3 Inventory Costing Methods to Consider When Valuing Your Stock

How much have you spent on your current inventory? How much did you spend on inventory that you’ve already sold? These are some of the most critical things retailers should be asking, and believe it or not, there is no one “right” answer to these questions, because of the various inventory costing methods out there. What is Inventory Valuation? Inventory costing or valuation is an accounting concept that has a direct impact on your gross… Read More

Control Your Expenses by using Inventory Management

Spending too much on inventory management? Want to reduce your costs and boost your margins? What is inventory management? Inventory management is the act of keeping track of a company’s stocked goods and management is to minimize the expenses occurred during holding inventory or stocks which helps business owners to know when it’s time to replenish products, or buy more materials to manufacture them. Essential inventory management techniques The cost of inventory can quickly add… Read More

Effective vs. Affective Online Business Strategy

  In recent times, every business requires a strong online business strategy to flourish itself online and be successful. However, if you think that you can launch an online business and make millions think overnight then this is an impossible case. To truly flourish your business in cyber space, you require an effective and affective online business strategy. Once you formulate your online business strategy, you will be on your way to entrepreneurial bliss. Effective… Read More

why GIOS Pro

5 reasons why GIOS Pro is the best Inventory Management System Goods Order Inventory System Pro has been designed to fulfill all the needs which requirements which SMEs or even any individual will seek from his/her Inventory management solution. One of the biggest advantages of this inventory application is that it can be accessed on various platforms and devices, including your PCs, Laptops, Linux OS, Macintosh, Android Smartphones/tablets and Apple iPhone & iPads. GIOS Pro… Read More

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