Secret Life of Inventory

Welcome back to the Secret Life of Inventory! In this insightful episode, we dive deep into valuable career advice for aspiring supply chain professionals and explore best practices for demand forecasting. Learn from industry expert and founder of MVC Logistics Academy, Professor Maria Rodriguez, who was also named one of the top Women in Supply Chain by Supply & Demand Chain Executive Magazine! She explains the importance of demand forecasting in inventory management and recommends tools...

🎙️ Welcome back to the Secret Life of Inventory! In this episode, we dive deep into the fascinating world of consignment, including:✅ The basics of consignment: What does it mean?✅ How consignment agreements work between sellers and consignors✅ The benefits and drawbacks of using consignment for buying and sellingWhether you're an entrepreneur looking to sell your products, a buyer seeking unique finds, or just curious about the process, this episode has something for everyone. Get ready to l...

Welcome back to the Secret Life of Inventory! In today's episode, we're joined by a special guest, the Director of GS1 US, Jonathan Gregory. Join us as we dive deep into the intricate world of supply chain logistics, discussing the importance of standardization, the future of barcodes/RFIDs, and advice for new businesses looking to adhere to industry standards.Whether you're a seasoned logistics professional or simply interested in the inner workings of the supply chain, this episode promises...

The terms "wholesaler" and "distributor" are often confused and used interchangeably in the supply chain. Wondering about the real differences are between the two? In today's Secret Life of Inventory episode, we'll explore the fundamentals of a supply chain, the key differences between wholesalers vs. distributors, and practical tips on how you can find the right distributor. Comment below if you have any topics you'd like us to cover next, and be sure to subscribe and hit the bell for notifi...

Join us in this insightful episode of the Secret Life of Inventory as we dive deep into the world of barcoding and discover how you can create your own barcode system. Whether you're a small business owner looking to streamline inventory management or an enthusiast eager to learn more about the technology behind barcodes, this episode has something for everyone.0:00 Teaser0:13 Intro1:24 What are barcodes?2:40 How do barcodes work?4:30 How do you create barcodes?6:32 What are the pros and cons...

Welcome back to the Secret Life of Inventory! In episode two, we share the fundamentals of mastering retail inventory management. Discover proven best practices and real-world case studies like why did Forever 21 go bankrupt? What happened to Kmart and Sears? And how does Walmart stay as one of the top retail giants?Get ready to be educated and entertained with insights on inventory management. Subscribe to stay tuned for more!0:00 – Teaser0:10 – Intro0:57 – What is Retail Inventory Managemen...

Are you a business owner in need of better inventory management? Well, we can help! In this episode, we're here to teach you the fundamentals of inventory management and common techniques used to effectively manage stock. From cutting costs to improving productivity, stay tuned to learn the best practices and how you can improve your workflow today!0:00 - Intro1:07 - Who are we?2:14 - What is inventory management?3:46 - Why is inventory management important?6:10 - Different types of inventory...