Inventory visibility is the concept of tracking inventory throughout the entirety of the supply chain, from warehouse to truck to store shelf. Learn more about why inventory visibility is important and how you can improve your operation’s inventory management.
Category: Order Fulfillment
Retrieving items from their storage locations to fill customer orders, order selection, is a critical component within the material handling process. There is no one size fits all order fulfillment solution that will be effective for every type of operation. Every business, every operation is unique in its own way.
In recent years, autonomous mobile robots (AMRs) have moved from a novelty solution pursued by only a handful of the largest companies to a mainstream technology capable of bringing real benefits to a range of operations both large and small.
Running a successful order fulfillment operation requires many things. One of the most important things is inventory—it is, quite literally, the stuff that orders are made of!
It’s no secret the holiday season is one of the busiest times of the year for retail and shipping industries. And with increases in technology, ecommerce has become the driving force behind record numbers seemingly every year. Just last year, it’s estimated that shoppers spent $122 billion with online retailers alone.
According to the US Bureau of Labor Statistics (BLS), in 2015 the Warehousing and Storage sector of the US economy employed 785,000 workers. By 2018, that number had grown to nearly 1.2 million—a total growth of more than 41 percent, or 415,000 jobs—driven largely by a growing economy and increased ecommerce sales across the country.
The order fulfillment industry faces new challenges seemingly everyday. Often, these challenges are inspired by the practices initially adopted by ecommerce giants like Amazon, which customers then begin to expect from other retailers.
It may be strange to think about the holidays in the high heat of August, but as anyone working in order fulfillment or retail knows, the holiday season is right around the corner.
To ensure that you’re hitting your business goals, you’ve got to put some time into analyzing the right KPIs for your order fulfillment operations.
Improving order accuracy is one of the most important steps that an order fulfillment operation can take to make their business more successful. Here, we discuss five strategies that you can put in place to reduce error rates and ensure your are shipping accurate orders every time.
Though SKU proliferation is not discussed nearly as often as it was even just a few years ago, it is a phenomenon that order fulfillment operations and retailers continue to reckon with on a...