Studies show that companies that focus on supply chain optimization have supply chain costs 15% lower than the organizations that do not. Order fulfillment is just one small piece of supply chain management. QuickBox realized this and developed a complex yet precise service called Vendor Managed Inventory (VMI), in addition to their fulfillment program. VMI has become […]
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This in-depth 10 minute video explores the critical fundamentals of inventory management. Stephen helps viewers breakdown these fundamentals and analyze if managing your own inventory is the most strategic decision or not. Read the full transcript below. Why Companies Struggle with Inventory Management I think the first thing that came to my mind, and I […]