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Keys to Improve Your Warehouse Management

Warehouse managers have the difficult task of keeping track of all the materials in a warehouse, including where products are currently located and where they should be. You would think the advancement of software has made this job somewhat easier—and it has to some degree—but software advancement has also led to added responsibility.

What Is a Warehouse Management System?

Software that is able to process the day-to-day operations of a warehouse is considered a warehouse management system. Previously, these systems weren’t able to do much more than locate products within a warehouse—but warehouse management systems can now track a package for the duration of its movement from purchase to end user. Management systems should be able to process the associated transactions, including shipping, receiving, and pickups.

8 Tips to Improve Warehouse Management Process

Keep in mind that behind management technology are real people who are still responsible for the actual management. While the software has become a valuable tool in accommodating warehouse management, the human aspect still plays a vital role.

Below are some steps must be taken on a regular basis to ensure the warehouse operates at a premium level with minimal mistakes.

Keep the Warehouse Organized

An organized warehouse is a productive warehouse. If your facility is cluttered and cramped, it will be difficult to move product in and out efficiently. Work with your team to establish organization protocols and stick to them. This may involve color-coding certain areas, using specific types of shelving for certain products, and designating certain aisles for specific tasks.

Conduct Regular Audits

One of the most effective ways to ensure that operations stay at their peak performance is to conduct regular audits of existing systems and practices. Auditing helps make sure that materials are stored securely, proper labeling systems are in place, protocols regarding waste removal and safety measures are enacted, and all resources are properly allocated.

Reduce Inventory That Doesn’t Sell

Having too much inventory on-site ties up capital on items that are not moving, so take a look at what has been sitting in the warehouse for an extended period and consider writing it off or reducing its quantity. Additionally, you may want to take steps to prevent overstock in the future by having better visibility into sales trends and being flexible with orders or lead times.

Avoid Delays when Receiving Shipments

Setting a timeline for incoming orders to be processed and ensuring staff are trained in proper receiving procedures are key steps in avoiding delays that could potentially prohibit future orders from being fulfilled correctly and on time. Establishing an efficient supply chain process with coordination between vendors and warehouse managers is also vital to a successful delivery system.

Invest in Employee Training

Effective employee training can help to ensure that operations run smoothly and efficiently, with fewer mistakes being made along the way. It can also improve morale as employees feel empowered by the knowledge and resources they have had access to when training. Warehouse management processes should also involve creating a clear chain of command with outlined roles and responsibilities, so everyone is kept up to date.

Take Advantage of Technology

Technology can be used in a number of ways to increase the efficiency of your warehouse management process. Utilizing a warehouse management system can automate a number of tasks and keep track of inventory levels, allowing you to manage your warehouse more effectively. You can also use barcoding and RFID tags to keep track of products and locations within the warehouse, which can save time when searching for items.

Get Automated

Automation can help you save time and money, increase accuracy, process orders faster, and reduce errors along the way. Furthermore, automated reporting tools can provide powerful insights into any changes that need adjustments as well as enable forecasting of potential problems before they arise.

Consider a Fulfillment Center

Warehouse and fulfillment centers form an integral part of the logistic industry and integrate with the warehousing process. Fulfillment centers are designed with streamlined structures to make receiving orders, managing inventory, and dispatching shipments quick and efficient. Furthermore, managers have better control over activities while reducing time and labor costs.

Get in Touch with APS Fulfillment, Inc. for Your Warehouse Management Needs

You may look at this list and wonder how you can implement any of these changes—or you may feel like you already have a fair grip on the way your warehouse is currently managed. But the goal is not to be “fair” or feel afraid of change. APS Fulfillment, Inc. can find and execute warehouse solutions to take your fulfillment services to the next level.

We are based in Florida but offer shipping fulfillment for clients worldwide. If you require fulfillment services, contact us today.

Also read: How Packaging Helps in Successful Warehouse Management?

