Inventory Management Insights

What is Vendor Managed Inventory (VMI)? What is Vendor Managed Inventory, or VMI for short, and why should you care? VMI is the concept of

What Is Inventory Turnover Ratio and How Do You Calculate It? Inventory turnover ratio is a valuable metric that tells you how quickly a company’s

Stock Keeping Unit (SKU) in Inventory Management: A Guide A Stock Keeping Unit (SKU) is more than just a set of random characters on your

What is an Automated Inventory Management System? A Detailed Guide Inventory management is one of the challenging parts of running a retail business, especially if

What Is Stock Taking and How Does It Benefit Apparel Businesses? https://youtu.be/5ycaTRjzObk Also known as inventory checking, stock taking is the practice of periodically checking

The Essential Guide to Inventory Reconciliation Inventory reconciliation is a critical procedure in the management of business operations that ensures the count of stock items

Managing Aging Inventory: A Guide for Apparel Brands       Aging inventory—those unsold items gathering dust on shelves—can represent a significant financial burden for

Dead Stock: Causes and How to Prevent It Dead stock—the inventory no business wants but almost every business has. It refers to items that have

Mastering Inventory Days on Hand for Business Success Managing your inventory efficiently is paramount for business success. One critical metric that helps in achieving this

Inventory Visibility: Benefits, Challenges, and How to Improve It Tracking products as they move into your storage facilities and out through your sales channels is

Mastering JIT Inventory Management for Business Excellence       Have you been struggling to keep your inventory handling cost low, but haven’t had much

What Is an Inventory List and How Can You Create One? Managing inventory can be both a blessing and a burden. An effective inventory system