Tag Archives: Inventory Management

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12 Inventory Management Techniques To Cut Losses

Small Business GuidesBy Harshal Katre January 15, 2016 14 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.…

Manage Entire Purchase Cycle Of Inventory

Expenses, Inventory ManagementBy Harshal Katre July 24, 2015 1 Comment

Each business incurs certain expenditure to run. They can be further divided into ‘purchases’ and ‘expenses’. Expenses can be either cash expenses which are paid off immediately, or credit expenses, which are incurred on a particular date but settled later. Purchase usually deals with procurement process of inventory which we require to either manufacture, or…