Understanding ABC Analysis for Better Inventory Management

Learn the essentials of effective inventory categorization with ABC inventory analysis and its impact on your business strategy.

Ease into Excellence: Onboarding with Finale Inventory

Change can be daunting. The thought of integrating a new system or tool into your current process can often feel like preparing to climb a mountain – strenuous and time-consuming. But what if we told you that with Finale, it’s more like a stroll in the park?…because that’s our goal, and we’ve been told it’s…

Mastering Financials in Ecommerce: Control QuickBooks Online With Classes

Are you struggling to keep track of your business finances? You’re not alone. Many sellers excel in providing top-notch products and services but find financial management, especially detailed accounting, daunting. That’s where QuickBooks Online class tracking in Finale comes into play. This blog will explore how class tracking can simplify financial management for ecommerce businesses…

ShipStation vs. Finale: Barcoding Software Face-Off

Barcoding solutions are vital tools for businesses to streamline their operations, minimize errors, and ensure inventory accuracy. With a myriad of software options available, it can be overwhelming to choose the right one. Today, we present a side-by-side comparison between two leading barcode management tools: ShipStation and Finale Inventory. 1. Hardware Compatibility Both ShipStation and…

Finale Inventory vs. SkuVault: A Comprehensive IMS Comparison Tailored for SMBs

Efficient inventory management is pivotal to the success of your ecommerce business, and choosing the wrong one can have long-lasting impacts that can set your business back financially and competitively. For ecommerce sellers, two inventory management software front-runners are Finale Inventory and SkuVault, as both offer a range of tools to optimize inventory control, order…

Demand Planning for Q4: A Comprehensive Inventory Guide

Quarter 4: a season synonymous with festivities, family reunions, and fervent shopping. For businesses, it means meticulous planning to get ahead of Q4 in order to navigate the whirlwind of sales, promotions, and elevated customer expectations. Let’s explore the intricacies of Q4 inventory demand planning, and we’ll talk over some action ideas for sellers to…

Navigating the Tightrope: Overselling in eCommerce and How to Avoid the Pitfalls

In the dynamic world of ecommerce, overselling is a term that’s no stranger to industry experts but is feared even among the most experienced of sellers. Overselling can send your business spiraling into a vortex of customer dissatisfaction and lost opportunities. Finale Inventory is here to provide strategies to avoid overselling, helping you understand its…

A Decade of Partnership Success: Celebrating 10 Years with ShipStation

At Finale Inventory, we understand the intricacies of ecommerce. Twelve years ago, we set sail on our journey to streamline inventory and warehouse management. We joined forces with an equally ambitious partner, ShipStation, a few years later, whose mission was to simplify the complexities of online shipping. This marked the beginning of a partnership that…

Introducing Finale Inventory’s 3PL Client Portal

Finale’s new 3PL Client Portal feature is just what you need to fulfill a variety of products for your eCommerce clients. Add our new Client Portal feature to your existing account and start saving time and improving your level of client service today.

Finale Inventory is the Perfect QuickBooks Commerce Alternative

If you’re one of the many businesses affected by the August 31, 2023 sunsetting of QuickBooks Commerce, which was initially TradeGecko but renamed after it was acquired in 2020, don’t worry – there’s a reliable alternative. Finale Inventory is an intuitive and cost-effective inventory management software that provides advanced inventory management features, robust reporting capabilities,…

Why Cloud-Based Inventory Management Software is the Key to Your Business Success

Imagine this: You’re a small business owner juggling multiple responsibilities, from managing orders to keeping track of inventory levels. It’s a hectic day at your store, and you’re trying to keep everything organized, but it’s becoming overwhelming. You reach for your trusty clipboard and realize you’ve misplaced it. Panic sets in as you frantically search…

What Is a Markup?

In 2021, U.S. companies had their most profitable year since the 1950s, and much of that is a result of increasing markup averages across and within industries. The average markup percentage that same year was 72% above marginal cost. Rising markups aren’t a new phenomenon. Research shows about a 25% increase overall between 2006 and 2019. Knowing what percentage to mark…

Is Inventory Considered a Current Asset?

Whether your business deals in raw materials, components and parts or finished products, your inventory is an essential source of potential revenue. It represents a significant investment and is part of your total current assets. Learn more about what current assets are and the best way to calculate and use your current assets. What Is…

9 Signs You’ve Outgrown Your Current Inventory Management Software

When you are trying to run a business efficiently, a lack of helpful tools or outdated tools can make work stressful. While inventory and stock are not the most glamorous areas to manage, they are necessary to your business’s success.  That’s why every business needs an efficient inventory management system, whether upgrading an existing system…

A Guide to Inventory Accuracy

It’s important to keep track of stock to inform customers about which of your products are available and which aren’t. An accurate inventory also lets you plan around future shortages and demands. By keeping track of your production stock and raw materials, you can account for existing products and know when you need to make…

The Complete Guide to Understanding SKU Rationalization

Stock-keeping units, or SKUs, are crucial tools for inventory management. They provide identification for your products and help businesses keep track of available inventory. You can also use them to track sales trends, optimize future items and improve the customer experience at your stores. However, managing the number of SKUs in your inventory is important.…

Everything You Need to Know About the Bullwhip Effect

Businesses use the supply chain to order and distribute goods to consumers. Supply chain layers work together to create and distribute products across the globe. However, disturbances in this chain can disrupt access to goods and other business functions. In the phenomenon known as the bullwhip effect, retailers make larger orders in response to sudden…

What Is a SKU?

Retailers and manufacturers use a variety of identification methods during inventory management. These codes help you organize products and maintain inventory accuracy, which is crucial for business success. One example is a SKU. Inventory professionals use these frequently for various inventory operations. But what does SKU stand for, and how are they used in inventory…

Storing Products 101: Tips for Protecting Your Inventory

Your inventory is the life of your business. Finding a way to ensure your items are safe and protected, whether they’re in your warehouse or another storage facility, will give you peace of mind and keep your business running smoothly. This guide will take you through factors you should consider to ensure your products’ safety,…

Perpetual Inventory vs. Physical Inventory: What Are the Major Differences?

Perpetual inventory systems and physical inventory systems attempt to keep businesses organized and provide them with data that can help them make accurate decisions and know the correct amount of available inventory. However, these different types of inventory systems achieve these goals through different means. What Is Perpetual Inventory? Perpetual inventory systems are methods of inventory…