As the world turns, so does inventory. In your conversations with retailers and warehouses, inventory turnover will likely be a major talking point. Warehouses and retailers want fast moving and consistent items — high inventory turnover is a crucial indicator of this. At first, inventory turnover may seem like a foreign and abstract concept. However, understanding this concept is easy and essential to running a smooth and successful supply chain:

Why inventory turnover is important:

• Simply put, inventory turnover can be defined as the frequency in...

When it comes to less than truckload (LTL) transportation rates, accurate freight classification can be your best asset. By selecting the correct codes up front, you’ll avoid post-shipment reclassification charges from carriers. The National Motor Freight Classification (NMFC) system was developed as a standard to determine the shipment difficulty (transportability) of freight with varying specifications based on four criteria: Handling - How much work is required to load and unload the freight? Freight requiring specific handling procedures, such as fragile freight, will negatively impact the carrier’s...