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Cutting Down on Last Mile Delivery Cost
One of the most pressing issues for delivery and e-commerce companies is the last mile delivery cost, which has become one of the most important challenges. The last mile delivery process is considered one of the most important and accurate operations, which e-store...
4 Inventory Valuation Methods to Calculate Inventory Value
Inventory value is one of the important things that every company must consider, especially since that value is generally considered to be the largest current business asset that a company owns. By knowing that value, companies will then be able to evaluate their...
Strategies for reduce shipping costs and Faster Shipping
The cost of shipping greatly affects the profitability of your company, so we find that most companies seek to reduce shipping costs. In general, every company needs to follow methods that help it reduce shipping costs, and this is in order to increase its profit...
Warehouse Expansion Decision-Making and Tips for Success
With increasing operational requirements in businesses, it has become important to attempt Warehouse Expansion whenever the opportunity arises. Through which warehouses will be optimized, as well as keeping pace with operational requirements. Especially since...
Improve Your Warehouse Slotting Optimization
Warehouse operations are getting more complex day by day, so warehouse managers need to deal with that complexity and face those pressures. One of the technologies that helps in this is warehouse slotting, which helps to better organize operations in warehouses. In...
Inventory Carrying Cost Definition
Carrying Cost is a component of total inventory costs, and those costs have a significant impact on a company's revenue. These costs are high for companies that benefit from economies of scale, but low for companies that have a small amount of inventory. This cost is...