Change may be hard, but more often than not, it’s for the best. Without change, we reach a point of stagnation, complacency – and when we become comfortable in a place such as that, the likelihood of mistakes increase. Complacency leads to a false sense of security, which sometimes works out fine, but other times…
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 control. This can make managing inventory…
With the right inventory tools, small and mid-sized businesses can effectively manage their inventory 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 on the economy”. According to NRF Chief Executive…
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 my role in implementation of inventory management software. Because I took managerial accounting…
How to track inventory… five easy ways when getting started with your inventory management software. How to track inventory with software For businesses trying to determine ways to track inventory, many affordable resources exist. One such resource is inventory management software. Most inventory solutions tailored for SMBs are quite affordable and practical investments. Even though inventory…
How many pieces of candy are in the jar? Chances are, you’ve encountered this baffling question before. With a prize at stake or motivated by self-satisfaction, you’re determined to get the right answer. However, time is of the essence and without the option of dumping the contents of the container and meticulously counting each piece…