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Golf and How to Avoid Shanking Your Next WMS Project

Logistics Viewpoints

Understand that it’s a collective effort and harmonize your project to ensure a good RFP of your wants and needs before you schedule any solution demos. This means prepping potential providers on the specifics of your project, so you don’t waste time sitting through demos that don’t apply to your situation. Understand the Course.

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How to Calculate Beginning Inventory and Why You Should Track It

Ship Monk

By value , we mean how much that inventory cost to make or purchase, plus how much it’s costing you to store it. How to Calculate Beginning Inventory. Ending Inventory + COGS – Purchases = Beginning Inventory. Beginning Inventory + Purchases – COGS = Ending Inventory. however often you’re counting inventory.

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Bringing Order to Chaos: Last-Mile Delivery Costs and How to Reduce Them

Locus

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Read also: How to Calculate the Cost of Transport 2. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%.

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How to Generate More Pest Control Leads in 5 Simple Steps

WorkWave

GET A FREE DEMO 3) Improve Sales and Customer Service Improving sales and customer service is crucial for businesses looking to thrive and succeed in today’s competitive market. How to Get Referrals To effectively obtain referrals, there are various strategies and methods that can be implemented. Book your free demo today!

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Customer Relationship Management for Ecommerce Brands

Ship Monk

Customers are mostly anonymous, and purchases are made or abandoned, seemingly on a whim. This data usually includes the customer’s contact information, address, purchase history, social media engagement, email click-throughs, and dozens of other data points as they become available.

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How to Avoid Fulfillment Mispicks in Ecommerce

Ship Monk

How to Reduce MisPicks Because mispicks can be caused by any number of processes, preventing them should become a company-wide goal. Our MonkProtect post-purchase suite enables customers to track their orders on a branded tracking page, and easily self-report issues through an automated claims portal. Still, nobody’s perfect.

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How to Calculate and Apply ABC Classification of Inventory

EazyStock

The graph below illustrates how 80% of a company’s sales revenue comes from 20% of their stock items: ABC analysis & The Pareto Rule for inventory management. How to Calculate ABC Classification. Here is a working illustration of how to divide your inventory using annual consumption value.