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…continue reading
5 common inventory challenges
Managing inventory can be difficult for many small businesses. However, small business inventory can be effectively controlled. Here at Alterity, Inc., 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…continue reading
5 inventory tools to help with inventory control and management
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…continue reading
How to manage inventory effectively: 5 components of successful inventory management
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 complement for my role in implementation of inventory management software. Because I took managerial accounting…continue reading
How to track inventory with your inventory management software
If you’re getting started with inventory management software, here are some easy ways to start tracking your inventory There are many affordable resources that exist for small businesses who want to optimize their inventory practices. One such resource is inventory management software. There are many inventory management software that exist, some of them specifically for small…continue reading
