What is IOT Fleet Management?
What is IoT fleet management? A cyberspace way for transporting large commercial vehicle fleets ensures the gathering, sending, and analysing of information by connecting those devices with sensors, trackers,...
What is Inventory Reconciliation?
What is Inventory Reconciliation? Inventory Reconciliation refers to matching of the inventory records and physical stocks in place. This comparison assists firms in the issue of being accurate and...
Ocado’s Automated Warehouse System
Ocado: The Robot Army That’s Redefining Grocery Delivery Getting on with an automated warehouse system into the future, Ocado went beyond being a British online grocer and developed into...
What is Aggregate Planning in Supply Chain?
What is Aggregate Planning in Supply Chain? Aggregate planning in supply chain refers to creation, analysis and upkeep of a tentative, casual schedule of a preliminary, unrealistic schedule of...
What is average order value?
What is Average Order Value (AOV)? This is one of the fundamental AOV eCommerce metrics, and it essentially shows how much money, on average, a customer spends during any...
What is FIFO Inventory Method?
FIFO Inventory Method It is a very common method used in accounting for inventory costs. It assumes that the oldest inventory items are sold or consumed first. For perishable...
