Posts Tagged ‘Inventory’
How Integrated Payment Solutions Strengthen Small Salon Operations
When you run a small salon, balancing the books can feel like juggling scissors. It’s critical, and a slip-up could be costly. Thankfully, integrated payment solutions are an exceptional wingman if you’re aiming to take on your operational efficiency woes, and win. These systems set out to cut down on paperwork, slice through transaction times…
Read MoreThings No One Tells You About Owning a Retail Store
The idea of curating your own space, connecting with customers, and being the visionary behind your brand is exciting, to say the least. However, you must acknowledge the unspoken realities of the retail world that may affect your operation. Take a behind-the-scenes look at the industry by reviewing the things no one tells you about…
Read MoreLIFO Can Still Provide Tax Savings for 2023
While inflation is not at the high levels seen in the last couple of years, if you haven’t elected LIFO previously, now is the time to look at Last-In-First-Out (LIFO) accounting. If you have inventories of machinery and equipment, glass products or any concrete or cement inventory, there could be tax savings for 2023. Whether…
Read More5 Easy Ways To Track and Manage Your Inventory
Managing inventory can be complicated sometimes. If it isn’t poor traceability of inventory, materials shortages, or an overabundance of stock, it’s probably something else causing managers headaches day in and day out. If only there were an easier way to manage inventory, streamline the process, and make it easier to track your goods/materials. Fortunately, there…
Read MoreHow to Speed Up The Checkout Process For Your Customers
One thing that’s absolutely certain when it comes to running a retail operation is that customers hate waiting in long lines. This is especially true during the Coronavirus social distancing guidelines, when people prefer not to stand too closely to one another. The checkout process should be short, simple, and efficient. If your customers have…
Read More5 Essential Tips for Effective Logistics Management
Management of logistics is an important process because if one thing goes wrong, it could lead to heavy losses. As such, firms should invest in proper management methods of their supply chains to ensure that operations run smoothly. Here are some essential tips for effective logistics management. Automation Use of manual processes is not only…
Read More3 Keys to Safe, Efficient Materials Storage and Inventory Management
Improper storage of materials had deadly consequences for one worker when an explosion rocked a construction site off U.S. 280 in Harpersville, Alabama. Christopher Anderson of Mississippi was killed when he opened a storage container containing flammable materials while installing natural gas lines. Four other workers were injured, passing vehicles and a nearby road were…
Read More5 Tips for Improving Online Materials Management
You use an online portal for your brand material ordering to simplify and unify. But how can you ensure your portal is really helping you save time and money while at the same time, keeping an eye out for brand consistency? Here are some tips: Lock in your brand specifications. Set your online portal up…
Read MoreCentralized Inventory Management is Doable!
Recently, I ordered a combination stroller and car seat from a major retailer. This retailer has storefronts, of course, but also a website from which items can be ordered. I chose to order through the website and have the item shipped directly to the recipient of my gift. Several days later, I received a call…
Read MoreInventory Management from Square One to Now
We’ve come a long long way. And I’m not talking about the evolution of technology over the last century, I’m talking about the last decade. The tech solutions that are sitting at our fingertips are nothing short of a modern marvel. From trading in your order sheets for mobile ordering platforms to automating your payroll, tech is letting…
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