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Mistakes happen to everyone, but there are some business areas where mistakes can be costly. One of those areas is the warehouse. A single mistake can pile up and create more issues down the line giving your customers a poor impression of your business. Unhappy customers may take their business to a competitor. In fact, inventory management mistakes can cost your business thousands of dollars a year. If you want to improve profitability by reducing inventory management mistakes, try these four tips. Tip #1: Automate your warehouse. Automated warehouses use barcode scanners, inventory management systems, and other tools to log goods into the warehouse and log them out again during fulfillment. Such systems reduce the amount of manual errors made by failing to count items, mistaken counts, and mistakes during data entry. Tip #2: Add structure to the inventory fulfillment process. If your warehouse doesn’t have a structured process for receiving orders, picking, packing and shipping, you are leaving the success rate on your order fulfillment to chance. You can reduce mistakes and close gaps in the system by creating a structure and process that details each step for your employees. Make sure that the process is in writing, and […]