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Topic: inventory tips

The Importance of Inventory Metrics for Business Success

Starting a small business can be an exciting time for the owners, who usually have a solid understanding of how to build and promote a product and how to reach their customer base. However, a key and often overlooked component to business success is understanding key inventory metrics. Managing your inventory correctly can greatly enhance [… ... Read More

  April 5, 2018     

Doing Barcodes The Right Way

The modern era of business management is exciting and fast-paced. To ensure your business remains a contender in the global arena, the adoption of technology and automation is paramount. A revolutionary aspect to technology and automation was the development of the barcode, which pictorially displays data relating to the item, be it price, location ... Read More

  August 15, 2017     

Six Tips For Inventory Management Best Practice

Inventory is one of the largest assets in a goods-based business, and even if your business is small-scale, chances are that a significant part of its capital is invested in inventory. In a goods-based business, your success depends on inventory being managed well. In this article we look at what best practice looks like in […] ... Read More

  July 25, 2017     

Conducting a Successful Stocktake

A stocktake is a record of the inventory a business has on hand, which is commonly done at the end of the year. However, some businesses may perform stocktakes more regularly. An accurate stocktake is essential for making informed business decisions relating to inventory management and control. A successful stocktake gives you valuable insight into ... Read More

  July 1, 2017     

Stocktake day – 10 points to consider

An accurate stocktake is an essential part of inventory management as it provides a reference point for assessing other inventory components. ... Read More

  April 19, 2017