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A Simple Guide to Multi-Location Inventory Management

A Simple Guide to Multi-Location Inventory Management

by Robert Brandon | Oct 4, 2023 | Inventory

Key takeaways Multi-location inventory management is the practice of managing stock across more than one location, such as multiple warehouses or retail locations. Small and medium-sized businesses can also benefit from multi-location inventory tracking systems, not...
What the QuickBooks Commerce Sunset Means for Users

What the QuickBooks Commerce Sunset Means for Users

by Robert Brandon | Aug 23, 2023 | Inventory

In September 2020, Intuit, the parent company of QuickBooks, purchased TradeGecko for $80 million USD. TradeGecko, a popular inventory management solution, was quickly rebranded to QuickBooks Commerce, and for a short time, things continued business as usual. But in...
How the Average Inventory Formula Can Increase Cash Flow

How the Average Inventory Formula Can Increase Cash Flow

by Robert Brandon | Aug 22, 2023 | Inventory

Businesses run on cash flow. That’s a simple fact that no one can ignore, not even mega-corporations like Walmart and Amazon. For retailers, this extends to inventory. Put simply, no cash flow means no cash to purchase more inventory, which means no sales. This...
What QuickBooks Inventory Management Can and Can’t Do for Your Business

What QuickBooks Inventory Management Can and Can’t Do for Your Business

by Robert Brandon | Jul 18, 2023 | Accounting

Key takeaways QuickBooks inventory management provides features like real-time updates and low-stock alerts. Tracking inventory with QuickBooks lacks advanced capabilities such as detailed reporting and manufacturing features, which can limit its usefulness to many...
What Are Inventory Audits and Why Are They Important?

What Are Inventory Audits and Why Are They Important?

by inFlow Inventory | May 19, 2023 | Inventory

Inventory shortages can affect a company’s profits directly and indirectly. Not having materials for production or products to fill orders leads to lost business in the short term. Shortages also affect long-term revenue because clients or retail customers may...
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