Nov 4, 2017 | Business Tips
ShareTweetShare Receiving inventory effectively is the first step towards successful warehouse management. If you screw it up, everything else will be screwed up with it. This is true in any warehouse or industry, from food inventory management to retail inventory...
Oct 14, 2017 | Business Tips
ShareTweetShare Retail inventory management isn’t fun. You don’t get the thrill of interacting with your customers or the excitement of setting up marketing materials for the new brand you just rolled out. Instead, you get late nights performing your stocktaking...
Sep 9, 2017 | Business Tips
ShareTweetShare Excel inventory management is good for one thing: Running a small business with little growth. If you’re just starting out or maintaining a small business without trying to expand it, then excel inventory tracking would work fine for you. If you run a...
Sep 2, 2017 | Business Tips
ShareTweetShare Do you have a traceability system in place that minimizes accounting errors? Can you verify the history and location of a set of goods in case of a product recall? Are you aware of which of your products are close to expiring and which aren’t? If you...
Aug 5, 2017 | Business Tips
ShareTweetShare Do you know when you’ll need to order more inventory before selling out? Have you already experienced a few stockouts and don’t how to prevent them? Are you relying on your “instincts” to calculate your reorder point? You can stop being a victim to...