What is inventory turnover rate?
What is inventory turnover rate? How do you calculate inventory turnover rate? What should my rate be? Payton Viator, Senior Account Executive at Acctivate Inventory Software answers these questions and more.
Order and Inventory Management Questions and Answers
Navigating the intricate world of order and inventory management can sometimes feel like journeying through a maze. But armed with the proper knowledge, tools, and practices, any business can transform this maze into a clear path towards optimal operations and satisfied customers.
Inventory optimization solutions
Inventory optimization solutions Built For Inventory optimization solutions balance inventory levels and customer demand in ways that achieve optimal customer satisfaction and business profitability. Disruptions to business are inevitable and constantly occurring—from technological advances to consumer expectations to labor strife to mergers and acquisitions to cyberattacks to natural disasters to a global pandemic. The above…
Inventory Management in the Food Industry
Inventory Management in the Food Industry Built For Inventory management in the food industry requires inventory control, lot & serial number traceability, and order management to ensure food quality and safety. Operating within the food industry as a distributor, supplier, or manufacturer is not for the faint of heart. Federal and state regulations surrounding food…
B2B Inventory Management 101
B2B Inventory Management 101 Built For The virtual marketplace of ecommerce has changed the way customers shop and purchase. Today’s consumers have higher expectations and can conveniently purchase items from the palms of their hands. The framework of old school supply chains is no longer valid. Before the Internet of Things and the boom of…
Fulfilled by Amazon vs Fulfilled by Merchant: A Closer Look
Fulfilled by Amazon vs Fulfilled by Merchant: A Closer Look Built For Selling on Amazon allows companies a chance to open a lucrative sales channel, gain brand visibility and scale business. Amazon’s trusted and established technological infrastructure provides vendors with solid back-end support. The vast online marketplace accounted for a jaw-dropping 49% of the U.S….