Remove Dead-Stock Remove Inventory Turnover Remove Marketing
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What Is an Inventory Stock Control System and How Does It Work?

Small Biz Trends

An inventory stock control system is crucial for managing and tracking stock levels in a business. This system continuously monitors inventory through real-time data updates , alerts you when it’s time to reorder, and integrates seamlessly with supply chain processes. What Is Inventory Stock Control?

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Maximizing Cash Flow

Storis

In the context of furniture retail, where capital investments in inventory can be substantial, proactive cash flow management is crucial for maintaining financial stability and seizing growth opportunities. Inventory turnover, or inventory turns, is defined as the inventory turnover ratio.

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7 Indicators You’re Managing Bad Inventory (and How to Fix It)

Retalon

Bad inventory refers to products that cannot be sold because they are either no longer functional, or there is no more demand for it. What is bad inventory called day-to-day? You’ve heard it referred to as, overstocks, write-offs, dead-stock, excess, spoiled, expired, and unsold. A low rate of inventory turnover.

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Understanding Furniture Inventory Management Software in 2023

Retalon

Furniture inventory management software offers a smarter solution. It provides real-time visibility into your inventory movements across the supply chain. Powerful analytics help you optimize stock levels to drive sales, improve margins, and increase customer satisfaction. Higher turnover and availability also increase sales.