Overcoming franchising hurdles with advanced inventory management solutions. Image source The concept of franchising has been with us for over a century, with successful businesses accelerating expansion by licensing their name, logo, and products to others who hope to duplicate their success using an established template. As many would-be franchisors (founders) have learned, catching lighting […]
The Unlikely Survival Story of Paper Inventory Records
A step-by-step guide to paperless inventory management Image source Electronic records and computer-based inventory management systems have been with us for over half a century, yet the paper records that preceded them continue to endure in warehouses, factories, and offices all around the world. Despite pledges to stop ‘killing trees,’ paper records for receiving, work […]
The Pros and Cons of Vendor Managed Inventory
Effective partnerships benefit retailers as well as suppliers. ©alvarez via Canva.com Inventory management can be complex, labor intensive, and costly for companies of all types and sizes. What if there was a way to minimize this burden by outsourcing inventory management to someone else? And who better to assume this responsibility than the suppliers who […]
7 Keys to Overcoming Real-Time Inventory Blind Spots
Technology and best practices give you an unobstructed view. Image source Visibility has always been one of the primary objectives of inventory management. Before computers and barcode scanners arrived on the scene half a century ago, locating items in the warehouse or pulling work orders often involved tedious searches that were frustrating for retailers and […]
5 Ways To Improve Your Wholesale Sales
Enhance Sales And Simplify Your Wholesale Operation As a wholesaler, you know how important attracting more retailers is for your business. The long term success of your operations depends on if you can acquire more retail clients and sustain the client relationships that you already have. As a business owner, you probably already understand that […]
Use These Inventory Management Tips To Save Your Business Money
5 Ways To Simplify Your Inventory Management Process Inventory management isn’t front facing, like marketing is. It isn’t glamorous. But it is absolutely critical to your company’s well-being. Even if your business has a great marketing and sales team, and you are engaging with your customers on a regular basis, you can still lose money […]