Excess & obsolete stocks tie up your capital. They also occupy your valuable space. Follow these 5 simple actionable steps, and you'll be on your way to making more money. As well as increasing profits, and getting rid of the dreaded excess inventory. Start working smarter not harder with these simple steps: Free up Your Space & Money With Effective Forecasting The major reason for accumulation of excess stocks stems from the Holiday season sale. Retailers in order not … [Read more...] about 5 Simple Steps to Unlock More Value while Reducing your Excess & Obsolete Stock
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The Inventory Miracle: How John Switched Off his Phone, Went on a Vacation, and Earned 3x Times More During Holiday Season
This is John. John owns a clothing business which we are labeling ‘Shirts’. They have an online store which sells multi-brand shirts for both men and women. They also sell on various other sales channels like Amazon and Sears. Last Christmas, John decided to switch off his phone and go to the Bahamas for a vacation. How did he do this with out going completely crazy? He followed a few easy steps, booked his ticket and went to the Bahamas. When he came back, John had made three times more … [Read more...] about The Inventory Miracle: How John Switched Off his Phone, Went on a Vacation, and Earned 3x Times More During Holiday Season
Six Revolutionary Steps
Six revolutionary steps to an inventory system that manages itself Imagine the world where everything was automated. You didn’t have to worry about stock-outs, excess stock, or finding an item in your warehouse. You didn’t have to sweat every time a shipment arrived, wondering where it would go. You could actually take week-long or even month-long vacations without worrying about your business. Count and sort Count what you have and organize it in your warehouse. Getting hold of … [Read more...] about Six Revolutionary Steps
3 Quick Reasons Why We Use a Mobile Inventory (And Maybe You Should Too)
That’s right. You can palm read your Inventory. Mobile technologies and mobile user interface are gaining more ground. To capture data on Inventory. In Real time. When Your Inventory is Mobile So Are You As a business grows, complexity creeps in. It is difficult to keep track of your ever increasing inventory. You wish if you had accurate real time Inventory. Right now. Anywhere. What is the best way to do this? Get an inventory system that is as mobile as you … [Read more...] about 3 Quick Reasons Why We Use a Mobile Inventory (And Maybe You Should Too)
4 Secrets that will take Inventory Control Pain Out of Your Business
The terms "Inventory Management" and “Inventory Control” are the two sides of the same coin. But, there is a thin difference between them. Inventory management is about getting the right thing from the right place at the right time. The thing is a product, a component or an assembly stored in the warehouse. Inventory control on other hand is a practical side of the inventory management and focusses on the time and cost. An inefficient inventory control mechanism will waste all … [Read more...] about 4 Secrets that will take Inventory Control Pain Out of Your Business