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Everything You Need to Know About Last Mile Delivery

The last mile of a product’s journey from the supplier to the customer is often seen as the most critical. After all, it’s the final stage in getting the product into the hands of the consumer. That’s why e-commerce businesses need to carefully consider their last mile delivery solutions. In this blog post, we’ll take a look at everything you need to know about last mile delivery, from its challenges to its benefits. By understanding all aspects of this complex process, you can make sure that your business is using the best possible solution for your customers.

What Is Last Mile Delivery?

Last mile delivery is a term used to describe the process of delivering a product directly to its customer’s door. It helps businesses reach their customers quickly and efficiently by delivering exactly what they are looking for in an efficient and secure manner. Last mile delivery is critical in today’s e-commerce world, since it helps minimize long delivery times, unsatisfied customers, and costly returns.

Last mile delivery has become even more important than ever due to the rise of online ordering during the pandemic and increased consumer demand for speedy home delivery. Last mile delivery logistics have become increasingly essential in providing better customer experiences with efficient delivery solutions that can meet the needs of all consumers including those located in rural areas.

What Are Some Challenges with Last-Mile Delivery?

Last-mile delivery is a critical element that faces a number of challenges in order to ensure customer satisfaction. Below are a few of the main challenges with this delivery system.

  • Cost: Above all, cost is an issue as the expense of moving goods from distribution centers to their final destination is often highly expensive. As such, finding ways to reduce these expenses without sacrificing efficiency or quality can be difficult for many businesses.
  • Efficiency: This is a major factor that retailers have to consider with last-mile delivery. There are only so many packages that can be delivered at any given time and for these services to remain competitive, there needs to be a certain level of consistency in both speed and cost.
  • Transparency: The complexity of last mile delivery requires transparency throughout the process—from pick-up to drop-off—so that any issues encountered along the way can be quickly resolved. This transparency helps provide greater visibility into the product’s journey and ensures customers know exactly what to expect from their delivery experience.

How Does Partnering with a 3PL Help with Last Mile Delivery?

Partnering with a third-party logistics provider (3PL) can be an effective solution for businesses looking to optimize their last mile delivery services. Here’s why:

  • Distributed Inventory: By entrusting a 3PL provider with distributed inventory, companies will be able to efficiently predict demand to ensure supply and avoid unwanted shortages. Additionally, by integrating the technology of the 3PL provider into their business operations, businesses will gain visibility into their inventory and have more accurate tracking of any order shipped to customers.
  • Decreased Overhead Costs: Business owners won’t need to pay extra for leasing warehouses, hiring drivers, purchasing vehicles, or carrying hefty insurance policies when they work with a 3PL provider. These cost savings can add up quickly and be passed along to customers in the form of lower delivery rates and improved delivery times.
  • Route Optimization: With sophisticated route optimization software, businesses gain access to strategies that help them to reduce transportation and delivery costs. Route optimization employs complex algorithms to generate automated routes that better utilize resources such as vehicle capacity, labor hours and navigation restrictions.
  • Returns Management: A great way to streamline the process of returns and significantly reduce associated headaches is by incorporating a third-party logistics (3PL) provider into the mix. A 3PL can help manage customer support, monitor customer inventory levels and track product returns with exceptional accuracy and timeliness.

Contact APS Fulfilment Inc. for the Best 3PL Solutions

If you need efficient, cost-effective and reliable third-party logistics (3PL) solutions, contact APS Fulfilment Inc. With decades of combined experience providing these services to the industry, we have developed disciplined processes that guarantee an unmatched level of satisfaction to our clients. In addition to a providing wide range of 3PL services that include warehousing and delivery as well as order management and tracking, we also offer technological advantages and quick response times. Get in touch to take advantage of APS Fulfillment’s end-to-end fulfillment services.

Also read: What Is a Mis-Shipment and How Can It Affect Your E-Commerce Business?

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What Are SKUs and Why Are They Important for Your E-Commerce Business?

