November 27, 2020 5 Minute Read How to calculate safety stock – with formulas an... To calculate safety stock, work out your average daily use for a product and multiply it by its average lead time – how long i...... Topic: accurate inventory excess inventory inventory management Inventory Metrics Inventory Reporting safety stock
November 23, 2017 3 Minute Read Understanding What Is Inventory Management As a component of supply chain management, inventory management oversees the flow of goods or components from manufacturing to w...... Topic: accurate inventory business growth inventory management supplier relationship
July 11, 2017 2 Minute Read Designer and manufacturer The Pillow Collection em... https://youtu.be/Qg7bFvTiIsw?rel=0 Now into its fifth year, The Pillow Collection designs and manufactures designer throw pillow...... Topic: accurate inventory America cloud-based inventory customer stories inventory management software The Pillow Collection US USA
July 4, 2017 3 Minute Read Accurate Inventory Costing: Why It’s Critical fo... For most stock-based businesses, inventory is likely to be the business’ biggest asset. Even if a business has some other, hig...... Topic: accurate costs accurate inventory inventory accounting inventory cost production cost
July 1, 2017 2 Minute Read Conducting a Successful Stocktake A stocktake is a record of the inventory a business has on hand, which is commonly done at the end of the year. However, some bu...... Topic: accurate inventory accurate stock counts inventory management inventory tips stock take stocktake
June 29, 2017 3 Minute Read The Benefits of the Just-In-Time Approach In inventory management, the Just-In-Time or JIT system reduces wastage, improves efficiency and productivity, and contributes t...... Topic: accurate inventory inventory methodology JIT just-in-time just-in-time methodology manufacturing production cost supplier relationship
June 28, 2017 2 Minute Read Why Accurate Inventory Levels are Essential Inventory is vital for any goods sector business; retailers and wholesalers rely on inventory for sales, while manufacturers nee...... Topic: accurate inventory inventory cost inventory levels overstock overstocking sales performance under stock understocking
June 5, 2017 2 Minute Read Accurate Inventory Records are Crucial for Success Without keeping an accurate record of your company’s inventory, you risk dissatisfying your customers and ultimately, losing p...... Topic: accurate inventory business forecasting customer satisfaction employee satisfaction inventory records overstock under stock
May 13, 2017 3 Minute Read When is Stock Considered Inventory? For many businesses, inventory is one of the largest items on the balance sheet, so it is important to understand what constitut...... Topic: accurate inventory consignment inventory inventory carrying costs stock management
May 5, 2017 3 Minute Read 4 Reasons Why Accurate Inventory Is Critical For S... Knowing your inventory is critical. Here are four reasons why access to up-to-date, accurate inventory will keep you trading and...... Topic: accurate data accurate inventory overstock stock shrinkage understock
March 9, 2017 3 Minute Read The Benefits of Correct Inventory Levels Maintaining accurate inventory levels is a crucial part of a business. Here are five benefits of having correct inventory levels...... Topic: accurate inventory customer service retention inventory as capital stock count stock reorder