Posts Tagged ‘Inventory’
Centralized 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…
Read MoreKey Techniques to Prevent Inventory Loss and Shrinkage: Part 2
In Part 1 of our series, we discussed the first three of seven ways to protect your inventory from theft. In this second part, we look at four more techniques that you can implement in your physical store or warehouse, in order to cut down on inventory loss caused by theft or shrinkage. 4. Implement…
Read MoreKey Techniques to Prevent Inventory Loss and Shrinkage: Part 1
Retail shrinkage can occur at any time following the delivery of goods and prior to those goods being sold. Some of the most common causes of loss include shoplifting, employee theft, and fraud by employees, suppliers, and credit card thieves. Whether you own a small shop, a warehouse that holds stock for clients, or a…
Read More6 Reasons You Might Want to Get a Business Loan
The mythical American should be able to start a business purely through a combination of working hard, having the right attitude, and pulling up their bootstraps. Chances are, however, real-world business owners are going to need outside help at some point. One such way to get help (without giving up control of your business to…
Read MoreDon’t Make These 5 Common Inventory Mistakes
Believe it or not, inventory management is one of the most important things in the creation of your product. It is the movement of the inventory from raw materials to finished goods and from items to products that creates the flow of money. But, what if you weren’t managing your inventories well? Here are the…
Read MoreBusiness Assets: How to Safeguard Your Livelihood
While other aspects of a business are important, much of a company’s values rests in its assets. If you want your business to survive now and in the future, you need to do what you can to protect those assets. Having a few ways to protect your business assets and insure your livelihood is always…
Read MoreWhen It’s Time to Expand Your Business
If your company has seen consistent success for years, and the space you have just isn’t cutting it for all the customers lining up at your door, it may be time to expand your business. Perhaps it is time to take over an adjoining space or possibly open up an entirely new location or factory.…
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