Inventory management

Inventory is a business asset, and must be given as much attention as one would give sales or marketing. It can quite easily be called the backbone of a company – the stronger it is, the [...]

It’s safe to say that your back-end operations are as important as your front-end operations; you can’t hope to give out a good product if you can’t handle it properly behind the scenes. And so, [...]

The transport and logistics industry is known for supporting not only the general population, but also other businesses. Whether it be product supply, trading, or simply pick-and-drop services, [...]

The concept of homeware has recently started breaking through the retail industry. A report by Furniture Insights found that from 2016 to February 2017, furniture orders have increased by 4%. [...]

Stockouts are a retailer’s worst nightmare – and that is no exaggeration. Loss of valuable sales, damaged brand name and reputation, declining business growth – the list goes on. [...]

It’s easy to start a business these days, with how readily resources are available for use online. However, to stay in business – that is a challenge. Sustainability and profitability [...]

Artificial Intelligence – or AI – is emerging as a new factor of production, replacing the traditional factors of labour, capital, and innovation. In fact, it is estimated that AI [...]

Inventory management is an integral part of running any kind of business – but for a small business, the burden becomes necessary. Knowing what product you have, and what product you need [...]

Like a car that cannot start without an engine, a business cannot flourish without the right tools. One of the biggest challenges people face while running their company is the need to manage [...]

With running a business comes great responsibility – tracking sales, analysing reports, and managing employees are just to name a few. What you need to know is: proper inventory management [...]