Business Tips
A Quick Checklist: Is Your Inventory Healthy?
Having good inventory management is a key factor to any successful company. Furthermore, ensuring you have the right levels of inventory is vital to any profitable company as it helps control costs, and in addition it acts as a bench mark to assessing your company’s overall health. Below we pose five questions to assess whether […] ... Read More
June 22, 2017 inventory health, inventory management, overstock, stock reorder, understock
Business Tips
Is your inventory in top shape?
Inventory health is where a healthy balance between stock in and stock out is achieved, which helps business growth in the longterm. ... Read More
April 25, 2017 ditch spreadsheets, holding costs, inventory health, multiple warehouses, stock turnover
Business Tips
The low down on the periodic inventory system
A periodic inventory system is a method of keeping track of inventory where inventory counts are only updated periodically. ... Read More
April 21, 2017 cost of goods sold, inventory health, periodic inventory, perpetual inventory, stock count