As we move further into 2024, consumers’ expectations continue to rise. One fundamental expectation, in particular, has been a challenge for online stores and traditional retailers alike: lead times. The sooner a customer has their product, the happier they are....
In the fast-paced world of inventory management, the pressure is always on. Inventory managers are responsible for juggling multiple tasks like managing stock levels, purchasing inventory for replenishment, and optimizing warehouse space. With so much to worry about,...
The logistics world has seen many innovations over the years, from barcodes to RFIDs and beyond. And now, in the modern world of AI, we’re seeing something new emerge: computer vision for inventory monitoring. Computer vision relies on cameras and image recognition...
Demand forecasting, at a glance, is a simple concept. But once you delve into the principles behind it, it becomes a lot more complicated. Despite that complexity, forecasting demand is one of the core fundamentals of inventory management for retailers, distributors,...
Every business faces inherent challenges, regardless of the industry. Stakeholders expect growth and innovation. Competitors threaten your share of the market. Employee turnover can make it challenging to scale. With so many moving pieces to track, many companies...