The needs of manufacturing companies Small to mid size manufacturing companies have a lot to keep track of when it comes to inventory. Unlike the retail environment, where the company simply orders goods that are already made, manufacturing companies have to make those goods from scratch. This creates additional layers of inventory management, making the […]Continue reading
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Inventory loss (also known as inventory shrinkage or shrink) is a big problem for any business that carries physical goods. Without controls and monitors in place there is no way to trace the root causes that created the shrinkage in your business. It is estimated that companies lose 6% of their total annual revenue due […]Continue reading
If you’re just getting started to manage your inventory, you might be overwhelmed with all the different techniques and practices in place today. In this article, we’ll look at a few inventory management techniques and best practices and make sense of them.Continue reading
Some of the most time consuming choices a small business makes revolve around the software and tools they use. The heftier the price tag, the lengthier the debate about whether the tool is really worth it in time-savings, efficiency, and in some cases, the return on investment. In this post, we’re going to look at […]Continue reading
Order forms are a fundamental requirement for your business in two major ways. Firstly, you will need an order form for purchasing your raw materials or stock in. Secondly, your customers will need an order form to buy products from you.Continue reading