Container Yard VS Warehouse for a Manufacturing Business: Which is More Profitable?
by In the last post, I talked about how to run a container yard. This time, I’ll talk about whether or not it would be better …
Category: Inventory
Stocktaking Faster with Zero Inventory, Here’s How
Stocktaking, also called stock counting, is a common task in the supply chain. It is done to make sure that the inventory you store matches …
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
5 Supply Chain Challenges Before You and How to Overcome Them
In a supply chain operation, there are always challenges to handle. Even more so as data analysis, technology, and ways of thinking all change in …
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
What is a Supply Chain Strategy and How to Develop it Effectively
A company sets a goal to lead the market and make more money. They work on making a good supply chain strategy that will help …
7 Effective Ways to Get 100% Inventory Accuracy
Every person who works as an inventory controller probably wants to make sure that their stock is accurate 100% of the time. In fact, it’s …
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
4 Elements for More Effective Supply Chain Management
A business depends on a good supply chain management system to know how much of something to buy and when it will be needed. It …
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
Why is it So Important to Have Supply Chain KPI Targets that are Both Realistic and Challenging?
In this post, we’ll talk about supply chain KPIs and their targets. Each KPI needs to have a target to reach. If not, why do …
6 Steps to Start Managing Your 3PL Performance Effectively
Yes, one of the benefits of using 3PL services is that you can put more attention on your main business. If you work in manufacturing, …
Your Warehouse is Full, do You Need to Make It Bigger, or Can You Do Something Else?
Your storage space is full. All of the places where materials or finished goods can be stored are full. Even now, there are already goods …
Excess Stock, is It Due to Declining Sales or Over Supply? Don’t Get the Wrong Conclusion
At one point, a company had more finished goods than they needed. They had a lot more stock than what sales needed at the time. …