Why Your Business Needs a Purchase Order Approval Process

Posted by Micah Hartmann

Every business purchases goods and services from other companies. It might be paper and other office supplies, or it might be items you’re manufacturing or selling. One thing is certain – the more items you purchase, the more difficult it is to keep track of everything. It makes sense to use purchase orders for the […]

Continue reading
How to improve your order fulfillment process

How to Improve Order Fulfillment Process At Your Small Business

Posted by Micah Hartmann

Your order fulfillment process can significantly impact your business’s overall efficiency and success. If your fulfillment process is inefficient or broken at any stage, you could negatively affect customer experiences and possibly lose their business forever. You might also waste a lot of money, deter new leads and customers from doing business with you, and […]

Continue reading

Use This Simple Formula to Calculate Inventory Turnover Ratio

Posted by Micah Hartmann

The inventory turnover ratios for each of your products can help you determine how marketable your goods are and how effective your marketing is. Inventory turnover is a crucial measurement for understanding how your business is performing. This metric can help you make more informed decisions regarding manufacturing, buying products, storing inventory, marketing, and selling […]

Continue reading