We can guess that you probably own a wholesaler, retailer, or distributor business since you’re reading this blog. Our inventory management tool is catered specifically towards businesses like yours. Thus, this guide covers all the important stuff surrounding inventory management for wholesalers and such. We have covered what inventory management for wholesalers is,…
If you own a small business, you know how time-consuming and expensive inventory management can be. Managing inventory manually is very labor-intensive. There is a large amount of data that we need to keep track of. Also, aren’t you done with the “Excel sheet life” by now? Those sheets have been a nightmare for several…
A free inventory management software that works well is difficult to find and use. All software cannot be like ProfitBooks, which offers powerful and 100% free inventory management and is also easy to use. In this article, we discuss how inventory management works, and what free inventory management software you should use as a small…
Each aspect of your business is equally important, but if there’s one that stands more crucial than others, that would be the point-of-sale (POS). It’s the moment when a potential client finally transitions into a paying customer. Most businesses already have an established point-of-sale system. For brick-and-mortar stores, that would be the cash register…
A company’s inventory is one of its most valuable assets. Be it retail, manufacturing, food service, and other inventory-intensive sectors, a company’s inputs and finished products are the core of its business. Inventory management software is a small investment that can give you massive returns. Managing that inventory is again a significant task for…
A common challenge for both small and large companies is how to handle inventory problems and solutions. The many processes involved in inventory management mean you need to keep a careful eye on your items. Knowing this is crucial for understanding inventory inefficiency. Otherwise, your products can easily get lost or damaged. This task…
A retail business’s inventory is among its most precious assets. As it has been proven to be the case, in the global ever-growing economy, for inventory-intensive industries such as retail, hospitality, and manufacturing, an entity’s finished products, raw materials, and other components are at the heart of its business. Therefore, a shortage of inventory at…
Inventory is the collection of goods a company has in its stock. This includes raw materials, unfinished goods, and goods that are ready to be sold. Generally, inventory refers to the finished goods. This can also include the raw materials required for the production of finished goods called work in progress. Inventory turnover is…
Are you tired of the chaos that comes with managing your inventory manually? As an entrepreneur, you know the struggle of trying to keep track of your stock, orders, and sales without the proper tools. The good news is that there’s a solution that can save you time, money, and countless headaches: inventory management software.…
Stock damage or inventory damage is one of the biggest challenges faced by several managers and business owners in today’s highly competitive market. If you’re running an enterprise, along with the stock, you have to handle a lot many things. Read our article on 7 mistakes that entrepreneurs should avoid. for some tips on running…