For many small businesses, the margin of error is small. Extraneous costs each month can be the difference between success and failure, which is why every small business owner should know about inventory turnover and how this commonly overlooked ratio can be efficiently managed to turn a loss into
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Inventoryninja voted on the following stories on BizSugar
What is Inventory Turnover? Every you need to know!
Posted by inventoryninja under SalesFrom http://www.waspbarcode.com 3567 days ago
Made Hot by: joelcook on February 18, 2015 1:47 pm
Good Data Helps Minimize Life Cycle Costs
Posted by inventoryninja under TechnologyFrom http://www.waspbarcode.com 3572 days ago
Made Hot by: garynyc on February 12, 2015 5:27 pm
Most small business owners and managers have purchased equipment solely because of decreased cost. Unfortunately, what looked like a great deal may have cost more to maintain than the pricier alternative. This is why forward-thinking professionals use Life Cycle Costing (LCC) when evaluating items
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5 Ways a Time and Attendance System will Save You Money
Posted by inventoryninja under TechnologyFrom http://www.waspbarcode.com 3575 days ago
Made Hot by: sky.walker on February 10, 2015 8:50 am
For small businesses, investment in time and attendance software often takes a backseat to improving customer retention or finding new customer acquisition methods. The time and attendance systems already in place at small businesses can lead to inertia — an unwillingness to switch to a more effici
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Rock and Roll Heroes: Managing the Logistics of Live Concert Tours
Posted by inventoryninja under TechnologyFrom http://www.waspbarcode.com 3579 days ago
Made Hot by: Curtis4321 on February 5, 2015 6:17 pm
Everybody applauds musical performers, but few people appreciate some of the true heroes of live concert tours. These are the logistics and inventory managers who make sure that everything from musical equipment to souvenir T-shirts shows up on time and doesn’t get lost to inventory shrinkage.
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7 Supply Chain Predictions For 2015
Posted by inventoryninja under StrategyFrom http://www.waspbarcode.com 3581 days ago
Made Hot by: lucasbryan on February 3, 2015 9:57 pm
With the New Year now well under way, here are some supply chain predictions that could help make 2015 even better.
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Inventory Management 101
Posted by inventoryninja under StrategyFrom http://www.waspbarcode.com 3586 days ago
Made Hot by: colebiz on January 29, 2015 5:15 pm
Almost every business carries inventory, regardless of the organization’s size. Inventory includes raw materials, work-in-progress, and finished goods. No matter which category a business’ current stock falls within, those items need to be counted and tracked. Accuracy determines whether a company
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Small Businesses are Bullish on the Economy
Posted by inventoryninja under ManagementFrom http://www.waspbarcode.com 3593 days ago
Made Hot by: tpwphilmore on January 22, 2015 11:22 pm
2014 ended with a bang: the stock market finished with near record highs, unemployment rates fell to 5.8% (almost a full point below predictions), and economic growth reached an 11-year high during the third quarter. As a result, small business leaders are more confident in the economy and have hi
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4 Reasons Small Businesses Fail
Posted by inventoryninja under ManagementFrom http://www.waspbarcode.com 3596 days ago
Made Hot by: bryanenglish on January 20, 2015 1:03 am
Most entrepreneurs start a new business with dreams of success, but the unfortunate fact is, too many of them fail. The U.S. Census Bureau showed the reality in hard terms – 400,000 small businesses opened and 470,000 SMBs closed their doors just last year.
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5 Key Benefits of Barcode Software
Posted by inventoryninja under TechnologyFrom http://www.waspbarcode.com 3600 days ago
Made Hot by: colebiz on January 15, 2015 5:07 pm
From healthcare to education, the uses of barcodes are far-reaching and, as a result, so are the benefits of the software used to create and scan these barcodes. Aren’t using barcode software yet? Here are five key benefits of barcode software that might just make you change your mind.
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2015 State of Small Business Report
Posted by inventoryninja under ManagementFrom http://www.waspbarcode.com 3603 days ago
Made Hot by: Curtis4321 on January 13, 2015 2:05 pm
he New Year is a challenging time for all small businesses as we reflect back on the previous year and plan for the future. At Wasp Barcode, we continue to hear from our small business partners that industry-wide metrics, specific to small and medium sized business, are difficult to find and are n
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