Goods

Inventory management is more critical than ever. Businesses that rely on outdated or manual inventory tracking methods risk stockouts, leading to lost sales, and overstocks, which tie up capital and increase storage costs. The solution? Real-time inventory management. By leveraging cloud-based systems, automation, and AI-driven analytics, companies can optimize stock levels, improve order fulfillment, and drive profitability. In this post, we’ll explore why real-time inventory management is essential for modern businesses and how it helps mitigate the risks of supply chain disruptions. Read more here: https://lnkd.in/d5CN7SBg

אנחנו #hiring Back End Developer חדש ב-Hod HaSharon, Center District. הגש מועמדות עוד היום או שתף פוסט זה עם הרשת שלך.

Setting up an e-commerce business is overwhelming. The flood of acronyms, tools, and conflicting advice can leave even the most determined entrepreneur feeling lost. If you've jumped headfirst into warehouse operations without a solid plan, you’re not alone. At Goods, we help e-commerce businesses untangle their operations and get back on track. We've seen firsthand how a lack of structure can cripple a business, and we know that the right Enterprise Resource Planning (ERP) and Warehouse Management System (WMS) solutions can be game-changers. This guide will walk you through these essential tools—what they do, why you need them, and how to choose the right ones to keep your business afloat.

Who Wins the Competition Over Stock? The competition over stock isn’t just a challenge—it’s a defining factor for success. The early days of e-commerce relied on manual processes, like Excel spreadsheets and the memory of warehouse staff. Back then, efficiency was about adaptability. But today, the stakes are much higher. Logistics is no longer just about moving products; it's about shaping the customer experience and influencing brand loyalty. Let’s face it—poor stock management can cost companies both sales and customer trust. Whether it’s an item marked “out of stock” but still gathering dust in the warehouse or a cart abandoned due to stock discrepancies, these gaps hit hard. One of the biggest hurdles in stock management today is balancing the needs of B2B and B2C customers: - B2B clients order in bulk, clearing out stock quickly. - B2C customers expect every item they want to be available instantly. The result? Frustrated B2C buyers who may never return. And those dreaded moments when a customer finds out an item is “out of stock” after they’ve already hit checkout? That’s a brand perception nightmare. So, who wins the competition over stock? Those who embrace real-time inventory management. This is exactly why we are creating a new reality. A connected system provides a live stream of inventory data across all sales channels. Every purchase, reservation, or return updates stock levels instantly, ensuring accuracy. B2C customers see exactly what’s available—no guesswork, no surprises. For companies balancing B2B and B2C, real-time stock allocation ensures neither segment is left disappointed. It’s not just a technological upgrade; it’s a business transformation that ensures smooth operations, happier customers, and more sales. In this competition, the winners are those who prioritize efficiency, transparency, and innovation. Now, it's a new question: Are you ready to level up your logistics game and win? Visit: mygoods.io

Go Retail Tech 2024 - What an inspiring event! Thank you for the opportunity to share our insights about the "Who is winning the competition over stock?" dilemma.

Exciting news! Our CEO and Co-founder, Rachel Goldenberg, will speak at the upcoming Go Retail Tech Convention! Her talk, "Who is winning the contest over stock?" will explore the latest challenges and tech solutions shaping the online and offline retail industry. Stay tuned. #RetailTech #GoRetailTech #StockManagement #RetailInnovation

Data-Driven Decision-Making is Changing the Face of Logistics Staying ahead requires more than just efficiency—it demands real-time insights. Data-driven decision-making is revolutionizing the industry, empowering businesses to optimize their operations, enhance customer experiences, and reduce costs. Here’s how real-time data is transforming logistics management: 🔍 Enhanced Visibility Real-time data offers a clear view of supply chain operations, from inventory levels to delivery statuses. This transparency allows businesses to quickly identify and address bottlenecks, ensuring smoother workflows. 📈 Predictive Analytics By leveraging historical and live data, logistics teams can predict demand patterns, optimize routes, and reduce downtime. Predictive analytics helps minimize risks and ensures resources are allocated efficiently. ⏱ Faster Decision-Making With access to accurate, up-to-the-minute information, businesses can make informed decisions in real-time. This agility is crucial for adapting to changing market demands or responding to disruptions. 💰 Cost Savings Data-driven operations eliminate inefficiencies, such as overstocking, unnecessary transportation costs, and labor mismanagement, ultimately improving profitability. 🌐 Customer Satisfaction Timely updates, accurate delivery windows, and seamless communication all stem from a data-first approach, creating exceptional customer experiences. As logistics becomes increasingly complex, data is the compass that guides businesses toward success. Embracing data-driven decision-making isn’t just a trend—it’s the key to staying competitive in a rapidly evolving market. #Logistics #DataDriven #SupplyChain #RealTimeData #DecisionMaking #DigitalTransformation #PredictiveAnalytics #Efficiency #Innovation

