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...

Guess what’s coming sooner than you think? The holiday season, which is, of course, the most important time of year for retailers. If you want to gain profits in December, then September is the perfect time to get prepared. Early fall can be a relatively “quiet” time for retailers...

Running a profitable small retail business these days is not easy, thanks to e-commerce giants like Amazon, which have significantly raised the bar for attracting customers. Even so, there is one specific thing small retailers can still do to counter this cultural shift in shopping behavior and that...

If you walked into a store for the first time and you saw unorganized shelves of merchandise, maybe even boxes of stuff cluttering the aisles, what would be your first impression? Perhaps you’d think, “Wow, this place has so much stuff. Sales must not be so great.” Or, “Wow,...

If you run a retail business, you know how important it is to keep tight control of inventory. But have you hit on the best way to get the job done?  One strategy is to train employees to count inventory on a regular basis. Certainly, doing the job in-house seems like a cost-effective way to go....

Inventory management is key to running a successful retail business so it makes good business sense to use an outside professional inventory management service to keep things in check for you on a regular basis. But what’s your strategy for maintaining tight day-to-day inventory control? Who’s...