Retailers today are in a constant balancing act – they need to satisfy their customers needs for choice, availability and value while making a profit for the business. This can be tricky but one of the key ways retailers can acheive the perfect balance is through...
Whether you’re new to logistics or a veteran, safety stock is an important concept that many people can be confused about. As a simple explanation, safety stock is an extra amount of stock that is maintained to mitigrate a risk of stockout. That is all well and...
"More goods in the warehouse also means that more money is tied up in the warehouse, which could perhaps be used for other initiatives in the company...”
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