216621642162

Sharing knowledge, thoughts and news

How BI analytics works and why businesses cannot do without it

How BI analytics works and why businesses cannot do without it

Modern business is gradually but inevitably being absorbed by the digital age. It is becoming risky to remain committed to archaic management tools, not only because of the loss of opportunities, but also because competitors are already taking full advantage of the benefits offered by global digitalisation. This idea also applies to the process of […]

Finance

Read 5 minutes

Management of product assortment and formation of the assortment matrix

Management of product assortment and formation of the assortment matrix

Customer needs and desires, as well as economic conditions, are constantly changing. To be successful in managing product assortment, modern tools and approaches must be used. How can we improve product assortment management? What should we pay attention to? What factors influence assortment management at the retail point? How do we choose products for sale? […]

Assortment

Read 4 minutes

TOP 3 steps for effective change inventory management

TOP 3 steps for effective change inventory management

In today’s BANI world, where everything is changing and competition is at peak levels, it is important to “stay ahead of the game”. However, this is not always an easy task. One of the key tools for achieving competitiveness and economic sustainability is the implementation of technology and software. The real challenge is how fully […]

Inventory in production

Read 5 minutes

Inventory Optimization in the Artistic Sphere through SaaS Solution

Inventory Optimization in the Artistic Sphere through SaaS Solution

Making art supplies might seem simple, but creating each drawing, palette, or brush involves a careful process that demands attention to detail and top-notch quality from the manufacturers. In the world of competitive creativity, this production is a key chain in delivering art to everyone around you, and the choice of high-quality materials is crucial […]

Inventory in production

Read 7 minutes

How to define the Economic Order Quantity. Success story retail

How to define the Economic Order Quantity. Success story retail

If your company deals with the small business, then it will be quite simple for you to define the economic order quantity manually. However, in the wake of business growing, you should consider the issue of investing into the inventory management system in order to control your reserves more efficiently. There are many reasons why […]

Inventory in retail

Read 7 minutes

Shown 69 articles

Filter

Filter
Management in the spheres
Type of business
Article type
Warehouse inventory and inventory procedure for goods in the warehouse, accounting of balances

13 Feb 2018

Read 7 minutes

Warehouse inventory and inventory procedure for goods in the warehouse, accounting of balances

The warehouse inventory and warehouse balances reflect the “health” of the company as a whole. The warehouse is intended for storing goods and performing warehouse operations, and in case of inefficient organization of processes, the company will suffer significant losses. In our project experience, we have met companies where the level of losses due to […]

Warehouse
Chatbots: What are they and How to Use them in Business?

16 Jan 2018

Read 5 minutes

Chatbots: What are they and How to Use them in Business?

The era of chatbots has already begun. It doesn`t matter whether you are ready for it or not, this fact should be accepted and considered as an opportunity to improve communications with customers in your business.   They exist, but we did not notice them A chatbot is a program that uses “communication” patterns to […]

Merchandising
Auto parts warehouse: sectoral inventory system of spare parts in warehouse

29 Sep 2017

Read 7 minutes

Auto parts warehouse: sectoral inventory system of spare parts in warehouse

The auto parts warehouse has features related to a huge variety of spare parts for various groups of cars and special equipment, diverse additional product groups. The specific feature of the spare parts warehouse organization requires introduction of the sectoral inventory system of spare parts in warehouse.Compliance with the storage requirements of each product range […]

Warehouse
Online warehouse management

11 Aug 2017

Read 5 minutes

Online warehouse management

How to organize online warehouse management and what nuances should pay attention to  The warehouse management system (WMS) evolution is like the evolution of other software solutions. Initially, it was the movement and storage of materials control system at the warehouse, bur the WMS part becomes more wide, there is added the production operations management, […]

Warehouse
Inventory management in a trading company

14 Jul 2017

Read 4 minutes

Inventory management in a trading company

Currently, the effective inventory management at a trading company and ability to respond quickly to market changes are the decisive competitive advantages of both the major retail chains and the small “neighborhood” stores. Inventory in trading is the main capital, thanks to which the trading business exists actually. Procurement managers make hundreds or even thousands […]

Inventory in retail
Warehouse audit: objectives, warehouse performance analysis

23 Jun 2017

Read 7 minutes

Warehouse audit: objectives, warehouse performance analysis

It is not easy for both business owners and logistics managers to organize a fine-tuned and well-established warehouse operation.It is not easy for both business owners and logistics managers. Everythingis learned through trial and error. And when you realize that the warehouseis operating inefficiently, and moreover, this inefficiency is causinglosses, the decision for a comprehensive […]

Warehouse
How to define the Economic Order Quantity. Success story retail

26 May 2017

Read 7 minutes

How to define the Economic Order Quantity. Success story retail

If your company deals with the small business, then it will be quite simple for you to define the economic order quantity manually. However, in the wake of business growing, you should consider the issue of investing into the inventory management system in order to control your reserves more efficiently. There are many reasons why […]

Inventory in retail
Accelerating inventory turnover: how to influence the indicator

08 May 2017

Read 5 minutes

Accelerating inventory turnover: how to influence the indicator

How to improve the inventory turnover rate in every point of supply chain: supplier-manufacturer-distributor-retail? Implementation of the Theory of Constraints (TOC) tools, especially the Dynamic buffer management allows to considerably improve the inventory turnover and business performance rates. Inventory turnover is the estimate indicator. In order to choose the methods of influence on it, let’s […]

Inventory in retail
Branded retail chain: the nuances of accounting and general management

19 Mar 2017

Read 5 minutes

Branded retail chain: the nuances of accounting and general management

Branded retail chain – where to start? The main aims for opening a branded retail chain are: The main goals of the branded retail chain are:   How did the format of branded retail chain appear? The branded retail chain resulted from artisan classes, stationary points of sale, uniqueness of the artisans’ tools and technologies. […]

Inventory in retail

Be the first to know all the latest automation news

Subscribers receive current news, details on ways to optimize their retail business, and expert interviews. Real news, no spam!

Чем полезен семинар по управлению запасами
Request a call
Talk to our expert today
First Name
Enter your name
Phone
Enter your full phone number
Thank you for your request.

We appreciate that you are interested in our products. One of our employees will contact you shortly. Good day!