Inventory and warehousing
How to choose the right supplier for the job
Finding a reliable and trustworthy supplier for your business needs can be a time-consuming exercise. You need to know what you want from your supplier as well as weigh up different suppliers’ costs and standards of quality. Oftentimes, businesses choose…
Read more →
5 common inventory mistakes you might be making
Not paying close attention to inventory management can result in major issues for any business. Just ask Nike. In the early 2000s, this massive athletic apparel and accessories manufacturer lost $100 million in sales and saw their stock price depressed…
Read more →
Ideas for getting rid of excess or slow-moving inventory
Having excess or slow-moving inventory is never ideal. When inventory isn’t sold you lose out on potential profits, the value of stored products decrease as time goes by and you cannot bring in new inventory. No matter how smart you…
Read more →
4 ways to give your stockroom a practical makeover
A well-organised stockroom can provide many benefits for your business. Some of these include making products easier to find for quick shipment, creating optimal conditions for product preservation, increased employee productivity, and saving money. But is your stockroom as good…
Read more →
How to design functional product SKUs
It doesn’t matter if you have a handful or hundreds of products, giving each product a SKU code can help you find inventory more easily, as well as track how much inventory is in stock at any given time. What…
Read more →
Practical item and storage labelling for stock management
We have already previously discussed the basics of how to manage your stock effectively. This time we focus on how to label your items and storage space in a practical, concise and organised way so as to increase your level…
Read more →
Some tips for effective stock management
Knowing in detail how many goods you have in stock, when to replenish stock, and how much stock is needed in future is essential to fulfilling orders on time and keeping customers happy. Efficient stock management is needed to ensure…
Read more →
What to look for in a supplier
Finding a good, trustworthy supplier to do business with is invaluable. You will inevitably have to develop a long-term relationship with them so choose your partner here well. There are some qualities that a good supplier should have in order…
Read more →