by Joel Goldstein Follow @joelgoldsteinOctober 14, 2016 As you grow your business, you begin to face many new challenges that never affected you before. Should you hire a wholesale distributor? Do you need a larger staff? And most importantly, how should you manage inventory? Effectively managing inventory is important so you can ensure you always … Continue reading How to Effectively Manage Your Inventory
by Michael Jones Follow @onbondstreetOctober 1, 2016 Working capital is a vital resource for small business owners and if you’re running low on cash, being able to borrow money quickly is a must. When you need to beef up your business’s inventory, a term loan may be the best solution. A term loan is similar … Continue reading How to Finance Inventory Purchases With a Term Loan
by Paul Trujillo Follow @TruPaultxSeptember 20, 2016 The mundane, laborious tasks of poring over inventory, tracking goods, recording sales, restocking shelves in a timely manner, and predicting future demands have never been popular activities for those running businesses—especially as their day-to-day challenges grow. As a result, we see over and over again, supply chains destroyed … Continue reading 6 Times Horrific Inventory Control Almost Killed These Companies
by James JornerAugust 21, 2016 Successful inventory management can help make your business operations very easy. Getting your finances and loan aspect right all starts with a good inventory management. While you can regard this as one of the most boring aspects of your entire business, the very success of your business might hinge on … Continue reading 4 Steps in Successful Inventory Management
by Brian Sutter Follow @SmallBizBrianAugust 19, 2016 Meticulously computing inventory sounds like a laborious, time suck that no one looks forward to. Yet over and over again, we see proper inventory management as the key to business survival. Just take a look at Ralph Lauren’s recent colossal profit decline of 50 percent in the past … Continue reading Advice From Successful Business Leaders on Inventory Control
by Paul Trujillo Follow @TruPaultxAugust 12, 2016 Inventory management is, by far, one of the most tedious jobs for businesses of any size, from your mom-and-pop corner store to major retail franchises. And an inventory mistake can be costly at any level. In fact, an inventory management glitch cost sporting gear giant Nike $ 100 … Continue reading 5 Ways to Boost Your Business by Simplifying Inventory Management
Contributor Andreas Reiffen shares how some companies are calculating yield values in order to better manage their inventory through competitive bidding. Andreas Reiffen on June 6, 2016 A warehouse working carrying a stack of cardboard boxes inside a warehouse. We are often asked by our clients if we can use Google Shopping or paid search … Continue reading Can you manage your inventory with Google Shopping?
by Jennifer Hanford June 4, 2016 Follow @jennghanfordJune 4, 2016 Without a doubt, retail is hot in the United States. According to recent statistics, Americans will spend approximately $ 182.6k online and $ 1.8 million offline – in just 20 seconds. People want to buy things, and the sooner they receive their purchase(s), the better. … Continue reading Why Reliable Inventory Management is Essential for Ecommerce [Infographic]
by Brian Stupp April 20, 2016 Follow @IOUFinancialApril 20, 2016 How Inventory Management Can Make or Break Your Small Business All small businesses are focused on driving sales in order to boost revenue, but businesses that sell goods rather than services have the unique challenge of managing their inventory in a way that maximizes their … Continue reading Maximizing Profits With Better Inventory Management
by Paul Trujillo March 14, 2016 Follow @TruPaultxMarch 14, 2016 Key performance indicators (KPIs) help identify and define progress towards defined business goals. Although KPIs vary across businesses and industries, they are vital to the success of an organization. Why exactly are KPIs so important? They reflect your business goals and mission, providing ways to … Continue reading 6 Important Inventory KPIs That Can Make or Break Your Warehouse
