Top 4 Inventory Management Trends to Know in 2022
There are a number of inventory management trends that all companies and employers must follow, and companies incur the costs of storage, tracking and securing inventory, and poorly managed inventories can create major financial problems for businessmen, whether...
Ready for the future of Green Logistics – Leverage technology with diggipacks
All countries seek to reduce environmental pollution and preserve the environment in various possible ways, green logistics have emerged, which aims to reduce and reduce the environmental impact of logistics activities, and this includes all activities of forward and...
Days outstanding inventory – days sales in inventory
Days outstanding inventory is one of the most important concepts that must be well understood, as it measures the average number of days that the company will keep in stock before it is transferred to actual sales, and this greatly affects the cash transfer cycle and...
Physical Inventory: types and Best Practices
Physical inventory is one of the most important forms of inventory. After the institution performs the routine work of accounting, which begins with recording in the journal, then posting to the ledger, and finally preparing the trial balance before the inventory,...
Which order picking method is best for Efficient Order Picking?
The order picking process is one of the most important operations in warehouses and stores because it can affect more than half of warehouse operating costs, especially that the rapid execution of orders will affect customer satisfaction and thus increase their...
Six Top the Supply Chain strategies on our list to increase the productivity of your business
Supply chain strategy effectively helps in achieving company goals, and although the processes of creating or developing Supply Chain Resilience strategy may be difficult and cumbersome, it is a process that pays off and is worth it, especially since at the present...
DIGGIPACKS, has acquired Egypt-based e-commerce solutions provider FWRUN
Saudi Arabia-based delivery and logistics company DIGGIPACKS has acquired Egypt-based e-commerce solutions provider FWRUN because the company hopes to expand its influence in the Egyptian market. In April, DIGGIPACKS raised USD 400,000 in pre-financing from YOUXEL...
The difference between supply chain and logistics explained
Many people do not know the difference between supply chain management and logistics, and the terms “supply chain” and “logistics” are often used interchangeably in the transport and trade sector, but there are differences between them, as each has specific...