Inventory Management

  • Robbers affecting your inventory shrinkage.

    Is Inventory Shrinkage Robbing Your Profits?

    Inventory is an important part of your business. It’s what makes you money! Inventory shrinkage reduces the potential profit that you could be making. Shrinkage happens due to many different reasons and results in changes to your business and an overall loss of sales. This identifies what  items from your inventory have been recorded on […]

  • Top Inventory Management Systems – Clear Spider Ranks 3rd

    Once again Clear Spider ranks on Capterra’s Top 20 Most Popular Inventory Management Software –3rd place to be exact! Capterra is a popular software directory that has over 700 categories. They found a gap in the market because there was no online or offline resource. As a result, Capterra researches and creates this list. Therefore, […]

  • There are $1.75 Trillion Reasons to Care about the Ghost Economy

    In a research report in 2015, IHL Group, a retail analyst firm, found that $1.75 trillion dollars are lost every year due to the ghost economy. The term ghost economy is unknown to many retailers. It’s the hidden costs that appear due to inefficiencies that are preventable. They are made up of many components. Instead […]

  • A person acting like artificial intelligence would

    Using Artificial Intelligence in Inventory Management

    In order to grow your business, you must consider some key factors that will affect inventory management. When working with stock you are always managing inventory levels, optimizing space, dealing with inaccurate forecasting, along with customer satisfaction. All these factors are unavoidable. Without the proper technology, it is extremely difficult to keep track of everything. […]

  • Top 5 Clear Spider Blog Posts of 2018

    Over the past year, we have covered a wide range of topics related to Inventory Management. Here are the top 5 Clear Spider blog posts of 2018: What is Lean Inventory Management? Cycle Count Best Practices: The Top 5 Things You Should Be Doing 3 Ways IKEA Aces Inventory Management (And You Can Too) The […]

  • Vision Picking Augmented Reality Glasses For Inventory Management in Warehouse Graphic

    How Vision Picking Transforms Inventory Management

    Vision picking is the process of efficiently picking items out of inventory to fulfill an order. Augmented reality (AR) layers virtual SKUs and paths onto real life. How do these two things fit together? Vision picking is simply an application of AR in supply chain. This emerging technology is making strides in warehouse management, and it’s […]

  • amazon inventory management box graphic illustration

    3 Ways Amazon Aces Inventory Management

    What’s the secret to Amazon’s booming success? How do they manage over 3 billion products across 11 marketplaces and still have potential for growth? In 2017 alone, Amazon generated more than $177 billion in sales, and year over year they see a growth rate of at least 27%. When it comes down to it, it’s […]

  • BOPIS-Buy Online Pick Up In Store Model Graphic

    The BOPIS Model: A Guide to Inventory Management

    Introduction to BOPIS BOPIS is an acronym that stands for buy online, pickup in-store. This model is a strategy that many retailers have adopted in order to keep up with consumer demand for convenience. It’s an extension of online shopping that gives the customer freedom to browse online, but also allows them to save on […]

  • guide to inventory metrics

    A Guide to Inventory Metrics: What You Need to Know

    Do the physical items in your inventory match your accounting records? What is the average number of days it takes to sell your items? There’s a lot that goes into supply chain management, and inventory metrics should be leveraged to guide your decision-making and operations. What are Inventory Metrics? Inventory metrics assist businesses in measuring […]

  • 5 Ways to Reduce Inventory Lead Times

    No one likes delays. Especially when they pop up unexpectedly. Time is precious and shouldn’t be wasted on extended lead times. So what do we do? We make them shorter! How, you ask? Here are 5 ways you can reduce your lead times and save those precious minutes: Kitting Kitting is the process of grouping, […]

  • Single-Use Plastics Graphic

    Single-Use Plastics: Transitioning the Supply Chain

    What are Single-Use Plastics? Single-use plastics are used only once before they are thrown out or recycled. In recent years, cities from all over the world have began imposing restrictions on them. It started out with plastic grocery bags. And now, the campaign for reducing plastic waste has led to the ban of other single-use […]

  • How Meal Kit Delivery Services Manage Their Supply Chains

    Having fresh, ready-to-cook meals delivered to your door may seem like a simple way to get food on the table. However, the supply chain behind every meal kit delivery business is both complex and time-pressured. These companies must invest more effort into ensuring seamless logistics – from sourcing the ingredients, portioning and packaging the meals, […]