According to Wikipedia, a reorder point defines when to order, not how much to order. In other words, the reorder point informs you about the lowest stock level that your inventory should reach before you place a new order. The appropriate reorder point is defined by the delivery time stock, which is the inventory that Keep Reading ..
There are actually many ways to pick an order from a warehouse location. However, in this article we’ll focus on two picking methods: picking by order and batch picking. You may already guess the difference from the names of these activities, but let’s explain in more detail. Picking by order, or discrete picking, implies visiting Keep Reading ..
If you stop and look around, you’ll probably notice that barcodes are everywhere. You can find barcode labels literally on every item that you use in your daily life, from food to gadgets. And it’s almost impossible to buy any item without a barcode. Barcodes rule the world! That’s why it’s important to understand how Keep Reading ..
The concepts of reorder point and safety stock may be confused in Delivrd, so we’d like to explain the difference in this article. Reorder Point vs. Safety Stock Imagine that you work for a company that prints on T-shirts, and you have a supplier from which you regularly order “blank” T-shirts of different colors. Black Keep Reading ..
The phrase “inventory management” may sound routine and even a bit boring. However, actually it’s a powerful tool that affects not only the profit or loss of your company, but also customer satisfaction. Here are some secrets that may bring your inventory management process to a new level. 1. Name your products clearly. Sounds pretty Keep Reading ..
For a successful business, it’s crucial not only to find the right supplier but also to establish ongoing relationships with them. Here are some tips and tricks that may help you when working with suppliers. Note Differences in Time Zones. Remember that if your supplier is located in time zone different than yours, e.g. Europe Keep Reading ..
An inventory manager is not just a guy lost somewhere between the warehouse racks. Actually, this position requires a unique, “superhero” set of skills, which will streamline a business, if properly applied. Before we dig deeper into those superpower skills, let’s take a look at typical daily activities of an inventory manager. Superhero Inventory Manager: Keep Reading ..
During the past few months, we’ve been working hard to bring you the best possible free inventory management software. We were in a long Beta program, collecting valuable feedback from you, our users. We have worked on making Delivrd as easy to use as possible, the best quality product, making sure your data is safe Keep Reading ..