Stocking an inventory of popular goods is an important part of growing your small business. However, filling up your inventory is only a first step. Some businesses suffer rough times or even go under because they fail to manage their inventory. Even a hot-selling item might not help you if you lack the inventory management …

When the consumer market shifted in favour of e-commerce, B2B wholesale followed. The world moved under our feet, and suddenly those .pdf forms and purchase order books weren’t getting the job done fast enough. After looking into SaaS options for inventory management, you may have found yourself lost in business intelligence tools and key metrics. …

Business owners and individuals who are in charge of managing the enterprise’s day-to-day accounts can often find themselves frustrated and overwhelmed by the amount of information they oversee and the scant resources they have to control it. Spreadsheets and other manual forms of entry can fail because of their propensity for human error. The solution …

Businesses are eliminating physical paperwork from all operations and administrative functions. Inventory control management is no exception. In fact, some businesspeople would argue that this is one of the first business functions that should be digitized. Going paperless reduces business risks and improves efficiency.   What Is Inventory Control Management? This refers to the processes …

A product business’s largest investment is in its own stock. Holding inventory comes with risks. These risks can negatively affect your company’s operations, customer satisfaction, and eventually your bottom line. Business owners must invest time and energy wisely into reducing the risks associated with carrying inventory stock or they are destined to fail. 1: Inaccurate …