When talking about acquiring goods or services for a company, you often hear people use purchasing and procurement interchangeably. However,…
Irene LuongFebruary 18, 2022
Since almost all retail businesses develop around their inventory management strategy, stock turnover rate is one of the most prominent…
Jackie TranApril 19, 2022
A barcode is a rectangular or square image of parallel black lines and white spaces in varying widths. Modern retailers…
Irene LuongNovember 24, 2021
Stockout is when customers can't find the product they want at their desired store or find the product in an…
Jeng NguyenNovember 24, 2021
Retailers need to do a physical inventory count once a year for tax purposes or just before a specific sales…
Jackie TranMarch 11, 2022
Cross-docking is the direct transfer of products from inbound to outbound shipping with little or no storage space between the…
Jeng NguyenNovember 23, 2021
The role of ERP in supply chain management is the efficient management of supply and demand through handling supply aspects…
Keenan PhamMarch 11, 2022
When starting a business, every owner must consider the need for a warehouse. It is a location where they can…
Keenan PhamOctober 8, 2021
ERP vs MRP will come to your mind when choosing a technology solution to optimize your resources. However, the fundamental…
Kate N.March 11, 2022
