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What is a Product Life Cycle and How to Manage it

What is a Product Life Cycle and How to Manage it Any product you sell in-store or online that lands up in the hands of consumers, has a product life

What is Excess Inventory and How to Manage it

What is Excess Inventory and How to Manage it When sales are up, business is peachy. But when they’re down, oh man! You’re not just dealing with a drop in

What is an ERP System, and How Does it Work?

What is an ERP System, and How Does it Work? Enterprise Resource Planning (ERP) software improves the efficiency of operations in production-based or distribution businesses. It works by merging separate

What is an SKU and Why it is so Important

What is SKU, and Why is it Important For Your Inventory Management System? Whether you’re selling products online or offline, you need a unique Stock Keeping Unit (SKU) number for

The Benefits of Sustainable Demand Planning

The Benefits of Sustainable Demand Planning Companies have a significant impact on the condition of the environment, and that’s why so many companies are changing their business practices to become

The Container Crisis: How It Happened and What to Do About It

The Container Crisis: How It Happened and What to Do About It The current issue with container shortages has impacted companies since the start of the pandemic—the lead times for

How E-Commerce Can Make a Difference with Sustainable Inventory Management

How E-Commerce Can Make a Difference with Sustainable Inventory Management Companies worldwide are making the stride to go green, meaning they are making decisions in their daily operations that will

Why AI Demand Planning Tools are a Must-Have for E-commerce in 2021

Why AI Demand Planning Tools are a Must-Have for E-commerce in 2021 Growing eCommerce businesses must establish a demand plan to maintain customer satisfaction while simultaneously minimizing excess inventory and