Supply chain issues have been one of the ongoing issues with the pandemic plaguing way more than just eCommerce companies. Any company that relies on getting their products or supplies from one place to another has been dealing with delays and reduced levels of production since the beginning of the pandemic. One of the areas
During a company earnings call in June CFO of Nike, Matthew Friend remarked on the company's plan to launch its new global ERP system so as to increase product visibility and productivity. Nike is attempting to combat its increased levels of “in transit” inventory by becoming more agile with such a quickly changing market. This
One of the most popular terms we’ve been hearing about in the news lately is “inflation”. But what is it exactly? In short, inflation is simply the rate of increase in the price of goods and raw materials over the course of a given period. When looking at inflation from an eCommerce perspective, it really
Amazon, one of the largest and most profitable shipping, fulfillment, and delivery giants in the world is currently feeling some aftershocks of the pandemic. Earlier in the year during a company earnings call, Amazon CFO Brian Olsavsky speaks to added costs in Q1 due to excess fulfillment, transportation capacity, as well as less efficient warehouses,
According to an internal leaked document, Amazon has expressed concerns about running out of available people to hire by 2024. The document in question was originally reported on by Recode of Vox stating: “If we continue business as usual, Amazon will deplete the available labor supply in the US network by 2024.” This document was
Get the latest and most important warehouse and Inventory Management news in our monthly collection. Walmart Invests in Symbotic as part of Its Automation Strategy Walmart has taken a stake in Symbotic Inc. amounting to 11.1% of the company’s total common stock and 4.3% of its voting power, according to a securities filing...
The inventory management process is one of the most pivotal aspects of businesses with products coming in and out at a high rate. Even for the smallest of businesses, properly managing your inventory without taking up a large portion of your day can be a struggle many companies fail to get right. We live in
Having a professional order management system in today’s day and age is a must for businesses looking to scale. A high-quality OMS alleviates a lot of the pain points involved in common supply chain management tasks. Taking things a step further is the idea of utilizing a hosted option. By making use of cloud hosting
Professional services automation, otherwise known as PSA, is the process of taking your hard or repetitive tasks and putting them in the hands of professionals or software tools designed to better handle such tasks. Automating all of your business processes is the dream we all want to get to, unfortunately, that’s easier said than done.
Today we’re going to take a look at some of the most effective solutions in the world of business management software. This type of management is specifically designed for very technical problems that computers are simply better at than we humans. Problems where if just one little thing is out of place, the whole system