An integral part of the supply chain, Warehouse inventory management systems are ways of controlling the movement and storage of materials and goods so that they are always tracked, organized and accounted for. There are many specific techniques and procedures in the field of warehouse management, which is why courses and diploma programs in the field are now available to cover all the information and options available and to provide a comprehensive overview of the field. But for most, warehouse … (Read more)
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A bonded warehouse is a secured facility that is used for the storage of dutiable merchandise. When the bonded warehouse is a privately managed enterprise, a customs bond must be posted with the government. Once the goods have been placed in the warehouse, both the importer and the warehouse owner incur liability for the merchandise under that bond until the merchandise is:
- destroyed under Customs and Border Patrol (CBP) supervision
- withdrawn to an aircraft or vessel in international traffic
Because you understand the importance of eliminating wasted time and excessive costs, you appreciate the fact that your warehouse needs to be run with optimum efficiency. Here are 5 warehousing practices that will help you achieve just that.
Utilize Automatic Data Collection Technology
If you don’t already have this in place, you’re missing out on a big time and money saver. Using RF barcode and RFID systems will prevent errors when it comes to tracking goods and free up a … (Read more)
Inventory management is one of the most important aspects of running a business. Although there is no perfect way to set up an inventory management system, and you will need to be somewhat flexible depending on your type of business and its size, there are some basic elements that are important when it comes to identifying an effective stock management system. Here’s a rundown.
- Clear labeling: your inventory should be well organized. Wherever it is stored, it should be clearly
When it comes to inventory management you can’t afford to takes chances; you need to make sure you have enough of the right products on hand whenever you need them. If you’re failing to keep up with your inventory management, then you’re letting down your clients and your company is failing. Here are five tips to help you maintain a solid inventory.
It’s a given that some of your products will be moving faster than others. For … (Read more)