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10 Must-Dos for Inventory Management

Keeping track of inventory is very vital just as much as maintaining the right things and management in businesses. While it is true that manager could simply hand down such task to their employees, it may still be a practical and wise idea to do it themselves as this would allow one to see things ...

Graduate to a Perpetual Inventory Management System

There are two types of inventory management systems: periodic system and a perpetual system. Inventory is continually updated in a perpetual system. A periodic inventory system only updates inventory when a physical inventory is conducted. A perpetual inventory system updates continuously. Physical ...

5 Inventory Management Apps for Business Owners

Bookshops, coffee shops, flower shops and a considerable measure of other small businesses need to manage their stock. Further, with some truly astounding inventory management apps for mobile phones, there is really not much of a need to go for a full-fledged inventory software unless you grow out ...

6 Tips For Effective Inventory Management

Without an effective strategy, inventory management can be a major problem in any industry. It can tie up capitol, cause sales opportunities to be missed due to out-of-stock products and create errors in the warehouse. All of these problems are avoidable if retailers have the adequate skills to dev ...

Aligning Employees With Newer Technology

In this digital age, it is very rare that companies and businesses can keep operating without employing new technologies. Print solutions are replaced by more dynamic digital solutions. Customers are made more independent with touch screen kiosks. Even employees get their share of technologies with ...

The Supply Chain Control Tower

There has been a new concept introduced in the supply chain arena – the supply chain control tower. This may just be something new but it has been said to have brought a lot of good things to the supply chain circles.The supply chain management system is responsible for gathering and collecti ... ...

5 Steps to Pain-Free Inventory Management

Inventory management is not the topic most likely to excite the small business manager but it is crucial to the successful day to day running of your company. Here are some common inventory management errors and a little guidance on how to put them right.1. Too much inventory:It’s easy to inv ... ...

One-Stop Solution to High Inventory-Costs

Inventory management is one of the most crucial aspects for an organization. On one hand, high inventory increases the carrying cost for an organization, and on the other hand, low inventory leads to poor service levels and high shortage costs. Therefore, it is extremely important for each and ever ...

Did You Do a Supply Chain Health Check?

A supply chain consists of organizations, activities, information, resources and people involved in making products from raw materials and moving a finished product or service from supplier to consumer. Since a supply chain usually has many complex components, various participants and countless pro ...

Whats new: Inventory Management

6 Tips For Effective Inventory Management

Without an effective strategy, inventory management can be a major problem in any industry. It can tie up capitol, cause sales opportunities to be missed due to out-of-stock products and create errors in the warehouse. All of these problems are avoidable if retailers have the adequate skills to dev ...

Graduate to a Perpetual Inventory Management System

There are two types of inventory management systems: periodic system and a perpetual system. Inventory is continually updated in a perpetual system. A periodic inventory system only updates inventory when a physical inventory is conducted. A perpetual inventory system updates continuously. Physical ...

10 Must-Dos for Inventory Management

Keeping track of inventory is very vital just as much as maintaining the right things and management in businesses. While it is true that manager could simply hand down such task to their employees, it may still be a practical and wise idea to do it themselves as this would allow one to see things ...

Aligning Employees With Newer Technology

In this digital age, it is very rare that companies and businesses can keep operating without employing new technologies. Print solutions are replaced by more dynamic digital solutions. Customers are made more independent with touch screen kiosks. Even employees get their share of technologies with ...

Entrepreneurship in Management

Entrepreneurship is a trait possessed by an entrepreneur. The spirit of enterprise makes a person an entrepreneur. Entrepreneur thus is an innovator, who carries out new combinations in ever-changing environments to initiate and accelerate the process of economics, social and technological developm ...

The Supply Chain Control Tower

There has been a new concept introduced in the supply chain arena – the supply chain control tower. This may just be something new but it has been said to have brought a lot of good things to the supply chain circles.The supply chain management system is responsible for gathering and collecti ... ...

Organizing in Management

Organizing is the grouping of activities necessary to attain objectives, the assignment of each grouping to a manager with authority necessary to supervise it, its provision for coordination horizontally and vertically in the enterprise structure. An organization should be designed to clarify who i ...