Slow moving inventory is a situation which almost every retailer has to deal with at some point. The good news is that you can prepare for slow moving inventory if you focus on proper inventory management practices. Managing these circumstances carefully saves capital and keeps your profit margins stable. Defining Slow Moving Inventory There are actually a few different ways to define what slow moving inventory means. For example, some define it by the number of overstocked items. But the most inclusive definition concerns the amount of time a product remains on the shelf before it is eventually restocked. This...How to Deal With Slow Moving Inventory
Slow moving inventory is a situation which almost every retailer has to deal with at some point. The good news is that you can prepare for slow moving inventory if you focus on proper inventory management practices. Managing these circumstances carefully saves capital and keeps your profit margins stable. Defining Slow Moving Inventory There are actually a few different ways to define what slow moving inventory means. For example, some define it by the number of overstocked items. But the most inclusive definition concerns the amount of time a product remains on the shelf before it is eventually restocked. This...
How to Manage Supply Chain Risks
From startups, to small operations, to large corporations; one of the common methods many businesses use to get an edge is to go global. This can involve anything from moving manufacturing to a more affordable foreign location, to actively expanding operations and sales to an international level. As the supply chain grows longer and branches grow further, increasing complexities and risks will occur that require proper management solutions to avoid harming your business. (more…)
Effective Returns Management
Retailers are on the eve of what will be the most profitable segment of the year. September through to the Christmas season typically means higher volume sales and more customers walking through doors and visiting web sites. But then the best months of the year are immediately followed by the worst, as it relates to returns, that is. Just like the last few months of the year account for higher sales, the first few months of the year account for the highest proportion of returns, between 40%-60% by most statistics. From January to March, the regret starts rolling in and...Reasons to Use Direct Mail Marketing Over Email Marketing
Direct marketing is a form of advertising where communication from a business is used to motivate action from a consumer. At the most basic level, this desired action could be to make a purchase, but it doesn't need to be. Visiting a website or ordering an information packet are other examples of the desired action. In today's electronic age, it may make sense to use email as the way to deliver your business's message. It is, after all, much faster and more widely-used than traditional "snail mail". However, direct mail marketing still retains several important advantages over email that must...
How to Gain Supply Chain Visibility
Getting a product from point A to point B sounds so much easier than the actual reality. The truth is, gaining effective supply chain visibility takes the trust and cooperation of several partners, along with the implementation of modern technology, in order to successfully track a product from manufacturer through to the customer. (more…)
Keys to Providing Successful Fulfillment for the Pharmaceutical & Medical Device Industry
Whether sending out samples and marketing materials to physicians, fulfilling pharmacy stock orders, or supplying hospitals or individual patients, the healthcare industry has unique needs for order fulfillment. In addition to the reporting and tracking often required by law, many pharmaceuticals are temperature sensitive and can thus create warehousing difficulties. The extra logistical concerns, combined with normal shipping difficulties, make healthcare and pharmaceutical fulfillment one of the most complex delivery operations a company can face. Since fulfillment services like APS Fulfillment specialize in order delivery, it makes sense to outsource your needs to a third party capable of tackling these...
Outsourcing Literature Fulfillment
Literature fulfillment, also known as print fulfillment, is when printed materials are stored, packaged, and delivered. This can include materials such as catalogs, postcards, sales packets, and flyers, or delivering orders for books or manuals. When properly executed, literature fulfillment can be a benefit to many businesses hoping to reach out to new or existing customers. However, it is also time-consuming and rarely a priority activity among companies. This is why shipping firms are perfect for literature fulfillment outsourcing. Regardless of whether your business plans on prolonged or one-time literature fulfillment, outsourcing should be considered. (more…)
Inventory Control Tips When Using Outsourced Fulfillment Services
As a small or medium-sized business (SMB) owner, thinking about inventory can cause some premature grey hairs. As a fulfillment services company that specializes in inventory management, APS Fulfillment, Inc. understands the stress SMBs go through in trying to properly coordinate and ship product orders. (more…)
The 5 Cs to Outsourcing Your E-Commerce and Warehouse Fulfillment Services
Deciding whether or not to outsource your company’s e-commerce or warehouse fulfillment services is an essential step for businesses that require fulfillment shipping. It requires finding a partner whom you’re willing to trust to keep your products safe and secure, as well as to ensure they reach your customers promptly and in good condition. In a sense, it means that you’re outsourcing part of your reputation. In many cases, the decision-making process for finding e-commerce fulfillment services can generally be broken down into five categories—in this case, we’ll call it the “five Cs.” (more…)
The Importance of E-Commerce Fulfillment
Customers today are all about the experience. From the moment they visit your website, customers want to feel catered to, which is one reason why user experience (UX) has become such a huge factor in swaying customer opinion. Consumers expect your site to be designed with them in mind—and your brand to be a part of their overall experience. (more…)
