What Is FIFO?

What Is FIFO?

Inventory management is so important when managing your eCommerce business. Planning your inventory can make a huge difference in your profit margins and cash flow. FIFO (first in, first out) is an essential concept to understand and follow. This method can help you...
Inventory Metrics, Formulas and Terms

Inventory Metrics, Formulas and Terms

When it comes to inventory management, getting it right is essential. Inventory measures and calculations can help you with the analysis so that you can make future decisions based on them. The following are some of the most widely used measurements and their...
What Is Dunnage and Why Do I Need It?

What Is Dunnage and Why Do I Need It?

What is Dunnage? Dunnage is the material that is used to protect products and packages when being shipped. Dunnage can be made from a lot of different things that all have different uses. It can be everything from plastic inserts inside the product’s packaging, to the...
5 Tips To Reduce Logistics Costs

5 Tips To Reduce Logistics Costs

Let’s examine how you may cut costs on logistics, either by lowering shipping expenses or cutting manufacturing times and lead periods, now that you know what logistics costs are and how to try to compensate for them. 1. Find a source closer to home It’s a...
3PLs Keep Logistics Costs In Check

3PLs Keep Logistics Costs In Check

3PLs are logistics firms that specialize in inventory storage, packaging, and delivery. Of course 3PLs charge fulfillment costs, but it is typically more cost-effective to collaborate with them than to attempt to do it yourself. Affordable warehousing costs Warehouse...