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Stocktaking vs Stock Checking

What are the Differences Between Stocktaking and Stock Checking

A lot has been discussed about inventory management, but it still isn’t complete without discussing stocktaking and stock checking. Stocktaking or...

May 28, 2024

10 min read

sahil bajaj

Sahil Bajaj

Senior Specialist - Marketing @ Shiprocket

SAP in logistics

SAP Logistics: Types, Benefits, Solutions, & Strategies

Businesses are constantly seeking techs and strategies to improve their logistics to remain competitive. This is where logistics management solutions...

March 18, 2024

8 min read

sahil bajaj

Sahil Bajaj

Senior Specialist - Marketing @ Shiprocket

different types of supply chain management models

7 Different Types of Supply Chain Management Models

In modern business operations, supply chain management (SCM) makes sure that goods are transferred from suppliers to customers in an...

March 14, 2024

8 min read

sahil bajaj

Sahil Bajaj

Senior Specialist - Marketing @ Shiprocket

Economic Order Quantity (EOQ)

Economic Order Quantity: Formula, Advantages, & Difficulties

EOQ or Economic Order Quantity is a critical calculation used by companies to minimise total costs when updating the inventory....

December 13, 2023

9 min read

sahil bajaj

Sahil Bajaj

Senior Specialist - Marketing @ Shiprocket

Inventory

What is Inventory? Types, Characteristics & Management

Managing inventory in stock is vital for business accountancy. Accounting goods, products, and raw materials are known as inventory. All...

October 31, 2022

3 min read

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Aayushi Sharawat

Content Writer @ Shiprocket

What Is Consignment Inventory & How Does It Operate?

Stocking retail merchandise often involves the retailer buying goods from the supplier and then selling those products for a profit....

September 13, 2022

5 min read

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Aayushi Sharawat

Content Writer @ Shiprocket

What is Sourcing: Its Definition & Characteristics

What is Sourcing? Sourcing refers to finding suppliers to provide the products and services needed for the day-to-day running of...

June 23, 2022

6 min read

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Aayushi Sharawat

Content Writer @ Shiprocket

Inventory shrinkage

How Do You Reduce Inventory Shrinkage?

In the times of pandemic, inventory management could be challenging. In 2020, the global value of inventory distortion was as...

January 10, 2022

4 min read

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Pulkit Bhola

Specialist Content Marketing @ Shiprocket

Out of Stock

5 Ultimate Tips to Handle Out of Stock Situation Without Affecting Sales

For anyone running an eCommerce business, there are many challenges faced on a day-to-day basis. From payment troubles to handling...

December 20, 2021

5 min read

Rashi Sood

Content Writer @ Shiprocket

Inventory Planner

How to Improve Process Effectiveness with Inventory Planner

Many e-commerce companies make better use of the inventory planner, but they often don’t know how to make better use...

August 26, 2021

5 min read

Rashmi Sharma

Specialist Content Marketing @ Shiprocket

What is the Average Weighted Method of Inventory Valuation and Its Significance?

Your inventory is your biggest asset. You need to know everything about it to succeed in your eCommerce business. Without...

August 9, 2021

5 min read

Srishti Arora

Content Writer @ Shiprocket

Inventory Management Apps

Simplest Inventory Management Apps for Small Businesses

Whether you’re just starting a new business or already have a product-based business. Having an inventory management app is so...

August 5, 2021

5 min read

Rashmi Sharma

Specialist Content Marketing @ Shiprocket

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