What are LOT Numbers? What are its Benefit and How to use them?

In the world of inventory management, achievement comes from accurate and careful tracking. You can’t fix what you can’t quantify, and we’ve developed some extremely accommodating measurements to precisely measure the inflow and outflow of items. We have inside identifiers like the Stock Keeping Unit (SKU) which assist us with monitoring similar sort of items all through our warehousing operations. What is a Lot Number? Lot numbers — also known as batch numbers, code numbers,… Read More

Effective ways how Retailers can increase sales across multiple channels

As your retail business grows, adding multiple sales channels to increase brand awareness is an exceptionally sensible and strategic step forward. Today, customers are driven by comfort, and the more you are addressed on channels they shop, the better. However, as you add multiple sales channels, you are additionally adding more for you and your group to manage. To keep your group normal and increment sales across the entirety of your various channels, here are… Read More

The Importance of Shopify Inventory Management App

Shopify inventory management app just keeps growing and adding features that make it easier to get started in e-commerce. No coding to deal with. No hosting to deal with. But there is one tool to consider adding to your Shopify ecosystem advanced inventory management. Why Is Inventory Tracking Important? Inventory is the cornerstone of any e-commerce business. Having an accurate inventory saves money, increases profit, frees up time, and improves customer satisfaction. Inventory tracking saves money… Read More

Tips for Managing Perishable Inventory Management

Perishable Inventory management demands attention. There are certain best inventory tracking software methods that help with the operation of managing and accounting for perishable inventory. Any manufacturer or retailer of food and beverage products, cosmetics, pharmaceuticals, nutraceuticals, or anything that has an expiration date will be very much familiar with this issue. The major pinpoints are guaranteeing the sale of inventory before its expiration date, and the ability to effortlessly recognize and eliminate expired inventory.… Read More

How to reduce Inventory stock loss

Inventory stock loss refers to the difference between the physical count of your stock and the amount your records say you should have. It is something that retail companies are wary of. It can be caused by several factors such as theft, damages, spoilage or administrative errors on stock movements. In order for you to prevent Inventory stock loss, you need proper inventory management strategies. Good Order Inventory Management will help you automate your workflows so… Read More

The Top 5 Benefits of Inventory Management Software

In today’s competitive and modern business era, technology plays a vital role in automating various complex business activities, which earlier required huge time and resources. Whether it is manufacturing, packaging, dispatch, sales, marketing or customer support, technology has a strong presence everywhere. And with the advent of modern software solutions and support, businesses across the globe have benefited in terms of workflow automation, improved output quality, better sales and ultimately boosted revenue. The Need for… Read More

How to Choose an ideal Inventory Management Software for your business

When many people think about inventory management, they think of Excel spreadsheets or manual stocktakes. While these can be useful for managing inventory in certain circumstances, but in today’s world, the main objective is to maximize the return on investment by adopting these practices in an organization. This rapid change can be tied to the progression of technology and cloud-based software solutions that give retailers an added advantage of doing repetitive jobs in a more… Read More

15 Tips for Effective Inventory Management

Inventory management needs to be handled with care in any field and industry. Otherwise, it can create mistakes in the warehouse, lead to missed sales opportunities if products are out of stock, and tie up investment. To avoid these issues, retailers need to develop a foolproof inventory plan and execute it thoroughly. This article provides useful tips to help you manage inventory effectively. Refine inventory forecasting Inventory forecasting means predicting the amount of inventory you… Read More

Create your Own Inventory Management System with GOIS

Even though there are many inventory management softwares that are available in the market, still it is difficult to find the one that caters to all your requirements. In spite of spending a considerable amount of time, effort and money in search of a perfect inventory management system, you get a rather standard and common-to-all-industries inventory management solution. It may cater to all your requirements but also have many other added features that are of no… Read More

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Cloud Inventory Management System, Order Fulfillment, Manufacturing

inventory management software