Amazon Charging Excess Inventory Fees to Address Storage Issues

| Mike O'Brien

In an effort to address overcapacity issues in its dozens of fulfillment centers, Amazon has instituted new charges that will penalize third-party sellers – who make up more than half of its sales – for having slow-moving inventory. See what these changes mean and what else Amazon is doing to deal with inventory overflow.

8 Benefits to Accurate SKU Dimensions, Weights in Your Warehouse

| Brian Barry

Without accurate SKU dimensions and weights for each item in their warehouse, companies struggle to provide basic data for slotting, better capacity planning and if necessary, full truckload or LTL planning, paying more than is necessary in freight costs. Here are 8 steps to better SKU dimensioning in your operations.

6 Steps Toward Making Inventory Management More Strategic

| Brian Barry

Retailers and ecommerce companies have spent considerable sums on inventory management, filling customer orders from multiple shipping points. Your company can benefit by adopting a strategic approach to optimizing inventory that will help maximize sales and profits and improve customer service.

Retail Transformation: Strategies to Make “Fulfill From Store” A Reality

| Brent Felker

It’s hard to escape the chatter claiming the death of the traditional retail store. And, when stores do go bankrupt, we hear the same explanation: Ecommerce and direct-to-home delivery has turned brick-and-mortar retail into an outdated model for serving customer needs and desires. Here are some key areas to think about when fulfilling from a retail store.

A 6-Step Process for Improved Inventory Management

| Brian Barry

In omnichannel and ecommerce companies, inventory management, including tracking and reserving inventory for orders, is crucial for maximizing sales and improving customer satisfaction. Here is a 5-step process for assessing your inventory systems and developing an action plan for improvement.

How to Collaborate with Suppliers for Better Demand Planning

| Rod Daugherty

To compete and succeed today, think of supply chain planning as significantly more than replenishment. One critical area is collaborative demand planning with your supplier partners. Here are some steps you can take to create and sustain a collaborative process that is mutually beneficial.

Anticipate Customer Desires with Precision Inventory Planning

| Rod Daugherty

Big data analysis has revolutionized the understanding of customer demand, providing visibility and precision for inventory planning on a whole new level. Now you can not only better understand what influences buying behavior but begin predicting what and when customers will buy with unprecedented accuracy.

How to Gauge Your Inventory Management Health

| John Macomber

Every day, small and midsize businesses face inventory risks that, if left unmanaged, can negatively impact the bottom line. However, these issues can often be diagnosed well in advance with the right preparation. Asking your team the following questions can help you accurately gauge the health of your inventory management processes.