
Benchmarking studies, such as those published by WERC, allow us to compare and improve our processes. Here are a few best practices in receiving:

Partnering with a 3PL
Paying money to save money? It may not make sense that paying a 3PL provider can save money. However, the tasks which are outsourced to a 3PL may not always be done in the most cost-saving way in-house. 3PL providers are efficient at tasks involved in the supply chain – warehouse storage, fulfillment, inventory management, transportation, and shipping. These are a 3PL’s core competencies but these tasks are not yours. They’ve invested in the equipment, technology, education, and staff to efficiently handle these tasks. Most are part of a network of providers which can be beneficial through referrals, giving companies the ability to strategically place their products closer to their customers.
Safety Stock: A Post-COVID Inventory Method
How safety stock is the newest method to avoid another disruption