The labor shortage in warehousing is a significant challenge impacting efficiency and profitability. But with advances in AI and cloud technology, there are innovative solutions to help bridge this gap, optimize workflows, and enhance productivity. From automating repetitive tasks with AI-powered robotics to using predictive analytics for smarter inventory management, technology is revolutionizing warehouse operations. AI algorithms also help optimize layouts, reducing time spent on the floor, while cloud-based Warehouse Management Systems (WMS) provide real-time data, enabling rapid decision-making without extensive on-site staffing. Companies are already seeing impressive results: - A McKinsey report shows that AI and robotics can boost productivity by 20-25%. - Cloud-based WMS solutions have been shown to improve inventory accuracy by 30% and reduce labor costs by 20%. As demand for faster fulfillment grows, integrating these technologies isn’t just a nice-to-have—it’s essential for maintaining competitive advantage and delivering exceptional customer experiences. By leveraging AI and cloud technology, businesses can adapt to labor challenges, improve efficiency, and position themselves for long-term success. For a deeper dive into this topic, check out the full article on how AI and cloud solutions are transforming warehousing in response to labor shortages: https://lnkd.in/dEdKbRCZ #Logistics #Warehousing #AI #CloudTechnology #LaborShortage #WMS #SupplyChain #WarehouseManagement #Automation

Unlike the total disaster in the video 🤪 … even your day-to-day inefficient warehousing can lead to significant financial setbacks. Poor warehouse management impacts profitability by increasing labor costs, creating inventory inaccuracies, and slowing down order fulfillment times. These inefficiencies can add up quickly, with some estimates suggesting that ineffective warehouse management can cost businesses up to 10-20% of their annual revenue. Here's how Warehouse Management System (WMS) technology is helping to address these challenges: 💰 Reducing Operational Costs WMS technology streamlines inventory tracking, order picking, and replenishment, minimizing the need for manual labor and cutting labor costs. Studies show that effective WMS solutions can reduce picking times by up to 30%, translating directly into cost savings. 📏 Maximizing Storage Utilization With advanced algorithms and real-time data, a WMS can optimize space utilization, often reclaiming up to 15% more storage capacity by adjusting layouts and optimizing shelving. This not only saves costs but also extends the warehouse’s usability, delaying or even eliminating the need for expansions. 📈 Improving Inventory Accuracy WMS technology minimizes errors and prevents stock discrepancies by keeping accurate, real-time inventory records. This results in fewer stockouts and excess inventory, which can reduce carrying costs by an estimated 15-20%. 🚀 Faster Fulfillment, Better Customer Experience Efficient warehouse operations lead to faster fulfillment times, which are essential to meet rising customer expectations. By leveraging a WMS, businesses can achieve significant improvements in order accuracy and speed, leading to higher customer satisfaction and repeat business. In an increasingly competitive environment, optimizing warehousing through a WMS can transform operations, reduce costs, and enhance customer experiences. Investing in a robust WMS isn’t just a logistical upgrade—it’s a strategic move toward long-term profitability. #WarehouseManagement #WMS #Logistics #SupplyChain #InventoryManagement #OperationalEfficiency #Warehousing #DataDriven

The Future of Order Fulfillment: How Automation and Cloud Platforms are Shaping 2025 Logistics As we approach 2025, the logistics landscape keeps evolving and is driven by the need for greater efficiency, accuracy, and speed. At the heart of this transformation lies automation and cloud technology, reshaping how businesses manage their supply chains, warehouses, and order fulfillment processes. Cloud-based platforms like Goods are playing a pivotal role in this shift. Here's how: 🔄 End-to-End Automation Cloud platforms enable seamless automation across all stages of order fulfillment—from inventory management and picking to packing and shipping. This not only eliminates manual errors but also accelerates processes, ensuring that businesses can handle increasing demand with ease. 📊 Real-Time Data and Insights Cloud solutions provide real-time visibility into operations, offering businesses instant access to key metrics like inventory levels, order status, and delivery timelines. With real-time data at their fingertips, companies can make faster, data-driven decisions, optimizing both costs and customer satisfaction. 📈 Scalability and Flexibility In a fast-paced market, scalability is crucial. Cloud platforms allow businesses to scale up or down effortlessly, adapting to seasonal demand spikes or new market expansions without the need for heavy infrastructure investment. 🌍 Global Connectivity Goods empower logistics teams with centralized control, making it easier to manage supply chains that span across borders. This ensures smooth operations, no matter where your customers are located. The future of logistics is here—and it’s powered by cloud-based automation. Ready to streamline your operations? Let’s shape the future together.   #Logistics #OrderFulfillment #SupplyChain #Logistics #WMS #LogisticsInnovation