Knowing what a SKU is can be incredibly useful for businesses and their consumers alike. Every product has its own unique SKU, which helps track inventory and sales. If you are running an e-commerce business, it is important to understand SKUs and how to create them. In this post, we will discuss the importance of SKUs in e-commerce and how they can help you grow your business.

What Is a SKU?

A SKU, or stock keeping unit, is an identification code that unique identifies an item for sale—these codes are like barcodes in stores but contain more information than a barcode normally would. SKUs should include details such as product size and color, which helps ensure the product being purchased matches customer expectations.

Why Are SKUs Important for E-Commerce Stores?

For businesses that use SKUs, they provide helpful metrics about inventory and sales. Knowing where stock is currently located and what type of demand each item has is invaluable to running a successful operation. Below are some of the benefits of SKUs for e-commerce businesses.

  • Provide Real-Time Inventory Status: By giving each product a unique number for identification purposes, SKUs allow store owners to keep real-time inventory status, ultimately providing customers with the best selection possible at any given time.
  • Identify Shrinkage in Inventory: By assigning a distinct SKU number to every product, it makes it easy to detect product shrinkage from the inventory due to activities such as shoplifting, employee or customer theft, or incorrect ordering.
  • Help with Sales Forecasting: SKUs also serve as a framework for sales forecasting, allowing marketers to anticipate customer needs based on trends in sales data.
  • Advertising and Marketing: SKUs can benefit advertising and marketing efforts by providing key insights that guide campaigns and shape the customer’s journey through the store.
  • Enhance Customer Experience: Ultimately, effective use of SKUs helps create an enhanced experience for customers; they can quickly find what they need without having to ask employees or waste time searching through the store’s selection.

How Do You Create SKUs for Your Inventory?

Before you can start generating SKUs, it is important to have a solid understanding of what will make up the structure of each one. Think carefully about how to best organize your items by size, color, feature set, or another relevant attribute.

Once you have determined this factorization, the rest of the task is just data entry—assign unique values to each attribute and combine them into a complete SKU code. Your ultimate goal should be to design a system that everybody can understand and use quickly so that no time goes wasted when managing your store’s stock.

How Do You Calculate SKUs?

The process of calculating SKUs isn’t overly complicated and can be broken down into a few simple steps. First, connect your current stock information with purchase orders that have been placed by customers. This will give you the numbers you need to determine how many SKUs you currently have in stock.

Next, tracking the shipment of any returned items is key—if any products are returned from fillers or distributors, reenter them into your inventory so the stock count can be determined properly.

What’s the Difference between a SKU and UPC?

UPC stands for Universal Product Code. This is usually found on products in that long barcode-like string of numbers that we have all come to recognize.

The difference between a SKU and UPC mostly comes down to their purpose; a SKU identifies the item within an inventory system while a UPC uniquely identifies it amongst all other items so it can be universally recognized.

Both options provide invaluable information essential to retailers identifying and purchasing products reliably.

Contact APS Fulfillment, Inc. Today to Learn More!

APS Fulfillment, Inc. offers e-commerce fulfillment services from Florida that branch out across the country, allowing us to meet yours and your clients’ specific needs. We have years of experience in the supply chain industry and are experts at implementing on-demand warehouse software or working out shipping logistics.

Get in touch with us today and one of our consultants will tailor a fulfillment plan that will help grow your business. To book a consultation, call (954) 582-7450 or email [email protected].

Related: How to Choose a Fulfillment Company When You Have a High SKU Count?

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What Is a Mis-Shipment and How Can It Affect Your E-Commerce Business?

Every e-commerce business faces the challenge of mis-shipments from time to time. A mis-shipment occurs when the buyer receives an incorrect order, either due to the fault of the business or with no fault at all. This could include a different product being shipped out than expected, more items received than paid for, or damaged goods arriving to a customer.

Whether it was accidental or intentional, the financial cost of mis-shipments can be significant for both customers and businesses, including cost of shipping, labor, and time. In this blog post, we will explore how to reduce mis-shipments in your e-commerce business.

