Helpful Resources & Insights

The latest industry news, interviews, technologies, and resources.
Inventory Shrinkage

Inventory shrinkage happens when the physical count of products in stock is less than what is recorded in your accounting

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Days Inventory Outstanding

Days Inventory Outstanding (DIO) is a simple yet powerful metric that helps companies understand how quickly they turn inventory into

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Inventory valuation

Inventory valuation is the process of determining the financial value of the unsold items a business holds at a specific

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Inventory turnover

Inventory turnover is a crucial metric for any business dealing with physical goods. It measures how often a company sells

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how to manage inventory

Learning how to manage inventory is important for any business dealing with physical products. Whether you’re a small shop owner

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Inventory management tools

Key Takeaway Effective inventory management tools are essential for optimizing stock control, improving accuracy, and streamlining business operations. These tools

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POS (Point of Sale) vs Inventory Management System

Key Takeaway Evaluate your business size, complexity, and growth plans to determine which solution best suits your needs and future

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Integrate point of sale (POS) with Accounting Software

Integrating point of sale (POS) with accounting software is crucial for businesses aiming to streamline operations, reduce errors, and maintain

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How inventory affects profit margins

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