Inventory Management: Product Names and Product Types

Inventory management part I: names and product types

Posted by Thomas Wong

If you’re new to the concept of inventory tracking, this article shares a few basic tips on how to name your products, and set up your inventory software or spreadsheet to make it easier to track different types of items. Essentially, this boils down to carefully balancing quick human readability, while maintaining the ability to quickly sort and filter your products when needed.

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How consignment could help your small business

How consignment inventory could help your small business

Posted by Thomas Wong

Consignment is one method of gaining a few extra sales, and increasing exposure of your products. The terms for consignment can vary a lot by industry, but it’s essentially a way to loan your products to a store (consignee), and they’ll pay your business a portion of the revenue if they sell it.

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What is drop shipping anyway?

What Is drop shipping, anyway?

Posted by Thomas Wong

It won’t be obvious to your customers, but drop shipping is a completely different way of fulfilling orders that relies a lot more on your vendors. This article quickly reviews the traditional retail fulfillment model and compares it to how drop shipments work.

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