Why Do Mis-Shipments Happen?

Even with all the technology available to businesses today, mis-shipments still happen. Often times, mis-shipments occur due to mail carriers not processing packages correctly. This can manifest in several different ways including untimely sorting, misplaced labels, or inaccurate tracking information.

All of these errors can easily disrupt the entire shipping process and cause items to be misdirected or unclaimed by their rightful recipient. Ultimately, a thorough understanding of each step of the shipping process is key in reducing instances of mis-shipments.

What Are the Consequences of Mis-Shipments?

Mis-shipments can cause great frustration for both customers and business owners, and the consequences of such an event can be significant. Customers may find that they have not received the product they need after waiting a long period of time, potentially leading to cancelled orders.

Business owners who are responsible for mis-shipments not only risk alienating their customers with delays which affect the customer journey, but also incur financial losses through sorting out delivery issues as well as costs associated with refunding purchases or supplying replacements.

Ultimately, mis-shipments can be disruptive and expensive to deal with, creating problems both sides would rather avoid.

How Can Businesses Reduce Mis-Shipments?

To minimize the effects of mis-shipments, businesses must ensure a rigorous quality control process is in place throughout the supply chain. Below are some tips to consider:

  • Conducting regular inventory checks and using barcode scanners for accurate picking will make sure the right items are being sent out
  • Enacting quality control checks on a daily basis prior to shipment and having open communication with carriers will help ensure orders arrive in time
  • Using a robust order management systems can also help streamline processes
  • A fast returns process that is simple for customers to use will make it easier to react quickly
  • Working with a reliable third-party logistics provider can prove beneficial since they can provide the expertise necessary to ensure successful deliveries

Contact APS Fulfillment, Inc. to Help Your Business Prevent Mis-Shipments

APS Fulfillment, Inc. offers full-service e-commerce fulfillment out of Miami that includes state-of-the-art warehouse management software (WMS). Get in touch with us and one of our consultants will tailor a fulfillment plan designed to grow your business. Book a consultation by calling (954) 582-7450 or email [email protected].

Also Read: How Can Two-Day Shipping Help Your E-commerce Businesses Grow?

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What Is Demand Management in the Supply Chain?

Demand management is an important part of any successful supply chain. It can be thought of as a way to anticipate and manage customer demand for the products or services you provide. By understanding how customers are likely to demand your products, you can make sure that your production, inventory, and distribution processes are running efficiently and meeting the needs of customers in a timely manner. In this article, we explore the various aspects of demand management and how it can benefit the supply chain.

What Is Demand Management?

Demand management enables supply chains to accurately predict customer demand, which can then be used to optimize operations and avoid costly overstocking. By combining demand management forecasts with other analytics, such as inventory levels and sales data, companies can successfully manage their inventory and production processes for maximum efficiency.

Additionally, demand planning predictions can help companies reduce risks by understanding when to speed up or slow down production based on changing market trends. Ultimately, effective demand management ensures that customers receive what they need when they need it while keeping businesses ahead of the competition.

4 Key Aspects of Demand Management

There are four key aspects of demand management. All together, these four aspects form the backbone of a successful demand management system that helps companies achieve strategic goals efficiently at minimal cost.

  • Forecasting: Forecasting entails anticipating future customer demands through understanding patterns across different timescales.
  • Supply Planning: Supply planning includes tracking current inventory levels and managing the supply chain in order to ensure requested goods and services are available as needed.
  • Demand Analysis: Demand analysis digs deeper into understanding customer behaviors and preferences so companies can better meet their needs as they evolve over time.
  • Sales and Operations Planning: This combines both forecasting and supply planning while factoring in external constraints such as regulations or competition.

