Rethinking Inventory to Match Business Models and Needs

As changing consumer behaviors and expectations, shorter product lifecycles, and supply chain disruptions become more frequent and persistent, businesses should closely examine their approach to inventory and regularly evaluate whether it matches their business model and current needs.

For decades, warehouses have been a critical part of the supply chain, holding large volumes of inventory for merchants, usually in a central location to try to ensure equitable service to many regions.

When a customer places an order, a team locates the item in the warehouse and prepares it for shipment.

The merchants and manufacturers maintaining the warehouses rely on a robust technology stack including Warehouse Management Systems (WMS), Order Management Systems (OMS), and Inventory Management Systems (IMS) to keep track of inventory, orders, and more.

After years of refinement and optimization, the warehouse is a fine-tuned machine. But is it the right machine for you?

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