Why is inventory management important this holiday season?

According to forecasting by Adobe Analytics, during the 2024 holiday season, online sales in the United States are expected to reach a record high of $240.8 billion. This amount accounts for an 8.4% increase from the previous year during the same period (November 1-December 31). Circana also reported that 80% of shoppers plan to do at least part of their holiday shopping online, with Cyber Monday gaining in popularity.

What does this tell us? It means that a significant portion of holiday shopping is done online and that your business needs to be prepared with enough inventory to supply demand for your customers.

Warehousing helps store additional products

Many e-commerce-based businesses, especially large retailers, have their own warehousing space. To effectively set up a warehouse for an e-commerce business, you should consider:

• How much space do you need on average?
• What specialty or logistics equipment might you need?
• How will you automate repetitive processes?
• How can you optimize efficiency for filling orders?
• Which warehouse management software is right for your business needs?
• How will you integrate systems?

For smaller businesses, answering these questions and raising the capital to make it all possible can be overwhelming. There are also seasonal needs that may be outside of the scope of your normal operations. In either case, choosing a warehousing partner that can help you not only securely store goods but also assist with end-to-end supply chain management can be the right choice.

While there is a small upfront investment to get set up in a warehousing space, in the long run, it saves money and time. With a team of supply chain management experts working for you, you will have more time to focus on expanding your company through additional sales channels or new product offerings. In the crowded space of e-commerce, this can set you apart from the competition.

Why choose NEMA Logistics for your warehousing needs?

We offer more than just the extra space your company needs. We offer strategic, customized solutions that meet your goals and budget. We have adopted a variety of best practices needed for today’s warehousing companies to utilize for efficiency in the fast-paced e-commerce world such as:

• Technology that reduces mistakes and speeds up product storage, retrieval, and shipping.
• Top-notch organization and inventory management that allows employees to quickly find products and know when to reorder.
• Integrated systems such as warehouse management system (WMS) which provide updates in inventory and order status.
• Proper facilities and tools such as forklifts, electrical outlets for charging, quality wifi, and more.

Our experience in warehousing allows us to use the best of what we know from the past combined with modern techniques and tools to best serve our warehousing clients’ needs. Our strategic location close to the ports of Savannah and Charleston, complete with our FTZ (Foreign Trade Zone), makes us an ideal partner for fast shipping throughout the Southeast.

Our automated tools are accessible not only to our employees who partner with you to move your products as needed. but also to you through our web-based tool that tracks shipments and inventory management. So, while you might not be on-site at the warehouse, you can rest assured that you are armed with the knowledge you need to make smart business decisions, especially during the busy holiday season.

Ready to work with our knowledgeable warehousing team this holiday season and beyond? Reach out today. We are here to help!