Objectives of Demand Management

Effective demand management helps organizations to reach their customer service and financial goals in more ways than one. Below are some of the main objectives of demand management:

  • Improves Product Forecast Accuracy: By placing a focus on quantitative and qualitative data analysis, businesses are able to improve product forecasts with greater accuracy, allowing them to purchase necessary products in an optimal way and reducing costs associated with carrying excessive amounts of stock.
  • Improves Customer Experiences: Labor demands can be managed through an improved understanding of customer preferences to ensure the right skillset and number of staff are available on-site at any given time. Better customer service can be achieved by accommodating their needs for various products or services.
  • Creates Efficient Cash Flow Management: By anticipating future trends the company will benefit from forecasting cash flow accurately resulting in greater financial stability.

Get in Touch with APS for Your E-Commerce Fulfillment Needs

Leave your customers satisfied and boost margins with APS Fulfillment, Inc. as your 3PL provider. APS offers full-service e-commerce fulfillment out of Miami that includes state-of-the-art warehouse management software (WMS). Get in touch with us and one of our consultants will tailor a fulfillment plan designed to grow your business. Book a consultation by calling (954) 582-7450 or email [email protected].

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How Can Two-Day Shipping Help Your E-commerce Businesses Grow?

In our fast-paced world, customers want their orders as soon as possible. That’s why two-day shipping is so important for e-commerce businesses. In this post, we will discuss the benefits of two-day shipping and how it can help your business grow. We’ll also give you some tips on how to make the most out of two-day shipping for your customers!

What Is Two-Day Shipping?

Two-day shipping is the perfect solution for shoppers who are in a rush to receive their products at home. Essentially, this shipping method guarantees that customers will receive their purchases within two business days after they order them. This means shoppers can expect to have the items they need delivered quickly, without having to worry about delays or other hiccups along the way.

How Does 2-Day Shipping Work?

Two-day shipping is made possible by the continuous coordination and communication between carriers, shippers, customers, and retailers.

A retailer will collect the product from their factory, warehouse, or distribution center and then forward it off to the designated carrier. Once with the carrier, they assign it to the right transportation method based on cost and logistics such as road, air, or sea depending on the distance needed to travel.

Along the path, they keep track of your package making sure it arrives exactly at the destination within two days. Every step is monitored and updated with digital tracking technology that customers now have instant access to so they can keep an eye on their order until it’s in their hands.

Advantages of Two-Day Shipping

2-day shipping is a game-changing service that provides convenience and flexibility to customers who shop online. Not only does it save immense amounts of time, but it also allows people to purchase items they’d normally be unable to get locally.

It eliminates waiting times between ordering a product and receiving it, which makes it an ideal option for customers who need goods in a hurry. On top of that, two-day shipping offers distinct cost benefits as well. Prices are often far lower than what’s available in local stores, allowing consumers to enjoy significant savings without sacrificing quality or selection.

Additionally, two-day shipping helps reduce the environmental burdens associated with traditional delivery methods by reducing transportation costs and pollution.

How to Execute Two-Day Shipping?

Executing two-day shipping requires careful planning and precise execution in order to deliver packages quickly and accurately. Companies should consider factors such as efficient package routing, accommodating delivery windows through increased labor hours, and utilizing regional warehouses that can stock local orders of popular items so they may be shipped quickly.

Keeping customer satisfaction top of mind is always key to executing the best possible 2-day shipping experience—that means doing things like tracking logistics carefully, making sure customer information is up to date, and swiftly responding to inquiries or addressing mistakes when they occur. With a few simple tips and short-term adjustments, businesses can effectively establish reliable 2-day shipping delivery services for customers.

Contact APS Fulfillment, Inc. for Affordable Shipping Solutions

At APS Fulfillment, Inc., we take great pride in the fact that our quality control procedures are state-of-the-art, and we guarantee 24-hour turnaround times for our service orders. Get in touch with us and one of our consultants will tailor a shipping fulfillment plan designed to grow your business. Book a consultation by calling (954) 582-7450 or email [email protected].

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How Packaging Helps in Successful Warehouse Management

The holiday season is a time when businesses see a surge in orders. It’s also a time when many businesses offer free shipping to their customers. Shipping fulfillment is critical during this time, and the packaging you use can make or break your success. In this post, we will discuss the importance of packaging in warehouse management and how it can help you achieve your shipping goals during the holidays!

