Inventory management combines inventory management software, processes and procedures to ensure the correct quantities of inventory are ordered and managed to satisfy customer demand.
5 Reasons to Replace Manual Inventory Tracking Built For One of the easiest steps for a business to take towards change and modernization is replacing manual inventory tracking with a centralized, automated inventory management system. Change may be hard, but more often than not, it’s for the best. Without change, we reach a point of…
What is stock control software? Built For What stock control software is and why it’s an excellent tool for small and medium sized businesses for managing stock levels. What is stock control software? At the very least, each business should have a general idea of the stock, or inventory, which are on-hand. This concept is…
5 common inventory challenges Built For Managing inventory can be difficult for many small businesses. However, small business inventory can be effectively controlled. Here at Alterity, we work with many small businesses to help them overcome their inventory challenges. Small businesses often do not have the necessary resources or manpower to fully allocate to inventory…
Inventory management challenges and solutions Built For Identifying inventory management challenges and solutions can be a formidable task, but with the right technology, small businesses can control their inventory. Inventory management challenges and solutions- a moving target There’s too much inventory… There’s too little inventory… It can be a tricky task getting inventory control just…
5 inventory tools to help with inventory control and management Built For 5 inventory tools to help with inventory control and management Inventory management continues to play a critical role in the success of an organization. However, because of the domino effect businesses have on the overall economy, recently “unsold inventory created a big drag…
How to manage inventory effectively: 5 components of successful inventory management Built For As a small business, you may feel you don’t have the right resources or enough time to manage inventory. However, with these five practices, you can ensure efficient inventory management for your business. My accounting knowledge has been a great compliment for…