A conversion funnel is an e-commerce ter ... A conversion funnel is an e-commerce term that describes the different stages in a buyer’s journey leading up to a purchase. The funnel metaphor illustrates the gradual decline of the number of potential customers as they are guided through the conversion path.
One of the most important matters in inb ... One of the most important matters in inbound process is ensuring the health and the originality of the goods in the fastest possible way, in this article we are trying to speed up the inbound process by AQL concept (Acceptance Quality Limit).
Stock taking is the counting of on-hand ... Stock taking is the counting of on-hand inventory. This means identifying every item on hand, counting it and summarizing these quantities by item. In this article we are trying to discuss on stock taking methods and algorithm in Warehouse Management Systems (WMS).
On of the main concerns that I have face ... On of the main concerns that I have faced during passed years in warehouse management concept was designing stowing algorithm based on AI concepts to manage warehouse storage locations and reduce the staffs covered distance inside the warehouse in picking process. In this article we are trying to discuss this further.
A performance indicator or key performan ... A performance indicator or key performance indicator (KPI) is a type of performance measurement. KPIs evaluate the success of an organization or of a particular activity (such as projects, programs, products and other initiatives) in which it engages.
A strategic supply chain management syst ... A strategic supply chain management system is vital to the success of any product based operation. It can lead to increased customer satisfaction, reduced operational costs, and steady cash flow for your business.
In the context of supply chain management, demand forecasting involves predicting future demand for products or services to ensure that the right quantity of goods is produced, delivered, and available to meet customer demand. Accurate forecasting in supply chain management is essential to optimize inventory levels, reduce costs, and improve customer service. Forecasting methods commonly used in supply chain management include quantitative methods, such as time-series analysis, regression analysis, and causal modeling, as well as qualitative methods, such as market research and expert opinion. However, supply chain forecasting is a challenging task, as it requires dealing with multiple sources of variability, such as seasonality, trends, and unexpected events, such as natural disasters, economic downturns, or pandemics. Therefore, forecasting in supply chain management involves not only using the right methods and tools but also understanding the business context, interpreting the data correctly, and incorporating human judgment and experience to make accurate predictions and informed decisions.