Author Archives: Tom Mancini

What Can You Do With Your Excess Inventory?

Although it can be beneficial to have an overstock of a particular product, it’s not always necessary. At some point, your company is bound to end up with excess inventory; however, too much inventory can be a wrong move for your business. Although there are resources that will help you with inventory management, here are a few other ways to help you utilize your excess inventory!

Offer a Flash Sale on Products 

There is no better way to get products to fly off your shelf than to create a sense of urgency behind it. When customers are convinced to believe that they need this product, they will do anything that they can to have it. One way to spread the word is to send out an email newsletter or start a social media campaign, on top of offering an instore promotion. Flash sales help move the items in your warehouse that haven’t been moving as quickly as you’d like.

Start Bundling Products 

Everyone loves a good deal! If you have excess products that you’re having a hard time moving, try gathering them together and selling them at an overall discount. You can even pair a less popular item with one of your best sellers to help it fly off the shelf even quicker. Although you’re using bundling to move products, customers will perceive it as getting more value for their money.

Turn Excess Inventory into Gifts 

If you have excess products, you can use it to get customers to share your business with their friends. For example, you can offer one free candle with every new client you refer to us. There are a few ways that you can customize this action to your business. Instead of giving away a product, you can offer a discount on that excess product.

You can also use your excess inventory as part of your rewards system. Once a customer reaches a certain amount of points, then they can claim their prize. There are plenty of creative ways that you can move your excess inventory.

At American Supply Co., we provide standard and bonded warehousing, licensed for food and alcohol storage. No matter the size, we will work with you to customize your storage and shipping needs to fit your company’s unique supply chain. We want to help you! Call us at 215-739-2627 and find out how we can help you with our warehouse services. 

4 Reasons a Warehouse Management System Can Help Your Company

4 Reasons a Warehouse Management System Can Help Your Company

A warehouse management system is a software application that helps your company control and manage the daily operations in a warehouse. There are many benefits to having a warehouse management system, including order accuracy and better inventory control. Having a resourceful warehouse management system can contribute to your company’s growth.  Here are a few crucial…

What Should You Be Considering Before Choosing a Warehouse?

What Should You Be Considering Before Choosing a Warehouse?

Your company’s warehousing plays a huge part in the supply chain and affects everything from inventory to delivery. A warehouse helps businesses by safely storing their manufactured products before they are delivered to their customers or transported to a physical store. Before committing to a warehouse for your company, consider these important factors while you…

Emerging Trends in Warehouse Automation

Warehouse automation can help modern businesses run more efficiently, reliably and accurately. It can also help them gain a competitive advantage in the marketplace. Here are some of the top emerging trends in warehouse automation: Cobotics Robots may be able to lift heavier, work longer and skip breaks, but often people are better at decision-making…

How Can Small Businesses Reduce Their Shipping Costs?

For many small businesses, shipping is a major expense. Fortunately, resourceful business owners can find ways to reduce their costs. Today we’ll offer a few suggestions to help you get started. Negotiate You have more bargaining power than you think! Compare rates among different shipping companies and negotiate with them to compete with rival companies…

New Container Cranes Facilitate Continued Growth at PhilaPort

The outlook at PhilaPort is bright and getting brighter as new container cranes signal ongoing growth at the recently-expanded port. This March, two super Post-Panamax container cranes arrived from China, marking yet another milestone in the full-scale modernization process underway at Philadelphia’s Packer Avenue Marine Terminal. Shippers aiming to accelerate their time to market on…

Philadelphia Purchases Land for New Air Cargo Facility

The Port of Philadelphia has undergone an extensive renovation and expansion process over the course of the past several years, allowing its import volume to grow by more than 201 percent in 2017 alone. Soon, city officials will refocus their attention on a new project that’s designed to facilitate the growth of air cargo traffic…

PhilaPort’s Newest Carrier Makes Its First Vessel Call

The Port of Philadelphia’s $300 million expansion is continuing to bring new business opportunities to The City of Brotherly Love. After increasing its import volume by a whopping 21.9 percent in 2017, the port welcomed the first vessel from its newest carrier earlier this week. The M/V Warnow Sun of Atlantic Ro-Ro Carriers Inc. (ARRC)…

Port of Philadelphia Import Volume Grew by 21.9% in 2017

Thanks to a $300 million expansion effort, business is booming at the Port of Philadelphia, according to a recent article in Supply Chain Dive. After deepening the Delaware River Channel and making substantial infrastructure investments, the port saw import volumes rise by nearly 22% in a single year. This constitutes the largest increase in year-over-year…