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Topic: inventory management

Consider these aspects of inventory management

In most businesses but particularly in retail, having the right amount of stock on hand that is in optimum condition and within the expiry date, is the key to instigating sales and creating a reliable customer experience. To do this is no easy feat and there are often a lot of managerial practices that must […] ... Read More

  June 8, 2017     

Five Typical Inventory Management Mistakes You Should Avoid

Inventory can pose a challenge for any business, let alone a business without a dedicated inventory management function. While some aspects of inventory management can be challenging to master, the basics are easy to get right. In this article, we discuss some of the most common inventory mistakes for growing businesses to avoid. Carrying too [&hel ... Read More

  June 7, 2017     

Inventory Turnover Ratio: What is it telling you?

The inventory turnover ratio is the number of times a business sells and replaces inventory within a specified period. In effect, the inventory turnover ratio determines how long a company takes to sell its on-hand inventory and helps a business determine how well they are performing. Calculating Inventory Turnover The first task in establishing yo ... Read More

  June 6, 2017     

Two Approaches to Tracking Inventory

Accurate inventory control is a serious business and organizations are increasingly recognizing the importance of implementing sound inventory management practices within their organizations. How then do we go about tracking inventory? There are two approaches, the traditional method of manually tracking and recording the flow of goods into and out ... Read More

  June 2, 2017     

5 Reasons To Make Barcodes a Priority

If your business relies on manual stock handling processes, then chances are that you are not managing your inventory as effectively as possible. Manual processes cost a lot of time and can often increase error rates in an organization’s inventory data. While some forms of automation can be costly to set up, barcode tracking is […] ... Read More

  June 1, 2017     

Six Common Barcodes Explained

Barcode symbols are used to encode information such as product numbers, serial numbers and batch numbers. Barcodes can be scanned electronically using laser or camera-based technology that allows goods to be tracked throughout the supply chain. There are over 100 various barcode symbols which are typically either one or two-dimensional. The linear, ... Read More

  May 31, 2017     

Getting Started with Inventory Barcoding

Barcodes are easy to implement, and they have the potential to take a lot of pain out of the inventory management process. Not only do barcodes speed up data entry, they also increase the accuracy of your inventory records and make real-time inventory control possible. Here’s how to set up barcoding for inventory management. Generating […] ... Read More

  May 30, 2017     

Do you know the basics of inventory management?

Inventory is a vital part of any retail or manufacturing business, yet inventory management often doesn’t get the attention it deserves. If you think about it, even in our homes there is some semblance of order to how we store our groceries. Instinctively undertaking basic inventory management, we generally place tea, coffee and sugar together [& ... Read More

  May 25, 2017     

A few how-to’s of SaaS for a small business

It is difficult for small businesses to compete with large companies that monopolize the industry. But it seems that, currently, we are coming back to celebrating the niche, the small and the boutique, such as with craft beer or handmade clothing. One tool for the computing side of the small business, which makes it easier […] ... Read More

  May 20, 2017     

Inventory Control Benefits Your Business

Inventory management is the process that controls the constant movement of inventory to meet production needs and consumer demand. If your stock isn’t continuously moving, then something isn’t working right. Companies generally have significant amounts of money invested in inventory, therefore it makes sense to control that inventory effectivel ... Read More

  May 16, 2017     

A Handle on Procurement: The Cost of Purchasing Inventory

In this highly competitive economic climate, many businesses are scrambling to reduce. One expense that is often overlooked is the cost of procurement – that is, the cost of purchasing inventory for use or sale. Although the key cost of procurement is the per-item cost (the sticker price, in other words), any business will incur a […] ... Read More

  May 12, 2017     

Unleashed Software helps customers process $4.95 Billion in sales during FY17

AUCKLAND, New Zealand. Unleashed Software, the Auckland-based inventory management Software-as-a-Service (SaaS) provider, has announced record sales and customer growth over the financial year to 31st March 2017, and now supports well over 2000 clients globally. CEO Gareth Berry comments: “We acquired our 2000th customer during the year, which is ... Read More

  May 11, 2017     

A Closer Look at Inventory and Warehouse Management

Inventory management and warehouse management sound very similar and are commonly confused or used interchangeably. Here's the differences. ... Read More

  March 6, 2017     

An Introduction to the Basics of Inventory Management Software

Inventory management is essentially a variety of techniques, tools and technologies that a business uses to manage and control their inventory. The way that it’s utilized and implemented ranges from simple right through to complex. It depends on the needs and scope of the business and the capabilities and functionality of the management software ... Read More

  February 17, 2017     

Multiple Shopify stores integration, multiple warehouses, – one integrated solution

Unlocking the power of Unleashed for Shopify multi-store Whether you are a well-established business with a hundred employees spread out across several countries or a one-man band growing your fledgling business from your living room, ensuring your e-commerce business operates efficiently and profitably is all about seamless and effective systems i ... Read More

  February 13, 2017     

Inventory Management and the Bottom Line

Lean inventory involves minimizing excess stock; using more efficient processes to manage inventory and production are crucial to reduce waste. ... Read More

  January 13, 2017     

Getting the Upper Hand with Perpetual Inventory Management

Stock takes can be a painful experience, and they cost your business. A manual stock take can take a lot of time and effort, often requiring the closure of the shop floor or the warehouse for a period of time. Although occasional stock takes will always be a feature of proactive inventory management, implementing an […] ... Read More

  January 12, 2017     

Cloud Software: A Manufacturer’s Next Step

Unsurprisingly, some of the early-adopters of cloud software were the IT, Communications and Financial Services industries. The many advantages of using cloud Software are beneficial to a broad scope of businesses. Since Henry Ford built his first assembly line in 1913, automation has revolutionised manufacturing industries. Similarly, manufacturin ... Read More

  October 7, 2016     

Inventory management for wholesalers

How effective inventory management aids wholesalers Wholesalers by nature will typically have a multitude of products and stock coming in and out on a regular basis. After all, they’re the middlemen between distributors or manufacturers and retail customers. And due to the fact they will typically deal with stock on a large scale, having the [&he ... Read More

  September 25, 2016     

Client Spotlight: ShinDigger Craft Beer

What a great story of entrepreneurship – we love being involved with start-ups and helping them grow. What we are even more pleased about is that Shindigger uses Unleashed for their craft beer inventory management! ... Read More

  September 15, 2016     

The Power of a Perpetual Inventory System

What it is, what it does, and why your business needs it.

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  February 10, 2016     

Inventory Management vs Warehouse Management

Inventory management and warehouse management are similar functions, and sometimes are used synonymously in practice. However, they are distinct concepts, and it’s important for a business to know the difference. This is especially so if they are considering buying inventory management or warehouse management software packages, that are be ... Read More

  August 6, 2015