by inFlow Inventory | May 6, 2022 | Inventory
While excess stock can accumulate for various reasons, such as inaccurate projections of customer demands and over-purchasing, it is, unfortunately, becoming an increasingly significant issue. Companies that continually have an overabundance of stock are responsible...
by inFlow Inventory | May 6, 2022 | Inventory
According to the Bureau of Labor Statistics, workplace deaths reached a 12-year high in 2019, with over 5,000 workers victim to occupational hazards. Many of these deaths occurred in construction and warehouse environments. In these environments, injuries stem from...
by inFlow Inventory | May 6, 2022 | Inventory
Inventory issues can strike almost any warehousing operation. These are often most prevalent during busy periods, particularly when you have a small operation. Juggling the challenges can result in adopting “duct tape” solutions. This refers to tactics...
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 | 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...
