Blog Home
Inventory Management
Product News
Warehouse Management
Tips
Replenishment Strategies for FBA: Avoid Amazon’s Low Inventory Fees
Selling on Amazon is a whole new world beyond selling on your webstore. There’s a lot involved in sustaining continuous sales on Amazon beyond just having products listed on the world’s largest marketplace. To set your Amazon business up for success, one of the main areas to focus on is inventory: the flow, the costs,…
5 Reasons Why You Need an Order Management System
An order management system can shape the way you run your business, increasing your productivity and morale amongst your employees — and so much more. Here’s more on why you should consider making the investment and the benefits of order management systems. What Is Order Management? Order management is the process of integrating orders from…
Guide to Centralized Inventory Management: Is It Right for Your Business?
Inventory management can take many forms, but the two broad categories are centralized and decentralized. Centralized inventory management offers a way for businesses to address stocking, order fulfillment and more through a simple network. A centralized inventory system can be a great fit for many business types. Learn about the characteristics of this inventory style…
How Inventory Alerts Improve Efficiency and Performance
Inventory alerts are an essential component of effective inventory management. Low stock alerts can be the difference between whether your business fulfills an order. Mismanaged inventory can lead to issues like inconsistent stock levels, fulfillment delays or miscommunication between warehouses. Protecting your company from poor inventory management is crucial, especially for businesses with a multichannel…
What Is a Stock Transfer, and How Do You Do It Efficiently
If you’re interested in growing your e-commerce or small business, you may want to know more about stock transfers in inventory management. Stock transfers can quickly become complex, especially following an expansion, a move to a new location or the addition of a new storage facility. Let’s look at what a stock transfer is, the…
Leveraging Reorder Points to Maintain Stock Levels
Best Practices: Leveraging Reorder Points to Maintain Stock Levels It doesn’t matter if you’re a small start-up e-commerce business or a multi-warehouse giant, leveraging reorder points to maintain stock levels will have a positive effect on your day-to-day operations and help ensure that you capture every sale you can. Even before my previous e-commerce business was mature enough to justify an inventory…
Who Should Use ShipStation? A ShipStation Guide
As e-commerce businesses scale their operations, they need an order management tool that can keep up with growth while delivering on-target order tracking and reports. ShipStation is a popular solution that streamlines order fulfillment and stock management. The software gives businesses of all sizes the benefits of automating order processing and streamlining inventory supervision. With Finale…
The Benefits of QR Codes for Your Business
Quick Response codes, or QR codes, have increasingly grown in popularity and usage over the past decade, especially with the increase of social distancing due to the COVID-19 pandemic. In past years, you might have occasionally seen a QR code that led to an app download or social media account. But over the past several…
Soft vs Hard Inventory Allocation
Gaining control over your company’s inventory allows you to meet customer demand and minimize supply chain challenges. The key to inventory control is inventory allocation, which is the process of tracking inventory across your network. Your network might include warehouses, distribution centers and brick-and-mortar stores. With the correct allocation of stock, you can avoid stockouts…
5 Reasons Small Businesses Should Have an Inventory Management System
If your small business sells products, an inventory or stock management system is necessary. With an inventory management system in place, you know how much of an item you have on hand, when you need to order more and whether you’re ordering the correct amounts or not. While older methods of managing inventory typically involved keeping track…
What Is Inventory Shrinkage?
As a business, your primary goal should be to serve your customers well, which you can accomplish through staying organized and accurately managing your inventory. If you find your company experiencing inventory shrinkage, take the time to reevaluate your company practices. By remaining aware of your options, you can formulate a plan to prevent future…
What Is Store Inventory Control
From the beginning to the end of all retail operations, keeping track of your store’s inventory is crucial to maintaining efficiency throughout the rest of your business operations. Luckily, in today’s digitized world, inventory control systems make managing your store’s products easier than ever. Store inventory software can help your business thrive by introducing you…
How to Sell Consumer Electronics Online
If you have consumer electronics to sell, you need to know a few points about the industry to be as successful as possible. The first is the high competition in the consumer electronics industry. Consider all of the companies that have major shares in the electronic industry. Apple and Samsung are perfect examples, selling a…
Why Sales Velocity Is Crucial to the E-Commerce Industry
Sales velocity — a measurement of revenue speed and volume — is a valuable measurement for your e-commerce business. From indicating your business’ health to helping you calculate your reordering points, sales velocity in the e-commerce industry can measure your status and show you how to improve. But how do you calculate it, and how can…
10 Inventory Management Best Practices for the Food and Beverage Industry
The secret for how to stay ahead of competitors is not always flashy advertisements or new products. Simple operational procedures, such as good inventory control, can help you to improve your order management, avoid lost goods, reduce downtime and improve efficiency in pulling food or drinks from the shelves. Whether you own a restaurant or…
The Future of Consumer Electronic Sales Within the E-Commerce Industry
We live in an increasingly connected world. With the internet reaching more homes and devices than ever before, people are continually looking for the latest and greatest technology to keep up with work, school and personal life. The e-commerce industry is in a prime position to capitalize on the growth of online shopping, particularly in…
9 Most Effective Inventory Management Techniques
Inventory management helps you balance your level of stock to ensure you have enough materials to meet demand without having costly excess goods. By properly managing your inventory, you can ensure your stock levels are accurate, evaluate product performance, provide a better customer experience and save your company money. You can manage inventory across five stages,…
Square Inventory Management: How to Gain Visibility and Prevent Overselling for Offline and Online Sales
Successful business owners know that inventory is one of the most important aspects of their business. When inventory management is done well, it can make all the difference between a thriving and a failing business. Inventory is important because it is what customers will interact with most. Product listings should reflect when products are in stock and available. As long as you enter the…
How to Calculate Safety Stock: A Step-by-Step Guide
What Is Safety Stock? Why Your Business Needs Safety Stock How to Calculate Safety Stock Calculate Safety Stock Using Standard Deviation Safety Stock Formula Using Standard Deviation Risks Related to Safety Stock Learn More About Using Safety Stock With Finale Inventory One of the first things to know about running a business is that your inventory…