For sellers trying to win an order (the coveted “buy box”) on Amazon, inventory and warehouse management software is critical.
With such software, small businesses trying to sell on Amazon can more easily achieve improved quality control, better demand planning, accurate cycle counts, dynamic routing flexibility, and superior stock level tracking.
This post is based on the Supply Chain 24/7 article, Inventory and Warehouse Management Software is Imperative to Sell on Amazon, by SkuVault, April 8, 2019. Image source: Cultura / Image Source
1. How does this software solution decrease lead times? How does inventory quantity on hand interact with decreased lead times? Will this software help a responsive and/or efficient supply chain?
Guidance: Students should be able to note time savings in order fulfillment to the end customer by better picking and routing. Inventory levels should be decreased with lead time reductions to both the customer and from the suppliers.
Students may need a refresher on efficient versus responsive supply chains. Ask them to elaborate on the ways this software can improve both types of supply chain. Which supply chain type benefits the most from this software and why? Continue reading