Inventory Management

Don’t Let the Chinese New Year Get the Best of Your Business

To many, the Chinese New Year marks the beginning of the New Year, while businesses see the holiday as a supply chain nightmare. The date of the festival falls on the second new moon after the winter solstice on December 21st, which happens to be January 25th, 2020. Even though the Chinese New Year only lasts one week, many factories and businesses shut down for about 10 days before the holiday to allow for travel time, causing the disruption to last anywhere from 35-40 days. As you can imagine, this throws a serious wrench into many business’s logistics plans. The Chinese New Year will affect your supply chain in several ways. During this time when employees travel back to their hometown, all manufacturing projects are put on hold while manufacturers and distributors go on vacation as well. This means that no orders ship out of China or Taiwan. Any attempts at phone calls or emails will remain unanswered as no one will be present on site. You may experience serious production slowdowns about one to two weeks before the Chinese New Year because employees have already left to travel back home. In addition to slow production, you may also run into some quality control issues as workers rush to complete orders before too many employees leave and before they close for the holiday. The Chinese New Year produces a lot of turnover within factories, resulting in additional quality control problems from inexperienced new hires. This all may seem like inevitable chaos, but fortunately we have several tips to help keep your supply chain running smoothly. Ship Orders Early: Try to

Don’t Let the Chinese New Year Get the Best of Your Business2020-01-31T16:43:32-05:00

Technology Predictions That Will Affect You in 2020

Each year the way we do business continues to evolve as technology advances. These changes have international affects across the globe, while others influence us on a personal level. Overall, technology is altering how we work and understand our businesses. Smart Warehousing and Paul Wallbank with Ovations have predicted the following technology trends and focuses for 2020. 1.) Computers Machines are gradually taking over more tasks within all different industries, from long-haul trucking and customer service to healthcare and inventory management. For example, Smart Warehousing utilizes S.W.I.M.S., our web-based order and inventory management system created specifically for the warehousing and supply chain management industry, to provide our customers with real-time visibility of their inventory. All the while, these computers are talking to each other, which speeds up decision making processes and reduces the need for specific management within companies. 2.) Reorganization As mentioned, the increase of computers and quicker decision-making results in the need for less management. In order to remain competitive, companies must reduce management levels in order to process information quicker. If not, they will lose business to others who are more adept. 3.) 3D Printing 3D printers build three-dimensional, solid objects by adding material layer by layer through a computer-aided design model. This allows the user to print anything from an acoustic guitar to entire houses. 3D printing is occurring alongside advances in biological engineering. It is predicted that within the next decade we will have the capability to print skin, body parts and organs. 4.) Mobile Apps It is hard to imagine a time when we did not have access to smart phones, and the mobile

Technology Predictions That Will Affect You in 20202019-12-23T13:14:01-05:00

10 Steps to Get Your Business Ready for Seasonal Sales

With Halloween now behind us, the holiday season is officially here - whether we're ready for it or not! As a business owner, this means time is of the essence. Smart Warehousing has compiled a list of ten steps to help prepare your business for the approaching seasonal sales and guarantee your holiday success. 1.) Winning Website Anymore, shoppers want the convenience of doing their holiday shopping online, while avoiding the cold and the crowds. In order to take full advantage of this, you must ensure that your website is optimized before web traffic increases. Ensure that your website is easy-to-navigate with quick load times so that customers can easily find their product and complete their purchase, or else they will go looking for it somewhere else. 2.) Mobile-Friendly Once you have your website ready to go, shift your focus to making it mobile-friendly. Many holiday purchases are made on mobile devices, so make it easy on your customers and keep them focused on your product. 3.)Product Promotion I know you've seen them – gift guides created by magazines, websites and bloggers each year. List your product in one of these gift guides by asking the bloggers and journalists to be included. This is a great way to increase your company’s visibility during the holiday season. 4.) Information Accuracy Look over your company information, including phone number, address and email address posted on your website, social media accounts and other business listings to ensure accuracy before things get too busy. Similar to your website, you want customers to be focused on your product, while allowing easy access to your company

10 Steps to Get Your Business Ready for Seasonal Sales2019-11-05T13:22:42-05:00