The Role of Packaging in Warehouses

There are many reasons why packaging is important for warehouse management. Packaging plays a vital role in protecting stored items from damage, keeping operations running smoothly, and managing space efficiently. Below we look at a few of the key roles packaging plays in warehousing.

Damage Protection

One of the most obvious benefits of packaging is that it helps to protect stored items from damage. When products are properly packaged, they are less likely to be damaged by bumps, scratches, or other forms of wear and tear. This is particularly important for delicate items or items that are prone to breakage. Packaging not only helps to keep stored items in good condition, but it also reduces the need for repairs and replacements, which can save the company money over time.

Operations

Packaging can help to streamline operations in the warehouse. By using the right packaging, it can be easier to load and unload items and to keep track of inventory. In fact, packaging can be used to clearly label products and organize them in a way that makes them easy to find and retrieve. This can help to reduce errors and increase efficiency in the warehouse. Furthermore, packaging can help to automate some aspects of warehouse operations, such as inventory management and order picking.

Helps to Manage Space in Warehouse

Packaging can play an important role in managing space efficiently in a warehouse. By using smaller or more compact packaging, it can be possible to fit more items into the same space. In addition, by using packaging materials such as pallets and racks, businesses can make better use of the available space in their warehouses. This is especially important in warehouses that are short on storage space, and it can help to reduce storage costs and improve overall operational efficiency.

Efficient Transportation

Finally, packaging can help to make transportation more efficient and reduce shipping costs. If goods are not properly packaged, they can become damaged during transit, which can lead to delays and costly repairs. Proper packaging can also help to reduce the amount of waste generated in a warehouse, as well as the costs associated with waste disposal.

How to Optimize Packaging in Warehouse Management?

In any business, but especially in warehouse management, it is essential to optimize your packaging process. Below are some tips to consider:

Designate Proper Packing Stations

One way to optimize your process is to use proper packing stations. These stations should be designed for the specific products you are packing. They should also be ergonomic and allow for easy movement of product.

Source the Right Raw Materials

Another way to optimize your packaging process is to source the right raw materials. This means using materials that are strong enough to protect your product, but that are also lightweight and easy to handle. You should also consider using recycled, reduced & reusable packaging where possible.

Integrate Automation

Finally, you can optimize your packaging process by integrating automation. Automated packaging machines can quickly and accurately package products, freeing up your team to focus on other tasks. In addition, automated packaging can help to reduce waste, as you can program the machines to use only the materials necessary. This can help to improve accuracy and efficiency while reducing labor costs.

Get Solutions for Packaging and Warehouse Management with APS Fulfillment, Inc

At APS Fulfillment, Inc., we take great pride in the fact that our quality control procedures are state-of-the-art, and we guarantee 24-hour turnaround times for our service orders. Get in touch with us and one of our consultants will tailor a fulfillment plan designed to grow your business. Book a consultation by calling (954) 582-7450 or email [email protected].

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Everything You Need to Know About Flat Rate Shipping

If you’re like most business owners, you’re always looking for new and innovative ways to increase your profits. One way to do this is by implementing a flat rate shipping strategy. In this blog post, we’ll discuss what flat rate shipping is, the advantages of using it, and how it compares to standard shipping. We’ll also provide tips on how to make flat rate shipping work for your business.

What Is Flat-Rate Shipping?

Flat rate shipping is a strategy used by online retailers to make it easier for customers to know how much they will be charged for shipping upfront before they complete their purchase.

In flat rate shipping, the retailer sets a single price for shipping, regardless of the number of items in the order or the destination. This price is often lower than what the customer would pay if they were charged for shipping based on the weight or size of their order.

Difference Between Flat Rate and Standard Shipping

While flat rate shipping is a type of shipping where the customer pays a flat fee for the entire shipment, standard shipping, on the other hand, is where the customer pays a variable rate based on the weight and/or size of the package.

