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....

An inventory management system is used to track the flow of products in and out of a business. Your company can incorporate one primary inventory management system or utilize a combination of techniques, whichever best meets your business’s needs. Your inventory management strategies will allow...

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...

Businesses that deal with inventory frequently run into issues that they must to solve in order to maximize profits. That includes finding the right management technology, dealing with seasonal items, and more. But one thing that many retail and wholesale businesses have to deal with is insufficient...

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...

An effective inventory management system enables businesses to carefully and efficiently manage their stock and inventory items by using the right tools to keep track of their assets and measure their productivity. Inventory management providers such as Blue Chip Inventory Services have played a crucial...

A well-run warehouse or manufacturing facility should follow different analytical and inventory procedures that will enable the company to assess the efficiency of their inventory methods while, at the same time, verifying if the actual count of their assets matches their financial records. Going through...

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...