There’s a fine line between lost sales and spoilage. Here’s how to find it.
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How HIMPACT Started from a Legacy of Innovation in Inventory Management. When I reflect back on the past decade, the word that comes to mind is…wow! I can’t believe we…
Forward Buy Sync is a feature that synchronizes your forward buys to future deal start dates. Stepping back for context – The Negotiating Window: Forward buying offers a unique opportunity…
How to Easily Fill One or Several Trucks for any Given Order for Improved Profit and Buyer Productivity Shipping Costs are Raising Freight rates have been climbing over the past…
Save time and resources reviewing large orders with thousands of SKUs. The term “management by exception” came out of the 1960s and revolutionized the thinking of the time. The idea…
The time it takes for the system to be implemented, buyers to be trained on the system, and for you start seeing benefits is as quick as 4-6 weeks. When...
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Retailers with multiple locations inevitably have to deal with higher inventory costs because they need to hold the same items in multiple locations. As a result, distribution costs tend to…
Before you order from outside the company, wouldn’t you like to know if you have too much of a given item at another warehouse or store? If you are overstocked…
Many retailers would agree that they want their inventory systems to achieve specified service goals. However, fewer retailers are aware of the costs associated with overshooting these service goals. Your…
While no company can profitably achieve 100% service, the goal is to set service level targets in a way that maximizes profits and yet allows for Marketing and/or Sales to…
