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Author Archives: Jay Schofield

Lehigh Valley Is the New E-Commerce Capital

Shipping, delivery and logistic concept. Earth and cardboard boxes on laptop keyboard. Online technology. 3d

Thanks to your late-night online shopping habits, development in an area in upstate Pennsylvania called Lehigh Valley and sometimes colloquially referred to as just “The Valley,” has surged astronomically in the past five years. Most recently, FedEx Ground, one of the largest transporters of parcels and other shipments, signed a $335 million lease to build its largest U.S. distribution center, ... Read More »

Preparing For An Asset Audit

Businessman Analyzing Graph And Doing Financial Calculations

How to Prepare for an Annual Audit You may dread the annual audit because it is a big and potentially expensive and disruptive undertaking for you and your employees. You may even completely dread the thought of it. However, an annual audit is the only true way to ensure your financials are in order and hopefully prove the strength of ... Read More »

Year-End Liquidation: 7 Ways to Move Your Excess Inventory

Stack of old, broken and obsolete laptop computer for repair and recycle

All year long, your business prepares for the holiday season. It’s the “make-or-break” time of the year, and you need to make it count. Business can’t stop once the elves retire for another year and all of that “red and green” needs to move out to make room for the pastel shades of spring. As you look ahead to your ... Read More »

6 Ways To Eliminate The Hard-to-Get Holiday Toy

Girl playing on a game pad with dual screens. Screens are black to allow to easily select and replace by your own graphics. Focus on Game pad. Head out of focus. Adobe RGB

The pet rock. Cabbage Patch Kids. Nintendo. Tickle Me Elmo. Furbee. iPods. And this year, the Hatchimal. Ah, those hard-to-get holiday toys of the past. Every year it was something different. And every Black Friday, shoppers flooded retail stores, with one mission:  Get that toy, no matter what. We have President Franklin D. Roosevelt to thank for the annual shopping ... Read More »

How to Prepare Your Warehouse For the Holiday Rush

two santa clauses workers at work in large storehouse

Think about all the shopping you do in the winter months to have gifts ready for the holiday rush. Multiply those purchases by the millions of people who are doing the same across the country and you’ll see why the holidays are so important for retailers. Holiday sales can account for more than 20 percent of retailers’ total earnings for ... Read More »

How Amazon Prepares for Black Friday and Cyber Monday

Teenage girl using laptop computer at Christmas

No other retail company does more business during a more crucial stretch than Amazon does on Cyber Monday. In 2015, Amazon generated 36 percent of all online sales on the Monday after Thanksgiving, the online-only iteration of Black Friday that saw more than $3 billion in sales last year. The online-only iteration of Black Friday saw more than $3 billion ... Read More »

How NFL Teams Make Sure There Are No Asset Glitches On Game Day

American football ball

We’re now in the middle of NFL season, which means that Sundays (and Mondays, and Thursdays) are now almost completely dedicated to the arduous task of eating wings and watching football. Fans across the country spend hours glued to their screen each week. How many of them take a minute to consider all the equipment, tools and human effort that ... Read More »

Spooky Things That Can Happen If You Don’t Track Your Inventory

A ghostly apparition of a woman isolated on a black background

So you didn’t buy enough Halloween candy. The neighborhood children are out in droves and they keep ringing your doorbell and reciting the obligatory “Trick or Treat,” and you keep answering the door with a sad face and look of shame. Just turn out the lights already. You are closed for business. But it’s okay. It’s just one night. It’s ... Read More »

Barcodes and Asset Management Along the Global Supply Chain

Import, Export, Logistics concept - Map global partner connection of Container Cargo freight ship for Logistic Import Export background (Elements of this image furnished by NASA)

With manufacturers maintaining operations across borders and continents and working with a wider array of smaller companies and suppliers to develop, manufacture, and distribute products, it is crucial that assets and inventory are properly managed and monitored as they move through a supply chain that may start in Mexico, stop in China, and end in Europe or the U.S. Part ... Read More »

Protecting Your Warehouse Against the Cold

Large modern empty storehouse

Just like our homes and offices, warehouses need a little TLC from time to time. Retail companies that use a warehouse to store their inventory (as well as retail behemoths that run their own warehouses and oversee almost every aspect of their supply chain, like Amazon) likely know some of what goes into keeping warehouses, and the goods within them, ... Read More »