Inventory Management Works

The Internet of Things (IoT) is gaining momentum with businesses and individuals around the globe. It has the potential to be big – it has the power to transform how we interact as a society and the fundamentals of how businesses run. One of the biggest waves of change we are expecting to see is […] ... Read More

  December 21, 2018     

Overcoming the Challenges of B2B Order Fulfilment

B2B commerce is expanding exponentially and with this growth, there’s been a significant shift in the way companies manage their sales and B2B order fulfilment processes with greater focus in the areas of inventory control, speed and the ability to meet order deadlines. In an increasingly eCommerce environment, the necessity for companies to eff ... Read More

  December 10, 2018     

Inventory Optimisation for Greater Inventory Control

The biggest challenge of inventory control is getting the balance right, to meet the challenge of matching supply volumes to customer demand and with any good enterprise or activity, it usually pays to start with the basics. Inventory optimisation basics There are many different inventory control techniques out there, knowing what to stock and the ... Read More

  December 10, 2018     

What Does IoT Mean for Inventory Management?

The dawn of the Internet of Things (IoT) is upon us and it is set to revolutionise many industries including inventory management. However, before we can understand how inventory management will be affected by IoT and how we can optimise this, we must first understand what exactly it is. IoT is essentially a concept where […] ... Read More

  December 6, 2018     

What Are the Best Ways to Optimise Your Inventory?

Inventory optimisation is changing the way businesses are running their warehouses and managing their inventory stock. It’s allowing them to become more competitive in the market and see advantages on a global scale. Focusing on inventory optimisation allows companies to free up working capital without substantially changing the service levels. I ... Read More

  December 3, 2018     

5 Ways for SMEs to Overcome Order Fulfilment Challenges

Small businesses have often struggled with order fulfilment and with the current demands of today’s global shoppers, it is more challenging than ever to create an efficient and effective order fulfilment system. Order fulfilment challenges Businesses face several challenges throughout the order fulfilment process, from demand planning and invento ... Read More

  November 15, 2018     

Avoid These 3 Outsourcing Order Fulfilment Mistakes

You’ve drawn up a comparative analysis of the cost of in-house warehousing compared to that of outsourcing your order fulfilment processes, and you’ve decided to go with outsourcing. This can be an economically viable option however, if not carried out well, can often end up being significantly costly. It is imperative to be careful of [&he ... Read More

  November 8, 2018     

Outsourcing Order Fulfilment? Avoid These Common Mistakes

Businesses of all sizes use order fulfilment services, either in-house or outsourced, to get their products from their production facilities to the end buyer, whether this is a business or consumer. Inventory control is one of the main factors which leads to errors in the order fulfilment process. This article will explore mistakes that businesses ... Read More

  October 30, 2018     

Future eCommerce Fulfilment Trends – What Will 2019 Bring?

For an industry that didn’t exist 50 years ago, eCommerce has rapidly taken off and continue to evolve. When the words eCommerce is mentioned businesses are quick to mention B2C trends and but what about B2B trends which are arguably just as important to understand? In this article, we will explore upcoming trends in eCommerce […] ... Read More

  October 30, 2018     

Looking Ahead: Upcoming Trends in Order Fulfilment

Perfecting the process of order fulfilment is extremely important when it comes to customer satisfaction. In this article, we examine a few key trends in order fulfilment to help you determine the best approaches to the task for your business in the future months. Preparing for rising shipping costs Shipping costs continue to rise, and […] ... Read More

  October 29, 2018     

The Challenges of Effective Order Fulfilment

Effectively fulfilling customer orders is an art and perfecting the process can be a real challenge for new business owners – as well as seasoned business owners like. In our increasingly digitised world, consumers have become accustomed to convenience at every point of the purchasing process – from browsing the catalogue, to choosing t ... Read More

  October 29, 2018     

3 Common Challenges You’ll Face with Order Fulfilment

With the speed that retail moves these days, it’s understandable that the order fulfilment process can bring on some difficult challenges for businesses. Customers have demands to be met around the clock. It’s essentially a requirement for businesses to have an online presence and a highly functional eCommerce platform. However, this means that ... Read More

  October 26, 2018     

How to Enhance Your Order Fulfilment Processes

Order fulfilment plays a big role for any company with inventory. Without an order fulfilment process, a company wouldn’t be able to deliver their product to their customers. It is an involved process and it begins from the moment a customer places an order and only finishes when the product has landed successfully in the […] ... Read More

  October 26, 2018     

Offset These 5 Types of Supply Chain Risks

Today’s supply chain risks are increasingly diverse as disruptions can come from a wide variety of sources, including physical damage at production facilities, natural disasters, strikes and labour disputes, capacity issues, delays, inventory stock problems and incorrect forecasts. Supply chain risk management is becoming a top priority in pr ... Read More

  September 26, 2018     

Why is a Digital Supply Chain So Important?

Much like any other process in production companies in the current global business climate, supply chains are becoming more and more digitalised as time marches on. However, despite this growing trend, there are still those that stick to more traditional supply chain management methods, even though the data shows digitalisation is profitable. So wh ... Read More

  September 20, 2018     

The Digital Supply Chain Explained

To define the digital supply chain, we must first define the supply chain. The supply chain describes the chain of processes, events and information sharing that occurs from the point at which a raw product or ingredient is supplied, all the way to when it is sold to the waiting consumer at the end of […] ... Read More

  September 20, 2018     

The First Step to Controlling Supply Chain Risks

The supply chain describes the processes and transfer of products and information from the origin or supplier all the way to the checkout counter in-store. As this is such a complex chain involving many hands and sometimes multiple countries with corresponding currencies and regulations, it can be fraught with uncertainties and risks. The supply ch ... Read More

  September 19, 2018