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Just-in-Time Inventory

Just-in-Time Inventory: What It Is and How to Manage It

By Finale Inventory / September 15, 2021

Just-in-Time Inventory: What It Is and How to Manage It Are you searching for ways to reduce your e-commerce inventory level and…

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Five Key Features for Fireworks Inventory Management

What is fireworks software? This sophisticated tool is a technological solution that contains the features you need to manage your pyrotechnics inventory most effectively. Fireworks inventory software should have these five important features if you are running a fireworks business. Regulatory compliance Date/shift code – lot ID or batch ID support Integrations with other business…

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Guide to Minimizing Inventory Overstocks and Understocks

Guide to Minimizing Inventory Overstocks and Understocks

Knowing how much of a product you need to have stocked might seem like a skill that only the most successful companies know intuitively, but it’s a skill you can learn. As you figure out how to prevent inventory understocks and overstocks, you should follow a few guidelines and employ technology to fine-tune your inventory…

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Knitting can Improve Customer Satisfaction and Cut Some Costs

Kitting Can Improve Customer Satisfaction and Cut Some Costs

For companies that sell multiple products, kitting can be one of the best additions to your sales efforts. With kitting in place, you can move more products off of the shelves and into customers’ hands, increasing the volume of your sales and positively impacting your bottom line. What Is Kitting? Kitting is when different items…

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Expanding eCommerce Business Internationally

If you run an eCommerce business, you may feel that you can easily expand into the global market. But if you translate your website to a local language, there are different challenges you must overcome when expanding eCommerce business internationally. However, there are a variety of tools and strategies that can make the process successful….

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Selling CBD Online: A Quick Guide

The hemp compound CBD receives a lot of attention in today’s market. CBD oil and other wellness products containing CBD have rising popularity in consumers looking for natural health remedies. If you want to tap into this emerging market, you need to do your research. This guide will give you an overview of the online…

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How-Serial-Number-Inventory-Tracking-Is-Beneficial-for-Your-Business

How Serial Number Inventory Tracking Is Beneficial for Your Business

Regardless of the process, every manufacturer, supplier, wholesaler, retailer and business needs a way to keep their inventory in check. Without a well-defined system, any business will suffer confusion, delays and errors during daily operations. Serial numbers provide an excellent method for organization. In conjunction with inventory tracking software, your company has the opportunity to set…

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A man working in a warehouse to avoid inventory errors.

Controlling Warehouse Inventory Errors

Inventory management requires careful error control. While we have more ways to control warehouse inventory errors than ever before, we can still make mistakes. Integrating the right precautions into your workflow can help you reduce inaccuracies. Discover the kinds of warehouse inventory mistakes you can make and how to prevent them. Types of Mistakes in…

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Difference between Stock Take and Stock Change

Difference between stock take and stock change A Stock Change is where you change the quantity of stock on hand by either “Adding” (positive value) stock or “Subtracting” (negative value) stock.   So if you had Product ID “ABC” and it has a current Quantity on Hand value of 10 units in sublocation “M1”, and…

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Making barcode labels more easy to scan and scan more reliability

What is a barcode? A printed barcode is string of numbers and letters represented as a series of lines on the paper. The barcode scanner reads the barcode by sensing the differences in the pattern of light and dark lines. There are several standards that define the pattern of lines on the barcode.  To improve…

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Lot Tracking Inventory Management

A lot tracking system records information related to specific product batches or lots. The lot or batch number can be assigned to one or more units that are produced or purchased on the same or various dates and possibly have an expiry date.  A system with lot tracking inventory management capabilities  will remove the complexity…

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