What is Smart Warehousing?
Extensiv Blog
by Ashley Hawkins
3d ago
Smart Warehouse Technology Explained The world of The Jetsons, set in the year 2062, was whimsically futuristic for audiences in the sixties, but many of the technologies predicted by the show are commonplace now. Video calling (as well as specific applications like telehealth appointments and video-based group exercise classes), the ubiquity of flat screen televisions, and sophisticated home computers with extremely user-friendly interfaces are all but mundane now ..read more
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Days in Inventory & How to Calculate It
Extensiv Blog
by Extensiv
6d ago
Days in Inventory Formula, Definition & More Your warehouse shelves are full. Your distribution center is quickly fulfilling orders as they come in. Sales are exceeding your forecast, and your customer satisfaction rates have never been higher. It’s a great feeling, but how long will it last? Without accurate, real-time insight into how much inventory you have on hand, all your good fortune could come to a screeching halt ..read more
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Perpetual Inventory Systems Explained
Extensiv Blog
by Jill Hillen
1w ago
What Is a Perpetual Inventory System? Definition & How to Get Started In the realm of third-party logistics (3PL) and ecommerce, managing inventory effectively is the cornerstone of success. How can you deliver on consumer expectations—and make a profit—if you don’t have accurate inventory reporting to know not only what you have at any given time as well as what it’s worth, in other words the inventory valuation ..read more
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Top 7 Ecommerce Shipping Apps
Extensiv Blog
by Extensiv
1w ago
Top Shipping Apps for Ecommerce & How to Integrate Them Amazon set the pace. What started as an online bookstore quickly diversified, and within years of startup, Amazon decided the best way to get products to its customers quickly was investment in supply chain management. Today, the company’s vast logistics network includes more than 100 U.S.-based warehouses and thousands of delivery vehicles and drivers ..read more
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The FIFO Method Explained: First-In First-Out
Extensiv Blog
by Extensiv
2w ago
The FIFO Method and How to Use It The FIFO (first-in first-out) method is an inventory management strategy brands, retailers, private warehouses, and third-party logistics (3PL) providers can use when they deal with perishable goods or products that may become outdated or less useful over time ..read more
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Shipping Manifest: Definition, Examples & More
Extensiv Blog
by Extensiv
2w ago
Shipping Manifests Explained: What They Are & How to Write Them Shipping manifests are critical documents for ecommerce businesses, retailers, and third-party logistics (3PL) providers. They are vital for accurate inventory and optimizing warehouse management and order fulfillment processes ..read more
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Transforming the Future: AI in Next-Generation Logistics
Extensiv Blog
by Ashley Hawkins
2w ago
Artificial Intelligence (AI) is arguably the hottest trend in every industry right now, so its rise to prominence in logistics is hardly surprising. AI stands at the forefront of redefining the supply chain, promising unparalleled efficiencies, enhanced decision-making, and a reimagined customer experience ..read more
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Mastering Distribution Metrics: 11 Key Metrics to Track
Extensiv Blog
by Extensiv
2w ago
Efficient, accurate order fulfillment and timely shipping are the cornerstones of success for ecommerce businesses and third-party logistics (3PLs) providers. Yet, many brands and 3PLs lack insight into critical distribution metrics to help determine how well order fulfillment and warehouse management operations are performing ..read more
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Evolving Strategies in Small Parcel Shipping: Adapting to a New Era
Extensiv Blog
by Ashley Hawkins
2w ago
The small parcel shipping sector is experiencing a pivotal period of adjustment and adaptation. As highlighted in the 2024 State of the Third-Party Logistics Industry Report, this segment of the logistics industry contends with many challenges, including changing consumer behaviors, technological shifts, and competitive dynamics ..read more
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Warehouse Slotting: What It Is & How It Works
Extensiv Blog
by Daniel Zimmerman
2w ago
Mildly fun fact about me—I love the game of Tetris. There’s just something so oddly satisfying about rotating the endless onslaught of shapes in a way that perfectly fills the space at the bottom of the screen, wherein it disappears immediately to note a job well done. Warehouse slotting is basically the real-world application of this classic video game come to life ..read more
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