What is dead stock? Dead stock inventory are items in your business that has not been or cannot be sold – inventory that has n......
Inventory management is crucial for a company. Holding inventory stock ties up a lot of a company’s cashflow and just like cas......
Performing a complete stock take at least once year can be tedious, however it is critical for maintaining healthy inventory lev......
Seasonality refers to fluctuating business conditions that correspond to defined seasons, such as winter or Christmas time. Duri......
The primary reason for holding stock is to generate revenue through the sale of goods and services. To avoid the risk of a stock......
Stock management affects a company’s performance in many ways. Too little stock can lead to a reduction in sales and a loss of......
Keeping correct inventory records is a major management tool for any business that carries inventory. Businesses need to be able......
The inventory turnover ratio is the number of times a business sells and replaces inventory within a specified period. In effect......
For many businesses, inventory is one of the largest items on the balance sheet, so it is important to understand what constitut......
Keeping inventory records on Excel spreadsheets has a fatal flaw for businesses – they won’t tell you when it’s time to pu......
