Inventory management has come a long way since companies simply sent an employee into the warehouse with a clipboard and a pen. While some businesses still operate with offline inventory management systems, which now can be quite complex, many have opted for the dynamism of Web-based applications.
GJM Associates Inc.
Share your tips and learn from fellow direct marketers as we cover the hottest issues and best practices in fulfillment and operations. Question: How can I reduce backorders? Answers: The simplest way to reduce your backorders is to increase your inventory level! However, we all know that is not necessarily in the best interest of the company from a use of cash and overall risk perspective. We have had some great success in the past year with lowering our backorders. The key element of success is to know your timelines and key information hand-off dates between functional areas. We instituted a rigorous timeline