March 7, 2018 2 Minute Read Five Effective Ways to Reduce Cost of Goods Sold Cost of goods sold, also known as COGS, is one of the most important elements of your business to understand. COGS can be define...... Topic: business costs cost efficiency cost of goods sold efficient inventory management
October 12, 2016 3 Minute Read The Risks of Having Too Little Inventory The costs of holding excess and stale inventory are well documented and understood; handling and storage costs, depreciation and...... Topic: cost efficiency customer satisfaction inventory forecasting inventory management order fulfillment understock
September 26, 2016 3 Minute Read The Dangers of Understocking If every inventory manager or business owner were to sit down and write a list of their biggest inventory nightmares, it’s a s...... Topic: cost efficiency cost of business lean inventory practices small business stock demand
August 28, 2016 3 Minute Read 5 strategies to turn an overstock liability into a... Businesses that implement inventory management software, which integrates each node in the supply chain, are generally able to ...... Topic: cost efficiency lean inventory practices overstock supply and demand supply chain management