Increased eCommerce During Holidays Measured by Improved Productivity
Manufacturing journalist, Thomas R. Cutler recently profiled in Robotics and Automation News as he sees consumer spending trends suggest this holiday season for retailers and logistics companies will drive an improvement of 15% year-over-year. Retail sales in the U.S. expanded 0.8% in October after a strong 1% gain in September, the WSJ’s Josh Mitchell reported, in the best two-month stretch of sales in at least two years. The brisk spending is a strong sign that the economy is picking up steam, with both wages and employment rising. The expansion, mostly e-commerce, proves that once again online sales are growing at triple the rate of overall retail sales.
From determining optimal inventory levels, to selecting the best storage methods, to ensuring inventory accuracy, the margins despite rapid growth must improve productivity and profitability through better inventory management.
The basics of effective warehouse management, including techniques for determining the best material storage methods, barcoding, cycle counting, reducing damage, protecting against theft, improving housekeeping, are being questioned this holiday season.
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About TR Cutler, Inc.
TR Cutler, Inc. was founded seventeen years ago by Thomas R. Cutler. Cutler is the President and CEO of Fort Lauderdale, Florida-based, TR Cutler, Inc., (www.trcutlerinc.com), the largest manufacturing communication firm worldwide with four dozen industry experts and thought leaders on staff. Cutler maintains extraordinary relationships with clients, journalists, editors, economists, trendsetters, and key business leaders worldwide and has become a key resource for those writing about the manufacturing sector. Cutler founded the Manufacturing Media Consortium in 1999, which now has more than 6,000 global members including journalists, editors, publishers, and economists, worldwide writing about trends, industrial data, manufacturing case studies, material handling profiles, and robotics feature articles. Cutler works with thousands of media outlets to expand the coverage and importance of the manufacturing media coverage.
Cutler has authored more than 6,000 articles for a wide range of manufacturing periodicals, industrial publications, and business journals each published in leading monthly trade magazines, B2B periodicals, blogs, and marquis publications globally. Cutler is the most published freelance industrial journalist worldwide, and more than three thousand industry leaders follow Cutler on Twitter daily at @thomasrcutler.