Inventory Management Insights

Raw Material Inventory Management Guide for Apparel Businesses As a fashion brand, developing tactics to manage your raw material inventory is crucial in ensuring that

Weighted Average Costs (WAC) in Inventory Valuation Inventory management is the backbone of any supply chain and business operations. Companies must track inventory accurately to

Dropshipping Inventory Management – A Detailed Guide Dropshipping has become a popular business model, allowing entrepreneurs to sell products without the need for physical stock.

Open to Buy: What It Is, Benefits, and When to Use It As a fashion brand, you sure understand why staying ahead of demand while

What Is Advanced Shipping Notice (ASN) And How Does it Work? In today’s fast-paced and interconnected global market, efficiency and accuracy in supply chain management

Understanding Inventory Replenishment and The Benefits Effective inventory replenishment is crucial for maintaining optimal stock levels and ensuring customer satisfaction. Did you know that 34%

What is Vendor Managed Inventory (VMI)?       Efficient inventory management is crucial for maintaining a competitive edge. One strategy that has gained significant

Understanding Inventory Turnover Ratio and How to Calculate It Inventory turnover is an important inventory management metric you need to keep an eye on at

Stock Keeping Unit (SKU) in Inventory Management: A Guide A Stock Keeping Unit (SKU) is more than just a set of random characters on your

What is an Automated Inventory Management System? A Detailed Guide Inventory management is one of the challenging parts of running a retail business, especially if

What Is Stock Taking and How Does It Benefit Apparel Businesses? https://youtu.be/5ycaTRjzObk Also known as inventory checking, stock taking is the practice of periodically checking

The Essential Guide to Inventory Reconciliation Inventory reconciliation is a critical procedure in the management of business operations that ensures the count of stock items