Inventory Reports | Inventory Management Tips for Small Business

The Periodic Inventory System is an inventory management tool where a physical count of available inventory is conducted on a periodic/scheduled basis.  It allows businesses to account for their...

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...

Whether you run a multinational or a micro-enterprise, you agree with me that a healthy inventory is a crucial ingredient of business success. Management of costs, sales, or even...

One of the crucial elements of running any business is how effectively one can monitor its inventory. Over the years, numerous tools and ratios have come up to assist...

With multiple ways of labeling inventory within the business, it can be arduous to pick a solution that will work perfectly. Between SKU and UPC, there will be different...

There are different ways for retailers to get and sell their inventory. The most common being where a retailer purchases their inventory and stocks it in their warehouse for...

Within the global supply chain, vendor managed inventory (VMI) is becoming an essential service. Most people demand the movement of goods to be quick. That is why most retailers...

One of the most critical activities when closing a financial year is calculating the ending inventory. It is every business man’s responsibility to know how much is left at...

Many apps ago — a time where we could only dream of a mobile Internet and where phones were used strictly for phone calls, SMS and the occasional Snake...

You Might Be Committing These Mistakes Today! As an owner of a wholesale or distribution business, you’re doing everything possible to maintain your razor thin margins but — surprise,...