5 Types and tips to reduce the Inventory Costs
Inventory costs are one of the most important costs incurred by any company or organization, which means the value of the inventory. There are many types of inventory costs, and each type has its own importance in arriving at the actual cost of inventory held by the...
Using Multichannel Retailing to unleash the potential of e-commerce
One of the most effective sales strategies is multichannel retailing, especially since sales will not work if you rely on a single channel for your retail store. So you need to diversify by finding different ways to present your product or service in front of your...
Order lead time in warehouse operations: Types, formulas, and calculations
Online retailers need to use appropriate metrics that help them verify that customers’ orders arrive quickly, and order lead time is one of those important metrics. It is also in the huge development of electronic commerce as well as the boom in retail trade...
5 Product Content Pitfalls and How to Avoid Them
It is very important to prepare accurate and clear product content, especially since any problems with product content will result in huge losses. So product content faces a lot of hurdles for any brand. In the competitive market now, the brands are very competitive...
6 Keys to Overcoming Challenges in the Retail Supply Chain
The retail Supply Chain faces a lot of challenges that can hinder it and disrupt a lot of business. Especially after the coronavirus pandemic, many retailers are grappling and facing a large number of disruptions. One of the most important of these disturbances is a...
Weighted Average Cost wac method
There are many methods of inventory valuation, and one of the most important methods is the weighted average cost, wac method, which is one of the inventory control methods that companies use in inventory operations in order to reach the cost of inventory, depending...
How Do Reverse Logistics Impact Supply Chain Management?
Reverse logistics is one of the most important operations, which involves moving products back through the supply chain, it specializes in taking back products from customers and reformulating those products or parts of them to create a new product that can be sold,...
Reduce losses with the incoming inventory solutions
Incoming inventory effectively helps you reduce your costs, because it is one of the best ways to manage inventory and improve incoming receipts as well. It helps you check the availability of required materials and thus reduce your inventory costs while enhancing and...