Improving the speed and consistency at which you meet your customers’ needs is the best way to maintain an advantage over competitors. You must be reliable, reduce wait-time, and offer solutions quickly, making it easy for customers to do business with you.
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Topics:
inventory management,
inventory,
john shepperson,
oates co,
stockroom,
sales floor,
supply and demand
Businesses generate success through a combination of daily operations. Merchandising, bookkeeping, staffing, marketing, and customer service are crucial to promoting stability and growth. While most business owners understand how important it is to keep track of what goes on in their establishment, the amount of data to collect and sort through can be overwhelming.
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Topics:
automation,
data,
inventory management,
john shepperson,
oates co,
data collection,
inventory management software
Every smart manager knows that a thriving business requires constant attention to remain thriving. Employees, for example, must receive the proper training and be in a positive, healthy environment. Some industries have certain procedures and regulations to follow/meet, and you must craft your customer service regulations and methods with your strategic plan in mind.
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Topics:
inventory management,
inventory,
john shepperson,
oates co,
inventory management software
The stockroom is one of the most important parts of a successful business. Customer service, employee training, advertising, and other business processes are also important, of course, but good inventory management is critical. Without keeping an appropriate amount of physical inventory in stock based on sales numbers, you won't meet your financial objectives. Inventory management is easy at a single location, but a greater level of attention must be given to physical inventory when one is considering business expansion.
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Topics:
software,
inventory management,
inventory,
john shepperson,
oates co,
business growth,
inventory management software,
expansion
Starting a business involves a long list of “to-dos” – choose a location, hire employees, obtain building or operating licenses, advertise, etc. Once you are up and running, you must manage employees, organize shipping and receiving schedules, handle inventory, deal with customers, and more. With so much work to do, many businesses are utilizing inventory management software to make at least one task easier.
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Topics:
automation,
inventory management,
inventory,
john shepperson,
oates co,
inventory management software
Today's world is fast-paced and changing – no matter what field of business you’re in – and keeping up with a growing global market presents a challenge. Knowing what tools are available to assist you in managing your company's assets can help you choose the software that's right for you.
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Topics:
fixed assets,
john shepperson,
oates co,
sage fixed assets,
assets,
asset tracking software
Over the years, businesses have created and implemented numerous different inventory management techniques in an attempt to improve profit through decreased costs. Although each system works in a different way, the following principles are universal to inventory management. Along with a good enterprise resource planning (ERP) system, these 6 steps are the key to good inventory management.
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Topics:
ERP,
enterprise resource planning,
inventory management,
inventory,
budget,
john shepperson,
oates co,
forecasting,
turnover ratio,
perpetual inventory,
purchase procedures
When it comes to running your business processes, having an enterprise resource planning (ERP) system is highly advantageous. More and more frequently, ERPs are being used in the cloud, which has even more advantages, including:
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Topics:
cloud,
integration,
john shepperson,
oates co,
analytics,
security,
access,
information backup
Every good business needs enthusiastic staff members, experienced managers, and a well-stocked inventory to give customers the best experience possible. But sometimes you want your business to exceed expectations and go above and beyond when it comes to being a first choice for customers.
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Topics:
customers,
inventory,
john shepperson,
oates co,
customer service,
forecasting,
purchasing trends
It’s easy to take the conveniences provided by a well-operated business for granted. Most people simply walk into their favorite store or log onto the store’s website and make a purchase without thinking too much about the intricate process going on behind the scenes. Of course, as a good business owner, that’s exactly what you want your customers to be able to do.
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Topics:
inventory,
john shepperson,
oates co,
inventory software,
selling patterns