Support E-commerce With A More Responsive Inventory
by Scott Vigneault, on July 26, 2016
The rise of e-commerce operations of all sizes is placing a great deal of demand on warehouse spaces. It's not just Amazon that is taking up all this room as it slowly introduces its rapid delivery services to more markets. Smaller competitors - including brick-and-mortar retailers that are expanding their online operations - are also seeking to capitalize on the growing trend toward digital shopping.
In fact, evidence points toward higher demand for multitenant distribution warehouses. According to Material Handling & Logistics, these facilities typically have reduced footprints and are designed for local distributors.
"It's more important than ever for retailers to get the most out of their inventory management."
Given the mismatch between demand for warehouse space and the square footage available, it's more important than ever for retailers to get the most out of their inventory management. The difference between haphazard management and a solid system is the difference between success and failure in today's competitive marketplace.
A recent article on Multichannel Merchant points out that one of the most important things retailers can do is ensure that they are relying on the most up-to-date inventory data available. Consumers are demanding their goods faster than ever, and sellers need to know which of their products are available, where they are located and which routes will get them to their destination in the fastest time at the lowest cost.
Barcode labeling is crucial for businesses looking for a more accurate way to track all items in their inventories. Loftware's Enterprise Labeling Solutions are designed to help sellers centralize and automate their retail labeling processes to ensure speed and efficiency where it is needed the most.
For more on the benefits of Enterprise Labeling check out our special report.