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 business growth, inventory control, inventory management, inventory stock, inventory tracking, inventory turnover, stock controlHow 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 inventory control, inventory management, inventory management software, inventory tracking, online inventory managementSmart 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 cloud inventory management, inventory control, inventory tracking, online inventory managementWorld 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 best of the web, business automation, eCommerce, inventory management, inventory tracking, retail, roundup, world wide web wedCreate 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 inventory management, inventory tracking, Unleashed AcademyWorld 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 best of the web, business automation, eCommerce, inventory management, inventory tracking, retail, roundup, world wide web wedHow 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 control, inventory management, inventory tracking, retailInventory 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 inventory control, inventory management, inventory trackingThe 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 inventory tracking, stock control, stock levelsKeeping 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 inventory management, inventory tracking, seasonal demand, stock controlThe 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 automated tracking, inventory trackingCloud 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 cloud inventory management, cloud-based inventory, inventory management, inventory management software, inventory tracking, retailBrewery 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 breweries, brewery inventory management, cloud inventory management, cloud-based inventory, inventory trackingCloud 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 cloud inventory management, cloud-based software, inventory management, inventory trackingThe 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 inventory levels, inventory management, inventory management software, inventory tracking, stock levelsHow 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 automated inventory control, inventory control, inventory management, inventory trackingSuccessful 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 batch tracking, inventory management, inventory tracking, product recall