Dead inventory or dead stock is nothing new to vendors and retailers. Dead inventory can arise for several reasons such as retail seasonality, late deliveries or possibly product production errors in need of correction. It is talked about often and by many but addressing the problem and finding solutions can send you into a frenzy […]
How QCI Benefits Product Sourcing Managers If you serve as a product sourcing specialist or manager in the supply chain, much of the burden for merchandise that does not meet your company’s quality standards on imported shipments can land with you. If distributors, direct buyers or others down the supply chain discover a quality issue […]
The Value of Quality Corrections & Inspections for the Quality Assurance Team Today’s warehouse managers and their quality assurance teams play a critical role in the supply chain: they bear the responsibility of ensuring that goods enter and exit their facility as efficiently as possible. They must have a thorough knowledge of all relevant inventory […]
For companies of all sizes and markets, return to vendor (RTV) is a consistent, day-to-day business practice related to the rise of e-commerce. In fact, 2016 saw U.S. shoppers send back $260 billion in merchandise, which translates to eight percent of all purchases in the country. It’s a trend that doesn’t show signs of stopping, […]
As a quality control or corrections officer, it is your job to ensure the goods that leave your facility meet your company’s quality standards. Even one defective or damaged product has the potential to reflect badly on your organization — and your department. Depending on the industry, selling goods of inferior quality could also result […]