22 warehouse pros share the biggest mistakes made with inventory management (and how to avoid them)

July 30, 2020

Managing warehouse inventory, on its face, seems a simple concept: Keep enough stock on hand to fulfill orders, but not so much stock that your warehouse is filled to the brim with inventory that won’t move for months (or years). Too much slow-moving inventory means you’re spending money to store products that aren’t earning immediate revenue, and too little means backorders and unhappy customers who are likely to seek out your competition. In practice, however, warehouse inventory management is quite complex, given the number of variables that impact the bottom line:

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Categories: In The News

Pandemic sheds light on weak links in inventory strategies

May 5, 2020

MultiBriefs Exclusive – Gail Short In the weeks after COVID-19 began sweeping across the United States, the pandemic succeeded in revealing chinks in the country’s retail and manufacturing supply chains. Some supply chains simply broke. Stores quickly sold out of items like hand sanitizer, antibacterial wipes, toilet paper and paper towels, to the frustration of

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Categories: In The News

Seattle Episode 86 – COVID-19 Expert Panel

March 18, 2020

The Shrimp Tank | Seattle Episode 86 – COVID-19 Expert Panel

We find ourselves in interesting times. Unprecedented times with a global pandemic that is severely impacting both individuals and businesses; especially small and medium-sized businesses.

Being in Seattle, we have been at the epicenter of the outbreak in the United States. To that end, we are practicing responsible social distancing and not holding a live podcast and have rescheduled our guest to another time in the future. Co-host Dan Weedin has recorded a special podcast related directly to responding to the COVID-19 crisis. Dan has recorded an interview with four global experts and colleagues of his to help you figure out what to do right now and this week to respond and set up recovery strategies.

Listen to the podcast.

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Categories: In The News