Tips To Help With Ecommerce Inventory Control

Retailers hate dealing with inventory. In fact, more than $1.7 trillion dollars is lost annually due to mismanaging inventory in the retail world. But, keeping tracking of inventory for an ecommerce business can be very difficult for small retailers. Not having enough products in stock means you could lose out on sales. Having too many products means you could be wasting money in warehouse fees. That is why we’ve put together all these inventory tips to help you get your head around the supply chain process.

What is Serialized Inventory?

What is Serialized Inventory?

Learn more about serialized inventory and how this inventory tracking method helps prevent poor inventory control.

5 Warning Signs of Inventory Management Trouble

5 Warning Signs of Inventory Management Trouble

You know the warning signs when you’re getting sick. You feel a sore throat or stuffy nose, you know something’s wrong. But how well can you recognize the warning signs that your ecommerce business is “sick”? If your store’s inventory management system is in danger...

What is Inventory Turnover Ratio?

What is Inventory Turnover Ratio?

Inventory turnover is how many times stock is sold or repeatedly used in a specific amount of time depending on your business needs.

What is a Bill of Materials?

What is a Bill of Materials?

In this post, we’ll look at what a BOM is, why it’s important to have, the elements included in a BOM, and the questions you should ask as you’re creating a BOM.

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