Having an effective stock control system in place is essential for running a profitable business. Various methods exist to help you...

Inventory shrinkage is the bane of retailers everywhere. Even a moderate amount of shrinkage can have a big impact on your business,...

Online ordering growth has been outpacing the growth of on-premise dining by 300% for several years now. However, with restaurants...

Having too much stock on hand is a financial burden on your retail business. Slow sales means less ability to cycle in newer inventory...

If you’ve ever visited a retail store and looked at a product’s price tag, you’ve likely come across a stock keeping unit, commonly...

A key part of restaurant management is proper stock control. Why? Because your business’s profits or losses are partially determined...

When’s the last time you compared the inventory records from your point of sale system to the counted inventory levels in your store?If...

Forecasting demand is essential for retailers to accurately predict how much of a product they should purchase. The inventory a retailer...

Inventory control: That is, knowing exactly what products you have on the sales floor and in your stockroom (and how many you have)...

For people new to operating a retail store and managing inventory, it can be difficult to understand how barcodes, UPCs and SKUs work...

Chances are that if you’re reading this, you’re interested in procuring goods for your business. If you want to obtain goods from...

When we do anything in life, most of us measure our performance against a predefined set of metrics. Measuring your progress against...