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An inventory manager checking quantities of inventories in a warehouse

Master Confusing Inventory Management Lingo - Part 2

In our previous series on how to “Master Confusing Inventory Management Lingo” (Part 1), we introduced some of the most commonly used yet misunderstood inventory management terminologies such as Safety Stock, Reserve Stock, and Inventory Maintenance Cost. If you find yourself asking, “How can I put better inventory management into

A young woman uses inventory management system to look for inventory in a warehouse.

Master Confusing Inventory Management Lingo - Part 1

Accurate definition of keywords that inventory managers must know Are you new to inventory management? Do you ever feel lost when it comes to managing your inventory? Having a solid foundation of the basic terminology should make it much easier to understand the concept of inventory management. We’ll introduce

Label Features Updated

Label Features Updated

Our Label Generating & Printing features are a favorite among our customers, and we're excited to introduce updates that will enhance the barcodes and QR codes to better serve your business needs. • To make editing the barcode template easier, we've added a highlight to the edited

An employee experiences an error while viewing real-time inventory data in Excel file.

An Inconvenient Truth Behind Excel Inventory Management

It is not an understatement to say that product warehouse management lies at the heart of an efficient business model. While it may seem obvious, it is essential to manage your inventory for seamless operation. Hospitals, shopping malls, and fitness clubs are just a few of many businesses that directly

Inventory management can reduce inventory costs

Inventory Costs and Types Explained

The term “cost management” in inventory management signifies efforts to minimize the total cost involved in managing inventory without jeopardizing the supply chain. Many companies are facing theoretical challenges in reducing the total cost in inventory management when determining optimal production or order quantity. First, let’s explore the types

Well-organized warehouse view.

Warehouse Space Management Made Easy with Inventory Management Software

As the new year starts, people's social media are flooded with the classic January tagline "new year, new me", overlaid with pictures of healthy meals, exercise, or a clean house. Whether or not there's something magical about January, it's probably not a

Young woman enjoying online shopping on a desktop

Top 4 E-Commerce Trends in 2023

E-commerce is the fastest-growing retail sector. Global retail sales will continue to grow and take up more retail market share. According to research completed by eMarketer and Statista, online retail sales will reach $6.51 trillion by 2023, with e-commerce websites taking up 22.3% of total retail sales. Online