If your company has reached its warehouse storage capacity, you’re likely taking a productivity hit. Crowded or unorganized aisles significantly impacts warehouse efficiency, which can cause your operations to back up and adversely affect your bottom line. Properly managing inventory is a common challenge but dealing with an overflowing warehouse doesn’t have to be an […]
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NewStream Enterprises, LLC is proud to congratulate our shipping and warehouse team for their hard work and dedication in enabling us achieve a 100% on our year-end inventory audit. Cleaning and organizing, as well as shutting down production the day before, are all part of the audit preparation process. Our employee owners stayed open later than normal this
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On the outside, warehouses and fulfillment centers are large buildings that house inventory. However, the purpose of these facilities are vastly different. Each facility provides a different service for their customers, from storing inventory for extended periods of time to storing inventory and shipping it for customers will all be dependent on what the need
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Just-in-time (JIT), also referred to as lean manufacturing is an inventory strategy adopted by manufacturers to increase efficiency by receiving goods only as needed from a supplier. The main purpose of implementing this strategy is to lower inventory costs and decrease waste. Who Uses JIT? Both small businesses and major corporations may benefit from a
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We sat down with David Schultz, NewStream’s business development manager, recently to discuss the process for onboarding new customers, their concerns, NewStream’s value adds, and how we help original equipment manufacturers (OEMs) love their supply chain. What is your favorite part about working at NewStream? A: For starters, I love our culture, our people, and
Q&A | Helping OEMs Love Their Supply Chain Read More »
While warehouses and distribution centers may appear similar from the outside, and the terms are frequently used interchangeably when discussing logistics and supply chain management, they operate very differently on the inside. Each is intended to handle distinct objectives, tasks, and responsibilities. It is critical to understand the differences between warehouses and distribution centers to select the
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E-commerce, also known as online retail, has changed the way consumers shop. Despite accounting for just over 13% of global retail sales, e-commerce generated an estimate of $215 billion in the United States. Retail has seen substantial changes because of technological advancements, which have had an impact on e-commerce. As businesses have attempted to accommodate unpredictable fluctuations in
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Business today is growing. Whether it be a one-person operation out of a garage or a multi-million-dollar operation, businesses will always have the need to expand their inventory. As part of their supply chain strategy, businesses may choose to build or expand warehousing to increase storage capacity or to outsource warehousing and distribution to a third-party logistics provider
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You have outgrown your current warehousing situation, or you do not have the financial capacity to build a warehouse, what do you do now? If you are looking to rent out new warehousing space, contract warehousing services may be the solution that you are looking for. Whether your needs include extra space to store goods
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A crisis in the supply chain can happen at any time. Currently, in 2020, the world is encountering unprecedented disruptions due to a new coronavirus. However, a crisis can come in a variety of forms. It could be a widespread problem like COVID-19 or a localized challenge, like a fire destroying a warehouse. Whatever the
Warehouse Contingency Planning Read More »