In recent years, studies have shown that the world’s population wastes about half of the food we produce. Food waste has been a concerning issue generally, especially so in the food industry. But with proper inventory management, business owners can save a lot in ways they may not have thought of before. Though it may be common knowledge […]
Inventory Management
Infographics Series: Why You Should Manage Your Inventory
Previously, we talked about the inventory management options available to you. For this post, we’ll be discussing why you should manage your inventory and why you should do it now. Consequences It’s easy to do nothing, but doing nothing comes at a cost. Wrong Inventory Without inventory management, you can end up with the wrong […]
Infographics Series: What Are Your Inventory Management Options?
So far in this series we’ve discussed the basics of inventory management. We’ve talked about what it is, who needs it, the benefits, and potential consequences of not having it. Now, it’s time to move onto the next question: What are your options? In this installment, we will talk about the different inventory management options available […]
Infographics Series: Top 10 Consequences Of Not Having Inventory Management
In the last post, we talked about the top 10 benefits of having inventory solutions for your business. But what happens if you don’t have one? This week’s infographic is exactly that: “Top 10 Consequences of Not Having Inventory Management” 1. Cost Factor: If there is no proper management, you have little to no visibility of your […]
Infographics Series: Top 10 Benefits Of Inventory Management
It’s time for our next infographics series post! So far, we have discussed the meaning of inventory management and who needs it, along with a real example. In this one, we take a look at “Top 10 Benefits Of Inventory management.” Here they are: Increased Sales: An IMS (Inventory Management System) allows you to fulfill orders […]
Infographics Series: Who Needs Inventory Management?
In this post, we talk about the second infographic “Who Needs Inventory Management?“And there’s a bonus – It provides us with a real example of how an inventory management system can come into use. So, let’s dig in! In simple words, Inventory Management is important for those who collaborate to do business. Collaboration can be […]
