Inventory is a necessity in many businesses to enable service performance, but it is also one of the most significant investments many businesses make. Consequently, inventory must be managed effectively. Here we pose 10 questions that you should ask to determine how effective your inventory management really is. Read more
So you have a brilliant product, you know the target markets, you have a plan to engage those target markets, you have oodles of start-up cash, but how are you going to get your product to the market? Read more
For start-ups that have inventory, managing that inventory becomes the most important part of your new business. It’s far from exciting, but it’s how you make a profit. It’s also more complicated than it looks. Read more
Transcipt of an interview with Paul Trudgian for DestinoNegocio, the entrepreneurship website for Latin Amercia. Read more
Inventory is usually the biggest cash investment a business makes every year and if you do not have an inventory policy, then that cash investment has no approval process. Read more
Does your company frequently encounter high and low periods of customer demand, ones where that demand suddenly, and quite unexpectedly, rises and then declines gradually, or worse, disappears overnight? One minute you’re struggling to keep up with the opportunities in front of you, and the next you’re left with an excess amount of product on your shelves.