There are both pros and cons to standard shipping. Standard shipping rates can be more expensive for customers but may be more cost-effective for your business. This is because you only charge your customers based on actual costs incurred, such as weight and/or size.

Ultimately, the best strategy for your business will depend on your specific products shipping and shipping fulfillment needs.

When to Use Flat-Rate Shipping?

If you’re selling products that are all the same size and weight, flat rate shipping is a great option. This type of shipping is also a good choice if you’re selling heavy or large items. With flat rate shipping, you’ll know exactly how much it will cost to ship your products, which can help you keep your prices low.

When customers see that they can get their order shipped for a low flat rate, they’re more likely to complete their purchase. If you’re selling products that vary in size and weight, consider using flat rate shipping for orders over a certain amount.

For example, you could offer free standard shipping on all orders over $50. This would encourage customers to spend more in order to get free shipping. You could also use flat rate shipping for orders going to different parts of the country. Customers in remote areas often have to pay higher shipping rates, so offering a flat rate could entice them to make a purchase.

Pros of Flat-Rate Shipping

A flat rate shipping strategy has a number of advantages for both businesses and customers.

First, flat rate shipping is simple and easy to understand. Customers know exactly how much they will pay for shipping, and they can budget accordingly.

Flat rate shipping is also often cheaper than other shipping options, such as variable-rate shipping. This makes it an attractive option for businesses who want to save on shipping costs.

In addition, flat rate shipping can be used as a marketing tool. Offering flat rate shipping can make your business seem more competitive and attract customers who are looking for a good deal on shipping.

Cons of Flat-Rate Shipping

There are also a few potential downsides to flat-rate shipping.

For one, it can be difficult to accurately predict shipping costs when using a flat-rate pricing strategy. This is because flat rates don’t consider the actual weight or size of the shipment. As a result, you may end up overcharging or under charging customers for shipping.

Additionally, flat-rate shipping can complicate fulfillment, as you’ll need to be able to accommodate a range of different flat-rate options. This can add complexity and costs to your fulfillment process.

On top of that, flat-rate shipping may not be the most cost-effective option for every customer. For example, if you’re shipping a very small or lightweight item, it may be cheaper to use a per-pound shipping rate.

Contact APS Fulfillment, Inc. to Help You with Your Flat-Rate Shipping Strategy

APS Fulfillment is a Florida-based specialist in warehouse fulfillment. We have stored, sorted, and delivered products of all shapes and sizes for all kinds of companies and offer complete e-commerce fulfillment services to all of our clients.

Get in touch with us today and one of our consultants will tailor a fulfillment plan that will help grow your business. To book a consultation, call (954) 582-7450 or email [email protected].

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Inventory Days on Hand: Why It Matters and How to Calculate It?

Inventory days on hand is one of the most important metrics that a business can track. It is used to measure the number of days it would take to sell all of the inventory currently on hand. This metric is used to help businesses manage their inventory levels and keep inventories lean. In this post, we will explain why it is important and how to calculate it.

Why Does Inventory Days on Hand Matter?

As mentioned, inventory days on hand is a measure of how long it would take a company to sell through all of its inventory given the current rate of sales. This metric is important for several reasons.

It provides insight into whether a company has too much or too little inventory on hand. Too much inventory ties up working capital and can lead to stock outs, while too little inventory can lead to lost sales.

In addition, it can be used to forecast future cash flow needs. If a company knows that it will need to replenish inventory in the near future, it can plan accordingly and make sure that it has the necessary funds available.

Inventory days on hand is also a good indicator of a company’s overall efficiency. A company that is able to turn over its inventory quickly is likely to be more efficient than one that takes longer to do so. As such, this metric can be used as a benchmark for comparing different companies.

How to Calculate Inventory Days on Hand?

