12 Inventory Gifts for Fast Growing Businesses -- The Gift of Staying Lean and Winning Fast with Multi-Order Receiving
Subscribe to Email Updates
The Importance of Dynamic Product Identifiers in Inventory Management
One day Bob, who owns a mid-sized apparel business, came to see us. “How’s business?”, we asked. “Business is booming, but my hands are killing me,” he said.
The Gift of 0% Heartburn and 100% Inventory Visibility
The Gift of More Time with Your Family with Rapid Order Entry.
A key problem for many businesses when managing their inventory is knowing how much to keep at any one time. If you can afford to keep a ton of inventory on hand, then it’s not really a problem. However, that’s probably not the best allocation of resources even if you can, and many businesses can’t anyways because of upfront costs buying product and the ongoing cost of warehousing it.
We were just in San Jose for QuickBooks Connect 2016! We love connecting with people who are just as devoted to QuickBooks Online as we are. In case you couldn't be there, or you just want to relive the action, we've put together our 18 favorite tweets from the event!
Ugh, “Excel”. Just the thought of it would probably send dozens of office denizens into fits of fear if they weren’t immediately lulled into a deep sense of boredom upon seeing the row and columns of numbers. The non-Office branded versions, like Google’s Sheets and Apple’s Numbers inspire much the same reaction among the populous. Of course, spreadsheets are a ubiquitous tool in business because of their utility. And they are an immensely useful tool to stay organized and keep records.
The easiest way to conceptualize allocating inventory is FIFO, or first-in-first-out. It’s simple and, intuitively, it makes sense. If you have inventory, and you need to use it to fulfill orders, you fill the oldest order, then the next oldest, and so on and so on, ad infinitum.
Remember the days when everything was typed out on a piece of paper and had to be filed meticulously in a cabinet, often in duplicate or triplicate so that there were backups and all the right offices had them? Or maybe not. The internet has now been with us for 25 years and computers even longer. There’s a whole generation of people who don’t remember what it was like before information could be summoned with a click of a button. And almost universally, it's been a good thing. Very few people, when pushed to seriously consider it, would truly advocate for a return to older technology.
If you’re a small business running an ecommerce site, it can often seem like a challenge to compete with larger businesses that have greater manpower and resources. Small business owners and their employees have to wear multiple hats and juggle disparate parts of running a business. There are some things though that you shouldn’t forget, but unfortunately many small businesses overlook. Here’s a guide to the core things to keep in mind when you’re running an ecommerce site:
One day a mother was teaching her young daughter the family’s holiday ham recipe. It was the best ham anybody ever had so they always followed the recipe carefully from generation to generation. As mother and daughter prepared the marinade, scored the skin, and put in the cloves, they came to a step the daughter didn't understand.