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Check here so you're in the know about new Unleashed features, industry trends and guest posts from experts. It’s your way to keep on the pulse of what’s going on with us and peek into our inner workings.

Losing Sales? The Importance of Safety Stock

Jun 23, 2015
By Mandy
Losing Sales? The Importance of Safety Stock

Safety stock is when a business holds products in reserve to safeguard against any unforeseen shortages or product demands.  It allows you to overcome any variables in your supply chain, and increase your customer service level.  With a good buffer system in place you can consistently have your product available when and where you need it.  

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9 Critical Strategies to Improve Inventory Management

Jun 16, 2015
By Mandy
9 Critical Strategies to Improve Inventory Management

Getting your inventory management strategies working in harmony can be a daunting – but far from impossible – task. The key is recognizing what strategies best suit your business needs and having the tools to implement them effectively and efficiently. If you’re a small business looking to take the leap, or a start-up wanting to get the basics right, there are some critical strategies to consider. These also apply for established businesses that are looking to streamline operations or just make sure their inventory management is being handled in the best way.  We’ve put together 9 critical strategies that will help you implement, improve, and get the most out of inventory management.

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Are You a Next Generation Accountant?

Jun 15, 2015
By Mandy
Are You a Next Generation Accountant?

Technological change has had an overwhelming impact on the accounting industry. This change has created a new generation of accountants which have shifted beyond offering basic bookkeeping and tax compliance services, towards contributing sound business advice and cloud based technology solutions. As new technology has become available next generation accountants have invested their time and resources into implementing technology solutions both internally and externally to assist them in improving their service offering.  If you aren’t taking the necessary steps to become a next generation accountant then you’re missing out on opportunities to help your clients.

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Sharing Inventory Risks: An Introduction to Consignment Stock

Jun 15, 2015
By Mandy
Sharing Inventory Risks: An Introduction to Consignment Stock

Consignment inventory is stock that is in the retailer’s possession, but is still legally owned by the supplier. It occurs where the supplier has placed some products in the retailer’s control and allows them to sell or use the goods directly from their stock. Only once the product has been consumed or resold by the retailer is the inventory then purchased from the supplier. So while the retailer still incurs costs related to storing and maintaining the stock, they do not have to tie up their capital in purchasing it. In the right situation, consignment inventory can have significant benefits for both the retailer and the supplier. 

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