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Topic: stock control

5 Best Practice Inventory Control Techniques for Warehouse Management

Good inventory control techniques for warehouse management start with an organised and well-maintained site. Managers should regularly inspect warehouse operations, ensuring that stock is stored in a way that allows staff to easily and safely access it. Below are some best practice inventory control techniques to help improve your operations and en ... Read More

  February 9, 2019     

How Can I Make Sure My Business is Ready for Action in the New Year?

You’ve had your Christmas party, you’ve shipped your final orders for the holiday season and you’re enjoying your time off. But it’s never too early to start thinking about the following year – and there’s plenty to think about when it comes to making the year easier on yourself and your employees. One of the […] ... Read More

  February 8, 2019     

3 Simple Tips to Prep Your Business for Peak Periods

It’s very common for a business to earn a substantial amount of their revenue over a short period of time. Peak periods lead to an influx of sales and it seems to happen relatively quickly. These fluctuations are important to prepare for and even more important to capitalise on. Don’t miss out on the peak […] ... Read More

  December 24, 2018     

Watch Your Cashflow Improve with Inventory Management

There’s a lot to think about when managing a business. One of the most important activities a business can do is to optimise cashflow. There are numerous approaches to refining the operational cashflow in a business. One of the primary keys to a healthy cashflow is inventory management. The following tips break down how you […] ... Read More

  December 1, 2018     

A Stock Control Guide to Omnichannel Inventory

Omnichannel retail used to be solely the domain of large enterprises but building an eCommerce site or setting up an online marketplace is now much easier for smaller retailers and SMEs. The omnichannel pursuit, however, does have its challenges particularly when it comes to stock control. Inventory ownership The difficulty with inventory ownership ... Read More

  October 9, 2018     

What You Need to Know About the Difference Between Pipeline and Decoupling Inventory

If your business manages inventory, you will appreciate how important it is to get it right. However, managing inventory can be complex. Depending on your business model and the products you are selling, there are different reasons for holding inventory. It’s not always clear and the art of managing inventory can be the result of […] ... Read More

  September 25, 2018     

True or False? Inventory Management Myths Debunked

Managing inventory, even as a smaller start-up business, can be a delicate balancing act requiring real dedication and commitment. There are innumerable myths about inventory management that plague the world of business and may even prevent new business owners from becoming successful. In this article, we dispel four common myths about inventory th ... Read More

  September 22, 2018     

Freeing up Manufacturing Inventory with Decoupling

Production lines and interdependent process stages can be a nightmare for manufacturing inventory management but understanding the use of management techniques such as decoupling inventory can ease the load in various stages of production. Decoupling inventory acts as a buffer against breakdowns in machine production rates that would prevent the ne ... Read More

  September 13, 2018     

Stock Control and Fixed Asset Management: What’s the Difference?

Keeping track of inventory and fixed assets is crucial when calculating business success. Not only is inventory valuable because of its shelf worth, but your fixed assets enable your business to run. Knowing the difference between the two is important for both accounting and stock control purposes. What are fixed assets? A fixed asset is […] ... Read More

  September 7, 2018     

The Best Ways to Manage Dead Stock Inventory

With a big warehouse, managing inventory stock can be a challenge. It is a delicate balance to optimise your inventory stock if your warehouse stocks too little, you could lose customers, but if you stock too much, you might end up with dead stock. Dead stock can pile up in a warehouse. Before you know […] ... Read More

  September 3, 2018     

Understanding Dead Stock Inventory

When inventory management effort goes into moving products off the shelves and optimising turnover rates, it’s frustrating when some merchandise does not sell. These products lurking unsold on your warehouse shelves are considered dead stock. It can be hard to get rid of dead stock and it can put a financial strain on your business. […] ... Read More

  September 3, 2018     

How Inventory Control Can Ease the Pain of Product Returns

Poorly managed inventory and product returns can wreck havoc on your inventory control and consume your margins. eCommerce has grown rapidly and the volume of returned goods has kept pace; more consumers return products purchased online than at brick-and-mortar shops. That means your business needs to be prepared to handle increasing numbers of pro ... Read More

  August 20, 2018     

5 Essential Reports for Effective Stock Control

Whether you’re in manufacturing, distribution or wholesale, knowing your inventory position inside out is almost a prerequisite for an efficient, scalable operation. Despite its importance to ensure the business is well-placed to grow, many businesses (SMEs in particular) don’t have the necessary inventory data to optimise inventory throughout ... Read More

  August 20, 2018     

Incorporating eCommerce into Inventory Management

Using an eCommerce platform to sell your product is an effective way to reach more customers. It can help grow the scope of your business and provide momentum into new markets. An essential part of a successful eCommerce platform is supporting it with an online inventory management system. Keeping track of stock With online inventory […] ... Read More

  August 13, 2018     

The Important Players in the Supply Chain

The role of inventory in the supply chain is significant because the entire function of a supply chain is to move products and supplies, from one place to another while adhering to specific time frames. Supply chains consist of more than just a few functional teams. They encompass the areas of purchasing, manufacturing, logistics, marketing, [&hell ... Read More

  August 11, 2018     

Planning for Inventory Management in a Seasonal Business

For those businesses that operate in an industry that is seasonal by nature, inventory management becomes even more complex. Navigating seasonal fluctuations requires owners to have sufficient inventory control skills so that they remain profitable during the slow season and can survive through the off season. Planning is crucial and even if you on ... Read More

  June 28, 2018     

Inventory Mastery: Where Should Online Businesses Start?

With consumers demanding quicker turnover and a larger product range, the online retail industry has to keep up with much more complex customer needs than a decade ago. Managing inventory well is essential for reaching customer expectations; let’s look at some easily achievable ways to get closer to best practice inventory management. Keeping dat ... Read More

  June 26, 2018     

Leveraging the Cloud for Inventory Mastery

As an e-commerce operator, the lack of physical shop space can lead companies to believe their stock doesn’t need to be managed at such a high level. In reality, inventory management is more important for businesses in the highly contested e-commerce space than brick and mortar stores. Effectively managing inventory can identify the errors in [&h ... Read More

  June 25, 2018     

4 Tips to Manage Inventory in a Seasonal Business

For many small, independent businesses, managing inventory is one of the most challenging aspects of running a business. Unfortunately, inventory management can be even more challenging when firms operate seasonally. Here are four ways to make sure you are well placed to manage stock throughout the ups and downs of the year. Forecasting is critical ... Read More

  June 21, 2018     

Webinar: Powerful Stock Control for your Clients

Did you catch our webinar Powerful Stock Control for your Clients? Our UK Territory Manager, Stephen Jones, hosted a great webinar last week to help our Partners understand the role they play in advising their clients on a comprehensive cloud strategy. Missed out on the webinar but want to catch up on what was discussed? […] ... Read More

  June 19, 2018     

5 Tips to Manage a Seasonal Business

Seasonality is an often overlooked aspect of business for budding entrepreneurs, yet one that is a very large threat to success if not adequately managed. To help manage this, here are some of our favourite tips to help you manage the unique challenge of seasonality. Know your industry This sounds obvious, but it’s surprising how […] ... Read More

  June 12, 2018     

Preparing for the Festive Season During a Seasonal Lull

For retailers, sales often increase dramatically during the holiday season in the build up to the holidays. In fact, nearly three quarters admit that this time of year accounts for 20% of their annual sales. This obviously means that the summer season may be significantly quieter for retailers. However, business owners should use this down [&hellip ... Read More

  June 7, 2018