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7 Cost Saving Tips Every Supply Chain Manager Should Know

3PL Links

Example: Retail giant Zara uses real-time data from its stores to adjust inventory dynamically. Warehouse Automation: Automated picking and sorting systems can improve accuracy and speed while reducing the need for manual labor. In many cases, automation can reduce picking errors that lead to returns and lost customer trust.

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Best Practices for Importing via LTL Freight

Freightera

The shared nature of LTL increases the likelihood of delays, as shipments may need to stop at multiple terminals for sorting and consolidation. Another benefit, for example, is that grouping shipments that have the same destination or route can minimize the amount of handling. Happy shipping!

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Getting value from the general ledger within your ERP system

SYSPRO Smarter ERP

The general ledger (GL) is the recordkeeping system used to sort, store, and summarize a company’s financial transactions over time. One of the best practices to ensure integrity, even though it is old school, is the segregation of duties, for example, between the ability to raise a GL journal and approving the journal.

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What eCommerce Business Owners Get Wrong During the Holidays

Ship Monk

First, no matter the size of your business, it’s imperative to have some sort of trajectory for every quarter, as well as the end of the year. For example, say you sell activewear to women. For example, if you’re changing it up for Christmas, add a few decorative graphics to your website and run a promotion like 12 Days of Deals.

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Shelf Stable Food Commodities

ECW

Take the Panama Canal, for example. For example, the ILA labor contract, which expires at the end of September, could lead to a strike affecting around 100 ports if not successfully negotiated. It takes more time and money to unload, sort, and store these products. This would have profound economic consequences.

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Four easy warehouse wins for your manufacturing or distribution business

SYSPRO Smarter ERP

For example, by stacking containers higher you can make use of vertical space, and mobile shelving units can be useful for seasonal products. When printing your packing slips, simply sort by bin location. For example, the old handhelds took 20 to 60 seconds to load a list of lots. Use space-saving containers or shelving.

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How manufacturers can enable innovation on the factory floor

SYSPRO Smarter ERP

A simple example of this would entail considering inventory and stock on hand (internal data) along with changes in weather patterns due to climate change (external data), and how both factors affect a factory’s ability to deliver on its orders.