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An entrepreneur reviewing data on the dashboard of an ERP system

If You Are a Small to Medium-Sized Business (SMB) Looking to Adopt ERP, This Is a Must-Read!

In business, data management is the key to operational success. Many business leaders attribute their achievements to streamlined data management practices. The growing trend of integrating business processes via ERP systems further underscores this emphasis on efficiency. Notably, even small and medium-sized businesses (SMBs) are increasingly starting to implement ERPs.

A man shipping a product in a warehouse.

Maximizing Inventory Management Efficiency through Third-Party Logistics (3PL)

Third-Party Logistics (3PL) refers to a process where a third party takes on the responsibilities of logistics and distribution. Companies that produce and sell goods often contemplate the implementation of 3PL. Let's explore in more detail what 3PL is, including its unique features and its relationship with inventory

Inventory manager checking in on stock.

Calculating Days on Hand and Inventory Turnover Rates

The career paths that lead to an 'inventory manager' all seem to be different. There may be those who majored in a totally unrelated field but ended up handling inventory, and there might be those who primarily work in administrative support and have to manage office supplies or

Zara Store Exterior

Zero Inventory System Built On a Fast Fashion Strategy - Zara

Effective inventory management becomes essential as the size of a company grows. How are well-known retail brands practicing inventory management? Let’s explore inventory management best practices used by the brands that have demonstrated exceptional expertise in this area. The first retail brand to be introduced is Zara, a fashion

Boxes stored in a warehouse.

Why inventory builds up and how to fix it

'A necessary evil' refers to something that is inherently harmful, yet unavoidable. From a management perspective, inventory is often considered a necessary evil. Reducing and eliminating it as much as possible can improve business performance, but inevitably, some amount of products must be stored in warehouses for sales.

Workers inside the warehouse.

Sharing Inventory: Collaborative inventory management strategies to reduce inventory burden

Incessantly accumulating inventory is a pain in the neck, interfering with smooth business operations. However, what if this inventory could be shared? The trend of inventory sharing, where companies form cooperative relationships and share inventory, has emerged as a new trend in the commerce industry. What is this 'inventory

inFlow vs. BoxHer

Inventory Management App Analysis (3): Inflow vs. BoxHero

If you are a business selling goods, regardless of your size, you must strive for efficient inventory management. Among many options, what would be the best inventory management app for our business? Following the first part, we will compare the features of inFlow Inventory and BoxHero, beloved inventory management solutions