Category: Blog

Helpful Resources & Insights

The latest industry news, interviews, technologies, and resources.
Inventory vs Fixed Asset

Inventory vs Fixed Asset—what’s the difference, and why does it matter? If you run a business, you deal with inventory,

Stock taking or stock checking

Stock taking or stock checking—which one does your business need? Managing inventory is a critical part of running a retail

Inventory 80 20

The Inventory 80/20 rule is the Pareto Principle, which states that 80% of outcomes come from 20% of inputs. In

inventory and Supplies

Although inventory and Supplies may seem interchangeable, they serve distinct roles in your business. Understanding the difference is important for

Inventory vs Stock

Understanding the distinction between inventory and stock (inventory vs stock) is a huge step for any business looking to streamline

Inventory forecasting

Inventory forecasting is the process of predicting future inventory needs based on sales data, trends, and other factors. It is

Inventory holding cost

Inventory holding cost is the expense your business incurs to store unsold inventory. While holding some inventory is necessary to

Inventory optimization

Inventory optimization ensures your business has the right stock, in the right place, at the right time. It’s not just

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