If you’re a business owner, then you are probably aware of how important it is to make customers pay on time. Yes, almost all of the customers do pay at some point, but how you organize and collect that money from your customers definitely counts – especially if you have a small business. The main […]
Category Archives: Inventory Management
05
Sep
Sep
Whether your business is just starting out or has been in the market for quite some time, it is important to keep a track of the key performance indicators (KPIs) as they can help ensure that you are on the right track. One of the most integral parts of managing a business is driven by […]
20
Jul
Jul
Technological innovation shapes the B2B system at pace, and customers seek to do business with companies that embrace technology. Considering the wholesale industry, wholesale distribution software eases out an inventory management system making business operations and stocking more periodic and arranged. No doubt, a successful inventory management system is the key to make any wholesale […]
31
Mar
Mar
If you’re engaged in online retail, you’ve either set up your own eСommerce site or utilize tools such as eBay and Amazon. As consumers are given more options to control their own buying experience, though, it becomes necessary to expand outside of a single marketplace. To accomplish this, you need an efficient multi-channel inventory management […]
20
Mar
Mar
Managing inventory and orders has become more complex and challenging in today’s multi-channel landscape, especially for Wholesalers growing rapidly online. Without a solid inventory management system, it becomes time-consuming and difficult to track inventory for different products across multiple fronts and channels. Carrying too much inventory ties up capital and warehouse space. Having too little inventory […]
12
Mar
Mar
You’ve launched your business and are getting orders from customers. As your customer base grows over time, you build an inventory of products to ship them as soon as possible and handle new customers. But how do you ensure that your inventory management runs like clockwork? How do you take your business to the next level? […]
05
Mar
Mar
Good businesses live and die by their cash flow. You need to know how much money is coming in and out of your company to adequately manage your growth. If you hold significant inventory at any given time, your cash is tied up in an illiquid investment. While you maintain consistent sales, this situation will […]
25
Nov
Nov
Let’s talk about the companies that outgrown the start-up phase to full grown-up now. They are expanding, cash flow is coming in and clients are lining up. As all these factors grow, the business needs to be optimized too, to suit the new needs that come up around the corner. Process Automatization in Inventory […]