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Topic: inventory control

World Wide Web Wednesday #6

Whether you need some lunch time reads or something to get you past hump day, we’ve curated five links we think you’ll enjoy! Negotiating a deal? Try silence It might seem counterintuitive, but silence is a powerful tool in negotiations. Snapchat board member and media mogul Joanna Coles explains how she uses this strategy to […] ... Read More

  October 4, 2017     

Five Bad Online Inventory Management Habits Holding Your Business Back

Although inventory management can pose some difficult challenges for growing businesses, getting the basics right is generally as simple as avoiding some common, critical mistakes. Inventory is typically one of a business’ biggest assets, and is usually central to a business’ operations. Bad habits can break a business so let’s look at some o ... Read More

  October 2, 2017     

World Wide Web Wednesday #5

Whether you need some lunch time reads or something to get you past hump day, we’ve curated five links we think you’ll enjoy! How does the iPhone stack up against your daily coffee? iPhone X, pronounced “iPhone 10”, will be up for sale on Friday, November 3. Unsurprisingly, a hefty price tag is attached to […] ... Read More

  September 27, 2017     

Better Inventory Control With Successful Shipping Procedures

Shipping products out to your customer base can be an exciting time. However, it can also be a tricky time, considering the multitude of factors you have to consider to ensure inventory control runs smoothly. Below, we explain some key ways to ensure your shipping procedure runs effectively. Packaging How and what you package is […] ... Read More

  September 25, 2017     

Four Key Strategies to Improve Inventory Control

Companies often fail to manage inventory, or at least, don’t manage inventory effectively. Understanding the need for effective inventory management is one thing. Knowing how to implement it is another. With that in mind, what are some reliable strategies for improving inventory control? Categorisation, integrated mobile technology, effective war ... Read More

  September 21, 2017     

World Wide Web Wednesday #4

Whether you need some lunch time reads or something to get you past hump day, we’ve curated five links we think you’ll enjoy! Gig economy changing the way we work The lexicon for different types of jobs has diversified. No longer are we bound by full-time and part-time, we now have casual, fixed-term, seasonal, freelance, […] ... Read More

  September 20, 2017     

Maintain Inventory Control Using Trade Discounts

Trade discounts are often used as a means to increase sales. They are an excellent way to sell off large amounts of stock, especially useful in the case of obsolete or excess stock. Therefore, trade discounts can form a vital part of your inventory control processes. Below, we examine the key features of a trade […] ... Read More

  September 15, 2017     

World Wide Web Wednesday #3

Whether you need some lunch time reads or something to get you past hump day, we’ve curated five links we think you’ll enjoy! Chocolate gets a makeover Keep a lookout for pink chocolate in the near future! The world’s largest cocoa processor, Barry Callebaut AG, have introduced a sweet new hue to our chocolates. With […] ... Read More

  September 13, 2017     

What Are The Serial Number Tracking Benefits?

Serial numbers are exceedingly unique and provide exceptional stock control. It’s important for companies to understand the nuances between a serial number and how it differentiates from other identifying codes or product numbers. Serial numbers can be represented as both numeric and alphanumeric and differ from product identifiers such as barcod ... Read More

  September 7, 2017     

World Wide Web Wednesday #2

Whether you need some lunch time reads or something to get you past hump day, we’ve curated five links we think you’ll enjoy! The economy of Taylor Swift Like it or not, Taylor Swift will be helming the headlines for weeks to come. Along with her edgy new persona, Taylor dropped another bomb when she […] ... Read More

  September 6, 2017     

A Distributor’s Guide To Inventory Stock Control

We understand that barcoding is about pictorially displaying information with other key data points linked to it. This is the basis of barcoding and though simplistic in its concept, it can be a very powerful tool for the distribution industry. However, a barcode is nothing on its own and must be incorporated with a good […] ... Read More

  September 5, 2017     

Four Reasons Why Inventory Automation Saves Money

If your business is stock based, then inventory may be its biggest asset – whether your business is a wholesaler, manufacturer or retailer. Inventory management is essentially the practice of maximising the use and value of your business’ biggest asset. Inventory automation can unlock further efficiencies, allowing your business to grow to ... Read More

  September 4, 2017     

World Wide Web Wednesday #1

Whether you need some lunch time reads or something to get you past hump day, we’ve curated five links we think you’ll enjoy! Is inventory control the key to your retail business’ success? By empowering and enabling your staff, you can reap the benefits of smooth inventory management: increased efficiency, greater security, and easier sales [ ... Read More

  August 30, 2017     

Penny pinching? Here are some ways to reduce costs

With global recessions, increasing oil prices and increasing competition, saving money wherever possible and thereby maximising profits is the name of the game. Identifying areas for potential savings can be daunting although you need not fear the process as there are several simple ways to reduce business costs. Automation Depending on the size of ... Read More

  August 19, 2017     

Beyond Barcoding

The buzz is all about barcoding and how it can benefit companies the world over in optimising their internal processes to save time and money. However, barcodes are not the end of the story when it comes to inventory management and product tracking. Let’s explore some of the alternatives to traditional barcodes. RFID RFID or […] ... Read More

  August 18, 2017     

How Inventory Control Protects Your Greatest Assets

Inventory is at the core of a company’s revenue, profitability, and customer satisfaction. Interestingly, retailers are losing an estimated $50 billion dollars a year by not properly controlling one of their most important assets. Inventory control systems have been developed to help automate the process of tracking and managing a company’s inv ... Read More

  August 17, 2017     

Inventory control for distributors – success is within reach

To solve inventory control challenges, an inventory management software is imperative in providing an easy and effective solution, especially for manufacturers and distributors. The business of distributing involves matching the incoming product from a supplier to the ordered and shipped volume. In an ideal world, this results in little stored inve ... Read More

  August 11, 2017     

Taking the Plunge: Six Ways to Improve Your Company’s Inventory Management

Inventory management is the art of balancing what stock comes in with what stock goes out so that, in the ideal world, there is only a small amount left over and no stock is rendered obsolete or expired. Even though it can be simply described, inventory management is exceedingly complex and often needs a lot […] ... Read More

  July 22, 2017     

What does negative inventory do to your inventory control

A businesses’ inventory control can be adversely affected by inaccurate inventory records stemming from negative inventory. Negative inventory refers to the situation which occurs when an inventory count suggests that there is less than zero of the item or items in question. Below we summarise the key factors that may cause a negative invento ... Read More

  July 21, 2017     

Four Proven Ways to Streamline Your Inventory Management

Inventory management is a core business function which is responsible for all decisions about all goods and materials in an organization. Effective inventory management involves ensuring that policies, activities and procedures are in place to make sure the correct amount of each item is held in stock at any time. Let’s discuss four proven ways [ ... Read More

  July 20, 2017     

Retailer BCE Catering Equipment maintains inventory accuracy with Unleashed

Five years ago, Neil Thomson, owner and director of BCE Catering Equipment, took over the company. Neil and his team are dedicated to bringing new and innovative products to the market to showcase food from cafes and restaurants. BCE Catering Equipment have various sales channels. Aside from an online channel, a sales team sell directly […] ... Read More

  July 6, 2017     

Four Simple Reasons Why Inventory Control Systems are Important

Inventory control systems are a collection of hardware and software-based tools, such as barcode scanners and inventory tracking programmes, which help businesses to keep track of their stock. These systems give companies who sell quantifiable goods an accurate means of overseeing their stock levels, sales, losses and much more. Inventory control s ... Read More

  June 15, 2017