Inventory Management

Running a business is all about strategy. And for retailers, your stock control strategy is one of the most important ones to have....

Excess inventory is a major concern for just about every retailer, and for good reason: it ties up cash and drives up storage costs. These...

As a retailer, your inventory is the heart of your business. When your stock is stagnant, business is stagnant—but when you’re...

Cycle stock, the portion of your stock set aside specifically to meet regular demand during a defined period, is a key part of managing...

Ending inventory is more than just the value of unsold goods sitting in your stockroom at the end of an accounting period; it’s a...

Safety stock acts as a buffer against the unexpected. Whether it’s a surge in demand, supply chain delays or forecasting errors,...

As costs rise and markets fluctuate, retailers need to employ smart strategies to help protect their bottom line. One approach? The...

Inventory prices aren’t static, and their value can change depending on several factors in the market. When inventory values go down,...

Inventory visibility is at the heart of running a smooth retail operation. It shows you exactly where your stock is, how much you have...

First in first out (FIFO) is one of the most practical inventory methods for businesses managing stock across multiple locations. As...

As a retailer your business will live or die based on how well you manage your inventory.  This is particularly true for growing...

Managing inventory across multiple locations isn’t easy—and it directly affects your bottom line. When warehouse operations aren’t...

Managing a retail warehouse is no small task. Challenges like maintaining accurate inventory levels, optimizing storage and ensuring...

Having great products is a must for retail, but they won’t reach their full potential if your warehouse and inventory management...

Vendors are the backbone of the retail industry. They provide the products and services businesses rely on—everything from inventory...

Consignment inventory is a supply chain model that enables retailers and suppliers to build flexible, mutually beneficial partnerships....

Efficient inventory management is the backbone of any successful retail operation. It ensures products are available when customers...

Mastering restaurant supply chain management may not be the sexiest part of learning how to run a restaurant, but it’s one of the...

While some of the events that lead to supply chain disruptions and throw businesses for a loop are unpredictable, others follow clear...

Multichannel inventory managementrefers to the oversight of stock across various sales platforms, such as online marketplaces, physical...

Think you’re running a tight ship? Think again. Every retailer, no matter how seasoned, faces the silent threat of inventory shrinkage....