To calculate inventory days on hand, divide the number of days in a year by the number of times inventory is sold (or used) in a year. For example, if you sell 10 units of inventory per day, you would have 36.5 days of inventory on hand (365 / 10 = 36.5).

The average company has about 20-30 days of inventory on hand. If your company has less than this, it may be an indication that you are not carrying enough inventory to meet customer demand. On the other hand, if your company has more than 30 days of inventory on hand, it may be an indication that you are carrying too much inventory and not selling it fast enough.

Companies typically track inventory days on hand for each individual product or SKU.

Benefits of Lowering Your Inventory Days on Hand

In today’s competitive marketplace, having the products customers want is essential to success. By lowering your inventory days on hand, you can help ensure that you always have the products your customers need. Below are a few benefits of lowering your inventory days on hand.

  • Lower Costs: Carrying less inventory frees up cash that can be used for other purposes, and it also reduces the risk of inventory being damaged or becoming obsolete.
  • Faster Profits: Lowering your inventory days on hand can lead to faster profits. With fewer products sitting in storage, you can turn over your inventory more quickly and generate more revenue.
  • Fewer Stockouts: If you have less inventory on hand, you’re less likely to run out of products when customer demand is high.

How APS Fulfillment, Inc. Can Help You with Inventory Management?

At APS Fulfillment, Inc., we offer full-service e-commerce fulfillment out of Miami that includes state-of-the-art warehouse management software (WMS). We make inventory management and goods tracking easy and simple.

Get in touch with us today and one of our consultants will tailor a fulfillment plan that will help grow your business. To book a consultation, call (954) 582-7450 or email [email protected].

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What Is the Difference between Shipping and Delivery?

The terms “shipping” and “delivery” have become more popular with the rise of e-commerce. Online shoppers often assume these two terms are synonymous when, in reality, their meanings are completely different. Whether you’re an online retailer or a consumer, it’s important to note the difference between shipping and delivery. As a retailer, you should be clear about letting your customers know what their shipping and delivery dates are to avoid complaints and unhappy customers. In addition, online shoppers should make sure that they observe both dates when ordering something online in order to avoid disappointment—especially if their item is time-sensitive. We’ve outlined the definition of shipping vs. delivery, so if you’re unsure of the difference, just keep on reading!

What Is Shipping?

There are two main definitions of shipping when it comes to logistics. The first definition speaks to the size of the package. Smaller objects, such as shoes, clothes, and accessories, can fall under the category of shipping since they can be boxed and sent to the customer using a postal service. The second definition refers to when items are required to be sent to customers. As such, consumers can understand the shipping date to be the day on which the item was dispatched and begin making its way to them.

What Is Delivery?

Delivery often refers to larger objects, like major appliances and furniture, which require installation or a delivery person to fetch it inside your home—items that need to be delivered are usually too big to be shipped. Delivery is also the term used to refer to the date on which the package will arrive at the customer’s doorstep. However, this date is usually a general estimate since it’s uncontrollable by the vendor and can be delayed by unforeseen circumstances.

Shipping vs. Delivery: What’s the Difference?

Overall, there are two main differences between shipping and delivery. The first is the size: Smaller items are shipped while larger items are delivered. The second difference is the date on which each takes place. Shipping dates usually refer to when an item leaves the warehouse while the delivery date specifies when it should reach the customer.

If you’re looking for a fulfillment company that’ll make your delivery date almost the same as the shipping date, then choose APS Fulfillment Inc. We serve a variety of industries, so whether you’re looking to ship retail, healthcare or financial items, or commercial furniture, we’ve got the solution for you. One of the main benefits of allowing APS to handle your fulfillment needs is the flexibility it allows your business. You’ll be able to not only save money and time by eliminating the need to set up your own fulfillment system, but you’ll also be able to scale your fulfillment services depending on the growth of your business. Fast and dependable fulfillment services are integral to maintaining a good rapport with customers, which is why you should trust APS—we take extra care to ensure your customers receive their packages on time, and in good condition. Contact us today to learn more about how we can help your small business continue to grow.

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