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Emerging Trends in Automation: What it Means to Supply Chains

GlobalTranz

This example generates a huge amount of data that can leverage in the supply chain. While this example may still be a few years off, it is important that you understand how the top emerging trends in automation will shape supply chains and transportation processes in the coming years. Additive Manufacturing –.

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5 Tips for Avoiding Holiday Season Mishaps

Ship Monk

Are you in the loop with Q4 trends and projections ? 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. Do you have enough inventory to meet an increase in demand? Are your customers?

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How to Calculate Inventory Holding Cost or Carrying Cost

Ship Monk

Holding cost (or carrying cost) by definition, is the cost of holding inventory in a warehouse until it is sold or removed. By itself, carrying cost may not tell you much, but when tracked over time it can identify trends that affect your bottom line. Set reorder points for each SKU and automate the reordering process.

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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. Most items in the growth stage will experience an upward demand trend. Secondly, you should identify items with seasonal demand patterns and market trends and again fine-tune the forecast. The Importance of Improving your Inventory Turnover.

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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. Study Data Closely.