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What Is an Inventory Cycle Count and How Does It Work?

What Is an Inventory Cycle Count and How Does It Work?

by Robert Brandon | Dec 16, 2022 | Inventory

Key takeaways Inventory cycle counting involves counting small portions of inventory on a regular schedule instead of shutting down operations for a full physical inventory count. This improves accuracy while minimizing disruption. Unlike perpetual inventory...
Understanding ERP Systems: Costs, Benefits, and Better Alternatives

Understanding ERP Systems: Costs, Benefits, and Better Alternatives

by Robert Brandon | Dec 2, 2022 | Inventory

Key takeaways ERP systems are all-in-one platforms that integrate multiple areas of a business (finance, HR, manufacturing, supply chain, CRM, etc.). ERP systems can cost $150,000–$750,000 annually, plus added expenses for licensing, customization, training, and...
How This Ecommerce Business Balances Profits and Purpose

How This Ecommerce Business Balances Profits and Purpose

by Jared Plumb | Nov 29, 2022 | Customer Spotlight

Good people, good chocolate, and a better world.  This is the mantra that Sjaak’s Organic Chocolates lives and breathes. As a small business based out of California, Sjaak’s Organic Chocolates aims to change people’s minds about vegan...
Inventory Manager Job Description: From Stock Control to Optimization

Inventory Manager Job Description: From Stock Control to Optimization

by Olivia Barnes-Brett | Oct 6, 2022 | Inventory

Key takeaways The responsibilities of an inventory manager vary from tracking inventory levels to purchasing, replenishment, and managing supplier relationships. Inventory managers should employ a number of techniques, such as just-in-time inventory, reorder points,...
The 5 Fundamental Types of Inventory Everyone Should Know

The 5 Fundamental Types of Inventory Everyone Should Know

by Olivia Barnes-Brett | Sep 30, 2022 | Inventory, Popular Now

Key takeaways There are 5 fundamental types of inventory: raw materials, work-in-progress (WIP), finished goods, maintenance, repair, and operations (MRO), and packing materials. Raw materials are the basic components used to create finished goods. If the components...
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