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What Is Deadstock and How Do I Get Rid of It?

GoShip Blog

Well-organized inventory management is a must-have for a successful retail strategy. Considered an ongoing struggle for sustainable manufacturing and supply chain management, overstocking and keeping deadstock is definitely not a bonus to any company. The more deadstock you have, the more money that is wasted.

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Warehouse 5S: The Ultimate Guide [FREE 5S Checklist Inside!]

Conger

Warehouse 5S is a lean management strategy that helps warehouses accomplish a basic objective: making problems visible. The 5S model is named for five Japanese terms that capture its core philosophy — waste reduction and improved efficiency. Some common sorting strategies include: General cleaning of an area.

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Ecommerce Inventory Management: Challenges & Solutions

Logistics Bureau

Any shortfalls in the system will typically result in overselling, leading to stock-outs , and overstocking , which ties up working capital unnecessarily and can result in wasteful obsolescence issues. Still, the tips above should help you to start cutting the losses generated by high volumes of ecommerce returns.

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Protecting the Food Supply Chain

The Logistics Academy

Neuwirth, vice president, marketing and sales, UNEX Manufacturing, provides these tips for properly handling and storing food products in the supply chain. Shippers should identify where they waste time during fulfillment, and implement products and processes to increase its speed. Develop an IIoT strategy.

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13 Warehouse Types: Definitions, Functions & Examples

Conger

Tips for choosing the right type of warehouse. Looking for a private warehousing definition? Now that we’ve covered private warehouses, let’s give a public warehouse definition. Because they help reduce waste by consolidating all items going to specific geographic areas. Their pros and cons. Let's dive in!

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6 Toyota Experts Share How They Apply Lean Management Principles

Conger

To eliminate waste without sacrificing productivity to improve customer value. When it comes down to applying lean strategies, it’s not so easy. That goes for the time wasting processes and the time saving processes alike.”. The whole purpose of Lean thinking is to identify and reduce waste.

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Green Logistics: 7 Tips for Eco-Friendly Delivery

Bringg

Yet when the right technology and supply chain strategies are implemented, these solutions can actually reduce cost to deliver and boost brand image at the same time. This definition includes the carbon footprint of the supply chain, dealing with waste disposal, packaging, recycling, reducing energy consumption, etc.