Finale Inventory Blog | Page 15 of 74 | Inventory Management Software Articles
Obsolete Inventory & Management | Finale Inventory
December 8, 2021
For companies of all sizes, an important part of the business is ensuring that you do not have too little of an item or service to fulfill customers’ wants, but not ...
5 Tips for Boosting Your Inventory Performance Index (IPI) Score on Amazon
December 3, 2021
Are you an inventory director or in charge of ordering and managing inventory for your company? Managing inventory is a large task for small businesses and large ...
The True Costs of Bad Inventory Management | Finale Inventory
November 30, 2021
Though it may seem counterintuitive, too much inventory isn't good. In fact, the costs of bad inventory can be steep for a business — you could lose both ...
How to Calculate Cost of Goods Sold | Finale Inventory
November 24, 2021
Your cost of goods sold is an important accounting metric that can indicate your company's financial health. You're also required to report your COGS to the IRS, ...
Black Friday and the Holidays: Having Enough Inventory for the Buying Season
November 23, 2021
For retailers, preparing for the holiday season can be daunting. Black Friday kicks off a buying season unlike any other throughout the whole year. Did ...
Bill of Lading for Hazardous Materials | Finale Inventory
November 22, 2021
When a company ships a product, particularly a hazardous material, it needs to know that the company that ordered it has received it. It also needs to ensure that ...
Optimizing a Warehouse Layout | Finale Inventory
November 18, 2021
The importance of a practical warehouse layout design is significant for your operations. A good layout allows for better efficiency of movement and worker ...
Perpetual Inventory System
November 10, 2021
If your business uses a periodic inventory system where you frequently update your stock levels and conduct physical stock takes, the idea of an inventory system ...
What Is Demand Forecasting? | A Comprehensive Guide
November 4, 2021
To remain competitive and profitable, you need to do more than stock the right products. You need to stock the right product in the right quantity and at the right ...
Choosing an Inventory Management System | Finale Inventory
October 26, 2021
Once your business grows, makes more sales and deals with more inventory, you realize it’s time to upgrade from manual to software-based inventory ...
What Is Dead Stock and How Can You Avoid It?
October 22, 2021
On average, 20%-30% of a company's inventory is dead stock — which is a sizeable concern. At its most basic, dead stock is inventory that's impossible or ...
Inventory Margin vs. Markup: What’s the Difference?
October 14, 2021
Margin and markup are often mistaken or used interchangeably. Because you calculate both using the same variables and the two figures are closely related, it's easy ...