Control Your Inventory Stock Before It Controls You
Inventory stock control is one of the most important aspects of your business. It can easily be overlooked as something of a hindrance which costs money and time to maintain and does not actually put product into the hands of the customer and money in the till. However, this take on it is naïve to […] ... Read More
January 27, 2018 inventory stock, stock control, warehousingThe inventory cost of purchasing an item – there’s more than meets the eye
When running a company, it is imperative to understand every reason for outgoing revenue and to try and find methods to reduce these so that the bottom line does not suffer. One such area that can sometimes take people by surprise is all the hidden costs associated with purchasing stock. They are not so much […] ... Read More
July 7, 2017 inventory cost, inventory management, inventory storage, shortage costs, warehousingThe Key Drivers of Negative Inventory
Inventory is something a business can count, so it is surprising that inventory can be negative on paper or in an inventory management system. ... Read More
November 8, 2016 inventory reporting, manufacturing, negative inventory, stock movements, warehousing