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Inventory Control

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Jan. 14, 2011

Robert Lockard answered this question

How important is inventory management in the face of the recent recession?

I think inventory management is very important. Good inventory management helps your business cut costs, increase efficiency and keep customers happy. There's no substitute.
In the recession, people started reducing their extravagant lifestyles and seeking deals on products and services. You can adapt to these changes ... more

Inventory Control

Jan. 4, 2011

Sam Blackwell asked a question

Why is (or isn't) vendor-managed inventory coming back into play?

Inventory Control

July 27, 2010

Steve Christensen answered this question

We have four stores, growing but very cautious. Are we too small for an inventory control system?

Eric,
Since you are in retail, your inventory is the critical element: without it your store is of much less value. So inventory control systems are essential. That does not mean you have to go out and purchase an ERP/WMS or anything nearly of that ... more

Inventory Control

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