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5 Tips for Avoiding Holiday Season Mishaps

Ship Monk

Try as you might, it’s virtually impossible to control all aspects of the eCommerce supply chain, and there’s no better example of that than what we’ve witnessed in the whirlwind that has been 2020. That means conservative estimates for order processing, shipping times, and even inventory availability. Maintain Transparency.

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How to Calculate and Apply ABC Classification of Inventory

EazyStock

But first here’s a quick reminder of what ABC classification of inventory is: ABC Classification Definition. We’re going to use Frank’s Fasteners business as the example: 1. List the products in descending order based on their annual consumption value.

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Peak Season 2022 Guide for eCommerce Brands PART 2

Ship Monk

If you want to dedicate your entrepreneurial time to that vital marketing and advertising, definitely lean on a 3PL fulfillment provider like ShipMonk that takes fulfillment stresses off your plate. If that is simple to navigate, you are getting eCommerce orders processed efficiently. Work with a Great 3PL (Obviously).

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How to Use ABC Analysis for Inventory Management (and the Added Value of XYZ Analysis)

EazyStock

But first here’s a quick reminder of what ABC classification of inventory is: ABC Analysis Definition. ABC Classification Calculation Example. We’re going to use Frank’s Fasteners business as the example: 1. Here is a working illustration of how to divide your inventory using annual consumption value.

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How to Use ABC Analysis for Inventory Management (and the Added Value of XYZ Analysis)

EazyStock

But first here’s a quick reminder of what ABC classification of inventory is: ABC Analysis Definition. ABC Classification Calculation Example. We’re going to use Frank’s Fasteners business as the example: 1. Here is a working illustration of how to divide your inventory using annual consumption value.

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How to Improve Inventory Turnover with Inventory Optimization

EazyStock

This post will explain how, but first, let’s deal with a few simple definitions. For example, EazyStock has an order fill-up feature that allows you to work to minimum order quantity, value or weight restrictions. The Importance of Improving your Inventory Turnover.

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Insourcing or Outsourcing Logistics: Don’t Choose the Wrong Reasons

Logistics Bureau

If you follow our blog, you’ll know that we often post articles about logistics outsourcing. We’ve outlined the pros and cons, discussed the steps in the outsourcing process, looked at mistakes contributing to outsourcing failure, and offered guidance to avoid those errors. Very often, the outsourcing decision is a binary one.