Inventory Tracking System: 6 of the Best Systems in 2020
As you know, a business’s inventory tracking system can make or break them. A good, well-rounded process around tracking inventory accurately and efficiently differentiates a successful company from one who’s struggling. At Scout, we utilize topShelf as...
Obsolete Inventory: What it is and How to Avoid it in Your Warehouse
As you know, inventory refers to the sellable goods your company possesses. It includes current inventory, future inventory, and you manage it as you sell items, ship items, and add new stock to fill the shelves. But, what about inventory that has been in the...
E-Commerce Packaging – How To Make It Effective For Your Brand
When it comes to brand management and online shopping, the packaging used for shipment and delivery is a pretty hot topic. Companies around the world have spent millions on packaging to increase their brand’s reach amongst different markets. Much like the...
Warehouse Theft: How do I Make sure My Warehouse Employees Aren’t Stealing?
Do you know for certain that your employees aren’t stealing from you? Maybe you’ve already found that your employees are stealing, and you’re trying to find a way to fix that. The harsh reality is that employee theft cuts into the profits of warehouses all over...
How to Calculate Shipping Costs For Maximum Profits (5 Quick Tips)
Accurately calculating shipping costs will help you maximize your profits and minimize stress as orders come in. Shipping is by no means an easy task and for sellers everywhere it has to be one of the most dreaded parts about running a business. Everyone would rather...
5 Reasons You Need a Cloud-Based Inventory Management Solution Today
Have you been struggling to stay on top of your inventory? Maybe you’d like to be working remotely or have the ability to check your inventory from home? The possibilities that cloud-based inventory management solutions offer are endless and always improving. There...
Amazon Inventory Management: 5 Tips For Increasing Inventory Turnover
Inventory turnover is a number used by businesses to determine how many times they have sold through and then replenished inventory. It can be found by dividing the number of sales during a given period by the average inventory during that same period. Average...
Safety Stock Formula: How to Use + Why It’s Crucial to the Success of Your Business
Anyone who runs a retail business knows that repercussions happen when an item goes out of stock for too long. Unexpected things can happen in the market that can cause a surge in orders for a particular product. This goes beyond any inventory planning when your stock...