by Robert Brandon | Sep 28, 2023 | Workflows
There’s a lot of business essentials that go on behind the scenes. As a consumer, it’s easy to think retailers indiscriminately place products on the shelf. But the truth is far from that. Distribution management is an essential part of maximizing profits...
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...
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...
by Robert Brandon | Aug 15, 2023 | Inventory
Dead stock, also called deadstock, refers to unsold inventory that remains in storage without contributing to revenue. It takes up valuable space, ties up working capital, and often signals inefficiencies in procurement, forecasting, or inventory management. The...
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...
