How To Prevent and Mitigate 3 Common Inventory Management Problems
When managing inventory, there are a wide array of challenges and problems that face business owners. These problems are an issue for small businesses, large corporations and all of those companies in between who are experiencing growth. Inventory is one of your most important assets. It’s imperative to prevent and mitigate inventory management p ... Read More
March 14, 2019 inventory control, inventory management, inventory stock, spreadsheetsIs Using Excel for Inventory Management Really That Bad for My Business?
If you run a small business – or if you used to run one and your business has gotten bigger – you’re probably familiar with Excel. This versatile little piece of software is great for budgeting, accounting, scheduling, project management, customer relationship management and more. In particular, Excel can be a really handy tool for […] ... Read More
February 7, 2019 cloud-based software, inventory control, inventory management, inventory management software, spreadsheetsShould Your Business Take the Plunge and Upgrade to Cloud-based Inventory?
Inventory stock is one of the most valuable parts of a business. This means that it needs to be looked after properly. When a business grows, your inventory stock will grow. However, not only will your inventory stock be growing, but you’ll need to expand your inventory management system. Otherwise, how will you cope with […] ... Read More
January 22, 2019 cloud-based inventory, inventory management, inventory management software, spreadsheetsSpreadsheets for Inventory: What Are You Actually Getting?
For a small business, using a spreadsheet is a simple, cost-effective solution to managing your inventory, right? Well, maybe, but maybe not. In the early days of a small business, a spreadsheet is an easy way to reduce upfront costs and still manage your inventory. Perhaps your company only has a few suppliers or products […] ... Read More
January 19, 2019 cloud-based inventory, ditch spreadsheets, inventory management software, spreadsheetsThe Reality of Maintaining Spreadsheets for your Inventory Control
How you manage inventory and execute inventory control in your SME can mean the difference between a profit and a loss. If you find yourself with inadequate stock levels you will fail to meet customer demand, leaving your business at risk of losing sales and potentially customers. Any excess inventory stock costs money to carry […] ... Read More
January 7, 2019 cloud inventory management, cloud-based software, online inventory management, spreadsheetsOnline Inventory Management: When to Move Inventory Control to the Cloud
Spreadsheets have been around for years and admittedly there are still some situations where using spreadsheets can be a good option for an SME’s inventory control. It’s a low-cost choice for businesses with a small number of SKUs and where you have just a couple of people dealing with inventory stock management. If you hold […] ... Read More
January 5, 2019 inventory control, inventory management, inventory management software, online inventory management, spreadsheetsProtectaPet boosts growth with cloud-based inventory management software
When Eve Davies lost her cat Lola in a road traffic accident, she and her partner were looking for a way to keep their other cat safe from the dangers of free roaming. In 2012, Eve Davies and her partner founded ProtectaPet, a business dedicated to allowing cats to experience the outdoors while giving their […] ... Read More
August 10, 2018 customer story, GB, inventory control, overstocking, retail, spreadsheets5 Signs You Need Inventory Management Software
Inventory is many businesses’ most valuable asset – both on the balance sheet and in terms of its central role in keeping the business ticking. Managing inventory well is a complex task, but it is also one that can help your business be more profitable and deliver more for your customers. Here are five signs […] ... Read More
June 11, 2018 inventory management, inventory management software, SME, spreadsheets4 Signs It’s Time: Upgrading Inventory Management
Like any business tool, inventory management systems get better every year – meaning that older solutions eventually become obsolete. Deciding to upgrade your inventory management system can save your business money and help you deliver a better service to customers. Waiting until you cannot function anymore with your software will cost you m ... Read More
May 10, 2018 inventory control, inventory management, spreadsheetsIs it Time to Upgrade Your Inventory Management?
As a small business just starting out, you may find that a pen and paper is all you really need to keep track of your inventory levels and whereabouts. However, as your company begins to grow, you will soon find that this is insufficient. Do these tell-tale signs look familiar to your business? Let’s find […] ... Read More
May 8, 2018 cloud inventory management, small business, spreadsheets4 Common Stocktaking Mistakes
Completing a stock take once or twice a year is essential for maintaining healthy inventory levels and preventing losses. However, many businesses make some key mistakes when going about the stock take that can be fatal for the company’s success. In this article, we highlight a few key areas in which business owners tend to […] ... Read More
April 13, 2018 inventory control, spreadsheets, stock control, stock takeClues You Need Inventory Management Software
Managing inventory can be a cumbersome task if you don’t have the right tools. As a business owner, you may feel the pressure when inventory management goes awry. Perhaps you are frequently running out of stock, worried about shrinkage or uncertain of how much stock you have in the warehouse. There are a multitude of […] ... Read More
April 10, 2018 inventory control, inventory software, spreadsheets3 Deadly Sins of Inventory Management
Sales numbers are not the only factor that influence a business’ bottom-line. Inventory management is just as important, and managers need to be wary of a few common inventory management mistakes to avoid. This article outlines some common inventory management mistakes to avoid, from hiring unqualified employees to conducting inventory tasks manu ... Read More
January 11, 2018 inventory management, spreadsheets5 Bad Inventory Management Habits to Break
Using an accounting system with an inventory control setting An accounting system, no matter how great it is for accounting, will never have the analytical features to manage inventory precisely. A lot of people focus on numbers and profits. However, although important, when it comes to expanding your business without a proper paper trail and [&hel ... Read More
November 23, 2017 cloud inventory management, spreadsheets, stock controlInventory Management: Ten Ways Spreadsheets Let You Down
Spreadsheets and other manual inventory tracking methods have a number of weaknesses when compared with best in class inventory management software. If you are still using spreadsheets to manage your inventory here are ten reasons why you need to stop so that your business can reap the rewards it deserves. Manual data entry is prone […] ... Read More
August 16, 2017 ditch Excel, efficient inventory management, human error, perpetual inventory, spreadsheetsBottlepops runs retail business smoothly with Unleashed
Greg Jury, founder and CEO of Bottlepops started the business of talking bottle openers five years ago. He started with the concept of a talking bottle opener, which then evolved monthly. Now they have a 26 unique items in a variety of ranges. Their unique bottle openers, often featuring caricatures of sports legends, enhance the […] ... Read More
July 17, 2017 AU, Australia, Bottlepops, business processes, customer story, efficient inventory management, inventory management software, spreadsheetsWhy Do Spreadsheets Ruin Inventory Management?
Spreadsheets are an ad hoc tool often used as a permanent solution rather than a quick fix, and often far beyond their capability. ... Read More
April 22, 2017 cloud-based software, excel, human error, perpetual inventory, spreadsheetsWhy Isn’t Excel the Best for Inventory Management?
Here we review 10 reasons why Excel spreadsheets are highly restrictive and not the best option for managing your company’s inventory. ... Read More
March 4, 2017 excel, human error, live data, perpetual inventory, spreadsheets3 Reasons Why Inventory Management Software is Essential
When it comes to accurate inventory control and management, nothing plays a bigger role than the use of comprehensive, integrated and cutting edge software ... Read More
November 5, 2016 data consistency, human resources, integration, optimized inventory, spreadsheets