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Topic: inventory levels

Why Accurate Inventory Levels are Essential

Inventory is vital for any goods sector business; retailers and wholesalers rely on inventory for sales, while manufacturers need inventory to keep the production process running. Being able to accurately determine inventory levels is important – too little and your business can’t function; too much and your business risks being swamped ... Read More

  June 28, 2017     

Five ways to improve your inventory management today

Many business owners know that ordering the right levels of inventory is crucial as it controls costs in addition to acting as a blueprint for a business’s overall health. Here we look at five ways we can help improve your inventory management today. Break down your inventory into key categories Breaking down your inventory into […] ... Read More

  June 20, 2017     

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 maintain consistent and adequate cash flow. Achieving effective inventory control is accomplished by having the right product, in the right place, at the right time. Maintaining the stock necessary to meet customer’s need ... Read More

  May 26, 2017     

Correct Inventory is Crucial to Business Success

In a stock-centric industry such as retail, inventory is typically one of the business’ largest assets. Keeping an accurate record of inventory levels and performance is critical to realizing the full potential of your business. Here are some ways that investing in accurate inventory information (and, in particular, correct inventory levels) will ... Read More

  February 24, 2017