Inventory is rightfully considered the most significant and crucial asset for many companies. It is of critical importance both from operational and accounting perspectives. One of the primary accounting tasks when it comes to inventory…

The Amazon Partner Network is the international partnership initiative for technology and consulting companies that leverage Amazon Web Services to create services and achieve customer solutions. Whether you are just starting your business or expanding…

Unfortunately, companies do not always sell products as quickly and effectively as anticipated by a company. Sometimes, they end their life cycle without getting sold. That unsold inventory is called excess inventory. It ends up…

Inventory is the most critical asset for businesses operating in manufacturing, food, retail, and other inventory-intensive industries. Those companies have to deal with the challenge of ensuring that this asset does not turn into a…

Whether you manage a family business or a Fortune 500 international company, having a proper inventory management system is a must. An inventory management system makes supply chain operations more effective and significantly benefits the…

Procurement management is the whole system within an organization, the purpose of which is to optimize the company’s spendings. In more detail, the procurement process includes acquiring required goods and services from vendors within established…

If you have been at a gym, you probably noticed protein jars at a local store. Most of the time, those supplements are not under the ownership of the gym. Workout and nutrition supplement brands…

Overstock is a technology-driven online retail platform located in Salt Lake City, Utah. It was a startup which started in 1999. Since then, it has evolved into a billion-dollar retail company that is competing with…

Inventory forecasting is an essential part of successful supply chain management. Its goal is to ensure that there is enough stock available to meet the demands and not too much to lose money on unnecessary…

Spendings are very important for any business. And one component of their spendings refers to purchase orders. This component is crucial as it helps business owners determine precisely the amount of finances needed to spend…

When starting a small business, there is not that much to worry about at the very beginning. But then, with your business growing and expanding, issues and challenges increase as well. For example, in case…

The core value of each business is to ensure a product reaches the right customer at the right moment. Having adequate, high-quality inventory management and tracking significantly helps generate higher sales volume and thus meet…

Online shopping has become an indispensable part of the international retail framework. With the ongoing digitalization, the retail industry has undergone a significant transformation. As internet access becomes available everywhere around the world, the number…

Inventory management is a process of keeping in-depth track of all your products. With proper inventory management, you will ensure that your company correctly orders, handles, and tracks your entire stock. On the most fundamental…

eCommerce integrations available in a proper inventory management software solution help the retailers arrange their stock in due time. It becomes possible with multiple integrations helping you with the accounting, sales management, CRM, marketing, shipping,…