Inventory Management Blog for SMBs

Inventory management software is an important aspect of all kinds of businesses. Their primary role is to assist in the efficient handling of inventory to prevent overstocking or stockouts,...

For any company to operate optimally, it is important to have an accurate valuation of its inventory. Inventory valuation has the potential to impact numerous business aspects such as...

Growing up in the 1990s, you might have heard the term “Six Sigma” at the dinner table or in the news. It is not the name of an elite...

Direct materials cost is the cost of direct material associated with a production unit. Direct material is also referred to as productive material. Direct material cost fluctuates a lot...

Wholesale forums are a great way for buyers and sellers to interact, without any intervention from unwanted parties. These forums mean strict business and nothing else. It makes the...

As a customer, I’m sure you dread seeing “shipping & handling fees” in a commercial invoice. Shipping fees can be calculated with certainty but what about handling fees? What...

When you’re a wholesaler and distributor of physical goods, you might notice a seasonal effect on the sale of your goods throughout the year. Depending on what you’re selling,...

Introduction Online sellers/merchants often work alone, particularly when starting out. Forums are perfect places to connect with like the minded. You can ask for help and provide help to...

The report from Research and Markets forecasts that the wholesale market size will reach $68,092.65 billion by 2028, growing at a compound annual growth rate (CAGR) of 6.5%. That...

A bill of materials is critical for brick-and-mortar manufacturers. The production of physical products is still one area of business that’s relatively untouched by the march to digitalization and...