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WBSP342: Grow Your Business by Learning the Pros and Cons of Kitting Business Processes, a Live Interview w/ a Panel of Experts

WBSP342: Grow Your Business by Learning the Pros and Cons of Kitting Business Processes, a Live Interview w/ a Panel of Experts

FromWBSRocks: Business Growth with ERP and Digital Transformation


WBSP342: Grow Your Business by Learning the Pros and Cons of Kitting Business Processes, a Live Interview w/ a Panel of Experts

FromWBSRocks: Business Growth with ERP and Digital Transformation

ratings:
Length:
60 minutes
Released:
Jun 30, 2022
Format:
Podcast episode

Description

If you're an e-commerce brand, kitting would not be new to you. Kitting could be a great tool to increase the average order value and differentiate yourself from the competition without necessarily launching a new product line. But kitting requires your inventory to be aligned across channels to deliver the intended results. Without the inventory alignment, it may result in missed opportunities, customer experience issues due to not getting their orders as per their timeline, and worse yet, customer churn. Kitting also requires the SKUs to be aligned to forecast the dependent inventory items accurately. Finally, kitting requires your pricing to be consistent across channels. So what are the best practices to implement kitting for your business?In today's episode, we invited a panel of cross-functional experts for a live interview on LinkedIn who brings significant expertise to discuss the pros and cons of kitting business processes and best practices. We covered many grounds, including the difference between a kit and a pallet, kit and WIP, and just-in-time kits vs pre-built kits. Finally, we discussed how to account for labor with kitting and which types of inventories can support kits such as raw material, FG, MRO, and QC. For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.
Released:
Jun 30, 2022
Format:
Podcast episode

Titles in the series (100)

WBSRocks podcast features in-depth conversations on ERP, digital transformation, manufacturing, supply chain, eCommerce, and industry 4.0. The purpose of the show is to help CFOs, COOs, CEOs, and business owners with their daily operational and financial growth challenges by taking a deep dive into business cases and processes, technology strategy and architecture, transformation initiatives, and business models. The show also offers an independent analysis of technology trends, various ERP vendors and solutions, and enterprise software mergers and acquisitions. Subscribe today to stay on top of digital transformation trends!