
by Sharon Miki Chan | Feb 1, 2022 | Accounting
Running a business is complex, with many moving parts that are unique to your specific situation. With that said, one thing holds true for almost any company; It’s nearly impossible to be successful without a sound accounting process. Today that may mean...
by Sharon Miki Chan | Nov 30, 2021 | Inventory
The past couple of years have forced businesses to step up to a myriad of new and unprecedented challenges, with the COVID-19 pandemic spurring widespread uncertainty, material shortages, shipping delays, dramatic shifts to consumer spending and other supply chain...
by Sharon Miki Chan | Oct 4, 2021 | Inventory
Just ask any construction worker framing a building: While you could MacGyver two pieces of wood together with whatever items you have on hand, you’ll get the job done faster — and better — if you use the right tools. Similarly, while the mechanics of...
by Sharon Miki Chan | Sep 21, 2021 | Inventory
If you order too much inventory, you’ll spend more money than is necessary and end up tying up your cash. Cash is the lifeblood of a business, and ensuring that you have enough of it at any given time is important. Plus, excess stock might not be sold before the end...
by Micah Hartmann | Jul 29, 2021 | Inventory
Key takeaways A SKU is a unique alphanumeric code businesses assign to products to track details like brand, type, style, size, color, and availability. SKUs are not universal like UPCs. Each business creates its own SKU system based on what it needs to track. SKU...