Managing Inventory and Warehousing for Efficient Product Shipping
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Optimizing inventory, warehouse, and shipping processes can reduce order fulfillment time, improve customer satisfaction, and reduce costs. Here are some key practices to consider: Inventory and Warehouse Management Physical Layout Organizing warehouse space in a logical and systematic manner saves time by making the flow of work more logical and efficient. Specific areas should be […]
Just-in-Time versus Just-in-Case Inventory Management: Is it Time for a Shift?
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Just-in-Time (JIT) is a system for managing inventory where goods or materials are obtained only when they are needed from suppliers in an effort to reduce the cost of holding inventory. Alternately, Just-in-Case (JIC) is an inventory management method where large inventories are held to prevent running out-of-stock. This method weighs the higher cost of […]