There are several different good approaches you can take to managing inventory, but one of the most popular ones is First In, First Out, or FIFO. FIFO, which sees the oldest items purchased being sold first, is particularly well-suited to businesses that sell food and other items that expire, like medications. To get an idea … Read moreWhy Is the FIFO Inventory Method So Popular?
Management is an important part of every business, but nowhere is this more crucial than in the case of e-commerce. Effective logistics management is essential in every step of e-commerce. Here’s a look at four essential components of solid e-commerce logistics management. Product Sourcing Whether you make your products yourself or you’re getting them from … Read more4 Essential Components of Sound E-Commerce Logistics Management
Right now is an exciting time for small businesses. No longer just the foray of local, family-run cafés, many of today’s small businesses are cutting-edge technology and manufacturing companies that have a real chance of displacing bigger legacy suppliers. Modern small businesses may be well-funded in many cases, but their supply chain profile tends to … Read moreGet Your Small Business Supply Chain Right from the Start
Order fulfillment can be a very complex undertaking that encompasses every activity that is involved in shipping goods to customers. It starts with receiving shipments and entails sorting stock, shelving inventory for picking, picking orders, checking orders for accuracy, labeling packages for shipment before sending them out, and tracking the packages to their final destination. … Read moreOrder Fulfillment Options for Small Businesses