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Do you know the real price of low inventory turnover? If not, you should.
Inventory levels predict sales and earnings, which is a critical consideration for companies and their investors. Read More

In the search for increased revenue, and thus, viability, businesses often look outward, rather than inward. According to a small business survey, a mere 20% of small businesses will invest in tools to improve employee productivity this year; support for this strategy lags behind others such as exp Read More

Fraud takes on many forms as it silently creeps through the global supply chain in search of its next victim. Sometimes it starts with a supplier who falsifies labor expenses and exaggerates bills. Other times it’s an employee who pumps up his expense account or a contractor who promises kickbacks Read More

The heart of any small business is its warehouse. Products and data flow through it day and night. Profitability and overall customer satisfaction depend on the efficiency of inventory tracking within its four walls. Read More

Thanks to recent advances in technology, more businesses have started creating, printing and utilizing barcode labels for themselves. While some business owners may be content to outsource barcode creation to a third-party, those who use their own barcode printer know that doing so allows their com Read More

Small business owners may think that accounting for inventory ends upon its purchase. The real cost of carrying inventory involves much more. Considering the fine line that half of all small businesses walk between success and failure within their first 5 years, understanding the real cost is cruci Read More

Nearly everyone everywhere has seen a barcode today. Barcode’s have revolutionized the way we package and transport merchandise. A barcode, by Investopedia.com’s definition, is a graphical representation of a product’s identifying information formed by two-dimensional pattern of black and white str Read More

Purchasing a time and attendance system may not be the first thing small business owners think of when considering ways to achieve their expected revenue growth. Improving customer service and investing in new customer acquisition methods are cited far more often, but failing to do so is taking a Read More

A few years ago, a small store operating out of the owner’s home would only dream of selling their unique wares to people around the globe. Fast forward to today where operating a small business with international capabilities on websites like Etsy, Amazon and eBay is not only a possibility but is Read More

Inventory is the materials, work-in-progress goods and final product that businesses sell in order to generate revenue. Without inventory going out, there is no money coming in.

Even more important than just having or not having inventory, is keeping track of inventory. That is the key to runni Read More