Archive for August 2017
Pros and Cons: The Use of RFID for Inventory Management
Knowing your current inventory is at the heart of your company, and for warehouse managers and operations, inventory visibility and control are key to maximizing throughput and boosting productivity. In fact, new inventory management technology, like radio-frequency identification (RFID) tags, have been created to increase visibility and tracking of products, pallets and shipments in warehouses…
Read MoreThe Many Types of Inventory Management Technology
There are diverse types of inventory management technology and systems, designed to properly sort, control and act upon information with a company’s inventory. As explained by Kenneth Hamlett of the Houston Chronicle, the two dominant types of inventory management technologies include manual and automated systems. But, there are additional levels of inventory management in between. Manual Systems. The…
Read MoreOmnichannel Retail: How Retailers Can Compete in the Omnichannel World of Amazon.
Amazon Prime Day 2017 was a major success. The e-commerce giant shattered online sales records for Black Friday, Cyber Monday and previous Amazon Prime Days. According to CNBC, Amazon’s third Prime Day garnered the attention and money of shoppers in 18 different countries and grew sales by 60 percent over 30 hours. In addition, Walmart and…
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