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Topic: inventory tracking

5 Ways to Improve Inventory Accuracy When You’re Overwhelmed With Stock

Optimum inventory management relies on accurate data so that inventory orders can be balanced with sales. By data, we mean the numbers and categories of stored and sold product, expiration dates and storage locations so that there is always just enough product ordered in to satisfy consumer demand and sales. Improving accuracy around inventory data ... Read More

  April 8, 2019     

Inventory Control Techniques that Help Save You Time

The success of your business centres on the ability to effectively manage your inventory stock and to do it in a way that is both timely and efficient. Time is a limited resource in any organisation and inefficiencies in its management can have a negative impact on your operating processes and your ability to deliver […] ... Read More

  April 2, 2019     

How to Measure If Your Inventory Control is Working Efficiently

As a successful manufacturer or distributor, you understand the importance of managing inventory to ensure the business has enough stock on hand to meet customer demand. You’ve invested considerable time and effort into streamlining and enhancing your inventory control, but now you are unsure how to measure if these efforts have been effective. T ... Read More

  March 11, 2019     

How To Improve Your Business’ Financial Health with Inventory Management

Since inventory is one of the biggest assets for a company, it’s no wonder that it can impact on a company’s financial health. If inventory is poorly managed, there can be a domino effect on the company’s financial statements. For instance, if you have old stock sitting on the shelves, taking up space and not […] ... Read More

  January 26, 2019     

Smart Inventory and Your Data, Everywhere with Online Inventory Management

Most modern businesses understand that accurate inventory management is key to operating a successful business, with customer satisfaction and delivery times reliant on efficient stock control. In the past few years, online inventory management has been the predominant trend in the inventory management space, offering better forecasts reflecting pa ... Read More

  September 24, 2018     

World Wide Web Wednesday #49

Whether you need some lunchtime reads or something to get you past hump day, we’ve curated five links you’ll enjoy! Master these 3 things to sell on Amazon successfully The wonderful world of Amazon sales can be tempting for retailers but before businesses begin, here are three things they should consider. Who is Alibaba’s next […] ... Read More

  September 12, 2018     

Create and Print Customised Product Labels

If your business has a wide range of products, printing product labels will make it so much easier for inventory management and logistics. Unleashed Software allows businesses to print product labels. Start by creating a new product label template in the Doc Designer. Customise the fields and attributes, add images or even a company logo. [… ... Read More

  September 11, 2018     

World Wide Web Wednesday #48

Whether you need some lunchtime reads or something to get you past hump day, we’ve curated five links you’ll enjoy! Amazon (briefly) reaches a market value of more than $1 trillion Amazon shares rose to a high of $2050.50 before slipping back. According to Neil Saunders, managing director of GlobalData Retail, “to reach a market […] ... Read More

  September 5, 2018     

How Effective Inventory Control Helps Product Returns Management

Effective inventory control and product return management strategies can result in increased revenues, lower costs, improved profitability and enhanced levels of customer service. Product returns are annoying for customers and sellers. It’s often been seen as a nuisance as it entails a hefty cost and is an area of customer dissatisfaction. Ma ... Read More

  September 5, 2018     

Inventory Management Lessons to Take Away from Amazon

As a leading eCommerce giant, Amazon continues to hold a dominant position as one of the biggest online retailers in the market. Their quick delivery services and a wide variety of products at competitive prices keeps them ahead in the eCommerce game. Due to their sheer scale, they are able to meet the high demands […] ... Read More

  September 3, 2018     

The Significance of Stock Control

Maintaining inventory can feel like a delicate balance that is infinitely wavering. If you don’t have enough inventory, the repercussions can set a business back in the form of lost sales. Conversely, if you have too much inventory on hand, it can add up to be a very expensive exercise for the business. Having an […] ... Read More

  December 30, 2017     

Keeping Track of Inventory: the Basics of Stock Control

Stock control involves ordering, storing and tracking your business’ supplies and finished products. It is a crucial function for any successful business. Inventories typically involve a combination of raw materials, work in progress and finished goods, so having the right amount of each in the right place is essential for a company to run effici ... Read More

  November 3, 2017     

Barcodes: How to decode them

In June 1974, a packet of Wrigley’s chewing gum was the first item to be scanned with a barcode in a shop. Since then, barcodes have become extremely prevalent. A barcode or universal product code provides a platform to enter numerical data into a computer very quickly. You can see them on products you buy […] ... Read More

  October 28, 2017     

The Basics of Inventory Tracking

Inventory tracking allows you to keep track of the quantity of goods you have as you buy and sell products. An inventory tracking system operates in real-time so it keeps accounts accurate. There is no delay, so all product information should always be up-to-date. So, why do you need an inventory tracking system and why […] ... Read More

  October 27, 2017     

Cloud Inventory Management Benefits Retailers

Learning how to manage your inventory in retail is vital as it can make or break your business. Spreadsheets are no longer the way of the forward -thinking retailing business. These are prone to human error, are time consuming and can often lead to inaccuracies. We look at what retailers need to know about cloud […] ... Read More

  September 23, 2017     

Brewery Inventory Management Up In The Cloud

Brewery inventory management can be done in a variety of ways. Often, companies will rely on a combination of methods, including web apps, written notes and spreadsheets. These processes can become troublesome, however, especially in larger breweries with multiple departments. A singular, streamlined method for brewery inventory management can be m ... Read More

  September 9, 2017     

Cloud Inventory Management Benefitting Retailers

Cloud inventory management software is a great method for retailers to oversee and manage inventories. It greatly reduces time wastage and avoids the inevitable errors that come with manual inventory control processes. This software can help make keeping track of stock an easy process, which is essential for the smooth running of businesses big or ... Read More

  September 8, 2017     

Barcoding 101: The Different Types of Barcodes

Barcodes are a useful tool to improve inventory management in any business. In particular, barcodes increase data reliability, speed up data entry and allow you to easily implement real time inventory control. A barcode is essentially an image that represents data, and although the concept behind barcodes is simple, it pays to understand the variet ... Read More

  September 6, 2017     

The Art of Improving Inventory Management

Inventory management is a key component of small, medium and large businesses. If there is one thing that they all have in common, it is that there is always room for improvement. Getting the right level of inventory can be a delicate balance between ordering too much and having too little on hand. There are […] ... Read More

  August 31, 2017     

How Inventory Control Protects Your Greatest Assets

Inventory is at the core of a company’s revenue, profitability, and customer satisfaction. Interestingly, retailers are losing an estimated $50 billion dollars a year by not properly controlling one of their most important assets. Inventory control systems have been developed to help automate the process of tracking and managing a company’s inv ... Read More

  August 17, 2017     

Successful Product Recalls with Inventory Software

In business, no product is immune to the risk of a product recall. Research suggests that product recalls in the United States have been on the increase. In 1988, the U.S. Consumer Product Safety Commission was involved in some 221 recalls, and by 1993, that number had risen to 367 recalls. These product recalls can […] ... Read More

  August 1, 2017     

Inventory Tracking: Keeping Track of Every Moving Part

Inventory tracking is essentially a process for monitoring inventory levels, orders, sales and inventory movements. In any business, particularly in stock based businesses, there are a lot of moving parts. Keeping track of every aspect of the production process can be difficult, so businesses turn to inventory tracking to understand where each item ... Read More

  July 19, 2017