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Tag Archives: Inventory Control

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Barcode System

Automating Your Warehouse Operations

Inventory ManagementBy Harshal KatreSeptember 16, 2019Leave a comment

Warehouse automation is one of the best-known ways to improve efficiency and functionality, as well as an excellent way to boost the return on investment. This is why most warehouse managers work toward automating their processes. Even so, most warehouses today still struggle with expenses and human errors simply because they haven’t adopted high levels…

Inventory Control

Understanding Inventory Control

Inventory ManagementBy Harshal KatreOctober 23, 2018Leave a comment

With the onset of various practices aimed to increase the gross output from a company, the management, and control of everything related to the inventory are in the spotlight. Thus, paving the way for new techniques and practices to achieve it. Inventory control is, therefore, an important aspect of maintaining a successful supply chain for…

delivery challan

Understanding Delivery Challan

Inventory ManagementBy Harshal KatreOctober 16, 2018Leave a comment

What Are Delivery Challans?   As a businessperson, is this question placing you in a dilemma? Well, this article contains all information about Delivery Challans! Also referred to as a dispatch challan or a delivery slip, a Delivery challan may be a document that contains the outline, condition, and quantity of products delivered. The paper…

surplus inventory

How to deal with surplus inventory

Inventory ManagementBy Amrita PandeySeptember 21, 2018Leave a comment

What Is Surplus Inventory Anyway? Surplus Inventory is a term used to describe a situation where fewer supplies are used than what is stocked, and that affects the profit margin and the unsaleable, yet expensive items lock up cash that could have been better used to sell other saleable products. If you’re a merchant looking…

Reorder Level Calculation

How To Calculate Reorder Level?

Inventory ManagementBy Harshal KatreSeptember 20, 2018

  Choosing the right quantity of an item to keep up a satisfactory stock level is a challenging task in any business. If you don’t maintain a sufficient reorder level, you risk going with insufficient stock and might not be able to serve a client’s demand. On the other side, buying excess inventory can also…

12 Inventory Management Techniques To Cut Losses

12 Inventory Management Techniques To Cut Losses

Small Business GuidesBy Harshal KatreJanuary 15, 201614 Comments

   Inventories that are mismanaged can create significant financial problems for a business. The use of inventory management techniques can reduce the troubles of the supply chain. And a management solution can provide a better future for retail business. Raj owns a retail store in Mumbai and last year he started selling on eCommerce marketplaces.…

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