Apr 19, 2017 | Inventory Control
A fragmented inventory can be scattered across multiple locations, warehouses, and suppliers’ drop-shipping facilities. It resists efforts at centralization for the simple reason that it’s economically viable to leave it where it is. Because the distance...Aug 22, 2016 | Inventory, Uncategorized
Although counting year-end inventory isn’t anyone’s idea of fun, it’s something that every store has to do. End of year inventory is necessary for tax purposes, to prepare an accurate profit and loss statement, as well as to inform inventory practices for the new...Jul 18, 2016 | Inventory Control, Uncategorized
Keeping multiple warehouses well-stocked while avoiding the pitfalls of overstock continues to be an issue for businesses large and small. The traditional solution is to increase warehouse staffing, but that usually entails a significant increase in warehousing costs,...