Barcode scanners have made doing business much easier and much more efficient. Compared to manual encoding, barcode scanners eliminate human error. When you are dealing with a large sales inventory, human encoding errors can mean thousands of...
Christmas is just around the corner, and you are probably excited about having some time together with friends and family. However, Christmas signifies the end of the year, and you need to think about your business as well. It...
Is counting inventory a disruption to your business? Does it always take you longer than expected? If so, let’s take a look below at the best method of physically counting inventory. As a business owner, it is critical to...
Do you have trouble controlling the inventory in your business? Don’t worry, you’re not alone. Inventory control systems can help solve your inventory management issues. Please read below for more. Inventory control is all about effectively managing where your...
There are no strict rules when it comes to writing a stock report. This is mainly because of different business models and how each ultimately needs to customise their system for accurate stock taking. However, there is certain information...
Quite often, stock and inventory are used interchangeably but they have different meanings. It’s important to understand that using the two terms interchangeably is technically incorrect and may be misleading when it comes to the financial health of the...
One of the biggest challenges that store owners face is keeping track of their physical inventory. It’s a necessary evil that is a massive disruption and inconvenience for most business. However, stock taking is something that you cannot avoid...
When it comes to product sales, most businesses share one common overriding fear – dead stock. Items or products that are not selling don’t just take up unnecessary space. These items also tie up the business’ money. One of...
If you are in charge of a fabric business, you know how difficult it is to manage inventory. This is why it is essential that you find the right system to use. The problem with this is the fact...
Inventory management is one of the trickiest parts of running a retail store. The inventory that you hold is vital to your business. However, for some companies, especially those that sell products of volatile value, it can be hard...
