September 30, 2019
by
Casey Rebman Walker
in
Best Practices
Maintaining accurate inventory is mission-critical for today’s modern supply chain. Exact on-hand quantities are needed for inventory and production planning and to execute an efficient fulfillment process. One way to maintain that accuracy is to implement a cycle count process. What is Inventory ... Continue Reading
Does this sound familiar: You've got inventory organized at the bin or location level, and no matter how vigilant your efforts are, you still find yourself with misplaced stock. Maybe you're noticing that your bin and location numbers don't match or that misplaced inventory is causing your numbers ... Continue Reading
After speaking to several NetSuite customers about their main goal in the warehouse, it’s almost unanimous: Higher customer satisfaction. In every case, this leads right into inventory accuracy. You want to get as close to 100% accuracy as possible to ensure happy customers. So what is inventory ... Continue Reading
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How do I run my operation, keep costs down, and do it all while dealing with growth, compliance, changing processes and shipping restraints? Can you relate? While there are many challenges facing the distribution world, focusing on optimizing your picking processes could make a huge impact. ... Continue Reading
The modern supply chain is evolving, and technology is improving the ability to see and measure processes. If you can see it and measure it, you can require it. Whether you’re a manufacturer, distributor or retailer, chances are you have to meet some sort of compliance requirement. It could be from ... Continue Reading
The days of single-channel warehouse operations are disappearing. Companies that only sold to other companies or just to customers are transforming into companies that sell to everyone. While this opens up new markets and business, it can adversely affect your warehouse operations and create ... Continue Reading
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The season of physical inventory counting is upon us, and in our experience, this is not usually a cheerful event at most companies. The good news though is that with some preparation and organization, you can easily tackle this event. If you have an inventory cycle count program in place and can ... Continue Reading
Many companies think they need complex warehouse logic (like system directed putaway) to make their warehouse more efficient. But in many cases, spending time simply focused on the picking process will provide the greatest efficiency. The beauty of that truth? The need (and cost) to have complex ... Continue Reading
In the past, most companies have operated in only one sales channel, which meant their distribution operations only had to deal with one set of distribution processes. Today, many companies operate in two, three or even four channels, which can be very challenging when you try to combine all the ... Continue Reading
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Inventory shrinkage is one of the major problems in retail distribution, and most NetSuite retail companies do not have a good idea as to why. The truth is: Without putting proper processes and procedures in place, you will never be able to understand where your inventory disappears - and will ... Continue Reading
