Warehouse managers can expect to face a number of difficult challenges in 2023 due to continued pandemic disruption, labor shortages, and rising inflation. However, we can expect new technologies to emerge that could help address these problems. Smart technology systems will play an increasingly important...

Doing inventory count can be a very stressful and tedious task. Counting store merchandise can take up a lot of time for some businesses and might require closing store for the time being. However, even if it is something that you do not want to do, you still have to do it. You have to check your inventory...

Most of the time, consumers use UPC and SKU interchangeably. However, for those who are managing the inventory, it is important to determine the difference between the two. The Difference between SKU and UPC Code SKUs or stock keeping units are inventory codes that are unique to a certain organization....

Companies usually do an annual inventory but most of the time, this is being overlooked. There are multiple factors that can hinder a company's annual inventory plan. Usually, lack of manpower and time are the common reasons why a planned inventory does not push through. Other factors include not having...

One of the most important things in supply chain planning in retail or other businesses is being able to efficiently order and sell stock in stores and online. The communication between the systems in a brick and mortar building and a website are critical to maximizing efficiency and profit. With the...

Important things in supply chain planning in retail or other businesses are being able to efficiently order and sell stock in stores and online. The communication between the systems in a brick and mortar building and a website are critical to maximizing efficiency and profit.   With the clear...

Keeping track of the inventory in a retail store can be difficult, but with the right processes and technology this becomes much more manageable. No business owner wants too much stock that will lead to inevitable markdowns that hurt profit margins in the same way that not having enough will lead to...

Each year, companies go through changes upon changes as the months go by. They adjust as demands fluctuate, and over time, they see the patterns and prepare for what trends they know are coming. Of course, these apply to many types of companies, but especially those that deal with an inventory. The...

For some businesses and companies, they have figured out the keys to help their businesses with quality inventory management software and tools. They have ditched practices that made the work inefficient and unproductive. If you are finding that it is time to move beyond the sheets, here are some easy...

Inventory management is important for businesses. It streamlines supply chain processes, assures a sense of accuracy, and affects overall growth and success. However, many businesses are hurting inventory management processes by making simple mistakes that increase cost, decrease efficiency, and more....

As an inventory services company, we are acutely aware of how technology has changed inventory management in the 46 years we’ve been in business. And we know how hard it is for retailers to keep up in order to stay competitive.  The latest buzz in inventory management is about how automation...

Have you invested in inventory management technology for your retail business this year? If you’re still dragging your feet on the benefits of how inventory management technology and services can help keep your business running smoothly, you may regret your indecision now that the end-of-year holiday...

In this new world of online shopping, what should the competitive strategy be for smaller retailers to survive?  If you run a retail business perhaps you should make the old saying, “If you can’t beat them, join them,” be your mantra, because there’s something to be said...

How do you know if the inventory management strategy you have in place for your retail business is in control? How can you tell if it’s working effectively? If you’re struggling to balance the ebb and flow of items you stock, it’s time to reassess how your inventory system is affecting...

Will this holiday season be a good one for retailers? Well, if the National Retail Federation is right with its forecasting data, retailers should expect to see an increase in sales between 3.6 and 4 percent over 2016. “Our forecast reflects the very realistic steady momentum of the economy and...