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A woman picking up a boxed water product from a grocery store.

Omnichannel E-Commerce: Best Inventory Strategies

In the fast-paced and ever-evolving world of omnichannel retail, inventory management has long been a perplexing puzzle for commerce professionals. The rapid rise of retailing across multiple sales channels, online and off, has forced inventory management to transform itself. Fortunately, software vendors have kept pace. Let's look at

inventory check, stock inventory, warehouse inventory, barcode on paper, organizing inventory

5 Effective Inventory Management & Audit Techniques

Lack of proper planning and tracking of inventories can result in uncertainties and potential losses. Businesses face multiple challenges associated with inventory checks and management. Supply chain disruptions, shifting consumer preferences, and volatile market conditions are some of the hurdles that can wreak havoc on your inventory management plans. Fortunately,

Relationship between seasonal demand and stock.

Managing Seasonal Demand: Smart Business Strategies

Seasonal demand is a valuable opportunity for businesses to increase revenue. However, failing to respond to seasonal demand can lead to a crisis that results in lower profits and unhappy customers, not to mention lower sales. What strategies should companies employ to respond to seasonal demand effectively? What is Seasonal

An amazon go store.

Amazon Go: Inventory Innovation in Retail Tech

Amazon, a global e-commerce giant, is creating a new paradigm for future retail experiences and inventory management based on various technologies.

Accountant conducting inventory audit in the warehouse

How Inventory Audits Work: Process & Benefits

An inventory audit is a comprehensive review and verification of a company's physical inventory against its recorded financial records. This process ensures accuracy, identifies discrepancies, and helps maintain an accurate account of available assets. It is one of the essential steps that cannot be left out when preparing

A woman calling a salesperson while looking at an invoice on her laptop.

Inventory Management Basics: A 101 Guide

Inventory management might not sound like the most exciting aspect of business operations, but it undoubtedly stands as one of the most crucial. Whether you're a retail giant with multiple outlets or a small online startup, understanding the basics of inventory management can be the difference between profit

An entrepreneur reviewing data on the dashboard of an ERP system

SMB Guide to Adopting ERP Systems

In business, data management is the key to operational success. Many business leaders attribute their achievements to streamlined data management practices. The growing trend of integrating business processes via ERP systems further underscores this emphasis on efficiency. Notably, even small and medium-sized businesses (SMBs) are increasingly starting to implement ERPs.