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inventory

What’s Safety Stock? How Does It Affect Inventory Management?

What Is Safety Stock and Why Is It So Important? Safety stock, also called buffer stock, is the stock you order additionally. Almost all companies will set up safety stocks to cope with emergencies. This kind of inventory helps reduce the risk of out-of-stock product sales, loss of sales, or the possibility of customer dissatisfaction. […]

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3Pl inventory warehouse Warehousing Fulfillment

How to Improve Inventory Tracking?Simple Guidance for You in Inventory Management

With the rapid development of third-party logistics, 3PL‘s advanced inventory management system can save you time and money. However, for companies with relatively small business volume, in-house management is still required. Choosing the right inventory tracking method can help improve inventory accuracy. What Are the Types of Inventory? Before you can improve warehouse management, you […]