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,…
Master Your Inventory Cycle Count by Practicing These 7 Steps
Every business owner should know that when inventory is under control and well-managed, things are going smoothly. Whether a business is a startup, a small or medium organization or a large conglomerate, inventory should be a top priority. No matter how you run your business, you can’t get around the importance of proper inventory management and maintenance. One…
Generating an Inventory Asset Valuation Report
It’s never too early to start thinking about tax season. The sooner you get ahead of your inventory accounting processes, the easier your month-end, quarter-end and year-end accounting becomes. We’ve been fielding many questions on inventory asset valuation reports and why this information is so valuable. Let’s answer some of them and show you how to generate an…
Push vs. Pull System Inventory Management
Running a business can feel like a balancing act between making a profit and satisfying customers. An effective inventory management system can help you do both. First, you’ll need to figure out what an effective system looks like for your business. Most inventory management systems occur in one of two ways — a push system or a pull system.…
13 Expert eBay Inventory Management Tips
As an e-commerce retailer, you must sell on various online marketplaces to meet your audience wherever they shop. With this in mind, eBay is an important sales channel for any business. With 185 million active buyers,eBay is the perfect place to find new customersand sell to return customers. Of course, simply listing your products with this…
What Is Lot Number Tracking Software?
Modern inventory tracking technology allows businesses to monitor many types of information, including lot numbers. Lot numbers refer to groups of products to help you determine an item’s source. Lot ID tracking software like Finale Inventory enables you to manage lot numbers to increase your company’s efficiency. Learn more about lot numbers and how you can…
How Inventory Management for Small Business Is Going Digital
When you run a small business, proper inventory management should be at the forefront of your mind. Though it seems small in the scheme of your broader business plan, without adequate stock management, you really don’t have a working business. Besides managing your inventory, you also have to think about how to improve the process.…
How the Logistics Industry Prepares for the Holiday Season
For years, the winter holiday season, which stretches from Thanksgiving to the end of the year, has been the busiest time of year for retailers, warehouses and shippers. Increased demand for products means that stores and fulfillment centers need to ensure enough stock to successfully fulfill orders. Increased demand for shipping means that companies need…
Barcode Batch and Serial Number Scanners
If you operate a business in which you are buying and reselling items with serial numbers or lot numbers, you may have looked into barcode scanning as a method of recording shipments or stock takes more efficiently and with less chance of human error. If you searched on the internet for “barcode scanners for serial numbers,” you…
What Is Cycle Counting?
If your business has vast numbers of products flowing in and out of your warehouses, that’s often an excellent sign. It means you’re running a flourishing business — and it also means you need practical tools to inform yourself about what inventory you have and how it fluctuates over time. Cycle counting offers an attractive…
5 Ways to Reduce Inventory Costs
You have two main options if you want to boost your company’s bottom line. You can increase your earnings, or you can reduce your costs. In some cases, doing both can be the best option. If you want to reduce costs, one place to look is at your inventory. The products your company sells allow…
5 Tips to Save Warehouse Energy Costs
Commercial businesses — including warehouses — accounted for 12% of the United State’s total energy consumption in 2019, consuming 9.4 quadrillion Btu. Non-refrigerated warehouses consume an average of 6.1 kilowatt-hours of electricity per square foot each year. All this energy consumption adds up, cutting into a warehouse’s bottom line. As a warehouse or logistics manager, you must balance…
5 Ways to Create an Efficient Logistics Team
Your company depends on efficient logistics to keep things moving. Logistics control the movement of resources from one location to another. Who works where and when is part of logistics, as is how products get from point A to point B. The more smoothly your company’s logistics plan operates, the more smoothly your business will…
How to Get Around High Amazon Fulfillment Costs
When you operate a small e-commerce company, getting your product on Amazon can feel like a victory. Selling on Amazon gives you access to the site’s millions of customers, potentially putting your product in front of a wider audience than you can reach on your own. The online retail giant goes a step further, offering…
How to Audit Warehouse Inventory
How does your warehouse operate? From inventory arrivals and departures to staff who need to stay safe and protected on the job, a warehouse or logistics manager has many moving parts to track. A warehouse audit lets you identify areas to improve, helps you see what you’re doing right, and alerts you to any inventory…
What Is the Difference Between Dynamic Storage and Static Storage?
When you manage one or more warehouses, you need to know what products you have in storage and where those products are in the warehouse itself. How you choose to organize your warehouse largely depends on what you do with your inventory. If you regularly ship goods from the facility, you’ll want a storage system…
Inventory Management Systems for Mobile Shops
Mobile shops are becoming more and more popular, and with an expanding client base comes a need for a more advanced inventory management system. Mobile inventory management software can be an ideal solution. Why mobile inventory management? This guide provides some tips and tricks for mobile marketing and inventory management, explains the benefits of mobile…
Demand Planning With Inventory Management
If you aren’t sure how much product your store or warehouse needs, it’s time to incorporate demand planning into your business. Demand planning is the first step in supply chain management. It’s a process in which a team determines how much product needs to be ordered for a business’s future. Demand planning is crucial to…
How to Use Freebies to Address Stock Challenges
When you have leftover products, you may wonder how to sell them. Selling excess inventory can be difficult because a large stock often means the demand for your product was lower than anticipated. There are ways to get rid of those extra products, though — two solutions are promotion and freebies. How Retailers Approach Stock…