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Category Archives: inventory control
An Optimistic Approach to Inventory Control
“If you don’t have an inventory management system, consider one,” says Kraig Quisenberry, a car dealer and general manager in his blog post “Inventory: Half Full or Half Empty?” “Just one mistake could cost you more than the system itself. … Continue reading
What Are You Looking for in an Inventory Control System?
I saw a provocative headline recently: “Small Businesses Demand More from Their Inventory Management Systems.” Unfortunately, the article itself failed to live up to its intriguing headline. It’s mostly just talking about how great a particular inventory management system in … Continue reading
Get Rid of Busyness So You Can Get Down to Business
Running a business can sometimes feel a lot like busywork. How much time do you spend writing reports, balancing accounting records and making sure you have enough products in your inventory? Wouldn’t you rather spend that time on something more … Continue reading
Macy’s Inventory Control Helps It Beat Expectations
Macy’s is back in the news – this time because it’s looking like a great buy to stock-market investors. I’m no Wall Street expert, but I do know that when a company uses solid business practices, it’s likely to be … Continue reading
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Tagged Cost Savings, Customer Service, inventory control, Macy's, news, Price Discount, Prices, Retailer, stock market
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Inventory Management vs. Inventory Control
Do you know the difference between inventory management and inventory control? Inventory management focuses on getting inventory to the right places at the right times, and inventory control focuses on using that inventory most effectively to keep costs down. I … Continue reading
4 Inventory Control Methods You Need to Know
It’s all well and good to discuss inventory management in the abstract, but now we’re going to get down to the nitty-gritty details of making it work. I found an interesting article entitled “Inventory Control Methods,” which talks about the … Continue reading
