January 7, 2020 3 Minute Read 4 Causes of Inventory Discrepancy in Your Stocktak... An inventory discrepancy happens when the actual on-hand inventory stock is different from the item quantity recorded in an inve...... Topic: inventory control inventory levels inventory management stocktake
May 18, 2019 3 Minute Read What is a Deterministic Model of Inventory? It is so important to maintain the optimum level of inventory, but sometimes it is easier said than done. The good news is that ...... Topic: inventory control inventory levels inventory management stock control
December 7, 2018 3 Minute Read How To: Improving Your Inventory Turnover Ratio If you’re in business, you may have heard of something called inventory turnover. So, what exactly is it and why is it importa...... Topic: excess inventory inventory control inventory levels inventory management software
November 30, 2018 7 Minute Read 6 Ways to Improve Inventory Turnover (& Why it Mat... This article was updated in March 2023 to reflect new information, current trends, and adjusted statistics. To ensure your small...... Topic: inventory levels inventory management inventory turnover
October 25, 2018 3 Minute Read Accounting for Inventory: The Impact of Inventory ... Proper inventory valuation is important when accounting for inventory through financial reporting. If inventory is not correctly...... Topic: accurate stock levels inventory control inventory levels
October 1, 2018 3 Minute Read Zero Inventory: A Primer for Manufacturers With more and more businesses touting zero inventory as the secret to their success, boards and executive teams are increasingly...... Topic: inventory control inventory levels inventory management manufacturers
September 26, 2018 3 Minute Read What is Zero Inventory and How Does it Work? Inventory control is undoubtedly one of the biggest challenges in supply chain management and poor forecasting can leave compani...... Topic: inventory control inventory levels inventory management
September 18, 2018 5 Minute Read The Difference Between Safety Stock and Cycle Stoc... A company’s on-hand inventory stock generally consists of both safety stock and cycle stock inventory. The cycle stock is the ...... Topic: inventory control inventory levels inventory stock safety stock
December 25, 2017 3 Minute Read Stock Taking for the Drinks Industry Inventory management and stock taking are painful processes for any business, however it seems it can be a far more daunting tas...... Topic: beverage beverage industry inventory levels stock levels stock take
August 17, 2017 2 Minute Read Stock Management Improvements For Better Performan... Stock management affects a company’s performance in many ways. Too little stock can lead to a reduction in sales and a loss of...... Topic: business performance inventory levels inventory management profitability stock management
August 1, 2017 2 Minute Read Why correct inventory levels are a must Keeping correct inventory records is a major management tool for any business that carries inventory. Businesses need to be able...... Topic: efficient inventory management inventory levels stock management stock take
June 30, 2017 3 Minute Read How Understocking Can Affect Your Business Having too little product on hand can have far-reaching consequences for your business. Take for example the retailer Lululemon,...... Topic: customer satisfaction inventory levels understock understocking
May 26, 2017 2 Minute Read The Importance of Inventory Control Inventory control is essentially about reducing costs and improving service. It is also how you manage your working capital to m...... Topic: inventory inventory control inventory levels Inventory Reporting