The Real Cost of Inventory What does dead inventory truly cost? We talked already about traditional warehouses that serve manufacturers and wholesalers. For a long time they had been seen as buffer within the supply chain and then have evolved to vital links of distribution centres, situated closer to end customers. But whether it’s traditional […]
The OEM & ODM Practice boost your retail business Traditional sourcing practices are outdated. Advanced technology, digitalization, and IT infrastructure empower especially retailers to engage in e-sourcing rather than playing a passive role within the supply chain. The shift affects all participants and everyone is challenged to respond by transforming operational processes. As result, you […]
The E-Sourcing Process an opportunity for retailers In our previous blog post we discussed the role of warehouses and showed that sourcing processes evolve within the supply chain. At that period of time suppliers needed to manage and maintain their stock in large warehouses and engaged directly to wholesalers only. Those traditional warehouses and the […]
Freight Consolidation an opportunity in the procurement process The purpose of freight consolidation is to take various shipping arrangements a business engages in and pull them into one system which is conducted by third party logistics companies. Truck Load Shipments The costs of a truck per mile are always the same regardless of what is […]
Drop-Shipping a distribution strategy for your e-commerce business Drop-shipping is a type of distribution strategy mainly used by small to medium sized companies, a retail fulfillment method where retailers do not store products themselves. If retailers sell products to end customers, they purchase it from the manufacturer directly or from distributors and let it ship […]
OEM & VAR companies require a tight cooperation OEM stands for Original Equipment Manufacturing, a company whose goods are purchased by a retail company. That retailer then sells the end product to consumers. That means, the retail company which purchased those items from the manufacturer (OEM company) adds values to the product itself in various […]