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Perpetual Inventory System

Perpetual Inventory System – A Detailed Guide

Inventory is an asset to a company but when not managed properly, it can become a liability. Inventory management is a crucial part of warehousing and fulfillment centers. It ensures smooth, accurate, and timely order fulfillment. There are many inventory management methods, out of which Perpetual Inventory System is one of the highly adapted methods among businesses.  Perpetual inventory system manages the inventory ‘perpetually’ i.e., in real-time. It helps …

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Backorder

Everything You Need to Know about Backorder – Definition, Causes, and Tips

In the modern-day interconnected world, customers are almighty. They search, select, and swipe their way to purchase the products they like. In such a just-in-time, instant gratification era, people hate to see out-of-stock notifications. Nevertheless, sometimes due to issues in the supply chain, an item goes out of stock. Now you must be thinking, what …

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Packing Slip: What Is It and Why Is It Important?

Packing Slip: What Is It and Why Is It Important?

Have you ever noticed a packing slip when you order something online? It does seem like a simple, meaningless document but holds immense value when it comes to order-fulfillment operations.   A packing slip has a role to play from the beginning of the order-fulfillment process to the successful delivery of the product. So, let’s jump into what …

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