Dec 30, 2017 | Business Tips
ShareTweetShare Obsolete inventory is the worst kind of inventory you can have (next to no inventory, of course). It increases your cost of inventory and is hard to get rid of. If you have too much inventory on hand that’s not selling, chances are you want to know how...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...Jun 3, 2017 | Business Tips
ShareTweetShare Performing a complete stocktake once or twice a year is absolutely essential for maintaining healthy inventory levels and minimizing losses in retail and wholesale businesses (not to mention keeping the accountants happy). But they can definitely be...May 20, 2017 | Business Tips
ShareTweetShare Large volumes of inventory don’t just lead to more management headaches – they can cut into your profits as well. Of course, you don’t want to have too little inventory and risk losing sales through stock shortages. So, in starting your company,...May 6, 2017 | Business Tips
ShareTweetShare Growing a business means growing sales, which can be done a few ways. A couple of go-to strategies include finding more customers and increasing your average order size. Wouldn’t it be nice if you could do both at the same time, all while making your...