Quantity Variance in Shipping
Quantity variation in shipping is the difference between the quantity of goods ordered and the quantity delivered to the consignee. This discrepancy might occur for a variety of reasons, including shipping problems, damage during transport, inventory mismanagement, or order processing errors. It is a critical indicator in the logistics and supply chain business since it influences inventory control, customer happiness, and financial correctness.
Monitoring and managing quantity variance is critical for preserving operational efficiency and ensuring that customers receive the correct goods in the appropriate quantities. To reduce the likelihood of quantity variance, businesses employ technologies such as CargoWise to streamline order processing, increase inventory tracking, and keep accurate records. Businesses can rapidly identify inconsistencies, take corrective action, and limit the risk of future deviations thanks to real-time visibility and extensive reporting. Companies can achieve more precise deliveries, boost customer happiness, and keep greater control over their supply chain operations by using strong systems and processes.