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LIFO Inventory Valuation Method

Ship Monk

There are several different methods, or cost flow assumptions, that can be used to value your assets at the end of the year, as well as determine cost of goods sold (COGS) during the year. In previous blog posts, we discussed the FIFO method and Weighted Average method in detail. At the same time, the remaining inventory (a.k.a.

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6 Truckload freight spend optimization best practices

FreightWaves SONAR

In the freight market, liftgates are commonly used at business locations without a dock, residential areas, and job sites, and where these differences exist, the risk of increased accessorials rises. Typically pricing is prioritized, but it should also be complemented with quality and delivery time. Download the White Paper.

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The benefits of supply chain business intelligence

FreightWaves SONAR

n the face of unprecedented disruptions, transportation and logistics managers face challenges unlike anything seen before. It is clear supply chain business intelligence is essential for success with freight load management. Be sure to consider the interdependencies of the global supply chain.”

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

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The Ultimate Guide to a 3PL Business

GlobalTranz

Editor's Note: Today's blog is a guest blog by our friends at 2 Flow. In this blog, they discuss everything you need to know about a 3PL business. These types of services include distribution and transportation management, public warehousing, contract warehousing and freight consolidation. Supply Chain Management.

3PL 101
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5 Ways to Minimize Cyber Security Threats to your Supply Chain

EazyStock

However, it’s not only large enterprises that are subject to hacks; small- and mid-sized businesses are at risk too. Digital transformation is happening at a rapid rate; eCommerce, spurred on by the COVID-19 pandemic , is booming, and businesses are introducing new internal businesses systems all the time to improve organizational efficiency.

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8 Ways to Make Your Fulfillment Center Run More Efficiently

EazyStock

When she isn’t writing blog articles, she enjoys spending time in downtown Charleston, South Carolina and all the amazing food her hometown has to offer. Almost all fulfillment centers want to improve pick and pack efficiency. Make sure your WMS is meeting your needs. . Where has your system performed well?