8 Steps to Controlling Inventory Flow & Warehouse Efficiency

Having an optimal inventory flow and warehouse efficiency is vital for businesses to keep their supply chain efficiency.  Ensuring the dispatch of the right…

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5 Differences between Physical Count and Cycle Count Inventory

If your business is storing items in a warehouse, it is essential to conduct inventory counts on a regular basis. At the time of…

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What is Inventory Carrying Cost And How to Calculate It?

Inventory primarily occupies the current asset position in a company’s balance sheet. It is generally the most substantial portion of current assets. This stock…

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5 Inventory Valuation Methods For Accurate Analysis Of Your Inventory

Inventory valuation methods are an essential part of every business’s costing process. It helps in determining the actual cost per product and profitability. It…

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inventory metrics you need to know

11 Inventory Metrics You Need To Know For Successful Inventory Management

A company that manages its inventory successfully would be on the road to profitability. Carrying the optimum inventory is what is needed if the…

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perpetual inventory system 1

6 Main Disadvantages of Perpetual Inventory Systems

Online software systems which help us in business are well and good. They ensure streamlining many essential aspects of the company, from accounts, management,…

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prevention of inventory theft

7 Effective Ways To Prevent Inventory Theft

Theft is a universal phenomenon that we need to live with. As long as humans tread this Earth we would have the incidence of…

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track inventory

3 Reasons Why Inventory Tracking is Important for Your Business

Inventory tracking is something that’s confusing to many new entrepreneurs. Many of the people I’ve talked to that have home-based businesses which deal with inventory do not…

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Why Small Businesses Should Adopt Barcode Inventory System?

A barcode helps to eliminate human error. It is beneficial, especially in the business industry and is fast and reliable. When you are in…

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inventory shrinkage

What Is Inventory Shrinkage, And 7 Ways To Reduce Inventory Shrinkage

It is imperative that proper procedures are adopted to maintain flawless inventory. Such a situation is better said than done especially in a retail…

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home inventory apps review

The 8 Best Home Inventory Apps Of 2019 (Android & iOS)

It is a human trait to buy on impulse and bring home what you have purchased in the store. You would be storing them…

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home inventory software

7 Best Home Inventory Software Of 2019

You could be an alien in your own home. That is if you are unaware where that all-important hammer is lying inconspicuously and you…

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