Sep 26, 2016 | Inventory, Uncategorized
Is inventory replenishment giving you a hard time? You’re not the only one. Balancing customer demand with optimal stock levels while avoiding excess inventory has been a constant challenge for inventory managers and business owners throughout history. But things have...Aug 24, 2016 | Business Intelligence, Uncategorized
If you plan to open a new location in the future, calculating accurate inventory levels is important. It will help ensure your new store is well stocked, as well as give you a better estimate of your overall costs. Since you have to consider several different factors,...Aug 8, 2016 | Inventory Control, Uncategorized
Every business, however small, is exposed to inventory control risks. Like most companies, your business has probably invested a considerable amount of money in inventory. That investment, as well as your ability to fulfill orders and meet customer expectations,...Jun 15, 2016 | eCommerce, Uncategorized
Overstock has many causes, including inaccurate inventory counts, bad item tracking, shifting customer behavior, seasonal variations in demand, inflexible suppliers, or bad sales forecasts. Using different inventory reduction strategies is one of the best ways to deal...