Have you ever waited to buy your desired item during holiday discounts? You probably did, as most of the brands offer decreased prices during special occasions and holidays to increase their sales, and we all know…

Bureaucracy is not the happiest yet unavoidable part of the eCommerce business. If you’re sometimes stuck at your business documents, having difficulties figuring out what is what, don’t worry; you are not the only one. …

There is so much noise about eCommerce and its thriving popularity in the 21st century that even the biggest fans of brick and mortar try their hand at it.    If you are one of…

We don’t want you to go into the guesswork of what a fulfillment center is and how it is different from a warehouse or distribution center. So, we’ve designed this blog post that will answer…

At the end of the year, professionals trawl the net to find which trends or changes they should expect for the upcoming year.    If you are engaged in supply chain management, you can skip…

If you are directly engaged or somehow related to the eCommerce industry and don’t know about dark stores yet, you’d better hurry up to fill in this gap. We state this as dark stores are…

You have probably seen serial numbers many times, as most of your surrounding products have one. In the case of hardware products, you can see serial number on the device’s surface. Software product serial numbers…

With a limited product turnover, inventory management can be an easy, sometimes even manual task for a starting company. However, as your business progresses, you can’t enjoy the luxury of simple inventory management anymore.   …

To ensure long-term success for your business, it is essential to set the right selling price for your product.    Underpricing your products and services can cause significant financial and resource damages and drastically affect…

A lot number is a one-of-a-kind code assigned by manufacturers to a batch of items made in the same run using the same components, materials, or other attributes.  It is also referred to as a batch…

It is crucial to understand that making a profit is one of the most critical business objectives. To reach that goal, it is essential to set reasonable prices that consider the expenses of manufacturing and…

A reorder point is the minimum inventory level for a specific product. At this point you are prompted to reorder additional inventory.    If everything runs smoothly with your purchase process and supplier fulfillment, the…

If you deal with inventory operations, you probably wonder: “What does MRO stand for?”. MRO is an abbreviation that stands for maintenance, repair, and operations.     It refers to the items, tools, and various operations…

There is no definite answer to the question of “How much inventory should I start with?”. However, some practices and formulas can help you develop a practical and efficient inventory strategy.  It is crucial to…

Choosing the right inventory costing method is critical for stock management, order fulfillment, and overall manufacturing organization to grasp the cost of products sold. This helps the business to be successful in the long run. …