The way in which your wholesale distribution business manages inventory has a direct and critical impact on your overall success and long term viability. Successful business owners understand that inventory represents their livelihood and its importance should never be underestimated or undervalued.
This guide provides best practices for managing your inventory, whether you’re a small business or large, and provides insights into the types of tools and systems that can help.
Learn more about specific inventory management best practices such as:
This eBook contains a compilation of insightful content discussing Inventory Management Best Practices for small-medium size wholesale and distribution businesses.
Inventory management goes hand-in-hand with proper accounting and financial management. It's important to track inventory costs, set prices and manage the invoice process.
“We’ve probably gone from 30 orders a day in the past, to probably 100 with being able to just one-by-one get the orders out. “
Inventory management software with advanced functionality such as barcode scanning, lot tracking and landed cost tracking allows your business to further improve processes.