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13 Feb 2018
•Read 7 minutes
Warehouse inventory and inventory procedure for goods in the warehouse, accounting of balances
The warehouse inventory and warehouse balances reflect the “health” of the company as a whole. The warehouse is intended for storing goods and performing warehouse operations, and in case of inefficient organization of processes, the company will suffer significant losses. In our project experience, we have met companies where the level of losses due to […]
16 Jan 2018
•Read 5 minutes
Chatbots: What are they and How to Use them in Business?
The era of chatbots has already begun. It doesn`t matter whether you are ready for it or not, this fact should be accepted and considered as an opportunity to improve communications with customers in your business. They exist, but we did not notice them A chatbot is a program that uses “communication” patterns to […]
29 Sep 2017
•Read 7 minutes
Auto parts warehouse: sectoral inventory system of spare parts in warehouse
The auto parts warehouse has features related to a huge variety of spare parts for various groups of cars and special equipment, diverse additional product groups. The specific feature of the spare parts warehouse organization requires introduction of the sectoral inventory system of spare parts in warehouse.Compliance with the storage requirements of each product range […]
11 Aug 2017
•Read 5 minutes
Online warehouse management
How to organize online warehouse management and what nuances should pay attention to The warehouse management system (WMS) evolution is like the evolution of other software solutions. Initially, it was the movement and storage of materials control system at the warehouse, bur the WMS part becomes more wide, there is added the production operations management, […]
14 Jul 2017
•Read 4 minutes
Inventory management in a trading company
Currently, the effective inventory management at a trading company and ability to respond quickly to market changes are the decisive competitive advantages of both the major retail chains and the small “neighborhood” stores. Inventory in trading is the main capital, thanks to which the trading business exists actually. Procurement managers make hundreds or even thousands […]
23 Jun 2017
•Read 7 minutes
Warehouse audit: objectives, warehouse performance analysis
It is not easy for both business owners and logistics managers to organize a fine-tuned and well-established warehouse operation.It is not easy for both business owners and logistics managers. Everythingis learned through trial and error. And when you realize that the warehouseis operating inefficiently, and moreover, this inefficiency is causinglosses, the decision for a comprehensive […]
26 May 2017
•Read 7 minutes
How to define the Economic Order Quantity. Success story retail
If your company deals with the small business, then it will be quite simple for you to define the economic order quantity manually. However, in the wake of business growing, you should consider the issue of investing into the inventory management system in order to control your reserves more efficiently. There are many reasons why […]
08 May 2017
•Read 5 minutes
Accelerating inventory turnover: how to influence the indicator
How to improve the inventory turnover rate in every point of supply chain: supplier-manufacturer-distributor-retail? Implementation of the Theory of Constraints (TOC) tools, especially the Dynamic buffer management allows to considerably improve the inventory turnover and business performance rates. Inventory turnover is the estimate indicator. In order to choose the methods of influence on it, let’s […]
19 Mar 2017
•Read 5 minutes
Branded retail chain: the nuances of accounting and general management
Branded retail chain – where to start? The main aims for opening a branded retail chain are: The main goals of the branded retail chain are: How did the format of branded retail chain appear? The branded retail chain resulted from artisan classes, stationary points of sale, uniqueness of the artisans’ tools and technologies. […]
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