Fast Forward your Business With Inventory Management Best Practices for 2018

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10
Inventory
Management Best Practices
Emergeapp.net
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What Are You Going to Do
Differently in 2018
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How about taking a hard look at ?hat youre
currently doing with inventory for your business?
What goals do you have in mind for your business
in 2018
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Here are some no-nonsense, hard-hitting
inventory management best practices you can
implement RIGHT NOW for your business in 2018
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Inventory Management Best Practices
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1
Use Technology To Boost Your
Business
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You need to be sensible and realistic about using
inventory management software
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2
Involve Your Entire Company
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Inventory management best practices need to be
instilled in everyone in your company, not just
your fulfillment and warehouse staff
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One way to do this is to involve each and every
staff by creating user accounts for them
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3
Mobilise Your Workers
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Businesses should also liberate their employees
from their desks and cubicles by enabling them to
perform their daily job tasks on the go
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4
Automate Where Possible
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Using EMERGE App, for example, automates the
calculation of landing costs for purchases
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5
Share Information and Collaborate
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The average worker spends 13 hours a week on
emails alone or about one-third of the work week!
And 96 of workers said that unnecessary
emails wasted their time
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EMERGE App tries to banish email (and chat)
clutter by offering tasks and notes throughout
the application
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Be Flexible With Price Lists
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Its a cowwoY sayiYg that oYe size doesYt
fit all. It goes to say that oYe price list doesY
t fit eeryoYe either!
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EMERGE App lets you assign tier pricing and
custom price lists to your customers
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7
Bring Your Raw Materials On
Board
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Are you dealing with products that require a
little assembly before they get added to your
final inventory
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Raw materials can also be managed inside EMERGE
App. You can add raw materials just like adding
new products
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8
Watch Those Expiry Dates And
Batches
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Wholesalers and distributors of perishable,
pharmaceutical and biomedical products fully
understand the importance of tracking expiry
dates and batches
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EMERGE App has an expiry date and batch tracking
feature
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Kickstart Your B2B Sales
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Traditional sales channels are typically online
and offline stores. Have you explored the
potential of B2B sales for your business
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EMERGE App includes a free B2B e-commerce
platform called EMERGE Cart
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10
Get Rid Of Deadstock Fast!
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Deadstock is the bane of every business dealing
with inventory
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What are the best ways to get rid of deadstock?
Slashing prices to enticing levels works like a
treat
Throw in the deadstock product to encourage sales
of a complementary product
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CONCLUSION

• Like aYy top teY list, this list isYt exhaustive
  nor a magic pill to fast forward your business to
  the next level

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