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 …
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 …
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. Q: What is your favorite part about working at NewStream? A: For starters, I love our culture, our people, and the teamwork approach to everything …
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 …
What is the Difference Between a Warehouse and a Distribution Center? Read More »
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 …
How Does Just-In-Time Delivery Work for E-commerce? Read More »
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 a supply chain strategy, businesses will choose either to build or add on to warehousing to increase storage capacity or to outsource their warehousing and distribution to a …
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 …
Third-party logistics (3PL) services allow companies to outsource operational activities like warehousing and delivery. By outsourcing logistics, your business has more time and resources to dedicate to sales, marketing, growth and product development. One particularly important logistics service is 3PL warehousing. A 3PL warehouse takes care of your physical warehousing space for you, eliminating the …
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