When you run a store, it’s critical to keep a finger on the pulse of your business. Paying attention to metrics like inventory value can reveal a lot about the state of your company’s finances and its operational efficiency. Though knowledge is the best power, managing and counting inventory can take a lot of time. […]
Continue ReadingInventory control is a key component of restaurant management. A proper food inventory management is essential to ensure that service runs smoothly. However, if it’s not done correctly, financial results can be adversely affected. Even a small oversight in your stock management system can cause food shortages and food waste, as well as inaccurate forecasting. […]
Continue ReadingThis might not be quite as entertaining as a Buzzfeed List (21 ways you could be a Chinchilla), but inventory management is an important topic retailers should pay attention to. After all, if you have too much inventory, there’s less room (and funds!) You will be unable to provide fresh products and your customers with […]
Continue ReadingOnline clothing shops are a wonderful way to run a successful retail business that doesn’t require the overhead associated with a physical store. Unless you plan on manufacturing inventory for your online clothing shop, you’ll need to source apparel from wholesalers and other creators. We’ll show you how to do just that in this guide […]
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